NYSE: AEM 43.83
-0.50 -1.13%
Volume: 1,159,972
March 24, 2017
TSX: AEM 58.66
-0.49 -0.83%
Volume: 445,976
March 24, 2017
Gold: 1,244.93
-1.12 -0.09%
Volume:
March 24, 2017

As Agnico Eagle celebrates its 60th anniversary in 2017, we take stock of what we have built with the support of our employees, communities and business partners.

1953 - Five struggling silver mining companies join together to become Cobalt Consolidated Mining Company.

1957 - Cobalt Consolidated Mining Company reorganizes and changes its name to Agnico Mines Limited, which stands for silver – with a metallic symbol of Ag – nickel (Ni) and cobalt (Co).

1972 - Agnico Mines Limited merges with Eagle Mines Limited, enabling the development of Eagle Mines' Joutel mining complex. Shares of the new company – Agnico-Eagle Mines Limited – begin trading on the Toronto Stock Exchange under the ticker symbol AGE.

1974 - Production begins at the Joutel mining complex in northwestern Quebec. Joutel operates until 1993, producing approximately 1.1 million ounces of gold from the Eagle Gold, Telbel and Eagle West mines.

1989 - Agnico-Eagle acquires the property and assets of Dumagami Mines Limited, including the Dumagami project in northwestern Quebec, which poured its first gold in 1988, and in 1992 was renamed the LaRonde mine.

1993 - Agnico-Eagle acquires Goldex Mines, owner of the largest unexploited gold deposit in Quebec.

2000 - Agnico-Eagle acquires the high-grade Lapa gold deposit, located near LaRonde in northwestern Quebec.

2004 - Agnico-Eagle purchases all of Contact Diamond's gold exploration properties.

2005 - Agnico-Eagle acquires Riddarhyttan Resources AB, owner of the Suurikuusikko gold deposit in Finland.

2006 - Agnico-Eagle acquires the Pinos Altos project in Mexico.

2007 - Agnico-Eagle acquires Cumberland Resources and gains full control of the Meadowbank gold project in Nunavut, northern Canada.

2008 - Gold production begins at the Goldex mine in northwestern Quebec.

2009 - Gold production begins at the Kittila mine in Finland, the Lapa mine in Canada and the Pinos Altos mine in Mexico.

2010 - Gold production begins at the Meadowbank mine in Nunavut. Creston Mascota deposit at Pinos Altos and heap leach starts up on Pinos Altos property. Agnico-Eagle acquires Comaplex Minerals and gains 100% control of the Meliadine project in Nunavut.

2011 - Agnico-Eagle acquires Grayd Resource Corporation and gains 100% control of the La India property in Sonora State, northern Mexico.

2012 - Agnico-Eagle approves development of the M and E satellite zones at the Goldex mine in Quebec, and the La India mine in Mexico.

2013 - Mining and milling begins in M and E zones at Goldex in September; commercial production achieved in the fourth quarter. La India mine pours its first gold in November.

2014 - In June, Agnico Eagle and Yamana Gold acquire Osisko Mining Corp., and create a 50:50 partnership that owns and operates the Canadian Malartic mine in Quebec, one of the largest gold mines operating in Canada. In November, Agnico Eagle acquires Cayden Resources Inc. for the advanced stage El Barqueño gold project in the Guachinango gold district in Jalisco State, Mexico and another in the Guerrero gold belt in Guerrero State, Mexico.

2015 - Agnico Eagle approves the Goldex Deep 1 project, for development of Dx and D Zones in 2018-2024. Meadowbank's mine life is extended to 2018 by expansion of Vault pit. In June, Agnico Eagle acquires Soltoro Ltd., adding several properties in Jalisco State, Mexico including the El Rayo and El Tecolote properties adjacent to El Barqueño.

2016 - In the second quarter of 2016, the LaRonde mine celebrates pouring its 5 millionth ounce of gold since its start up in 1988.

2017 - In February, the Company approves the Amaruq satellite deposit at Meadowbank and the Meliadine project, both in Nunavut, for development as mines.