Agnico-Eagle Mines Ltd. (AEM)

Agnico-Eagle Mines Limited, through its subsidiaries, engages in the exploration and development of gold. The company holds interests in the LaRonde, Goldex, and Lapa mine projects located in Quebec region; the Kittila mine project in Finland; the Pinos Altos mine project in Mexico; and the Meadowbank mine project in Nunavut. As of December 31, 2007, the company managed exploration in 80 properties in central and eastern Canada, 7 properties in the United States, 2 properties in Finland, and 2 properties in Mexico. The company was founded in 1953 and is based in Toronto, Canada.

For the nine months ended 30 September 2006, Agnico-Eagle Mines Limited's revenues totaled $365.9M, up from $170.7M. Net income totaled $119.5M, up from $25.3M. Revenues reflect an increase in income from mining operations, higher interest & sundry income and an increase in gain on sale of available-for-sale securities. Net income also reflects improved gross margins and reduced equity loss in junior exploration companies.