Agnico Eagle updates early warning report on Prism Resources
It will purchase Prism's 7.5% net profit interest royalty in Ontario for $5 million cash.
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Canadian-based multinational gold mining company
agnicoeagle.comLast updated
In short: Agnico Eagle reported record first-quarter 2026 earnings and launched a major consolidation of Finnish gold assets while investing in Ontario.
It will purchase Prism's 7.5% net profit interest royalty in Ontario for $5 million cash.
The company purchased 243.9 million shares at C$0.092 each, increasing its stake to 19.6%.
The project is expected to produce over 400,000 ounces of gold annually with strong economic returns, including an after-tax IRR of 26% at current gold prices.
Approval received from TSX to repurchase up to 25 million shares from May 6, 2026 to May 5, 2027, funded by cash resources.
TORONTO - Agnico Eagle Mines Ltd. has announced the completion of its deal to buy Rupert Resources Ltd.
Agnico Eagle scores with low costs and focus on stable regions. Gold production rises to record levels, the dividend was increased.
Agnico eagle mines rises 2.62% today to C$246.54, trading above its 20-day average but below longer-term trend levels.
By Doc Louallen Shares of Agnico Eagle Mines climbed after the company completed its arrangement to buy Aurion Resources, a Canadian gold exploration company, for...
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