Agnico Eagle Mines Limited reported net income of $567.1 million ($1.13 per share) in Q3 2024, up from $174.8 million ($0.35 per share) in Q3 2023. Adjusted net income rose to $572.6 million ($1.14 per share) from $216.1 million ($0.44 per share) year-over-year.Gold production increased to 863,445 ounces in Q3 2024 from 850,429 ounces in Q3 2023. Operating margin grew 55.4% to $1,372.0 million, driven by a 31.2% increase in mining revenues due to higher gold prices and increased production at several mines. Cash provided by operating activities more than doubled to $1,084.5 million.The company declared a quarterly dividend of $0.40 per share. It also approved $200 million and $100 million investments to further study the Upper Beaver and Detour Lake Underground projects, respectively, over approximately three years.

Agnico Eagle Mines Limited reported net income of $567.1 million ($1.13 per share) in Q3 2024, up from $174.8 million ($0.35 per share) in Q3 2023. Adjusted net income rose to $572.6 million ($1.14 per share) from $216.1 million ($0.44 per share) year-over-year.Gold production increased to 863,445 ounces in Q3 2024 from 850,429 ounces in Q3 2023. Operating margin grew 55.4% to $1,372.0 million, driven by a 31.2% increase in mining revenues due to higher gold prices and increased production at several mines. Cash provided by operating activities more than doubled to $1,084.5 million.The company declared a quarterly dividend of $0.40 per share. It also approved $200 million and $100 million investments to further study the Upper Beaver and Detour Lake Underground projects, respectively, over approximately three years.