Agnico Eagle Mines Limited - About Agnico

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Our eight mines are located in the mining friendly regions of Canada (Quebec and Nunavut), Finland, and Mexico, with exploration and development activities in each of these regions as well as in Ontario and British Columbia (Canada), the United States and Sweden.

We maintain a solid financial profile, and expect to maintain net free cash flow with stable annual production and costs.

1,713,533 OZ.

We produced 1,713,533 ounces of gold in 2017 and 5.0 million ounces of silver.

Agnico has a strong track record of growing gold reserves and resources through exploration — our gold reserves stand at 20.6 million ounces. We also have approximately 47 million ounces of silver, 134,000 tonnes of zinc and 71,000 tonnes of copper in reserves as of December 31, 2017.

In 2018, we expect to produce 1,530,000 ounces of gold.

5,500,000

LaRonde mine has produced over 5.5 million ounces of gold since 1988 and remains a consistent engine of earnings and cash flow.

Canadian Malartic (50% interest obtained in June 2014) is one of the world’s largest pure gold producers.

The 55,000-tonnes/day open pit mine and plant produced a record 633,462 ounces of gold in 2017 (on a 100% basis), with another 650,000 expected in 2017.

The Goldex underground mine is exploiting its M and E zones through 2018.

Deep 1 zone has been developed for another eight years of production. The Deep 1 project achieved commercial production on July 1, 2017. Goldex produced 119,000 ounces of gold in 2017, and expects to produce 115,000 ounces in 2018.

The Meadowbank mine in the Nunavut, Canada has been our largest gold producer, with production of 352,526 ounces in 2017.

The Amaruq satellite deposit at Meadowbank has been approved for development, pending the receipt of the required permits. Production at Amaruq is forecast to begin in the third quarter of 2019.

The Meliadine mine development in Nunavut has one of Agnico Eagle’s largest mineral resources, with reserve grades almost three times the Company average.

In May 2016, the Company received the final permit needed before commencing construction activities. Agnico Eagle approved construction of the Meliadine project in February 2017, and production is expected to begin in the second quarter of 2019.

The Kittila mine in northern Finland is the largest primary gold producer in Europe, and hosts the company's largest mineral reserves.

The Sisar zone was discovered in 2015 at depth, subparallel to the main Kittila ore zone, and could potentially provide an additional source of underground ore to the mill with relatively little underground development.

Pinos Altos and nearby Creston Mascota are comprised of open-pit and underground mines with substantial reserves of gold and silver, a 5,500-tonne/day plant and heap leach facilities in northern Mexico.

The low-cost operations are a strong cash generator for the Company.

The La India open pit, heap leach operation in northern Mexico achieved commercial operations in 2014. It has operating synergies with the Pinos Altos and Creston Mascota mine complex, only 70 km away.