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INTRODUCTORY NOTES | | | | | ii | | |
| | | | ii | | | |
| | | | ii | | | |
| | | | iv | | | |
| | | | iv | | | |
| | | | v | | | |
SELECTED FINANCIAL DATA | | | | | 1 | | |
GLOSSARY OF SELECTED MINING TERMS | | | | | 2 | | |
CORPORATE STRUCTURE | | | | | 3 | | |
DESCRIPTION OF THE BUSINESS | | | | | 5 | | |
GENERAL DEVELOPMENT OF THE BUSINESS | | | | | 7 | | |
OPERATIONS & PRODUCTION | | | | | 12 | | |
| | | | 12 | | | |
| | | | 54 | | | |
| | | | 55 | | | |
| | | | 69 | | | |
| | | | 69 | | | |
| | | | 70 | | | |
| | | | 70 | | | |
| | | | 71 | | | |
| | | | 71 | | | |
| | | | 72 | | | |
| | | | 73 | | | |
RISK FACTORS | | | | | 74 | | |
DIVIDENDS | | | | | 93 | | |
| | | | | | | |
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Page
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DESCRIPTION OF CAPITAL STRUCTURE | | | | | 93 | | |
RATINGS | | | | | 93 | | |
MARKET FOR SECURITIES | | | | | 94 | | |
| | | | 95 | | | |
| | | | 95 | | | |
| | | | 97 | | | |
| | | | 97 | | | |
| | | | 98 | | | |
| | | | 98 | | | |
| | | | 99 | | | |
AUDIT COMMITTEE | | | | | 99 | | |
| | | | 99 | | | |
| | | | 100 | | | |
| | | | 100 | | | |
| | | | 100 | | | |
LEGAL PROCEEDINGS AND REGULATORY ACTIONS | | | | | 101 | | |
| | | | 101 | | | |
TRANSFER AGENT AND REGISTRAR | | | | | 101 | | |
MATERIAL CONTRACTS | | | | | 101 | | |
INTERESTS OF EXPERTS | | | | | 103 | | |
ADDITIONAL INFORMATION | | | | | 104 | | |
SCHEDULE “A” AUDIT COMMITTEE CHARTER OF THE COMPANY | | | | | A-1 | | |
| | | | B-1 | | |
| | |
Year Ended December 31,
|
| |||||||||||||||||||||||||||
| | |
2023
|
| |
2022
|
| |
2021
|
| |
2020
|
| |
2019
|
| |||||||||||||||
High | | | | | 1.3875 | | | | | | 1.3858 | | | | | | 1.2942 | | | | | | 1.4496 | | | | | | 1.3600 | | |
Low | | | | | 1.3128 | | | | | | 1.2451 | | | | | | 1.2040 | | | | | | 1.2718 | | | | | | 1.2988 | | |
End of Period | | | | | 1.3226 | | | | | | 1.3544 | | | | | | 1.2678 | | | | | | 1.2732 | | | | | | 1.2988 | | |
Average | | | | | 1.3497 | | | | | | 1.3013 | | | | | | 1.2535 | | | | | | 1.3415 | | | | | | 1.3269 | | |
| | |
2024
|
| |
2023
|
| ||||||||||||||||||||||||||||||||||||
| | |
March
(to March 18) |
| |
February
|
| |
January
|
| |
December
|
| |
November
|
| |
October
|
| |
September
|
| |||||||||||||||||||||
High | | | | | 1.3582 | | | | | | 1.3574 | | | | | | 1.3522 | | | | | | 1.3599 | | | | | | 1.3875 | | | | | | 1.3871 | | | | | | 1.3674 | | |
Low | | | | | 1.3472 | | | | | | 1.3404 | | | | | | 1.3316 | | | | | | 1.3205 | | | | | | 1.3581 | | | | | | 1.3591 | | | | | | 1.3423 | | |
End of Period | | | | | 1.3541 | | | | | | 1.3570 | | | | | | 1.3397 | | | | | | 1.3226 | | | | | | 1.3582 | | | | | | 1.3871 | | | | | | 1.3520 | | |
Average | | | | | 1.3520 | | | | | | 1.3501 | | | | | | 1.3425 | | | | | | 1.3431 | | | | | | 1.3709 | | | | | | 1.3717 | | | | | | 1.3535 | | |
| | |
Year Ended December 31,
|
| |||||||||||||||||||||||||||
| | |
2023
|
| |
2022
|
| |
2021*
|
| |
2020
|
| |
2019
|
| |||||||||||||||
| | |
(in thousands of U.S. dollars, other than share and per share information)
|
| |||||||||||||||||||||||||||
Income Statement Data | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Revenues from mining operations | | | | | 6,626,909 | | | | | | 5,741,162 | | | | | | 3,869,625 | | | | | | 3,138,113 | | | | | | 2,494,892 | | |
Production | | | | | 2,933,263 | | | | | | 2,643,321 | | | | | | 1,773,121 | | | | | | 1,424,152 | | | | | | 1,247,705 | | |
Exploration and corporate development | | | | | 215,781 | | | | | | 271,117 | | | | | | 152,514 | | | | | | 113,492 | | | | | | 104,779 | | |
Amortization of property, plant and mine development | | | | | 1,491,771 | | | | | | 1,094,691 | | | | | | 738,129 | | | | | | 631,101 | | | | | | 546,057 | | |
General and administrative | | | | | 208,451 | | | | | | 220,861 | | | | | | 142,003 | | | | | | 116,288 | | | | | | 120,987 | | |
Impairment loss on equity securities | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
(Gain) Loss on derivative financial instruments | | | | | -68,432 | | | | | | 90,692 | | | | | | 11,103 | | | | | | -107,873 | | | | | | -17,124 | | |
Finance costs | | | | | 130,087 | | | | | | 82,935 | | | | | | 92,042 | | | | | | 95,134 | | | | | | 105,082 | | |
Other expenses (income) | | | | | 63,557 | | | | | | 130,891 | | | | | | 21,742 | | | | | | 48,234 | | | | | | -13,169 | | |
Environmental remediation | | | | | 2,712 | | | | | | 10,417 | | | | | | 576 | | | | | | 27,540 | | | | | | 2,804 | | |
Foreign currency translation (gain) loss | | | | | -328 | | | | | | -16,081 | | | | | | 5,672 | | | | | | 22,480 | | | | | | 4,850 | | |
Care and maintenance | | | | | 47,392 | | | | | | 41,895 | | | | | | — | | | | | | — | | | | | | — | | |
Income (loss) before income and mining taxes | | | | | 2,359,069 | | | | | | 1,115,423 | | | | | | 932,723 | | | | | | 767,565 | | | | | | 738,742 | | |
Income and mining taxes expense | | | | | 417,762 | | | | | | 445,174 | | | | | | 370,778 | | | | | | 255,958 | | | | | | 265,576 | | |
Net income (loss) for the year | | | | | 1,941,307 | | | | | | 670,249 | | | | | | 561,945 | | | | | | 511,607 | | | | | | 473,166 | | |
Net income (loss) per share – basic | | | | | 3.97 | | | | | | 1.53 | | | | | | 2.31 | | | | | | 2.12 | | | | | | 2.00 | | |
Net income (loss) per share – diluted | | | | | 3.95 | | | | | | 1.53 | | | | | | 2.30 | | | | | | 2.10 | | | | | | 1.99 | | |
Weighted average number of common shares outstanding – basic | | | | | 488,722,676 | | | | | | 437,678,131 | | | | | | 243,707,991 | | | | | | 241,508,347 | | | | | | 236,933,791 | | |
Weighted average number of common shares outstanding – diluted | | | | | 489,912,686 | | | | | | 438,533,089 | | | | | | 244,732,372 | | | | | | 243,072,085 | | | | | | 238,229,593 | | |
Cash dividends declared per common share | | | | | 1.6 | | | | | | 1.6 | | | | | | 1.4 | | | | | | 0.95 | | | | | | 0.55 | | |
Balance Sheet Data (at end of period) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Property, plant and mine development | | | | | 21,221,905 | | | | | | 18,459,400 | | | | | | 7,675,595 | | | | | | 7,325,418 | | | | | | 7,003,665 | | |
Total assets | | | | | 28,684,949 | | | | | | 23,494,808 | | | | | | 10,216,090 | | | | | | 9,614,755 | | | | | | 8,789,885 | | |
Long-term debt | | | | | 1,843,086 | | | | | | 1,342,070 | | | | | | 1,565,223 | | | | | | 1,565,241 | | | | | | 1,724,108 | | |
Reclamation provision | | | | | 1,073,504 | | | | | | 901,836 | | | | | | 729,996 | | | | | | 667,053 | | | | | | 439,801 | | |
Net assets | | | | | 19,422,915 | | | | | | 16,241,345 | | | | | | 5,999,771 | | | | | | 5,683,213 | | | | | | 5,111,514 | | |
Common shares | | | | | 18,334,869 | | | | | | 16,251,221 | | | | | | 5,863,512 | | | | | | 5,751,479 | | | | | | 5,589,352 | | |
Shareholders’ equity | | | | | 19,422,915 | | | | | | 16,241,345 | | | | | | 5,999,771 | | | | | | 5,683,213 | | | | | | 5,111,514 | | |
Total common shares outstanding | | | | | 497,299,441 | | | | | | 456,465,296 | | | | | | 245,001,857 | | | | | | 242,884,314 | | | | | | 239,619,035 | | |
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AGNICO EAGLE
ANNUAL INFORMATION FORM
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1
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|
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2
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AGNICO EAGLE
ANNUAL INFORMATION FORM
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AGNICO EAGLE
ANNUAL INFORMATION FORM
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3
|
|
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4
|
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AGNICO EAGLE
ANNUAL INFORMATION FORM
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|
| | |
Date of
Acquisition(1) |
| |
Date of
Commencement of Construction(1) |
| |
Date of achieving
Commercial Production(1) |
| |
Estimated
Mine Life(2) |
|
LaRonde mine
|
| |
1992
|
| |
1985
|
| |
1988
|
| |
2034
|
|
LaRonde Zone 5 mine
|
| |
2003
|
| |
2017
|
| |
June 2018
|
| |
2032
|
|
Canadian Malartic Complex(3) | | |
June 2014
|
| |
n/a
|
| |
n/a
|
| |
2042
|
|
Goldex mine(4) | | |
December 1993
|
| |
July 2012
|
| |
October 2013
|
| |
2031
|
|
Meadowbank Complex(5) | | |
April 2007
|
| |
Pre-April 2007
|
| |
March 2010
|
| |
2028
|
|
Meliadine mine
|
| |
July 2010
|
| |
2017
|
| |
May 2019
|
| |
2032
|
|
Detour Lake mine(6) | | |
February 2022
|
| |
n/a
|
| |
n/a
|
| |
2052
|
|
Macassa mine(6) | | |
February 2022
|
| |
n/a
|
| |
n/a
|
| |
2030
|
|
Kittila mine
|
| |
November 2005
|
| |
June 2006
|
| |
May 2009
|
| |
2035
|
|
Fosterville mine(6) | | |
February 2022
|
| |
n/a
|
| |
n/a
|
| |
2033
|
|
Pinos Altos mine
|
| |
March 2006
|
| |
August 2007
|
| |
November 2009
|
| |
2028
|
|
La India mine
|
| |
November 2011
|
| |
September 2012
|
| |
February 2014
|
| |
2024
|
|
|
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
| |
5
|
|
|
6
|
| |
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
|
| | |
2021 Capital Expenditures(1)
(thousands of $) |
| |||||||||||||||||||||
| | | | | | | | | | | | | | |
Capitalized Exploration
|
| |||||||||
| | |
Sustaining
|
| |
Development
|
| |
Sustaining
|
| |
Non-sustaining
|
| ||||||||||||
LaRonde Complex | | | | | 72,749 | | | | | | 45,914 | | | | | | – | | | | | | 10,699 | | |
Canadian Malartic Complex (50%) | | | | | 28,582 | | | | | | 14,668 | | | | | | 2,435 | | | | | | 4,005 | | |
Goldex mine | | | | | 37,312 | | | | | | 77,175 | | | | | | 5,320 | | | | | | – | | |
Kittila mine | | | | | 48,917 | | | | | | 5,820 | | | | | | – | | | | | | 3,823 | | |
Meadowbank Complex (including Amaruq) | | | | | 48,446 | | | | | | 168,291 | | | | | | 1,895 | | | | | | 5,993 | | |
Meliadine mine | | | | | 39,109 | | | | | | 6,969 | | | | | | 5,051 | | | | | | 913 | | |
Pinos Altos mine | | | | | 21,615 | | | | | | 23,777 | | | | | | 601 | | | | | | – | | |
La India mine | | | | | 10,000 | | | | | | 9,383 | | | | | | 117 | | | | | | – | | |
Other | | | | | – | | | | | | 11,105 | | | | | | – | | | | | | 866 | | |
Total Capital Expenditures | | | | | 414,963 | | | | | | 416,257 | | | | | | 17,580 | | | | | | 26,299 | | |
|
AGNICO EAGLE
ANNUAL INFORMATION FORM
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7
|
|
| | |
2022 Capital Expenditures(1)
(thousands of $) |
| |||||||||||||||||||||
| | | | | | | | | | | | | | |
Capitalized Exploration
|
| |||||||||
| | |
Sustaining
|
| |
Development
|
| |
Sustaining
|
| |
Non-sustaining
|
| ||||||||||||
LaRonde Complex | | | | $ | 100,111 | | | | | $ | 72,020 | | | | | | 2,068 | | | | | | – | | |
Canadian Malartic Complex (50%) | | | | | 69,137 | | | | | | 115,997 | | | | | | – | | | | | | 12,554 | | |
Goldex mine | | | | | 23,480 | | | | | | 35,136 | | | | | | 1,645 | | | | | | 3,944 | | |
