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
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Last updated 10/7/2021 at 2:44pm
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 bas...
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