Agnico Eagle Mines Limited

Agnico Eagle Q3 Net Income Hits $1.35B on $4,264 Gold

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Agnico Eagle Q3 Net Income Hits $1.35B on $4,264 Gold

TORONTO – October 29, 2026 -- Agnico Eagle Mines reported third-quarter 2026 net income of $1,353 million ($2.67 per share) and free cash flow of $852 million ($1.68 per share), driven by a realized gold price of $4,264 per ounce.

Adjusted net income was $1,324 million, or $2.62 per share. Cash provided by operating activities reached $1,755 million, or $3.47 per share.

Payable gold output of 814,012 ounces comes with costs above full-year guidance ranges

Production costs were $1,193 per ounce, total cash costs were $1,133 per ounce and all-in sustaining costs (AISC) were $1,648 per ounce. Detour Lake, Fosterville and Kittila led operations.

Full-year payable production is still expected near the lower end of the 3.3 to 3.5 million ounce guidance range. The company attributes this to the adjusted mine plan for the Barnat open pit at Canadian Malartic after the rock mass movement reported on July 2, 2026.

Falcon Gold Starts Field Exploration at West Hammond Near Hammond Reef

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Falcon Gold Starts Field Exploration at West Hammond Near Hammond Reef

Vancouver, BC – September 16, 2026 -- Falcon Gold Corp. (TSXV: FG) has commenced field exploration at its West Hammond Contact Property in northwestern Ontario, a 156-claim, 3,068-hectare land package within the Atikokan–Hammond Reef Gold District.

Falcon targets satellite gold systems near a multi-million-ounce deposit

The West Hammond program sits adjacent to Agnico Eagle's Hammond Reef deposit, which holds approximately 3.3 million ounces of probable gold reserves and an additional 2.3 million ounces of measured and indicated resources as of September 16, 2026, according to Agnico Eagle's public disclosure. Gold was first discovered at Hammond Reef in 1895, and the deposit was subsequently advanced by Brett Resources and Osisko before entering Agnico Eagle's portfolio. It has received federal and provincial environmental approvals, though additional permits and a construction decision are still required.