Detour Lake mine | | | | | 214,060 | | | | | | 148,672 | | | | | | – | | | | | | 31,400 | | |
Fosterville mine | | | | | 56,131 | | | | | | 9,876 | | | | | | 213 | | | | | | 28,492 | | |
Kittila mine | | | | | 43,803 | | | | | | 50,315 | | | | | | 4,996 | | | | | | 2,449 | | |
Macassa mine | | | | | 29,393 | | | | | | 70,468 | | | | | | 905 | | | | | | 21,707 | | |
Meadowbank Complex (including Amaruq) | | | | | 86,435 | | | | | | 53,393 | | | | | | – | | | | | | – | | |
Meliadine mine | | | | | 58,485 | | | | | | 90,859 | | | | | | 3,601 | | | | | | 2,949 | | |
Pinos Altos mine | | | | | 25,664 | | | | | | 26,749 | | | | | | 837 | | | | | | – | | |
La India mine | | | | | 8,955 | | | | | | 6,129 | | | | | | 8 | | | | | | – | | |
Other | | | | | 3,291 | | | | | | 16,289 | | | | | | 328 | | | | | | 3,956 | | |
Total Capital Expenditures | | | | $ | 718,945 | | | | | $ | 695,903 | | | | | $ | 14,601 | | | | | $ | 107,451 | | |
|
8
|
| |
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
|
| | |
2023 Capital Expenditures(1)
(thousands of $) |
| |||||||||||||||||||||
| | | | | | | | | | | | | | |
Capitalized Exploration
|
| |||||||||
| | |
Sustaining
|
| |
Development
|
| |
Sustaining
|
| |
Non-sustaining
|
| ||||||||||||
LaRonde Complex | | | | $ | 81,043 | | | | | $ | 68,930 | | | | | $ | 2,038 | | | | | $ | – | | |
Canadian Malartic Complex(2) | | | | | 91,028 | | | | | | 160,513 | | | | | | – | | | | | | 9,447 | | |
Goldex mine(3) | | | | | 25,908 | | | | | | 56,977 | | | | | | 1,295 | | | | | | 2,459 | | |
Detour Lake mine | | | | | 249,765 | | | | | | 140,388 | | | | | | – | | | | | | 32,515 | | |
Fosterville mine | | | | | 33,751 | | | | | | 33,575 | | | | | | 895 | | | | | | 19,218 | | |
Kittila mine | | | | | 47,355 | | | | | | 26,410 | | | | | | 2,184 | | | | | | 5,053 | | |
Macassa mine | | | | | 43,333 | | | | | | 75,125 | | | | | | 1,696 | | | | | | 26,105 | | |
Meadowbank Complex | | | | | 121,653 | | | | | | 80 | | | | | | – | | | | | | – | | |
Meliadine mine | | | | | 67,947 | | | | | | 106,953 | | | | | | 7,328 | | | | | | 11,927 | | |
Pinos Altos mine | | | | | 28,449 | | | | | | 4,196 | | | | | | 1,692 | | | | | | 1,101 | | |
Other | | | | | 247 | | | | | | 11,449 | | | | | | – | | | | | | 840 | | |
Total Capital Expenditures | | | | $ | 790,479 | | | | | $ | 684,596 | | | | | $ | 17,128 | | | | | $ | 108,665 | | |
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AGNICO EAGLE
ANNUAL INFORMATION FORM
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9
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2024 Capital Expenditures (Expected)(1)
(thousands of $) |
| |||||||||||||||||||||||||||
| | |
Capital Expenditures
|
| |
Capitalized Exploration
|
| ||||||||||||||||||||||||
| | |
Sustaining
|
| |
Development
|
| |
Sustaining
|
| |
Non-sustaining
|
| |
Total
|
| |||||||||||||||
LaRonde Complex | | | | $ | 86,100 | | | | | $ | 68,200 | | | | | $ | 2,300 | | | | | $ | – | | | | |
$
|
156,600
|
| |
Canadian Malartic Complex | | | | | 135,900 | | | | | | 167,500 | | | | | | – | | | | | | 7,100 | | | | |
|
310,500
|
| |
Goldex mine | | | | | 52,800 | | | | | | 7,700 | | | | | | 2,900 | | | | | | – | | | | |
|
63,400
|
| |
Detour Lake mine | | | | | 274,800 | | | | | | 201,100 | | | | | | – | | | | | | 20,300 | | | | |
|
496,200
|
| |
Macassa mine | | | | | 59,400 | | | | | | 97,800 | | | | | | 2,100 | | | | | | 32,900 | | | | |
|
192,200
|
| |
Meliadine mine | | | | | 70,200 | | | | | | 82,400 | | | | | | 5,500 | | | | | | 13,200 | | | | |
|
171,300
|
| |
Meadowbank Complex | | | | | 94,000 | | | | | | – | | | | | | – | | | | | | – | | | | |
|
94,000
|
| |
Fosterville mine | | | | | 35,800 | | | | | | 41,100 | | | | | | – | | | | | | 11,000 | | | | |
|
87,900
|
| |
Kittila mine | | | | | 87,200 | | | | | | 2,900 | | | | | | 1,900 | | | | | | 5,400 | | | | |
|
97,400
|
| |
Pinos Altos mine | | | | | 19,800 | | | | | | 15,400 | | | | | | 1,800 | | | | | | 500 | | | | |
|
37,500
|
| |
San Nicolas project | | | | | – | | | | | | 17,000 | | | | | | – | | | | | | – | | | | |
|
17,000
|
| |
Other | | | | | – | | | | | | 35,900 | | | | | | – | | | | | | 1,700 | | | | |
|
37,600
|
| |
Total Capital Expenditures | | | | $ | 916,000 | | | | | $ | 737,000 | | | | | $ | 16,500 | | | | | $ | 92,100 | | | | | $ | 1,761,600 | | |
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AGNICO EAGLE
ANNUAL INFORMATION FORM
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AGNICO EAGLE
ANNUAL INFORMATION FORM
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ANNUAL INFORMATION FORM
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AGNICO EAGLE
ANNUAL INFORMATION FORM
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AGNICO EAGLE
ANNUAL INFORMATION FORM
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AGNICO EAGLE
ANNUAL INFORMATION FORM
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Copper
Concentrate 2,578 tonnes produced |
| |
Zinc
Concentrate 7,702 tonnes produced |
| | | | | | | ||||||
| | |
Head
Grades |
| |
Grade
|
| |
Recovery
|
| |
Grade
|
| |
Recovery
|
| |
Overall
Metal Recoveries |
| |
Payable
Production |
|
Gold
|
| |
3.83 g/t
|
| |
321.2
|
| |
59.37%
|
| |
24.08 g/t
|
| |
4.30%
|
| |
93.59%
|
| |
306,648 oz
|
|
Silver
|
| |
9.12 g/t
|
| |
768.3
|
| |
45.98%
|
| |
147.54 g/t
|
| |
9.76%
|
| |
85.73%
|
| |
587,556 oz
|
|
Copper
|
| |
0.13%
|
| |
18.62%
|
| |
80.78%
|
| |
–
|
| |
–
|
| |
80.78%
|
| |
2,578 t
|
|
Zinc
|
| |
0.44%
|
| |
3.58%
|
| |
4.42%
|
| |
52.88%
|
| |
76.77%
|
| |
76.77%
|
| |
7,702 t
|
|
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16
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AGNICO EAGLE
ANNUAL INFORMATION FORM
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AGNICO EAGLE
ANNUAL INFORMATION FORM
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AGNICO EAGLE
ANNUAL INFORMATION FORM
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AGNICO EAGLE
ANNUAL INFORMATION FORM
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Head
Grade |
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Overall
Metal Recovery |
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Payable
Production |
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Gold | | |
1.17 g/t
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92.8%
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603,955 oz
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Silver | | |
0.80 g/t
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72.3%
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310,494 oz
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Head
Grade |
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Overall
Metal Recovery |
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Payable
Production |
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Gold | | |
3.86 g/t
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90.56%
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431,666 oz
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AGNICO EAGLE
ANNUAL INFORMATION FORM
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ANNUAL INFORMATION FORM
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AGNICO EAGLE
ANNUAL INFORMATION FORM
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Head
Grade |
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Overall
Metal Recovery |
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Payable
Production |
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Gold | | |
6.11 g/t
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96.6%
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364,141 oz
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AGNICO EAGLE
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AGNICO EAGLE
ANNUAL INFORMATION FORM
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AGNICO EAGLE
ANNUAL INFORMATION FORM
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Property
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NSR Amount
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NSR Holder
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Buy-Out Option
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Blocks A through E | | | | | 2% | | | |
Franco-Nevada Corporation
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| | | | n/a | | |
Mine Property | | | | | 2% | | | |
Franco-Nevada Corporation
|
| | | | n/a | | |
Purchased claims (individual) | | | | | 2% | | | |
Individual Prospector
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| | | | n/a | | |
Gowest | | | | | 1% | | | |
Franco-Nevada Corporation
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| | | C$ | 750,000 | | |
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AGNICO EAGLE
ANNUAL INFORMATION FORM
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AGNICO EAGLE
ANNUAL INFORMATION FORM
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Head
Grade |
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Overall
Metal Recovery |
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Payable
Production |
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Gold | | |
0.91 g/t
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90.9%
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677,446 oz
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AGNICO EAGLE
ANNUAL INFORMATION FORM
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Metal Prices for Mineral Reserve Estimation(1)
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Gold
(US$/oz) |
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Silver
(US$/oz) |
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Copper
(US$/lb) |
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Zinc
(US$/lb) |
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| | | | $ | 1,400 | | | | | | 18.00 | | | | | | 3.50 | | | | | | 1.00 | | |
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Metal Prices for Mineral Resource Estimation(1)
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Gold
(US$/oz) |
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Silver
(US$/oz) |
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Copper
(US$/lb) |
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Zinc
(US$/lb) |
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| | | | $ | 1,650 | | | | | | 22.50 | | | | | | 3.75 | | | | | | 1.25 | | |
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Exchange rates
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C$ per
US$1.00 |
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Mexican
peso per US$1.00 |
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AUD per
US$1.00 |
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EURO per
US$1.00 |
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| | | | C$ | 1.30 | | | | | | MXP18.00 | | | | | | AUD1.36 | | | | | € | 0.909 | | |
