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I have 6 accounts 5 IRA types and 1 corporate. I buy a stock until the total of that one reaches 10,000 sshares. I reinvest the divs. I have mainly PMs and oil and gas. I also have a local stock which only trades in our community. I am restricted in that one as no one can have over 10%.
I think that we have our hands on a very good company. Thank you for the update.
TSX:AEM - Post Discussion
AGNICO EAGLE MINES LIMITED > Moody's
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Post by retiredcf on Apr 10, 2023 12:21pm
Moody's
09:07 AM EDT, 04/10/2023 (MT Newswires) --
Moody's on Friday revised the rating outlook
for Agnico Eagle Mines (AEM.TO and NYSE: AEM) to positive from stable.
The rating agency also affirmed the company's long-term issuer rating at Baa2.
"The outlook change to positive reflects the strengthening of Agnico's business profile following its acquisitions of Kirkland Lake Gold, and Yamana's interests in Canadian Malartic and Wasamac while maintaining low leverage and conservative financial policies", Jamie Koutsoukis, Moody's vice president and senior analyst, said.
The company's shares, which rose 8.1% in Canada on Thursday, slipped 0.8% in premarket
trading on Monday.
Agnico Eagle Mines and Teck Resources Ltd. (TSX: TECK.A, TECK.B and NYSE: TECK)
reported the completion of a joint venture transaction between the companies to advance
the San Nicolas copper-zinc development project.
Did you buy shares at different times, or have an order filled with more than one trade in the same day? We started with 1,000 shares about four years ago, maybe a little longer than that. We sold off shares three different times to recover our original investment each time. Currently have 317 shares with a cost basis shown of $6.565/share. That is 751.62 % gain as of late A.M. today C.D.T..
You may need to talk with your brokerage to get your questions answered?.
I have been in and out of auy, this last time was a great run and then we got the buy out.
Did you notice what price per sare you were told your aem came to you at also the paas.
The AEM for each of my accounts has a different transfer price even the 2 accounts which had th exact same number of shares.
We purchased our shares about four years ago. Have had a great return om investment.
Bob were all your auy shaes in just one account? Did you see the prices I had for 5 accounts all different even when they had the same number of shares?
did you check the price pe share you paid on the exchange? In the last week the highest price was 56.61 it hasn't neen in the 60's since last year. I need to check on the paas shares.
Has anyone else seen these prices?
Glad that you noticed. Good luck on straightening this out.
I think I got robbed in AEM shares the avg share cost I have in 5 account $84.05,, $75.51, 67.88 and 67.96 (those 2 accounts had the exact same number of shares) $68.24 that account had the most shares why a higher cost? I hav eto call Schwab something is wrong
Bob if you had AUY did you receive your AEM shares yet? I haven't.
Glad to see this completed.
AGNICO EAGLE COMPLETES ACQUISITION OF YAMANA'S CANADIAN ASSETS
March 31, 2023 - 12:09 PM
(NYSE: AEM) (TSX: AEM ) (" Agnico Eagle " or the " Company ") is pleased to announce the
successful completion of the previously announced plan ...Read More
https://www.agnicoeagle.com/English/investor-relations/news-and-events/news-releases/default.aspx
AGNICO EAGLE REPORTS THIRD QUARTER 2022 RESULTS - SOLID PRODUCTION AND COST PERFORMANCE; GUIDANCE REITERATED FOR 2022; COMMERCIAL PRODUCTION DECLARED AT AMARUQ UNDERGROUND; CONTINUED PROGRESS AT KEY DEVELOPMENT AND EXPLORATION PROJECTS
October 26, 2022
https://www.agnicoeagle.com/English/investor-relations/news-and-events/news-releases/news-release-details/2022/AGNICO-EAGLE-REPORTS-THIRD-QUARTER-2022-RESULTS---SOLID-PRODUCTION-AND-COST-PERFORMANCE-GUIDANCE-REITERATED-FOR-2022-COMMERCIAL-PRODUCTION-DECLARED-AT-AMARUQ-UNDERGROUND-CONTINUED-PROGRESS-AT-KEY-DEVELOPMENT-AND-EXPLORATION-PROJECTS/default.aspx
$370 Silver Target, Plus Major Economic Trend Forecasts Issued By Gerald Celente
October 26, 2022
https://kingworldnews.com/370-silver-target-plus-major-economic-trend-forecasts-issued-by-gerald-celente/
Aris Mining Corporation (Aris Mining) (TSX: ARIS) (OTCQX: TPRFF) Highest
Close in 2 Weeks on the ARIS;
The $3.04 close is the highest since October 13th. Maybe the jaded seller
lamenting the loss of the dividend is sold out? With the US dollar index closing
below its 50 dma today, Gold may continue higher and bring a lift to the PM sector.
