Agnico Eagle Reports Fourth Quarter and Full Year 2019 Results – Record Annual and Quarterly Gold Production; Production Guidance Outlines 18% Growth Through 2022 With Declining Unit Costs in 2021 and 2022; Pipeline Projects Continue to Advance; Quarterly Dividend Increased
“With two new mines coming into production in Nunavut, 2019 was a pivotal year for the Company. We set new records for both annual gold production and cash provided by operating activities. Despite setting these production and cash flow records, the production ramp up in Nunavut has been slower than expected, which has resulted in higher than anticipated costs in the fourth quarter of 2019 and slight revisions to our 2020 production guidance,” said Sean Boyd, Agnico Eagle’s Chief Executive Officer. “