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AGNICO EAGLE
ANNUAL INFORMATION FORM
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OPERATION / PROJECT
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PROVEN
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PROBABLE
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PROVEN & PROBABLE
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GOLD
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Mining
Method* |
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000
Tonnes |
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g/t
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000 Oz
Au |
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000
Tonnes |
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g/t
|
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000 Oz
Au |
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000
Tonnes |
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g/t
|
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000 Oz
Au |
| |
Recovery
%** |
| ||||||||||||||||||||||||||||||
LaRonde mine(1) | | |
U/G
|
| | | | 2,342 | | | | | | 4.98 | | | | | | 375 | | | | | | 8,568 | | | | | | 6.79 | | | | | | 1,870 | | | | | | 10,910 | | | | | | 6.40 | | | | | | 2,244 | | | | | | 94.7 | | |
LaRonde Zone 5(2) | | |
U/G
|
| | | | 4,450 | | | | | | 2.11 | | | | | | 301 | | | | | | 4,523 | | | | | | 2.30 | | | | | | 334 | | | | | | 8,972 | | | | | | 2.20 | | | | | | 636 | | | | | | 94.7 | | |
LaRonde Complex Total | | | | | 6,791 | | | | | | 3.10 | | | | | | 676 | | | | | | 13,091 | | | | | | 5.24 | | | | | | 2,204 | | | | | | 19,882 | | | | | | 4.51 | | | | | | 2,880 | | | | | | | | | |||
Canadian Malartic(3) | | |
O/P
|
| | | | 45,474 | | | | | | 0.58 | | | | | | 852 | | | | | | 45,332 | | | | | | 1.09 | | | | | | 1,584 | | | | | | 90,806 | | | | | | 0.83 | | | | | | 2,436 | | | | | | 89.0 | | |
East Gouldie(4) | | |
U/G
|
| | | | − | | | | | | − | | | | | | − | | | | | | 47,005 | | | | | | 3.42 | | | | | | 5,173 | | | | | | 47,005 | | | | | | 3.42 | | | | | | 5,173 | | | | | | 94.6 | | |
Odyssey deposits(5) | | |
U/G
|
| | | | 17 | | | | | | 2.25 | | | | | | 1 | | | | | | 4,422 | | | | | | 2.17 | | | | | | 308 | | | | | | 4,440 | | | | | | 2.17 | | | | | | 310 | | | | | | 95.3 | | |
Canadian Malartic Complex Total | | | | | 45,491 | | | | | | 0.58 | | | | | | 853 | | | | | | 96,760 | | | | | | 2.27 | | | | | | 7,065 | | | | | | 142,251 | | | | | | 1.73 | | | | | | 7,919 | | | | | | | | | |||
Goldex(6) | | |
U/G
|
| | | | 797 | | | | | | 2.60 | | | | | | 66 | | | | | | 16,873 | | | | | | 1.54 | | | | | | 834 | | | | | | 17,669 | | | | | | 1.59 | | | | | | 901 | | | | | | 85.8 | | |
Akasaba West(7) | | |
O/P
|
| | | | 203 | | | | | | 0.84 | | | | | | 5 | | | | | | 4,823 | | | | | | 0.89 | | | | | | 138 | | | | | | 5,025 | | | | | | 0.89 | | | | | | 143 | | | | | | 77.1 | | |
Quebec Total | | | | | | | | 53,282 | | | | | | 0.93 | | | | | | 1,601 | | | | | | 131,546 | | | | | | 2.42 | | | | | | 10,242 | | | | | | 184,828 | | | | | | 1.99 | | | | | | 11,843 | | | | | | | | |
Detour Lake (At or above 0.5 g/t)
|
| |
O/P
|
| | | | 70,048 | | | | | | 1.14 | | | | | | 2,565 | | | | | | 484,633 | | | | | | 0.90 | | | | | | 14,029 | | | | | | 554,681 | | | | | | 0.93 | | | | | | 16,594 | | | | | | 91.9 | | |
Detour Lake (Below 0.5 g/t)
|
| |
O/P
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| | | | 48,656 | | | | | | 0.43 | | | | | | 666 | | | | | | 215,712 | | | | | | 0.38 | | | | | | 2,669 | | | | | | 264,368 | | | | | | 0.39 | | | | | | 3,335 | | | | | | 90.0 | | |
Detour Lake Total(8) | | | | | | | | 118,703 | | | | | | 0.85 | | | | | | 3,230 | | | | | | 700,346 | | | | | | 0.74 | | | | | | 16,698 | | | | | | 819,049 | | | | | | 0.76 | | | | | | 19,928 | | | | | | | | |
Macassa mine(9) | | |
U/G
|
| | | | 248 | | | | | | 16.17 | | | | | | 129 | | | | | | 3,959 | | | | | | 14.34 | | | | | | 1,825 | | | | | | 4,207 | | | | | | 14.45 | | | | | | 1,954 | | | | | | 97.4 | | |
Macassa Near Surface(10)
|
| |
U/G
|
| | | | 2 | | | | | | 4.23 | | | | | | − | | | | | | 117 | | | | | | 5.96 | | | | | | 22 | | | | | | 119 | | | | | | 5.93 | | | | | | 23 | | | | | | 95.0 | | |
AK deposit(11) | | |
U/G
|
| | | | − | | | | | | − | | | | | | − | | | | | | 742 | | | | | | 6.69 | | | | | | 160 | | | | | | 742 | | | | | | 6.69 | | | | | | 160 | | | | | | 95.0 | | |
Macassa Total | | | | | | | | 249 | | | | | | 16.10 | | | | | | 129 | | | | | | 4,818 | | | | | | 12.96 | | | | | | 2,007 | | | | | | 5,067 | | | | | | 13.11 | | | | | | 2,136 | | | | | | | | |
Upper Beaver(12) | | |
U/G
|
| | | | − | | | | | | − | | | | | | − | | | | | | 7,992 | | | | | | 5.43 | | | | | | 1,395 | | | | | | 7,992 | | | | | | 5.43 | | | | | | 1,395 | | | | | | 95.0 | | |
Hammond Reef(13) | | |
O/P
|
| | | | − | | | | | | − | | | | | | − | | | | | | 123,473 | | | | | | 0.84 | | | | | | 3,323 | | | | | | 123,473 | | | | | | 0.84 | | | | | | 3,323 | | | | | | 89.2 | | |
Ontario Total | | | | | | | | 118,952 | | | | | | 0.88 | | | | | | 3,359 | | | | | | 836,629 | | | | | | 0.87 | | | | | | 23,424 | | | | | | 955,581 | | | | | | 0.87 | | | | | | 26,783 | | | | | | | | |
Amaruq | | |
O/P
|
| | | | 3,010 | | | | | | 1.58 | | | | | | 153 | | | | | | 9,469 | | | | | | 3.76 | | | | | | 1,146 | | | | | | 12,479 | | | | | | 3.24 | | | | | | 1,299 | | | | | | 91.7 | | |
Amaruq | | |
U/G
|
| | | | 49 | | | | | | 5.96 | | | | | | 9 | | | | | | 2,829 | | | | | | 5.81 | | | | | | 528 | | | | | | 2,878 | | | | | | 5.81 | | | | | | 538 | | | | | | 91.7 | | |
Meadowbank Complex Total(14) | | | | | 3,059 | | | | | | 1.65 | | | | | | 162 | | | | | | 12,298 | | | | | | 4.23 | | | | | | 1,674 | | | | | | 15,357 | | | | | | 3.72 | | | | | | 1,837 | | | | | | | | | |||
Meliadine | | |
O/P
|
| | | | 266 | | | | | | 4.27 | | | | | | 37 | | | | | | 4,632 | | | | | | 4.46 | | | | | | 664 | | | | | | 4,898 | | | | | | 4.45 | | | | | | 700 | | | | | | 94.7 | | |
Meliadine | | |
U/G
|
| | | | 1,514 | | | | | | 7.57 | | | | | | 369 | | | | | | 11,846 | | | | | | 6.30 | | | | | | 2,398 | | | | | | 13,360 | | | | | | 6.44 | | | | | | 2,767 | | | | | | 96.3 | | |
Meliadine Total(15) | | | | | | | | 1,780 | | | | | | 7.08 | | | | | | 405 | | | | | | 16,478 | | | | | | 5.78 | | | | | | 3,062 | | | | | | 18,258 | | | | | | 5.91 | | | | | | 3,467 | | | | | | | | |
Hope Bay(16) | | |
U/G
|
| | | | 93 | | | | | | 6.77 | | | | | | 20 | | | | | | 16,123 | | | | | | 6.51 | | | | | | 3,377 | | | | | | 16,216 | | | | | | 6.52 | | | | | | 3,397 | | | | | | 87.5 | | |
Nunavut Total | | | | | | | | 4,932 | | | | | | 3.71 | | | | | | 588 | | | | | | 44,899 | | | | | | 5.62 | | | | | | 8,113 | | | | | | 49,831 | | | | | | 5.43 | | | | | | 8,701 | | | | | | | | |
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AGNICO EAGLE
ANNUAL INFORMATION FORM
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OPERATION / PROJECT
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PROVEN
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PROBABLE
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PROVEN & PROBABLE
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GOLD
|
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Mining
Method* |
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000
Tonnes |
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g/t
|
| |
000 Oz
Au |
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000
Tonnes |
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g/t
|
| |
000 Oz
Au |
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000
Tonnes |
| |
g/t
|
| |
000 Oz
Au |
| |
Recovery
%** |
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Fosterville(17) | | |
U/G
|
| | | | 679 | | | | | | 12.52 | | | | | | 273 | | | | | | 7,897 | | | | | | 5.55 | | | | | | 1,409 | | | | | | 8,576 | | | | | | 6.10 | | | | | | 1,682 | | | | | | 95.0 | | |
Australia Total | | | | | | | | 679 | | | | | | 12.52 | | | | | | 273 | | | | | | 7,897 | | | | | | 5.55 | | | | | | 1,409 | | | | | | 8,576 | | | | | | 6.10 | | | | | | 1,682 | | | | | | | | |
Kittila(18) | | |
U/G
|
| | | | 984 | | | | | | 4.11 | | | | | | 130 | | | | | | 25,943 | | | | | | 4.14 | | | | | | 3,454 | | | | | | 26,926 | | | | | | 4.14 | | | | | | 3,584 | | | | | | 86.9 | | |
Europe Total | | | | | | | | 984 | | | | | | 4.11 | | | | | | 130 | | | | | | 25,943 | | | | | | 4.14 | | | | | | 3,454 | | | | | | 26,926 | | | | | | 4.14 | | | | | | 3,584 | | | | | | | | |
Pinos Altos | | |
O/P
|
| | | | 24 | | | | | | 1.21 | | | | | | 1 | | | | | | 2,363 | | | | | | 1.21 | | | | | | 92 | | | | | | 2,387 | | | | | | 1.21 | | | | | | 93 | | | | | | 94.4 | | |
Pinos Altos | | |
U/G
|
| | | | 2,386 | | | | | | 2.14 | | | | | | 164 | | | | | | 4,150 | | | | | | 2.17 | | | | | | 290 | | | | | | 6,536 | | | | | | 2.16 | | | | | | 454 | | | | | | 94.2 | | |
Pinos Altos Total(19) | | | | | | | | 2,410 | | | | | | 2.13 | | | | | | 165 | | | | | | 6,514 | | | | | | 1.82 | | | | | | 381 | | | | | | 8,924 | | | | | | 1.90 | | | | | | 546 | | | | | | | | |
San Nicolás (50%)(20) | | |
O/P
|
| | | | 23,858 | | | | | | 0.41 | | | | | | 314 | | | | | | 28,761 | | | | | | 0.39 | | | | | | 358 | | | | | | 52,619 | | | | | | 0.40 | | | | | | 672 | | | | | | 17.6 | | |
Mexico Total | | | | | | | | 26,268 | | | | | | 0.57 | | | | | | 479 | | | | | | 35,275 | | | | | | 0.65 | | | | | | 739 | | | | | | 61,543 | | | | | | 0.62 | | | | | | 1,219 | | | | | | | | |
Total Gold | | | | | | | | 205,096 | | | | | | 0.98 | | | | | | 6,430 | | | | | | 1,082,188 | | | | | | 1.36 | | | | | | 47,380 | | | | | | 1,287,284 | | | | | | 1.30 | | | | | | 53,811 | | | | | | | | |
|
SILVER
|
| |
Mining
Method* |
| |
000
Tonnes |
| |
g/t
|
| |
000 Oz
Ag |
| |
000
Tonnes |
| |
g/t
|
| |
000 Oz
Ag |
| |
000
Tonnes |
| |
g/t
|
| |
000 Oz
Ag |
| |
Recovery
%** |
| ||||||||||||||||||||||||||||||
| LaRonde | | |
U/G
|
| | | | 2,342 | | | | | | 14.32 | | | | | | 1,078 | | | | | | 8,568 | | | | | | 21.60 | | | | | | 5,950 | | | | | | 10,910 | | | | | | 20.04 | | | | | | 7,028 | | | | | | 74.9 | | |
| Pinos Altos | | |
O/P
|
| | | | 24 | | | | | | 43.30 | | | | | | 33 | | | | | | 2,363 | | | | | | 36.35 | | | | | | 2,762 | | | | | | 2,387 | | | | | | 36.42 | | | | | | 2,796 | | | | | | 44.5 | | |
| Pinos Altos | | |
U/G
|
| | | | 2,386 | | | | | | 40.03 | | | | | | 3,070 | | | | | | 4,150 | | | | | | 47.41 | | | | | | 6,326 | | | | | | 6,536 | | | | | | 44.71 | | | | | | 9,396 | | | | | | 49.3 | | |
| Pinos Altos Total | | | | | | | | 2,410 | | | | | | 40.06 | | | | | | 3,104 | | | | | | 6,514 | | | | | | 43.40 | | | | | | 9,088 | | | | | | 8,924 | | | | | | 42.50 | | | | | | 12,192 | | | | | | | | |
| San Nicolás (50%)(20)(21) | | |
O/P
|