There are 556,000 shares short as of October 14th (per yahoo finance), which is 3
days of average trading volume. If they were smart, the covered under $3.
We should see the 3Q earnings report next month. I am hoping for a definitive
gold production forecast for 2023 and 2024. Marmato underground operations
and the mill capacity up grade at Segovia from 1500 to 2000 tpd, are near term
drivers for the company.[/b[
by tobinator01 (sth)
Aris Mining appoints Mónica de Greiff as a member of the Board of Directors
October, 04, 2022
VANCOUVER, BC, Oct. 4, 2022 /PRNewswire/ -
Aris Mining Corporation (Aris Mining) (TSX: ARIS) (OTCQX: TPRFF) announces
that, effective October 1, 2022, Mónica de Greiff was appointed as an
independent member of the Board of Directors, and as Chair of the Sustainability
Committee of the Board.
ARIS Mining (CNW Group/Aris Mining Corporation)
Mónica de Greiff was a member of the GCM Mining board of directors from 2018 to 2020, when she left to accept the position of Colombian Ambassador to Kenya. She has held positions in both the public and private sectors, including as Minister of Justice for the Republic of Colombia and Vice Minister of Mines and Energy. Ms. de Greiff is also a former member of the Board of Directors of the United Nations Global Compact, the world's largest corporate sustainability initiative.
Ian Telfer, Chair of Aris Mining, stated "I am delighted to welcome Mónica to our Board of Directors. She brings considerable experience within Colombia and in the highly valued and important area of sustainability. We look forward to her contributions to our business as we continue to grow and enhance our commitment towards ESG."
About Aris Mining
Aris Mining is a Canadian company led by an executive team with a track record
of creating value through building globally relevant mining companies.
In Colombia, Aris Mining operates several high-grade underground mines at its
Segovia Operations and the Marmato Mine, which together produced 230,000
ounces of gold in 2021.
Aris Mining also operates the Soto Norte joint venture, where environmental
licensing is advancing to develop a new underground gold, silver and copper
mine. In Guyana, Aris Mining is advancing the Toroparu Project, a gold/copper
project with expected average gold production of 225,000 per year over the life of
mine. Aris Mining plans to pursue acquisition and other growth opportunities to unlock value creation from scale and diversification.
Aris Mining promotes the formalization of small-scale mining as this process
enables all miners to operate in a legal, safe and responsible manner that protects
them and the environment.
Additional information on Aris Mining can be found at
http://www.aris-mining.com
and www.sedar.com.
https://www.aris-mining.com/operations/operating-mines/segovia/overview/default.aspx
https://www.aris-mining.com/investors/events-and-presentations/default.aspx
https://www.aris-mining.com/news/news-details/2022/Aris-Mining-appoints-Mnica-de-Greiff-as-a-member-of-the-Board-of-Directors/default.aspx
CisionView original content to download multimedia:https://www.prnewswire.com/news-releases/aris-mining-appoints-monica-de-greiff-as-a-member-of-the-board-of-directors-301640112.html
SOURCE Aris Mining Corporation
VIEW ALL NEWS
GCM Mining Corp. (formerly Gran Colombia Gold)
(TSX: GCM / OTCQX: TPRFF)
Accretive Acquisition to Drive Valuation Higher
BUY
https://www.researchfrc.com/wp-content/uploads/2022/08/GCM-Aug-2022-Update-1.pdf?vgo_ee=TMO54WfXmKl1gA%2FTEb1O1%2FlMy%2BOWWuyaZunZiCXh6gI%3D
Current Price: C$3.35
Fair Value: C$10.09
Risk: 3
GCM Mining Corp. PowerPoint Presentation
https://s28.q4cdn.com/389315916/files/doc_downloads/2022/07/Aris-Gold-GCM-presentation-25-July-2022.pdf
$In GOD We Trust - Real Money - AU Safety 6000yrs )
https://www.kitconet.com/images/quotes_7a.gif?1493417496003
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
GOLD STANDARD; THE REAL LEGAL MONEY:
https://www.cs.mcgill.ca/~rwest/wikispeedia/wpcd/wp/g/Gold_standard.htm#:~:text=Advocates%20of%20a%20variety%20of,basis%20for%20a%20monetary%20system.
https://www.usdebtclock.org/
https://www.worldometers.info/coronavirus/country/us/
https://www.whatdoesitmean.com/index.htm
God Bless.America
We are on board for the ride.
bigone yes AEM looking good and I am O.K. hope all well with you -
AEM Extremely cheap
Headwinds of rising interest rates and strong USD this past year.
