We adhere to a consistent, low-risk strategy for strengthening our gold mining business and creating per share value.
Produce more gold | Grow gold reserves in mining-friendly regions |
Acquire small, think big | Maintain a solid financial position
Produce more gold
Our goal is to continue increasing annual gold production by building and exploring our own mines.
Grow gold reserves in mining-friendly regions
We aim to grow gold mineral reserves to 20 million ounces by year-end 2012 through aggressive exploration on our 100%-owned properties in Canada (Ontario, Quebec, the Yukon and Nunavut), the United States (Nevada), Finland and Mexico (Chihuahua).
Acquire small, think big
We continuously look to add quality projects and assets to our portfolio. Agnico-Eagle is positioned to act if an opportunity is well-matched to our technical skills and abilities, and can significantly strengthen the business. Our focus is on smaller companies or projects, where value can be added through additional exploration and advancing the project towards production.
Maintain a solid financial position
Agnico-Eagle’s production growth profile puts us in a strong position to generate significant operating cash flow in 2012 and beyond. Our healthy balance sheet also gives us the financial resources to fund growth while our policy of never selling forward our production ensures we maintain full exposure to gold’s price upside.