| | | | 23,858 | | | | | | 23.93 | | | | | | 18,356 | | | | | | 28,761 | | | | | | 20.91 | | | | | | 19,333 | | | | | | 52,619 | | | | | | 22.28 | | | | | | 37,689 | | | | | | 38.6 | | |
| Total Silver | | | | | | | | 28,609 | | | | | | 24.50 | | | | | | 22,538 | | | | | | 43,843 | | | | | | 24.38 | | | | | | 34,371 | | | | | | 72,453 | | | | | | 24.43 | | | | | | 56,909 | | | | | | | | |
|
COPPER
|
| |
Mining
Method* |
| |
000
Tonnes |
| |
%
|
| |
tonnes
Cu |
| |
000
Tonnes |
| |
%
|
| |
tonnes
Cu |
| |
000
Tonnes |
| |
%
|
| |
tonnes
Cu |
| |
Recovery
%** |
| ||||||||||||||||||||||||||||||
| LaRonde | | |
U/G
|
| | | | 2,342 | | | | | | 0.19 | | | | | | 4,558 | | | | | | 8,568 | | | | | | 0.30 | | | | | | 25,341 | | | | | | 10,910 | | | | | | 0.27 | | | | | | 29,899 | | | | | | 83.6 | | |
| Akasaba West | | |
O/P
|
| | | | 203 | | | | | | 0.44 | | | | | | 890 | | | | | | 4,823 | | | | | | 0.50 | | | | | | 24,262 | | | | | | 5,025 | | | | | | 0.50 | | | | | | 25,153 | | | | | | 83.6 | | |
| Upper Beaver | | |
U/G
|
| | | | − | | | | | | − | | | | | | − | | | | | | 7,992 | | | | | | 0.25 | | | | | | 19,980 | | | | | | 7,992 | | | | | | 0.25 | | | | | | 19,980 | | | | | | 90.0 | | |
| San Nicolás (50%)(21) | | |
O/P
|
| | | | 23,858 | | | | | | 1.26 | | | | | | 299,809 | | | | | | 28,761 | | | | | | 1.01 | | | | | | 291,721 | | | | | | 52,619 | | | | | | 1.12 | | | | | | 591,530 | | | | | | 78.2 | | |
| Total Copper | | | | | | | | 26,402 | | | | | | 1.16 | | | | | | 305,258 | | | | | | 50,144 | | | | | | 0.72 | | | | | | 361,305 | | | | | | 76,546 | | | | | | 0.87 | | | | | | 666,562 | | | | | | | | |
|
ZINC
|
| |
Mining
Method* |
| |
000
Tonnes |
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%
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tonnes
Zn |
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000
Tonnes |
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%
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tonnes
Zn |
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000
Tonnes |
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%
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tonnes
Zn |
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Recovery
%** |
| ||||||||||||||||||||||||||||||
| LaRonde | | |
U/G
|
| | | | 2,342 | | | | | | 0.62 | | | | | | 14,424 | | | | | | 8,568 | | | | | | 1.08 | | | | | | 92,164 | | | | | | 10,910 | | | | | | 0.98 | | | | | | 106,588 | | | | | | 69.2 | | |
| San Nicolás (50%)(21) | | |
O/P
|
| | | | 23,858 | | | | | | 1.61 | | | | | | 383,313 | | | | | | 28,761 | | | | | | 1.37 | | | | | | 394,115 | | | | | | 52,619 | | | | | | 1.48 | | | | | | 777,428 | | | | | | 80.9 | | |
| Total Zinc | | | | | | | | 26,199 | | | | | | 1.52 | | | | | | 397,736 | | | | | | 37,330 | | | | | | 1.30 | | | | | | 486,280 | | | | | | 63,529 | | | | | | 1.39 | | | | | | 884,016 | | | | | | | | |
|
58
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| |
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
|
|
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
| |
59
|
|
OPERATION / PROJECT
|
| |
MEASURED
|
| |
INDICATED
|
| |
MEASURED &
INDICATED |
| |
INFERRED
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
GOLD
|
| |
Mining
Method* |
| |
000
Tonnes |
| |
g/t
|
| |
000
Oz Au |
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000
Tonnes |
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g/t
|
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000
Oz Au |
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000
Tonnes |
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g/t
|
| |
000
Oz Au |
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000
Tonnes |
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g/t
|
| |
000
Oz Au |
| |||||||||||||||||||||||||||||||||||||||
LaRonde | | | | | U/G | | | | | | − | | | | | | − | | | | | | − | | | | | | 6,424 | | | | | | 3.06 | | | | | | 632 | | | | | | 6,424 | | | | | | 3.06 | | | | | | 632 | | | | | | 1,569 | | | | | | 5.67 | | | | | | 286 | | |
LaRonde Zone 5 | | | | | U/G | | | | | | − | | | | | | − | | | | | | − | | | | | | 10,594 | | | | | | 2.27 | | | | | | 774 | | | | | | 10,594 | | | | | | 2.27 | | | | | | 774 | | | | | | 10,437 | | | | | | 3.38 | | | | | | 1,134 | | |
LaRonde Complex Total | | | | | | | | | | | − | | | | | | − | | | | | | − | | | | | | 17,018 | | | | | | 2.57 | | | | | | 1,407 | | | | | | 17,018 | | | | | | 2.57 | | | | | | 1,407 | | | | | | 12,006 | | | | | | 3.68 | | | | | | 1,420 | | |
Canadian Malartic | | | | | O/P | | | | | | − | | | | | | − | | | | | | − | | | | | | − | | | | | | − | | | | | | − | | | | | | − | | | | | | − | | | | | | − | | | | | | 8,171 | | | | | | 0.81 | | | | | | 214 | | |
Odyssey | | | | | U/G | | | | | | − | | | | | | − | | | | | | − | | | | | | 1,372 | | | | | | 1.71 | | | | | | 75 | | | | | | 1,372 | | | | | | 1.71 | | | | | | 75 | | | | | | 19,700 | | | | | | 2.29 | | | | | | 1,453 | | |
East Malartic | | | | | U/G | | | | | | − | | | | | | − | | | | | | − | | | | | | 11,134 | | | | | | 2.04 | | | | | | 731 | | | | | | 11,134 | | | | | | 2.04 | | | | | | 731 | | | | | | 65,748 | | | | | | 2.12 | | | | | | 4,480 | | |
East Gouldie | | | | | U/G | | | | | | − | | | | | | − | | | | | | − | | | | | | 4,853 | | | | | | 1.56 | | | | | | 244 | | | | | | 4,853 | | | | | | 1.56 | | | | | | 244 | | | | | | 45,239 | | | | | | 2.29 | | | | | | 3,331 | | |
Odyssey Project Total | | | | | | | | | | | − | | | | | | − | | | | | | − | | | | | | 17,358 | | | | | | 1.88 | | | | | | 1,050 | | | | | | 17,358 | | | | | | 1.88 | | | | | | 1,050 | | | | | | 130,687 | | | | | | 2.20 | | | | | | 9,263 | | |
Canadian Malartic Total | | | | | | | | | | | − | | | | | | − | | | | | | − | | | | | | 17,358 | | | | | | 1.88 | | | | | | 1,050 | | | | | | 17,358 | | | | | | 1.88 | | | | | | 1,050 | | | | | | 138,858 | | | | | | 2.12 | | | | | | 9,477 | | |
Goldex | | | | | U/G | | | | | | 12,360 | | | | | | 1.86 | | | | | | 739 | | | | | | 18,837 | | | | | | 1.50 | | | | | | 907 | | | | | | 31,197 | | | | | | 1.64 | | | | | | 1,646 | | | | | | 16,154 | | | | | | 1.68 | | | | | | 871 | | |
Akasaba West | | | | | O/P | | | | | | − | | | | | | − | | | | | | − | | | | | | 4,044 | | | | | | 0.70 | | | | | | 91 | | | | | | 4,044 | | | | | | 0.70 | | | | | | 91 | | | | | | − | | | | | | − | | | | | | − | | |
Wasamac | | | | | U/G | | | | | | − | | | | | | − | | | | | | − | | | | | | 27,850 | | | | | | 2.43 | | | | | | 2,173 | | | | | | 27,850 | | | | | | 2.43 | | | | | | 2,173 | | | | | | 9,232 | | | | | | 2.66 | | | | | | 789 | | |
Quebec Total | | | | | | | | | | | 12,360 | | | | | | 1.86 | | | | | | 739 | | | | | | 85,109 | | | | | | 2.06 | | | | | | 5,628 | | | | | | 97,468 | | | | | | 2.03 | | | | | | 6,367 | | | | | | 176,249 | | | | | | 2.22 | | | | | | 12,558 | | |
Detour Lake | | | | | O/P | | | | | | 30,861 | | | | | | 1.45 | | | | | | 1,434 | | | | | | 697,821 | | | | | | 0.74 | | | | | | 16,520 | | | | | | 728,681 | | | | | | 0.77 | | | | | | 17,955 | | | | | | 58,317 | | | | | | 0.62 | | | | | | 1,156 | | |
Detour Lake | | | | | U/G | | | | | | − | | | | | | − | | | | | | − | | | | | | − | | | | | | − | | | | | | − | | | | | | − | | | | | | − | | | | | | − | | | | | | 21,811 | | | | | | 2.23 | | | | | | 1,561 | | |
Detour Lake Zone 58N | | | | | U/G | | | | | | − | | | | | | − | | | | | | − | | | | | | 2,868 | | | | | | 5.80 | | | | | | 534 | | | | | | 2,868 | | | | | | 5.80 | | | | | | 534 | | | | | | 973 | | | | | | 4.35 | | | | | | 136 | | |
Detour Lake Total | | | | | | | | | | | 30,861 | | | | | | 1.45 | | | | | | 1,434 | | | | | | 700,688 | | | | | | 0.76 | | | | | | 17,055 | | | | | | 731,549 | | | | | | 0.79 | | | | | | 18,489 | | | | | | 81,101 | | | | | | 1.09 | | | | | | 2,853 | | |
Macassa | | | | | U/G | | | | | | 258 | | | | | | 10.32 | | | | | | 86 | | | | | | 1,910 | | | | | | 8.35 | | | | | | 512 | | | | | | 2,168 | | | | | | 8.58 | | | | | | 598 | | | | | | 3,692 | | | | | | 9.21 | | | | | | 1,094 | | |
Macassa Near Surface | | | | | U/G | | | | | | − | | | | | | − | | | | | | − | | | | | | 65 | | | | | | 6.14 | | | | | | 13 | | | | | | 65 | | | | | | 6.14 | | | | | | 13 | | | | | | 133 | | | | | | 6.62 | | | | | | 28 | | |
AK Project | | | | | U/G | | | | | | − | | | | | | − | | | | | | − | | | | | | 163 | | | | | | 6.95 | | | | | | 37 | | | | | | 163 | | | | | | 6.95 | | | | | | 37 | | | | | | 282 | | | | | | 5.69 | | | | | | 52 | | |
Macassa Total | | | | | | | | | | | 258 | | | | | | 10.32 | | | | | | 86 | | | | | | 2,138 | | | | | | 8.17 | | | | | | 562 | | | | | | 2,396 | | | | | | 8.40 | | | | | | 647 | | | | | | 4,106 | | | | | | 8.89 | | | | | | 1,173 | | |
Aquarius | | | | | O/P | | | | | | − | | | | | | − | | | | | | − | | | | | | 23,112 | | | | | | 1.49 | | | | | | 1,106 | | | | | | 23,112 | | | | | | 1.49 | | | | | | 1,106 | | | | | | 502 | | | | | | 0.87 | | | | | | 14 | | |
Holt Complex | | | | | U/G | | | | | | 5,806 | | | | | | 4.29 | | | | | | 800 | | | | | | 5,884 | | | | | | 4.75 | | | | | | 898 | | | | | | 11,690 | | | | | | 4.52 | | | | | | 1,699 | | | | | | 9,097 | | | | | | 4.48 | | | | | | 1,310 | | |
Anoki-McBean | | | | | U/G | | | | | | − | | | | | | − | | | | | | − | | | | | | 3,919 | | | | | | 2.77 | | | | | | 349 | | | | | | 3,919 | | | | | | 2.77 | | | | | | 349 | | | | | | 867 | | | | | | 3.84 | | | | | | 107 | | |
Upper Beaver | | | | | U/G | | | | | | − | | | | | | − | | | | | | − | | | | | | 3,636 | | | | | | 3.45 | | | | | | 403 | | | | | | 3,636 | | | | | | 3.45 | | | | | | 403 | | | | | | 8,688 | | | | | | 5.07 | | | | | | 1,416 | | |
Upper Canada | | | | | O/P | | | | | | − | | | | | | − | | | | | | − | | | | | | 2,006 | | | | | | 1.62 | | | | | | 104 | | | | | | 2,006 | | | | | | 1.62 | | | | | | 104 | | | | | | 1,020 | | | | | | 1.44 | | | | | | 47 | | |
Upper Canada | | | | | U/G | | | | | | − | | | | | | − | | | | | | − | | | | | | 8,433 | | | | | | 2.28 | | | | | | 618 | | | | | | 8,433 | | | | | | 2.28 | | | | | | 618 | | | | | | 17,588 | | | | | | 3.21 | | | | | | 1,816 | | |
Upper Canada Total | | | | | | | | | | | − | | | | | | − | | | | | | − | | | | | | 10,439 | | | | | | 2.15 | | | | | | 722 | | | | | | 10,439 | | | | | | 2.15 | | | | | | 722 | | | | | | 18,608 | | | | | | 3.11 | | | | | | 1,863 | | |
Hammond Reef | | | | | O/P | | | | | | 47,063 | | | | | | 0.54 | | | | | | 819 | | | | | | 86,304 | | | | | | 0.53 | | | | | | 1,478 | | | | | | 133,367 | | | | | | 0.54 | | | | | | 2,298 | | | | | | − | | | | | | − | | | | | | − | | |
Ontario Total | | | | | | | | | | | 83,988 | | | | | | 1.16 | | | | | | 3,140 | | | | | | 836,119 | | | | | | 0.84 | | | | | | 22,574 | | | | | | 920,107 | | | | | | 0.87 | | | | | | 25,713 | | | | | | 122,968 | | | | | | 2.21 | | | | | | 8,736 | | |
Amaruq | | | | | O/P | | | | | | − | | | | | | − | | | | | | − | | | | | | 4,758 | | | | | | 2.62 | | | | | | 401 | | | | | | 4,758 | | | | | | 2.62 | | | | | | 401 | | | | | | 236 | | | | | | 2.87 | | | | | | 22 | | |