Compressed valuation. Go-to name in the sector.
No geopolitical risk. Merger added value.
Decent profile going forward. USD should come off its peaks, and
this should be good for gold and commodities.
Yield is 3.68%.
Long Dr Agnico Eagle
AGNICO EAGLE PROVIDES AN UPDATE ON YEAR-TO-DATE EXPLORATION
RESULTS: DETOUR LAKE RETURNING HIGH GRADE INTERCEPTS UP TO
2 KM AWAY FROM CURRENT OPEN PIT;
EAST GOULDIE DELIVERING SOLID INFILL CONVERSION RESULTS AND
STEP-OUT DRILLING TO THE EAST AND WEST; HOPE
August 11 2022 - 05:00PM
PR Newswire (US)
https://ih.advfn.com/stock-market/TSX/AEM/stock-news/88820372/agnico-eagle-provides-an-update-on-year-to-date-ex
AGNICO EAGLE PROVIDES AN UPDATE ON YEAR-TO-DATE EXPLORATION RESULTS: DETOUR LAKE RETURNING HIGH GRADE INTERCEPTS UP TO 2 KM AWAY FROM CURRENT OPEN PIT; EAST GOULDIE DELIVERING SOLID INFILL CONVERSION RESULTS AND STEP-OUT DRILLING TO THE EAST AND WEST; HOPE
August 11 2022 - 05:00PM
PR Newswire (US)
https://ih.advfn.com/stock-market/TSX/AEM/stock-news/88820372/agnico-eagle-provides-an-update-on-year-to-date-ex
Agnico Eagle CEO
Ammar Al-Joundi, president and CEO of Agnico Eagle, joins BNN Bloomberg to discuss its latest quarter that saw record gold production. He sees more M&A in the mining industry, and says cost control is a focus amid inflation and a tight labour market.
https://www.bnnbloomberg.ca/video/our-industry-will-continue-to-consolidate-and-that-s-a-good-thing-agnico-eagle-ceo~2492161
AGNICO EAGLE REPORTS SECOND QUARTER 2022 RESULTS - STRONG
OPERATIONAL PERFORMANCE DRIVES RECORD QUARTERLY GOLD
PRODUCTION; PRODUCTION AND COST GUIDANCE REITERATED FOR
2022; UPDATED DETOUR LAKE MINE PLAN BASED ON 38% INCREASE IN
MINERAL RESERVES
NEWS PROVIDED BY
Agnico Eagle Mines Limited
Jul 27, 2022, 17:00 ET
SHARE THIS ARTICLE
Stock Symbol: AEM (NYSE and TSX)
(All amounts expressed in U.S. dollars unless otherwise noted)
TORONTO, July 27, 2022 /PRNewswire/ - Agnico Eagle Mines Limited (NYSE:
AEM) (TSX: AEM) ("Agnico Eagle" or the "Company") today reported financial and
operating results for the second quarter of 2022.
Second quarter of 2022 highlights:
Record gold production and strong earnings and cash flow generation in the
second quarter of 2022 – Payable gold production1 in the second quarter of 2022
was 858,170 ounces at production costs per ounce of $766, total cash costs per
ounce2 of $726 and all-in sustaining costs ("AISC") per ounce3 of $1,026.
These results include the first full quarter of production following the completion of
the merger between Agnico Eagle and Kirkland Lake Gold Ltd. ("Kirkland Lake
Gold") on February 8, 2022 (the "Merger").
For the second quarter of 2022, the Company reported quarterly net income of
$0.61 per share, with adjusted net income4 of $0.76 per share. Operating cash
flow was of $1.39 per share
https://www.prnewswire.com/news-releases/agnico-eagle-reports-second-quarter-2022-results--strong-operational-performance-drives-record-quarterly-gold-production-production-and-cost-guidance-reiterated-for-2022-updated-detour-lake-mine-plan-based-on-38-increase-in-mi-301594721.html
Good finds, thanks for posting.
Outstanding article NYBob. Thank you.
