Agnico Eagle’s LaRonde mine in Quebec is one of Canada’s largest operating gold mines by gold reserves and has provided the company’s foundation for domestic and international expansion. The company produced 3,485,336 ounces of gold in 2024. Its proven and probable gold reserves (net of production) totaled 1,277 million tons at the end of 2024. The company’s measured and indicated mineral resources decreased 2.3% in 2024.
Agnico Eagle operates through two broader segments: Northern Business (97% of 2024 production) and Southern Business (3%).
Northern Business include the 100%-owned LaRonde and Goldex mines, and 100% interest in the Canadian Malartic mine, all based in Quebec, as well as the 100%-owned Meadowbank and Meliadine mines in Nunavut in northern Canada, and the 100%-owned Kittila mine in Lapland in northern Finland.
Southern Business consists of the 100%-owned Pinos Altos mine and Creston Mascota satellite mine, both in Chihuahua in northern Mexico as well as the 100%-owned La India mine in Sonora in northern Mexico.