Amaruq | | | | | U/G | | | | | | − | | | | | | − | | | | | | − | | | | | | 8,544 | | | | | | 4.37 | | | | | | 1,199 | | | | | | 8,544 | | | | | | 4.37 | | | | | | 1,199 | | | | | | 3,938 | | | | | | 4.75 | | | | | | 602 | | |
Amaruq Total | | | | | | | | | | | − | | | | | | − | | | | | | − | | | | | | 13,302 | | | | | | 3.74 | | | | | | 1,600 | | | | | | 13,302 | | | | | | 3.74 | | | | | | 1,600 | | | | | | 4,173 | | | | | | 4.65 | | | | | | 623 | | |
Meadowbank Complex Total | | | | | | | | | | | − | | | | | | − | | | | | | − | | | | | | 13,302 | | | | | | 3.74 | | | | | | 1,600 | | | | | | 13,302 | | | | | | 3.74 | | | | | | 1,600 | | | | | | 4,173 | | | | | | 4.65 | | | | | | 623 | | |
Meliadine | | | | | O/P | | | | | | 3 | | | | | | 3.17 | | | | | | − | | | | | | 4,613 | | | | | | 3.14 | | | | | | 466 | | | | | | 4,615 | | | | | | 3.14 | | | | | | 466 | | | | | | 1,135 | | | | | | 4.45 | | | | | | 162 | | |
Meliadine | | | | | U/G | | | | | | 422 | | | | | | 4.64 | | | | | | 63 | | | | | | 7,626 | | | | | | 4.49 | | | | | | 1,100 | | | | | | 8,047 | | | | | | 4.49 | | | | | | 1,163 | | | | | | 9,986 | | | | | | 6.42 | | | | | | 2,060 | | |
Meliadine Total | | | | | | | | | | | 424 | | | | | | 4.63 | | | | | | 63 | | | | | | 12,238 | | | | | | 3.98 | | | | | | 1,566 | | | | | | 12,663 | | | | | | 4.00 | | | | | | 1,629 | | | | | | 11,120 | | | | | | 6.22 | | | | | | 2,222 | | |
|
60
|
| |
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
|
OPERATION / PROJECT
|
| |
MEASURED
|
| |
INDICATED
|
| |
MEASURED &
INDICATED |
| |
INFERRED
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
GOLD
|
| |
Mining
Method* |
| |
000
Tonnes |
| |
g/t
|
| |
000 Oz
Au |
| |
000
Tonnes |
| |
g/t
|
| |
000
Oz Au |
| |
000
Tonnes |
| |
g/t
|
| |
000
Oz Au |
| |
000
Tonnes |
| |
g/t
|
| |
000
Oz Au |
| |||||||||||||||||||||||||||||||||||||||
Hope Bay | | | | | U/G | | | | | | − | | | | | | − | | | | | | − | | | | | | 10,734 | | | | | | 3.64 | | | | | | 1,255 | | | | | | 10,734 | | | | | | 3.64 | | | | | | 1,255 | | | | | | 12,110 | | | | | | 5.41 | | | | | | 2,108 | | |
Nunavut Total | | | | | | | | | | | 424 | | | | | | 4.63 | | | | | | 63 | | | | | | 36,274 | | | | | | 3.79 | | | | | | 4,421 | | | | | | 36,699 | | | | | | 3.80 | | | | | | 4,485 | | | | | | 27,404 | | | | | | 5.62 | | | | | | 4,953 | | |
Fosterville | | | | | O/P | | | | | | 820 | | | | | | 2.81 | | | | | | 74 | | | | | | 1,771 | | | | | | 3.87 | | | | | | 220 | | | | | | 2,591 | | | | | | 3.53 | | | | | | 294 | | | | | | 326 | | | | | | 2.72 | | | | | | 29 | | |
Fosterville | | | | | U/G | | | | | | 262 | | | | | | 3.99 | | | | | | 34 | | | | | | 8,758 | | | | | | 4.20 | | | | | | 1,184 | | | | | | 9,019 | | | | | | 4.20 | | | | | | 1,218 | | | | | | 9,693 | | | | | | 4.60 | | | | | | 1,433 | | |
Fosterville Total | | | | | | | | | | | 1,082 | | | | | | 3.10 | | | | | | 108 | | | | | | 10,528 | | | | | | 4.15 | | | | | | 1,404 | | | | | | 11,610 | | | | | | 4.05 | | | | | | 1,512 | | | | | | 10,019 | | | | | | 4.54 | | | | | | 1,461 | | |
Northern Territory | | | | | O/P | | | | | | 269 | | | | | | 3.65 | | | | | | 32 | | | | | | 16,416 | | | | | | 1.42 | | | | | | 749 | | | | | | 16,685 | | | | | | 1.46 | | | | | | 781 | | | | | | 13,536 | | | | | | 1.75 | | | | | | 762 | | |
Northern Territory | | | | | U/G | | | | | | − | | | | | | − | | | | | | − | | | | | | 5,115 | | | | | | 5.39 | | | | | | 887 | | | | | | 5,115 | | | | | | 5.39 | | | | | | 887 | | | | | | 4,284 | | | | | | 4.45 | | | | | | 613 | | |
Northern Territory Total | | | | | | | | | | | 269 | | | | | | 3.65 | | | | | | 32 | | | | | | 21,531 | | | | | | 2.36 | | | | | | 1,636 | | | | | | 21,800 | | | | | | 2.38 | | | | | | 1,668 | | | | | | 17,820 | | | | | | 2.40 | | | | | | 1,376 | | |
Australia Total | | | | | | | | | | | 1,351 | | | | | | 3.21 | | | | | | 139 | | | | | | 32,059 | | | | | | 2.95 | | | | | | 3,040 | | | | | | 33,410 | | | | | | 2.96 | | | | | | 3,180 | | | | | | 27,839 | | | | | | 3.17 | | | | | | 2,837 | | |
Kittilä | | | | | O/P | | | | | | − | | | | | | − | | | | | | − | | | | | | − | | | | | | − | | | | | | − | | | | | | − | | | | | | − | | | | | | − | | | | | | 373 | | | | | | 3.89 | | | | | | 47 | | |
Kittilä | | | | | U/G | | | | | | 4,299 | | | | | | 2.91 | | | | | | 402 | | | | | | 13,632 | | | | | | 2.93 | | | | | | 1,285 | | | | | | 17,931 | | | | | | 2.93 | | | | | | 1,687 | | | | | | 6,192 | | | | | | 5.13 | | | | | | 1,020 | | |
Kittilä Total | | | | | | | | | | | 4,299 | | | | | | 2.91 | | | | | | 402 | | | | | | 13,632 | | | | | | 2.93 | | | | | | 1,285 | | | | | | 17,931 | | | | | | 2.93 | | | | | | 1,687 | | | | | | 6,565 | | | | | | 5.06 | | | | | | 1,067 | | |
Barsele | | | | | O/P | | | | | | − | | | | | | − | | | | | | − | | | | | | 3,178 | | | | | | 1.08 | | | | | | 111 | | | | | | 3,178 | | | | | | 1.08 | | | | | | 111 | | | | | | 2,260 | | | | | | 1.25 | | | | | | 91 | | |
Barsele | | | | | U/G | | | | | | − | | | | | | − | | | | | | − | | | | | | 1,158 | | | | | | 1.77 | | | | | | 66 | | | | | | 1,158 | | | | | | 1.77 | | | | | | 66 | | | | | | 13,552 | | | | | | 2.10 | | | | | | 914 | | |
Barsele Total | | | | | | | | | | | − | | | | | | − | | | | | | − | | | | | | 4,335 | | | | | | 1.27 | | | | | | 176 | | | | | | 4,335 | | | | | | 1.27 | | | | | | 176 | | | | | | 15,811 | | | | | | 1.98 | | | | | | 1,005 | | |
Europe Total | | | | | | | | | | | 4,299 | | | | | | 2.91 | | | | | | 402 | | | | | | 17,967 | | | | | | 2.53 | | | | | | 1,461 | | | | | | 22,266 | | | | | | 2.60 | | | | | | 1,863 | | | | | | 22,376 | | | | | | 2.88 | | | | | | 2,072 | | |
Pinos Altos | | | | | O/P | | | | | | − | | | | | | − | | | | | | − | | | | | | 1,266 | | | | | | 1.03 | | | | | | 42 | | | | | | 1,266 | | | | | | 1.03 | | | | | | 42 | | | | | | 445 | | | | | | 1.27 | | | | | | 18 | | |
Pinos Altos | | | | | U/G | | | | | | − | | | | | | − | | | | | | − | | | | | | 10,394 | | | | | | 1.92 | | | | | | 643 | | | | | | 10,394 | | | | | | 1.92 | | | | | | 643 | | | | | | 1,431 | | | | | | 1.87 | | | | | | 86 | | |
Pinos Altos Total | | | | | | | | | | | − | | | | | | − | | | | | | − | | | | | | 11,659 | | | | | | 1.83 | | | | | | 685 | | | | | | 11,659 | | | | | | 1.83 | | | | | | 685 | | | | | | 1,876 | | | | | | 1.73 | | | | | | 104 | | |
La India | | | | | O/P | | | | | | 4,478 | | | | | | 0.52 | | | | | | 74 | | | | | | 814 | | | | | | 0.54 | | | | | | 14 | | | | | | 5,292 | | | | | | 0.52 | | | | | | 88 | | | | | | 66 | | | | | | 0.40 | | | | | | 1 | | |
San Nicolás (50%) | | | | | O/P | | | | | | 261 | | | | | | 0.08 | | | | | | 1 | | | | | | 3,037 | | | | | | 0.20 | | | | | | 19 | | | | | | 3,297 | | | | | | 0.19 | | | | | | 20 | | | | | | 2,468 | | | | | | 0.13 | | | | | | 10 | | |
Tarachi | | | | | O/P | | | | | | − | | | | | | − | | | | | | − | | | | | | 19,290 | | | | | | 0.58 | | | | | | 361 | | | | | | 19,290 | | | | | | 0.58 | | | | | | 361 | | | | | | 242 | | | | | | 0.52 | | | | | | 4 | | |
Chipriona | | | | | O/P | | | | | | − | | | | | | − | | | | | | − | | | | | | 10,983 | | | | | | 0.92 | | | | | | 326 | | | | | | 10,983 | | | | | | 0.92 | | | | | | 326 | | | | | | 976 | | | | | | 0.66 | | | | | | 21 | | |
El Barqueño Gold | | | | | O/P | | | | | | − | | | | | | − | | | | | | − | | | | | | 8,834 | | | | | | 1.16 | | | | | | 331 | | | | | | 8,834 | | | | | | 1.16 | | | | | | 331 | | | | | | 9,628 | | | | | | 1.13 | | | | | | 351 | | |
Santa Gertrudis | | | | | O/P | | | | | | − | | | | | | − | | | | | | − | | | | | | 19,267 | | | | | | 0.91 | | | | | | 563 | | | | | | 19,267 | | | | | | 0.91 | | | | | | 563 | | | | | | 9,819 | | | | | | 1.36 | | | | | | 429 | | |
Santa Gertrudis | | | | | U/G | | | | | | − | | | | | | − | | | | | | − | | | | | | − | | | | | | − | | | | | | − | | | | | | − | | | | | | − | | | | | | − | | | | | | 9,079 | | | | | | 3.44 | | | | | | 1,004 | | |
Santa Gertrudis Total | | | | | | | | | | | − | | | | | | − | | | | | | − | | | | | | 19,267 | | | | | | 0.91 | | | | | | 563 | | | | | | 19,267 | | | | | | 0.91 | | | | | | 563 | | | | | | 18,898 | | | | | | 2.36 | | | | | | 1,433 | | |
Total Mexico | | | | | | | | | | | 4,739 | | | | | | 0.49 | | | | | | 75 | | | | | | 73,884 | | | | | | 0.97 | | | | | | 2,299 | | | | | | 78,623 | | | | | | 0.94 | | | | | | 2,373 | | | | | | 34,154 | | | | | | 1.75 | | | | | | 1,923 | | |
Total Gold | | | | | | | | | | | 107,161 | | | | | | 1.32 | | | | | | 4,558 | | | | | | 1,081,412 | | | | | | 1.13 | | | | | | 39,423 | | | | | | 1,188,573 | | | | | | 1.15 | | | | | | 43,981 | | | | | | 410,990 | | | | | | 2.50 | | | | | | 33,080 | | |
|
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
| |
61
|
|
OPERATION / PROJECT
|
| |
MEASURED
|
| |
INDICATED
|
| |
MEASURED &
INDICATED |
| |
INFERRED
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
SILVER
|
| |
Mining
Method* |
| |
000
Tonnes |
| |
g/t
|
| |
000 Oz
Ag |
| |
000
Tonnes |
| |
g/t
|
| |
000 Oz
Ag |
| |
000
Tonnes |
| |
g/t
|
| |
000 Oz
Ag |
| |
000
Tonnes |
| |
g/t
|
| |
000 Oz
Ag |
| |||||||||||||||||||||||||||||||||||||||
LaRonde | | | | | U/G | | | | | | − | | | | | | − | | | | | | − | | | | | | 6,424 | | | | | | 11.98 | | | | | | 2,474 | | | | | | 6,424 | | | | | | 11.98 | | | | | | 2,474 | | | | | | 1,569 | | | | | | 12.25 | | | | | | 618 | | |
Pinos Altos | | | | | O/P | | | | | | − | | | | | | − | | | | | | − | | | | | | 1,266 | | | | | | 21.60 | | | | | | 879 | | | | | | 1,266 | | | | | | 21.6 | | | | | | 879 | | | | | | 445 | | | | | | 31.74 | | | | | | 454 | | |
Pinos Altos | | | | | U/G | | | | | | − | | | | | | − | | | | | | − | | | | | | 10,394 | | | | | | 50.99 | | | | | | 17,040 | | | | | | 10,394 | | | | | | 50.99 | | | | | | 17,040 | | | | | | 1,431 | | | | | | 36.19 | | | | | | 1,665 | | |
Pinos Altos Total | | | | | | | | | | | − | | | | | | − | | | | | | − | | | | | | 11,659 | | | | | | 47.80 | | | | | | 17,919 | | | | | | 11,659 | | | | | | 47.8 | | | | | | 17,919 | | | | | | 1,876 | | | | | | 35.13 | | | | | | 2,120 | | |
La India | | | | | O/P | | | | | | 4,478 | | | | | | 2.72 | | | | | | 391 | | | | | | 814 | | | | | | 2.61 | | | | | | 68 | | | | | | 5,292 | | | | | | 2.7 | | | | | | 460 | | | | | | 66 | | | | | | 2.18 | | | | | | 5 | | |
San Nicolás (50%) | | | | | O/P | | | | | | 261 | | | | | | 6.40 | | | | | | 54 | | | | | | 3,037 | | | | | | 11.86 | | | | | | 1,158 | | | | | | 3,297 | | | | | | 11.43 | | | | | | 1,211 | | | | | | 2,468 | | | | | | 9.26 | | | | | | 735 | | |
Chipriona | | | | | O/P | | | | | | − | | | | | | − | | | | | | − | | | | | | 10,983 | | | | | | 100.72 | | | | | | 35,566 | | | | | | 10,983 | | | | | | 100.72 | | | | | | 35,566 | | | | | | 976 | | | | | | 86.77 | | | | | | 2,722 | | |