Ukraine War, Gold And The New World Order
July 10, 2022
https://kingworldnews.com/ukraine-war-gold-and-the-new-world-order/
Global Systemic Risks Are Rising And Gold Will Move To The Forefront
July 08, 2022
https://kingworldnews.com/global-systemic-risks-are-rising-and-gold-will-move-to-the-forefront/
“The Fed,” says long-time gold market analyst John Hathaway in a Sprott Insights
interview, ”doesn’t have a dial. It’s an either on or off switch.
They’re either switching off the economy and crashing financial assets and the
economy, or their crying uncle and caving in, which will likely open the door to
more inflation.
I think either outcome is positive for gold.”
$TPRFF, $MMY, $MMTMF, $AGI, $AEM, $GGGOF, $GLBXF, $GPL DD Gold Mines
Producer, oversold & undervalued Au-Bargain
IMO!
NYBob, Do you think that we are getting close to a bottom in gold and silver? Or, do we grind it out for a few more months until the Fed gets so much heat that it is afraid to raise rates any more?
AEM Agnico Eagle Mines Limited
58.33
1.17 (2.05%)
Volume: 304,269
Day Range: 56.41 - 58.35
Bid: 58.30
Ask: 58.35
Last Trade Time: 10:57:22 AM EDT
Total Trades: 2,326
AEM Detailed Quote
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169388490
Nice award. Nothing works, if safety does not work.
AGNICO EAGLE RECOMMENDS THAT SHAREHOLDERS REJECT TRC CAPITAL'S BELOW-MARKET MINI-TENDER OFFER
NEWS PROVIDED BY
Agnico Eagle Mines Limited
Jun 10, 2022, 17:00 ET
https://www.prnewswire.com/news-releases/agnico-eagle-recommends-that-shareholders-reject-trc-capitals-below-market-mini-tender-offer-301566008.html
https://www.agnicoeagle.com/English/operations/default.aspx
https://www.agnicoeagle.com/English/60th-anniversary/default.aspx
https://www.agnicoeagle.com
Bullion Banks Covering Gold & Silver Shorts, Plus Look At This Shocking Inflation Chart
May 20, 2022
https://kingworldnews.com/bullion-banks-covering-gold-silver-shorts-plus-look-at-this-shocking-inflation-chart/
AGNICO EAGLE REPORTS FIRST QUARTER 2022 RESULTS - STRONG
OPERATIONAL PERFORMANCE; INTEGRATION AHEAD OF SCHEDULE AND
CORPORATE MERGER SYNERGIES BETTER THAN EXPECTED; GOOD
PROGRESS AT KEY EXPLORATION AND DEVELOPMENT PROJECTS
April 28 2022 - 05:00PM
PR Newswire (US)
Stock Symbol: AEM (NYSE and TSX)
(All amounts expressed in U.S. dollars unless otherwise noted)
TORONTO, April 28, 2022 /PRNewswire/ -
Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) ("Agnico Eagle" or the
"Company") today reported financial and operating results for the first quarter of
2022.
First quarter of 2022 highlights:
Solid quarterly production and costs despite COVID-19 challenges –
Payable gold production1 in the first quarter of 2022 was 660,604 ounces at
production costs per ounce of $1,002, total cash costs per ounce2 of $811 and all-
in sustaining costs ("AISC") per ounce3 of $1,079.
These results include a full quarter of production from the Agnico Eagle mines and
52 days of production from the legacy Kirkland Lake Gold Ltd. ("Kirkland Lake
Gold") mines (Detour Lake, Macassa and Fosterville) reflecting the period after
the closing of the merger between Agnico Eagle and Kirkland Lake Gold on
February 8, 2022 (the "Merger"). Including a full quarter of production from the
legacy Kirkland Lake Gold mines, total payable gold production in the first quarter
of 2022 was 806,329 ounces with total cash costs per ounce approximately in line
with the mid-point of 2022 total cash cost guidance announced in February 2022
https://ih.advfn.com/stock-market/TSX/AEM/stock-news/87949108/agnico-eagle-reports-first-quarter-2022-results
$In GOD We Trust - Real Money - AU Safety 6000yrs )
https://www.kitconet.com/images/quotes_7a.gif?1493417496003
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
https://www.usdebtclock.org/
https://www.worldometers.info/coronavirus/country/us/
https://www.whatdoesitmean.com/index.htm
God Bless.
Appears to have a very bright future.
bigone thanks; Agnico Eagle's Ammar Al-Joundi talks Q1
'Strong quarter by any measure' - Agnico Eagle's Ammar Al-Joundi talks Q1
VIDEO
https://www.youtube.com/watch?v=S0HN_4Gfiqg
Seems like good news to me. Hope that we have a very good month.
