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Agnico Eagle narrows Q3 profit on low prices

By: Henry Lazenby NYSE- and TSX-listed Agnico Eagle Mines on Wednesday said its third-quarter net income slid 55% year-on-year to $47.31-million, or $0.27 a share, which was mainly owing to lower realised metal prices, and an extended maintenance shutdown at its Kittila mine, in Finland, during the second... 

Agnico Eagle to maintain midterm output guidance amid cost cuts

By: Henry Lazenby TSX- and NYSE-listed Agnico Eagle Mines this week said it was implementing a significant round of cost-cutting measures on the back of reporting a surprise loss during the second quarter. The Toronto-based company, which is one of Canada’s oldest miners, on Wednesday said it would reduce costs by... 

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