El Barqueño Silver | | | | | O/P | | | | | | − | | | | | | − | | | | | | − | | | | | | − | | | | | | − | | | | | | − | | | | | | − | | | | | | − | | | | | | − | | | | | | 4,393 | | | | | | 124.06 | | | | | | 17,523 | | |
El Barqueño Gold | | | | | O/P | | | | | | − | | | | | | − | | | | | | − | | | | | | 8,834 | | | | | | 4.73 | | | | | | 1,343 | | | | | | 8,834 | | | | | | 4.73 | | | | | | 1,343 | | | | | | 9,628 | | | | | | 16.86 | | | | | | 5,218 | | |
Santa Gertrudis | | | | | O/P | | | | | | − | | | | | | − | | | | | | − | | | | | | 19,267 | | | | | | 3.66 | | | | | | 2,269 | | | | | | 19,267 | | | | | | 3.66 | | | | | | 2,269 | | | | | | 9,819 | | | | | | 1.85 | | | | | | 585 | | |
Santa Gertrudis | | | | | U/G | | | | | | − | | | | | | − | | | | | | − | | | | | | − | | | | | | − | | | | | | − | | | | | | − | | | | | | − | | | | | | − | | | | | | 9,079 | | | | | | 23.31 | | | | | | 6,803 | | |
Santa Gertrudis Total | | | | | | | | | | | − | | | | | | − | | | | | | − | | | | | | 19,267 | | | | | | 3.66 | | | | | | 2,269 | | | | | | 19,267 | | | | | | 3.66 | | | | | | 2,269 | | | | | | 18,898 | | | | | | 12.16 | | | | | | 7,389 | | |
Total Silver | | | | | | | | | | | 4,739 | | | | | | 2.92 | | | | | | 445 | | | | | | 61,018 | | | | | | 30.99 | | | | | | 60,796 | | | | | | 65,757 | | | | | | 28.97 | | | | | | 61,240 | | | | | | 39,874 | | | | | | 28.34 | | | | | | 36,328 | | |
| | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
COPPER | | | | |
Mining Method* |
| | | | |
000 Tonnes |
| | | | | % | | | |
Tonnes
Cu |
| | | |
000 Tonnes |
| | | | | % | | | | | |
Tonnes Cu |
| | | | |
000 Tonnes |
| | | | | % | | | | | |
Tonnes Cu |
| | | | |
000 Tonnes |
| | | | | % | | | | | |
Tonnes Cu |
| | |||
LaRonde | | | | | U/G | | | | | | − | | | | | | − | | | | | | − | | | | | | 6,424 | | | | | | 0.13 | | | | | | 8,613 | | | | | | 6,424 | | | | | | 0.13 | | | | | | 8,613 | | | | | | 1,569 | | | | | | 0.28 | | | | | | 4,371 | | |
Akasaba West | | | | | O/P | | | | | | − | | | | | | − | | | | | | − | | | | | | 4,044 | | | | | | 0.43 | | | | | | 17,270 | | | | | | 4,044 | | | | | | 0.43 | | | | | | 17,270 | | | | | | − | | | | | | − | | | | | | − | | |
Upper Beaver | | | | | U/G | | | | | | − | | | | | | − | | | | | | − | | | | | | 3,636 | | | | | | 0.14 | | | | | | 5,135 | | | | | | 3,636 | | | | | | 0.14 | | | | | | 5,135 | | | | | | 8,688 | | | | | | 0.20 | | | | | | 17,284 | | |
San Nicolás (50%) | | | | | O/P | | | | | | 261 | | | | | | 1.35 | | | | | | 3,526 | | | | | | 3,037 | | | | | | 1.17 | | | | | | 35,489 | | | | | | 3,297 | | | | | | 1.18 | | | | | | 39,015 | | | | | | 2,468 | | | | | | 0.94 | | | | | | 23,144 | | |
Chipriona | | | | | O/P | | | | | | − | | | | | | − | | | | | | − | | | | | | 10,983 | | | | | | 0.16 | | | | | | 17,291 | | | | | | 10,983 | | | | | | 0.16 | | | | | | 17,291 | | | | | | 976 | | | | | | 0.12 | | | | | | 1,174 | | |
El Barqueño Gold | | | | | O/P | | | | | | − | | | | | | − | | | | | | − | | | | | | 8,834 | | | | | | 0.19 | | | | | | 16,400 | | | | | | 8,834 | | | | | | 0.19 | | | | | | 16,400 | | | | | | 9,628 | | | | | | 0.22 | | | | | | 21,152 | | |
El Barqueño Silver | | | | | O/P | | | | | | − | | | | | | − | | | | | | − | | | | | | − | | | | | | − | | | | | | − | | | | | | − | | | | | | − | | | | | | − | | | | | | 4,393 | | | | | | 0.04 | | | | | | 1,854 | | |
Total Copper | | | | | | | | | | | 261 | | | | | | 1.35 | | | | | | 3,526 | | | | | | 36,958 | | | | | | 0.27 | | | | | | 100,198 | | | | | | 37,218 | | | | | | 0.28 | | | | | | 103,724 | | | | | | 27,721 | | | | | | 0.25 | | | | | | 68,980 | | |
| | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ZINC | | | | |
Mining Method* |
| | | | |
000 Tonnes |
| | | | | % | | | | | |
Tonnes Zn |
| | | | |
000 Tonnes |
| | | | | % | | | |
Tonnes
Zn |
| | | |
000 Tonnes |
| | | | | % | | | | | |
Tonnes Zn |
| | | | |
000 Tonnes |
| | | | | % | | | | | |
Tonnes Zn |
| | |||
LaRonde | | | | | U/G | | | | | | − | | | | | | − | | | | | | − | | | | | | 6,424 | | | | | | 0.74 | | | | | | 47,404 | | | | | | 6,424 | | | | | | 0.74 | | | | | | 47,404 | | | | | | 1,569 | | | | | | 0.36 | | | | | | 5,600 | | |
San Nicolás (50%) | | | | | O/P | | | | | | 261 | | | | | | 0.39 | | | | | | 1,012 | | | | | | 3,037 | | | | | | 0.71 | | | | | | 21,618 | | | | | | 3,297 | | | | | | 0.69 | | | | | | 22,630 | | | | | | 2,468 | | | | | | 0.62 | | | | | | 15,355 | | |
Chipriona | | | | | O/P | | | | | | − | | | | | | − | | | | | | − | | | | | | 10,983 | | | | | | 0.83 | | | | | | 91,637 | | | | | | 10,983 | | | | | | 0.83 | | | | | | 91,637 | | | | | | 976 | | | | | | 0.73 | | | | | | 7,073 | | |
Total Zinc | | | | | | | | | | | 261 | | | | | | 0.39 | | | | | | 1,012 | | | | | | 20,444 | | | | | | 0.79 | | | | | | 160,659 | | | | | | 20,704 | | | | | | 0.78 | | | | | | 161,671 | | | | | | 5,012 | | | | | | 0.56 | | | | | | 28,029 | | |
|
62
|
| |
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
|
|
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
| |
63
|
|
| | |
As at December 31,
|
| |||
| | |
2023
|
| |||
Gold | | | | | | | |
Proven mineral reserves – tonnes
|
| | | | 2,342,000 | | |
Average grade – gold grams per tonne
|
| | | | 4.98 | | |
Probable mineral reserves – tonnes
|
| | | | 8,568,000 | | |
Average grade – gold grams per tonne
|
| | | | 6.79 | | |
Total proven and probable mineral reserves – tonnes | | | | | 10,910,000 | | |
Average grade – gold grams per tonne | | | | | 6.40 | | |
Total contained gold ounces | | | | | 2,244,000 | | |
| | |
Proven
|
| |
Probable
|
| |
Total
|
| |||||||||
December 31, 2022 – thousand tonnes | | | |
|
2,809
|
| | | |
|
9,497
|
| | | |
|
12,306
|
| |
Processed in 2023 – thousand tonnes | | | | | (1,501) | | | | | | − | | | | | | (1,501) | | |
Revision – thousand tonnes | | | | | 1,034 | | | | | | (929) | | | | | | 105 | | |
December 31, 2023 – thousand tonnes | | | | | 2,342 | | | | | | 8,568 | | | | | | 10,910 | | |
|
64
|
| |
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
|
| | |
As at December 31,
|
| |||
| | |
2023
|
| |||
Gold | | | | | | | |
Proven mineral reserves – tonnes
|
| | | | 4,450,000 | | |
Average grade – gold grams per tonne
|
| | | | 2.11 | | |
Probable mineral reserves – tonnes
|
| | | | 4,523,000 | | |
Average grade – gold grams per tonne
|
| | | | 2.30 | | |
Total proven and probable mineral reserves – tonnes | | | | | 8,972,000 | | |
Average grade – gold grams per tonne | | | | | 2.20 | | |
Total contained gold ounces | | | | | 636,000 | | |
| | |
Proven
|
| |
Probable
|
| |
Total
|
| |||||||||
December 31, 2022 – thousand tonnes | | | |
|
4,904
|
| | | |
|
5,490
|
| | | |
|
10,394
|
| |
Processed in 2023 – thousand tonnes | | | | | (1,157) | | | | | | − | | | | | | (1,157) | | |
Revision – thousand tonnes | | | | | 703 | | | | | | (967) | | | | | | (264) | | |
December 31, 2023 – thousand tonnes | | | | | 4,450 | | | | | | 4,523 | | | | | | 8,972 | | |
|
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
| |
65
|
|
| | |
As at December 31,
|
| |||
| | |
2023
|
| |||
Gold | | | | | | | |
Proven mineral reserves – tonnes
|
| | | | 45,491,000 | | |
Average grade – gold grams per tonne
|
| | | | 0.58 | | |
Probable mineral reserves – tonnes
|
| | | | 96,760,000 | | |
Average grade – gold grams per tonne
|
| | | | 2.27 | | |
Total proven and probable mineral reserves – tonnes | | | | | 142,251,000 | | |
Average grade – gold grams per tonne | | | | | 1.73 | | |
Total contained gold ounces | | | | | 7,919,000 | | |
| | |
Proven
|
| |
Probable
|
| |
Total
|
| |||||||||
December 31, 2022 – thousand tonnes | | | | | 25,802 | | | | | | 27,564 | | | | | | 53,366 | | |
Processed in 2023 – thousand tonnes | | | | | (17,333) | | | | | | − | | | | | | (17,333) | | |
Revision – thousand tonnes | | | | | 37,022 | | | | | | 69,196 | | | | | | 106,218 | | |
December 31, 2023 – thousand tonnes | | | | | 45,491 | | | | | | 96,760 | | | | | | 142,251 | | |
|
66
|
| |
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
|
| | |
As at December 31,
|
| |||
| | |
2023
|
| |||
Gold | | | | | | | |
Proven mineral reserves – tonnes
|
| | | | 3,059,000 | | |
Average grade – gold grams per tonne
|
| | | | 1.65 | | |
Probable mineral reserves – tonnes
|
| | | | 12,298,000 | | |
Average grade – gold grams per tonne
|
| | | | 4.23 | | |
Total proven and probable mineral reserves – tonnes | | | | | 15,357,000 | | |
Average grade – gold grams per tonne | | | | | 3.72 | | |
Total contained gold ounces | | | | | 1,837,000 | | |
| | |
Proven
|
| |
Probable
|
| |
Total
|
| |||||||||
December 31, 2022 – thousand tonnes | | | |
|
1,892
|
| | | |
|
14,718
|
| | | |
|
16,610
|
| |
Processed in 2023 – thousand tonnes | | | | | (3,843) | | | | | | − | | | | | | (3,843) | | |
Revision – thousand tonnes | | | | | 5,010 | | | | | | (2,420) | | | | | | 2,590 | | |
December 31, 2023 – thousand tonnes | | | | | 3,059 | | | | | | 12,298 | | | | | | 15,357 | | |
|
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
| |
67
|
|
| | |
As at December 31,
|
| |||
| | |
2023
|
| |||
Gold | | | | | | | |
Proven mineral reserves – tonnes
|
| | | | 1,780,000 | | |
Average grade – gold grams per tonne
|
| | | | 7.08 | | |
Probable mineral reserves – tonnes
|
| | | | 16,478,000 | | |
Average grade – gold grams per tonne
|
| | | | 5.78 | | |
Total proven and probable mineral reserves – tonnes | | | | | 18,258,000 | | |
Average grade – gold grams per tonne | | | | | 5.91 | | |
Total contained gold ounces | | | | | 3,467,000 | | |
| | |
Proven
|
| |
Probable
|
| |
Total
|
| |||||||||
December 31, 2022 – thousand tonnes | | | |
|
1,015
|
| | | |
|
18,449
|
| | | |
|
19,464
|
| |
Processed in 2023 – thousand tonnes | | | | | (1,918) | | | | | | − | | | | | | (1,918) | | |
Revision – thousand tonnes | | | | | 2,683 | | | | | | (1,971) | | | | | | 712 | | |
December 31, 2023 – thousand tonnes | | | | | 1,780 | | | | | | 16,478 | | | | | | 18,258 | | |
|
68
|
| |
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
|
| | |
As at December 31,
|
| |||
| | |
2023
|
| |||
Gold | | | | | | | |
Proven mineral reserves – tonnes
|
| | | | 118,703,000 | | |
Average grade – gold grams per tonne
|
| | | | 0.85 | | |
Probable mineral reserves – tonnes
|
| | | | 700,346,000 | | |
Average grade – gold grams per tonne
|
| | | | 0.74 | | |
Total proven and probable mineral reserves – tonnes | | | | | 819,049,000 | | |
Average grade – gold grams per tonne | | | | | 0.76 | | |
Total contained gold ounces | | | | | 19,928,000 | | |
| | |
Proven
|
| |
Probable
|
| |
Total
|
| |||||||||
December 31, 2022 – thousand tonnes | | | |
|
107,622
|
| | | |
|
742,795
|
| | | |
|
850,417
|
| |
Processed in 2023 – thousand tonnes | | | | | (25,435) | | | | | | − | | | | | | (25,435) | | |
Revision – thousand tonnes | | | | | 36,519 | | | | | | (42,449) | | | | | | (5,933) | | |
December 31, 2023 – thousand tonnes | | | | | 118,703 | | | | | | 700,346 | | | | | | 819,049 | | |