Overall very good results.
AGNICO EAGLE REPORTS FIRST QUARTER 2022 RESULTS - STRONG
OPERATIONAL PERFORMANCE; INTEGRATION AHEAD OF SCHEDULE AND
CORPORATE MERGER SYNERGIES BETTER THAN EXPECTED; GOOD
PROGRESS AT KEY EXPLORATION AND DEVELOPMENT PROJECTS
April 28 2022 - 05:00PM
PR Newswire (US)
Stock Symbol: AEM (NYSE and TSX)
(All amounts expressed in U.S. dollars unless otherwise noted)
TORONTO, April 28, 2022 /PRNewswire/ -
Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) ("Agnico Eagle" or the
"Company") today reported financial and operating results for the first quarter of
2022.
First quarter of 2022 highlights:
Solid quarterly production and costs despite COVID-19 challenges –
Payable gold production1 in the first quarter of 2022 was 660,604 ounces at
production costs per ounce of $1,002, total cash costs per ounce2 of $811 and all-
in sustaining costs ("AISC") per ounce3 of $1,079.
These results include a full quarter of production from the Agnico Eagle mines and
52 days of production from the legacy Kirkland Lake Gold Ltd. ("Kirkland Lake
Gold") mines (Detour Lake, Macassa and Fosterville) reflecting the period after
the closing of the merger between Agnico Eagle and Kirkland Lake Gold on
February 8, 2022 (the "Merger"). Including a full quarter of production from the
legacy Kirkland Lake Gold mines, total payable gold production in the first quarter
of 2022 was 806,329 ounces with total cash costs per ounce approximately in line
with the mid-point of 2022 total cash cost guidance announced in February 2022
https://ih.advfn.com/stock-market/TSX/AEM/stock-news/87949108/agnico-eagle-reports-first-quarter-2022-results
$In GOD We Trust - Real Money - AU Safety 6000yrs )
https://www.kitconet.com/images/quotes_7a.gif?1493417496003
http://www.kitconet.com/images/live/au0001wb.gif
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
https://www.usdebtclock.org/
https://www.worldometers.info/coronavirus/country/us/
https://www.whatdoesitmean.com/index.htm
God Bless
Thanks for the reminder NYBob.
Agnico Eagle Provides Notice of Release of First Quarter 2022 Results,
Conference Call and Annual Meeting
https://www.prnewswire.com/news-releases/agnico-eagle-provides-notice-of-release-of-first-quarter-2022-results-conference-call-and-annual-meeting-301518355.html
Getting on the GOLD Standard
https://www.youtube.com/watch?v=149o2jkkKiw
Thank you.
Sean Boyd speaking
https://youtu.be/YyFh-pYRuDU
Thanks for the heads up NYBob.
We will note that Thanks for the heads up NYBob.
Agnico Eagle Provides Notice of Release of First Quarter 2022
Results, Conference Call and Annual Meeting
April 05 2022 - 05:00PM
PR Newswire (Canada)
Alert
Print
Share On Facebook
Stock Symbol: AEM (NYSE and TSX)
TORONTO, April 5, 2022 /CNW/ -
Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) ("Agnico Eagle" or the "Company") today announced that it will release its first quarter 2022 results on Thursday, April 28, 2022, after normal trading hours. Additionally, the Company will host its Annual and Special Meeting of Shareholders (the "AGM") the following day, Friday, April 29, 2022, in a hybrid format (in Toronto and virtually).
First Quarter 2022 Results Conference Call and Webcast
Agnico Eagle's senior management will host a conference call on Friday, April 29, 2022 at 08:30 AM (E.D.T.) to discuss the Company's financial and operating results.
