Agnico Mines was formed in Canada in 1957 and was officially named Agnico-Eagle Mines Limited in 1972 through the merger of Agnico Mines Limited, a prominent silver producer in Cobalt, Ontario, and Eagle Gold Mines Limited, a successful gold exploration company. The name was changed to Agnico Eagle Mines Limited (dropping the hyphen) in 2013.

Build a high-quality, manageable business that generates superior long-term returns per share by:

• Increasing gold production in lower risk jurisdictions:
  We expect 2019 gold production of approximately 1.75 million ounces.
• Growing operating and free cash flows:
  Our goal is to increase net free cash flow through higher production, controlling operating costs and disciplined capital spending.
• Providing meaningful dividends:
  We have a history of paying dividends every year since 1983, and our goal is to increase the dividend over time.
• Minimizing share dilution:
  Traditionally, acquisitions and construction have been completed with minimal share dilution.
• Operating in a socially responsible manner:
  Our strategy is to create economic value by operating in a safe, socially and environmentally responsible manner while contributing to the prosperity of our employees and the communities in which we operate.

We employ approximately 10,000 permanent and contractor employees in five countries.

At the end of 2018, our proven and probable mineral reserves contained 22.0 million ounces of gold. Our byproduct reserves include approximately 44 million ounces of silver, 140,000 tonnes of zinc and 89,000 tonnes of copper.

Agnico Eagle’s payable gold production is expected to be 1.75 million ounces in 2019.

We produce gold, silver, zinc and copper. In 2019, gold and silver sales are expected to account for approximately 99% of revenues.

Our customers are bullion banks (or dealers). We reduce counterparty risk by limiting our gold sales to bullion dealers that are major global bullion banks.

We sell the gold as soon as it is available – we do not inventory gold ounces – at prevailing market prices.

Agnico Eagle does not sell forward any of our gold or silver production. We participate fully in the upside increase in the price of both gold and silver.

We own 100% of all of our operations and development stage properties, with the exception of the properties obtained through the Agnico Eagle and Yamana Gold Inc. acquisition of Osisko Mining Corporation on June 16, 2014. Agnico Eagle and Yamana each own 50% of the Canadian Malartic General Partnership that owns and operates the Canadian Malartic mine. Other properties acquired from Osisko such as the Kirkland Lake, Hammond Reef and Pandora projects have been held 100% by Agnico Eagle since March 2018.