|
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
| |
69
|
|
|
70
|
| |
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
|
|
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
| |
71
|
|
|
72
|
| |
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
|
|
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
| |
73
|
|
|
74
|
| |
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
|
| | |
2024
(to March 18) |
| |
2023
|
| |
2022
|
| |
2021
|
| |
2020
|
| |
2019
|
| ||||||||||||||||||
High price ($ per ounce) | | | | | 2,180 | | | | | | 2,078 | | | | | | 2,039 | | | | | | 1,943 | | | | | | 2,067 | | | | | | 1,546 | | |
Low price ($ per ounce) | | | | | 1,985 | | | | | | 1,811 | | | | | | 1,629 | | | | | | 1,684 | | | | | | 1,474 | | | | | | 1,270 | | |
Average price ($ per ounce) | | | | | 2,054 | | | | | | 1,941 | | | | | | 1,800 | | | | | | 1,799 | | | | | | 1,770 | | | | | | 1,393 | | |
Operations(1)
|
| |
Percentage of Gold
Production % |
| |
Percentage of Company’s
operating margin % |
| ||||||
LaRonde Complex | | | | | 9 | | | | | | 9 | | |
Canadian Malartic Complex | | | | | 18 | | | | | | 18 | | |
Meliadine mine | | | | | 11 | | | | | | 10 | | |
Meadowbank Complex | | | | | 13 | | | | | | 9 | | |
Detour Lake mine | | | | | 20 | | | | | | 22 | | |
|
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
| |
75
|
|
|
76
|
| |
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
|
|
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
| |
77
|
|
|
78
|
| |
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
|
|
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
| |
79
|
|
|
80
|
| |
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
|
|
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
| |
81
|
|
|
82
|
| |
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
|
|
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
| |
83
|
|
|
84
|
| |
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
|
|
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
| |
85
|
|
|
86
|
| |
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
|
|
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
| |
87
|
|
|
88
|
| |
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
|
|
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
| |
89
|
|
|
90
|
| |
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
|
|
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
| |
91
|
|
|
92
|
| |
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
|
|
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
| |
93
|
|
| | |
TSX
|
| |
NYSE
|
| ||||||||||||||||||||||||||||||
| | |
High
(C$) |
| |
Low
(C$) |
| |
Average
Daily Volume |
| |
High
($) |
| |
Low
($) |
| |
Average
Daily Volume |
| ||||||||||||||||||
2023 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
January | | | | | 77.52 | | | | | | 73.06 | | | | | | 1,843,904 | | | | | | 57.91 | | | | | | 53.56 | | | | | | 2,702,339 | | |
February | | | | | 76.00 | | | | | | 61.47 | | | | | | 3,170,326 | | | | | | 57.20 | | | | | | 45.39 | | | | | | 3,289,355 | | |
March | | | | | 71.04 | | | | | | 61.79 | | | | | | 3,196,174 | | | | | | 52.24 | | | | | | 44.77 | | | | | | 3,372,330 | | |
April | | | | | 79.06 | | | | | | 70.54 | | | | | | 2,431,814 | | | | | | 59.28 | | | | | | 52.53 | | | | | | 3,062,306 | | |
May | | | | | 81.75 | | | | | | 68.31 | | | | | | 2,004,747 | | | | | | 60.40 | | | | | | 50.26 | | | | | | 2,827,755 | | |
June | | | | | 70.37 | | | | | | 64.23 | | | | | | 1,796,960 | | | | | | 52.35 | | | | | | 48.48 | | | | | | 2,262,601 | | |
July | | | | | 70.87 | | | | | | 64.26 | | | | | | 1,629,662 | | | | | | 53.84 | | | | | | 48.21 | | | | | | 2,025,666 | | |
August | | | | | 67.26 | | | | | | 62.17 | | | | | | 1,847,763 | | | | | | 50.61 | | | | | | 45.93 | | | | | | 1,965,533 | | |
September | | | | | 67.68 | | | | | | 61.03 | | | | | | 2,259,623 | | | | | | 50.24 | | | | | | 45.18 | | | | | | 2,328,041 | | |
October | | | | | 68.31 | | | | | | 59.62 | | | | | | 1,780,046 | | | | | | 49.80 | | | | | | 43.39 | | | | | | 2,943,474 | | |
November | | | | | 72.85 | | | | | | 64.40 | | | | | | 1,919,279 | | | | | | 53.70 | | | | | | 46.67 | | | | | | 2,641,808 | | |
December | | | | | 74.02 | | | | | | 68.37 | | | | | | 2,306,206 | | | | | | 56.04 | | | | | | 50.30 | | | | | | 2,805,482 | | |
2024 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
January | | | | | 72.05 | | | | | | 66.08 | | | | | | 1,613,200 | | | | | | 54.05 | | | | | | 48.95 | | | | | | 2,595,363 | | |
February | | | | | 67.76 | | | | | | 61.03 | | | | | | 2,435,197 | | | | | | 50.61 | | | | | | 44.98 | | | | | | 3,358,863 | | |
March (to March 18) | | | | | 75.78 | | | | | | 67.28 | | | | | | 3,089,496 | | | | | | 56.22 | | | | | | 49.62 | | | | | | 3,865,154 | | |
|
94
|
| |
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
|
|
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
| |
95
|
|
|
96
|
| |
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
|
|
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
| |
97
|
|
|
98
|
| |
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
|
|
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
| |
99
|
|
| | |
Year Ended
December 31 |
| |||||||||
| | |
2023
|
| |
2022
|
| ||||||
| | |
(C$ thousands)
|
| |||||||||
Audit fees | | | | | 7,866 | | | | | | 5,892 | | |
Audit-related fees(1) | | | | | 262 | | | | | | 442 | | |
Tax fees(2) | | | | | 549 | | | | | | 864 | | |
All other fees(3) | | | | | 52 | | | | | | 455 | | |
Total(4) | | | |
|
8,729
|
| | | |
|
7,653
|
| |
|
100
|
| |
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
|
|
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
| |
101
|
|
|
102
|
| |
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
|
|
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
| |
103
|
|
|
104
|
| |
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
|
|
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
| |
A-1
|
|
|
A-2
|
| |
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
|
|
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
| |
A-3
|
|
|
A-4
|
| |
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
|
|
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
| |
A-5
|
|
|
“alteration”
|
| |
Any physical or chemical change in the mineral composition of a rock subsequent to its formation, generally produced by weathering or hydrothermal solutions. Milder and more localized than metamorphism.
|
|
|
“anastomosing”
|
| | A network of branching and rejoining fault or vein surfaces or surface traces. | |
|
“assay”
|
| |
To analyze the proportions of metals in an ore; to test an ore or mineral for composition, purity, weight or other properties of commercial interest.
|
|
|
“brecciated”
|
| |
A rock in which angular rock fragments are surrounded by a mass of fine-grained minerals.
|
|
|
“brittle”
|
| |
Of minerals, proneness to fracture under low stress. A quality affecting behaviour during comminution of ore, whereby one species fractures more readily than others in the material being crushed.
|
|
|
“by-product”
|
| | A secondary metal or mineral product recovered from the processing of rock. | |
|
“carbon-in-leach” or “CIL”
|
| |
A precious metals recovery step in the mill. Gold and silver are leached from the ground ore and at the same time adsorbed onto granules of activated carbon, which is then separated by screening and processed to remove the precious metals.
|
|
|
“carbon-in-pulp” or “CIP”
|
| |
A precious metals recovery step in the mill. After gold and silver have been leached from ground ore, they are adsorbed onto granules of activated carbon, which is then separated by screening and processed to remove the precious metals. A CIP circuit comprises a series of tanks through which leached slurry flows. Gold is captured onto captive activated carbon that will periodically be moved counter- currently from tank to tank. Head tank carbon is extracted periodically to further recover adsorbed gold before being returned to the circuit tails tank.
|
|
|
“chalcopyrite”
|
| | A sulphide mineral of copper and iron. | |
|
“concentrate”
|
| | The clean product recovered by froth flotation in the plant. | |
|
“conglomerate”
|
| |
A coarse-grained sedimentary rock composed of rounded fragments set in a fine- grained cemented matrix.
|
|
|
“contact”
|
| | A plane or irregular surface between two types or ages of rock. | |
|
“crosscut”
|
| |
An underground passage driven from a shaft, ramp or drift towards the ore, at (or near) right angles to the strike of a vein or other orebody.
|
|
|
“cut-off grade”
|
| | The minimum metal grade in an ore that can be mined economically. | |
|
“cyanidation”
|
| |
A method of extracting exposed gold or silver grains from crushed or ground ore by dissolving (leaching) it in a weak cyanide solution. May be carried out in tanks inside a mill or in heaps of ore out of doors (heap leach).
|
|
|
“deposit”
|
| |
A natural occurrence of mineral or mineral aggregate, in such quantity and quality to invite exploitation.
|
|
|
“development”
|
| |
The preparation of a mining property or area so that an orebody can be analyzed and its tonnage and quality estimated. Development is an intermediate stage between exploration and mining.
|
|
|
“diamond drill”
|
| |
A drilling machine with a rotating, hollow, diamond-studded bit that cuts a circular channel around a core, which can be recovered to provide a more-or-less continuous and complete columnar sample of the rock penetrated.
|
|
|
“dike”
|
| |
An earthen embankment, as around a drill sump or tank, or to impound a body of water or mill tailings. Also, a tabular body of igneous rock that cuts across the structure of adjacent rocks.
|
|
|
B-1
|
| |
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
|
|
“dilution”
|
| |
The contamination of ore with barren wall rock in stoping, increasing tonnage mined and lowering the overall ore grade.
|
|
|
“dip”
|
| |
The angle at which a vein, structure or rock bed is inclined from the horizontal as measured at right angles to the strike.
|
|
|
“disseminated”
|
| |
Said of a mineral deposit (especially of metals) in which the desired minerals occur as scattered particles in the rock, but in sufficient quantity to make the deposit an ore. Some disseminated deposits are very large.
|
|
|
“dore”
|
| |
Unrefined gold and silver bullion bars, which will be further refined to almost pure metal.
|
|
|
“drift”
|
| |
A horizontal opening in or near an orebody and parallel to the long dimension of the orebody, as opposed to a crosscut that crosses the orebody.
|
|
|
“electrowinning”
|
| |
An electrochemical process in which a metal dissolved within an electrolyte is plated onto an electrode. Used to recover metals such as copper and gold from solution in the leaching of concentrates.
|
|
|
“envelope”
|
| |
1.