https://ih.advfn.com/stock-market/TSX/AEM/stock-news/87764778/agnico-eagle-provides-notice-of-release-of-first-q
28% Of LBMA GOLD SUPPLY CUTOFF: Prepare For Massive Gold Short Squeeze
April 08, 2022
https://kingworldnews.com/28-of-lbma-gold-supply-cutoff-prepare-for-massive-gold-short-squeeze/
Agnico Eagle Mines Limited has added a new event to its web site:
Gold Forum Europe 2022
https://www.agnicoeagle.com/English/investor-relations/news-and-events/events-and-webcasts/event-details/2022/Gold-Forum-Europe-2022/default.aspx
Click here for a complete listing of Agnico Eagle Mines Limited events;
.https://www.agnicoeagle.com/English/investor-relations/news-and-events/events-and-webcasts/default.aspx
$In GOD We Trust - Real Money - AU Safety 6000yrs )
https://www.kitconet.com/images/quotes_7a.gif?1493417496003
http://www.kitconet.com/images/live/au0001wb.gif
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
https://www.usdebtclock.org/
https://www.worldometers.info/coronavirus/country/us/
https://www.whatdoesitmean.com/index.htm
God Bless
Agnico Eagle Mines Limited has added a new event to its web site:
Gold Forum Europe 2022
https://www.agnicoeagle.com/English/investor-relations/news-and-events/events-and-webcasts/event-details/2022/Gold-Forum-Europe-2022/default.aspx
Click here for a complete listing of Agnico Eagle Mines Limited events;
.https://www.agnicoeagle.com/English/investor-relations/news-and-events/events-and-webcasts/default.aspx
$In GOD We Trust - Real Money - AU Safety 6000yrs )
https://www.kitconet.com/images/quotes_7a.gif?1493417496003
http://www.kitconet.com/images/live/au0001wb.gif
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
https://www.usdebtclock.org/
https://www.worldometers.info/coronavirus/country/us/
https://www.whatdoesitmean.com/index.htm
God Bless
Wonder if the Chinese will follow with backing the Yuan with gold?
Will they attempt to close down the precious metals trading? How successful is this against Russia?
Very nice information. Thank you.
$Gold Will Be A Necessary Part Of The New Monetary System
March 17, 2022
https://kingworldnews.com/gold-will-be-a-necessary-part-of-the-new-monetary-system/
$bigone Thanks; Agnico Eagle Mines #Analysis Best gold stock now?!
61 viewsMar 9, 2022
https://www.youtube.com/watch?v=uaueBGoQZtg
$bigone Thanks; Agnico Eagle Mines #Analysis Best gold stock now?!
61 viewsMar 9, 2022
https://www.youtube.com/watch?v=uaueBGoQZtg
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Kirkland Lake Gold’s corporate goal is to create a self sustaining and long lived intermediate Gold Mining Company based in the historic Kirkland Lake Gold Camp. The Company plans to do this by increasing production capacity to 2,200 tons of ore per day in several stages, and by decreasing production costs by realizing the economies of scale associated with that higher production capacity. At the same time, the company is committed to maintaining a significant exploration program aimed at developing and maintaining a property wide reserve and resource base sufficient to sustain a mine life of more than ten years for as long as practicable.
Kirkland Lake Gold Inc. is an operating and exploration gold company located in Kirkland Lake, ON in the Southern Abitibi gold belt. In 2001, the Company acquired 13,000 acres of five contiguous formerly producing gold mines, which had historically produced 21 million ounces of gold grading 15.1 grams per ton (0.44 ounces per ton) primarily from the Main/’04 Break system. The current focus is on expanding gold production from the Main/'04 Break, and a new discovery area, the South Mine Complex (SMC).
Resources as of Jan, 1 2013
John S. Thomson, a Chartered Accountant from Scotland who has also studied at INSEAD, has worked internationally in a variety of senior roles for companies including PepsiCo. Most recently, Mr. Thomson has built up a successful consulting business providing advice to institutional shareholders and management teams in the media, minerals and technology sectors. He is a non-Executive Director of Parragon Publishing Ltd., a successful international publisher with operations in Europe, India, the UK and USA.
Stewart Carmichael graduated from McMaster University in 1982 with a Bachelor of Science degree in geology. He possesses 27 years of exploration experience, primarily in gold in the Abitibi Greenstone Belt, with extensive related work in the Kirkland Lake area.
He joined Kirkland Lake Gold Inc. in April, 2002 as Chief Exploration Geologist. In 2006 he was the co-winner of the 2006 Ontario Prospectors Award in recognition of the discovery of the South Mine Complex at the Macassa Mine in Kirkland Lake.
He is a past Fellow of the Geological Association of Canada and a current member of the Association of Professional Geoscientists of Ontario. Mr. Carmichael is a “qualified person” for the purpose of National Instrument 43-101, Standards of Disclosure for Mineral Projects, of the Canadian Securities Administrators, with regard to exploration.
Ray Belecque started working at the Macassa mine in 1970. He started as a miner and subsequently went into milling as an operator and was promoted to General Mill Foreman with Lac Minerals. Again promoted to Mill Superintendent and then to Operations Superintendent with Kinross. Subsequently Ray transferred from Kinross to Foxpoint Resources and to the present Kirkland Lake Gold in January, 2001 as General Manager.
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