North of 60 Mining News - The mining newspaper for Alaska and Canada's North

By Shane Lasley
Mining News 

Agnico, Kirkland agree to golden merger

Merged company will produce 3.4 million oz of gold this year; have a market cap of US$23 billion at current share prices North of 60 Mining News – October 1, 2021

 

Last updated 10/7/2021 at 2:44pm

Agnico Eagle Mines Meliadine Nunavut Canada Kirkland Lake merger Abitibi

Agnico Eagle Mines Ltd.

The aurora lights up the sky over Meliadine, a Nunavut gold mine that Agnico brings into the merger with Kirkland Lake.

Agnico Eagle Mines Ltd. and Kirkland Lake Gold Ltd. have announced plans to merge into a major mining company slated to produce 3.4 million ounces of gold this year.

With similar market capitalizations and gold production profiles in Canada and other politically stable jurisdictions, the deal is considered a merger of equals that would create a company with a market cap of around US$23 million...



For access to this article please sign in or subscribe.

 

Reader Comments(0)

 
 

Our Family of Publications Includes:

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2021

Rendered 12/07/2021 14:27