The outer or covering part of a fold, especially of a folded structure that includes some sort of structural break.
2.
A metamorphic rock surrounding an igneous intrusion.
3.
In a mineral, an outer part different in origin from an inner part.
|
|
|
“fault”
|
| |
A fracture or a fracture zone in crustal rocks along which there has been displacement of the two sides relative to one another parallel to the fracture. The displacement may be a few inches or many kilometres long.
|
|
|
“feasibility study”
|
| |
A comprehensive technical and economic study of the selected development option for a mineral project that includes appropriately detailed assessments of realistically assumed mining, processing, metallurgical, economic, marketing, legal, environmental, social and governmental considerations, together with any other relevant operational factors and a detailed financial analysis, that are necessary to demonstrate at the time of reporting that extraction is reasonably justified (economically mineable). The results of the study may reasonably serve as the basis for a final decision by a proponent or financial institution to proceed with, or finance, the development of the project. The confidence level of the study will be higher than that of a pre-feasibility study.
|
|
|
“felsic”
|
| |
A term used to describe light-coloured rocks containing feldspar, feldspathoids and silica.
|
|
|
“flotation”
|
| |
The method of mineral separation in which a froth created by a variety of reagents floats some finely crushed minerals, whereas other minerals sink. The metal-rich flotation concentrate is then skimmed off the surface.
|
|
|
“foliation”
|
| |
A general term for a planar arrangement of features in any type of rock, especially the planar structure that results in a metamorphic rock.
|
|
|
“footwall”
|
| | The rock beneath an inclined vein or ore deposit (opposite of a hanging wall). | |
|
“fracture”
|
| |
Any break in a rock, whether or not it causes displacement, due to mechanical failure by stress; includes cracks, joints and faults.
|
|
|
“free gold”
|
| | Gold not combined with other substances. | |
|
“grade”
|
| |
The relative quantity or the percentage of metal content of an orebody (e.g., grams of gold per tonne of rock or percent copper).
|
|
|
“greenstone belt”
|
| |
An area underlain by metamorphosed volcanic and sedimentary rocks, usually in a continental shield.
|
|
|
“hanging wall”
|
| | The rock on the upper side of a vein or ore deposit. | |
|
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
| |
B-2
|
|
|
“igneous rock”
|
| |
Rock formed by the solidification of molten material that originated within the Earth.
|
|
|
“indicated mineral resource”
|
| |
That part of a mineral resource for which quantity, grade or quality, densities, shape and physical characteristics can be estimated with a level of confidence sufficient to allow the appropriate application of technical and economic parameters to support mine planning and evaluation of the economic viability of the deposit. The estimate is based on detailed and reliable exploration and testing information gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes that are spaced closely enough for geological and grade continuity to be reasonably assumed.
While this term is recognized and required by Canadian regulations, the SEC does not recognize it. Investors are cautioned not to assume that any part or all of the mineral deposits in this category will ever be converted into mineral reserves.
|
|
|
“inferred mineral resource”
|
| |
That part of a mineral resource for which quantity and grade or quality can be estimated on the basis of geological evidence and limited sampling and reasonably assumed, but not verified, geological and grade continuity. The estimate is based on limited information and sampling gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes.
While this term is recognized and required by Canadian regulations, the SEC does not recognize it. Investors are cautioned not to assume that any part or all of the mineral deposits in this category will ever be upgraded to a higher category. Investors are cautioned not to assume that part of or all of an inferred mineral resource exists, or is economically or legally mineable.
|
|
|
“intrusive”
|
| |
A body of igneous rock formed by the consolidation of magma intruded below surface into other rocks, in contrast to lava, which is extruded upon the Earth’s surface.
|
|
|
“iron formation”
|
| |
A chemical sedimentary rock, typically thin-bedded or finely laminated, containing at least 15% iron of sedimentary origin and commonly containing layers of chert.
|
|
|
“leaching”
|
| |
A chemical process for the extraction of valuable minerals from ore; also, a natural process by which ground waters dissolve minerals.
|
|
|
“lens”
|
| |
A geological deposit that is thick in the middle and tapers towards the ends, resembling a convex lens.
|
|
|
“lode”
|
| | A mineral deposit consisting of a zone of veins, veinlets or disseminations. | |
|
“longitudinal retreat”
|
| |
An underground mining method where the ore is excavated in horizontal slices along the orebody and the stoping starts below and advances upwards. The ore is recovered underneath in the stope.
|
|
|
“mafic”
|
| |
Igneous rocks composed mostly of dark, iron- and magnesium-rich silicate minerals.
|
|
|
“massive”
|
| |
Said of a mineral deposit, especially of sulphides, characterized by a great concentration of ore in one place, as opposed to a disseminated or vein-like deposit. Said of any rock that has a homogeneous texture or fabric over a large area, with an absence of layering or any similar directional structure.
|
|
|
“matrix”
|
| | The fine-grained rock material in which a larger mineral is embedded. | |
|
B-3
|
| |
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
|
|
“measured mineral resource”
|
| |
That part of a mineral resource for which quantity, grade or quality, densities, shape and physical characteristics are so well established that they can be estimated with confidence sufficient to allow the appropriate application of technical and economic parameters to support production planning and evaluation of the economic viability of the deposit. The estimate is based on detailed and reliable exploration, sampling and testing information gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes that are spaced closely enough to confirm both geological and grade continuity.
While this term is recognized and required by Canadian regulations, the SEC does not recognize it. Investors are cautioned not to assume that any part or all of the mineral deposits in this category will ever be converted into mineral reserves.
|
|
|
“metamorphism”
|
| |
The process by which the form or structure of sedimentary or igneous rocks is changed by heat and pressure.
|
|
|
“mill”
|
| |
A mineral treatment plant in which crushing, wet grinding and further treatment of ore is conducted; also a revolving drum used for the grinding of ore in preparation for treatment.
|
|
|
“mineral reserve”
|
| |
The economically mineable part of a measured or indicated mineral resource demonstrated by at least a preliminary feasibility study. This study must include adequate information on mining, processing, metallurgical, economic and other relevant factors that demonstrate, at the time of reporting, that economic extraction can be justified. A mineral reserve includes diluting materials and allowances for losses that may occur when the material is mined.
|
|
|
“mineral resource”
|
| |
A concentration or occurrence of diamonds, natural solid inorganic material or natural solid fossilized organic material including base and precious metals, coal and industrial minerals in or on the Earth’s crust in such form and quantity and of such a grade or quality that it has reasonable prospects for economic extraction. The location, quantity, grade, geological characteristics and continuity of a mineral resource are known, estimated or interpreted from specific geological evidence and knowledge. Investors are cautioned not to assume that any part or all of the mineral deposits in any category of resources will ever be converted into mineral reserves.
|
|
|
“muck”
|
| | Finely blasted rock (ore or waste) underground. | |
|
“net smelter return royalty”
|
| |
A royalty payment made by a producer of metals based on the proceeds from the sale of mineral products after deducting off-site processing and distribution costs including smelting, refining, transportation and insurance costs.
|
|
|
“ounce”
|
| |
A measurement of weight, especially used for gold, silver and platinum group metals. 1 troy ounce = 31.1035 grams.
|
|
|
“outcrop”
|
| | The part of a rock formation that appears at the surface of the Earth. | |
|
“oxidation”
|
| |
A chemical reaction caused by exposure to oxygen, which results in a change in the chemical composition of a mineral.
|
|
|
“pillarless” mining
|
| |
A mining method whereby stopes are mined sequentially which remove the usage of temporary pillars. This method is distinct from primary-secondary stope mining method.
|
|
|
“plunge”
|
| |
The inclination of a fold axis or other linear structure from a horizontal plane, measured in the vertical plane.
|
|
|
“polydeformed”
|
| |
A rock that has been subjected to more than one instance of folding, faulting, shearing, compression or extension as a result of various tectonic forces.
|
|
|
“porphyritic”
|
| |
Rock texture in which one or more minerals has a larger grain size than the accompanying minerals.
|
|
|
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
| |
B-4
|
|
|
“porphyry”
|
| |
Any igneous rock in which relatively large crystals are set in a fine-grained groundmass.
|
|
|
“preliminary feasibility study” or “pre-feasibility study”
|
| |
A comprehensive study of a range of options for the technical and economic viability of a mineral project that has advanced to a stage where a preferred mining method (in the case of underground mining) or the pit configuration (in the case of an open pit) is established, and an effective method of mineral processing is determined. It includes a financial analysis based on reasonable assumptions on mining, processing, metallurgical, economic, marketing, legal, environmental, social and governmental considerations and the evaluation of any other relevant factors which are sufficient for a qualified person, acting reasonably, to determine if all or part of the mineral resource may be classified as a mineral reserve.
|
|
|
“probable mineral reserve”
|
| |
The economically mineable part of an indicated and, in some circumstances, a measured mineral resource demonstrated by at least a preliminary feasibility study.
|
|
|
“proven mineral reserve”
|
| |
The economically mineable part of a measured mineral resource demonstrated by at least a preliminary feasibility study.
|
|
|
“pyrite”
|
| |
A yellow iron sulphide mineral, FeS2, normally of little value. It is sometimes referred to as “fool’s gold”.
|
|
|
“recovery”
|
| |
The percentage of valuable metal in the ore that is recovered by metallurgical treatment.
|
|
|
“rock burst”
|
| |
A sudden and often violent breaking of a mass of rock from the walls of a mine, caused by failure of highly stressed rock and the rapid release of accumulated strain energy.
|
|
|
“sandstone”
|
| | A sedimentary rock consisting of grains of sand cemented together. | |
|
“schist”
|
| |
A strongly foliated crystalline rock that can be readily split into thin flakes or slabs due to the well-developed parallelism of more than 50% of the minerals present in it, such as mica or hornblende.
|
|
|
“sedimentary rocks”
|
| |
Rocks resulting from the consolidation of loose sediment that has accumulated in layers. Examples are limestone, shale and sandstone.
|
|
|
“semi-autogenous grinding” or “SAG”
|
| |
A method of grinding rock whereby larger chunks of the rock itself and steel balls form the grinding media.
|
|
|
“shear” or “shearing”
|
| |
The deformation of rocks by lateral movement along innumerable parallel planes, generally resulting from pressure and producing metamorphic structures such as cleavage and schistosity.
|
|
|
“shear zone”
|
| |
A tabular zone of rock that has been crushed and brecciated by many parallel fractures due to shear stress. Such an area is often mineralized by ore-forming solutions.
|
|
|
“slurry”
|
| | Fine rock particles in circulating water in a treatment plant. | |
|
“stope”
|
| |
1.
Any excavation in a mine, other than development workings, made for the purpose of extracting ore.
2.
To excavate ore in an underground mine.
|
|
|
“strike”
|
| |
The direction, or bearing from true north, of a horizontal line on a vein or rock formation at right angles to the dip.
|
|
|
“stringers”
|
| |
Mineral veinlets or filaments occurring in a discontinuous subparallel pattern in a host rock.
|
|
|
“sulphide”
|
| |
A mineral characterized by the linkage of sulphur with a metal, such as pyrite, FeS2.
|
|
|
B-5
|
| |
AGNICO EAGLE
ANNUAL INFORMATION FORM
|
|
|
“tabular”
|
| |
Said of a feature having two dimensions that are much larger or longer than the third, such as a dike.
|
|
|
“tailings”
|
| |
Material discharged from a mill after the economically and technically recoverable valuable minerals have been extracted.
|
|
|
“tailings dam” or “tailings impoundment” or “tailings pond”
|
| |
Area closed at the lower end by a constraining wall or dam to which tailings are sent, the prime function of which is to allow enough time for metals to settle out or for cyanide to be naturally destroyed before the water is returned to the mill or discharged into the local watershed.
|
|
|
“tenement”
|
| |
The right to enter, develop and work a mineral deposit. Includes a mining claim or a mining lease. A synonym of mineral title.
|
|
|
“thickener”
|
| |
A vessel for reducing the proportion of water in a pulp by means of sedimentation.
|
|
|
“thickness”
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The distance at right angles between the hanging wall and the footwall of a lode or lens.
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“tonne”
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A metric measurement of mass. 1 tonne = 1,000 kilograms = 2,204.6 pounds = 1.1 tons.
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“transverse open stoping”
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An underground mining method in which the ore is excavated in horizontal slices perpendicular to the orebody length and the stoping starts below and advances upwards. The ore is recovered underneath the stope through a drawpoint system.
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“trench”
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A narrow excavation dug through overburden, or blasted out of rock, to expose a vein or ore structure for sampling or observation.
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“vein”
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| | A mineral filling of a fault or other fracture in a host rock. | |
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“wacke”
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A “dirty” sandstone that consists of a mixture of poorly sorted mineral and rock fragments in an abundant matrix of clay and fine silt.
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“winze”
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| | An internal mine shaft. | |
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“Zadra elution circuit”
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The process in this part of a gold mill strips gold and silver from carbon granules and puts them into solution.
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“zone”
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| | An area of distinct mineralization (i.e., a deposit). | |
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AGNICO EAGLE
ANNUAL INFORMATION FORM
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B-6
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