AGNICO EAGLE REPORTS FIRST QUARTER 2026 RESULTS, INCLUDING RECORD QUARTERLY OPERATING MARGINS AND ADJUSTED NET INCOME

News provided by Agnico Eagle Mines Limited Apr 30, 2026, 17:00 ET Share this article Share to X Share this article Share to X Stock Symbol: AEM (NYSE and TSX) (All amounts expressed in U.S. dollars unless otherwise noted) TORONTO , April 30, 2026 /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 2026. "We delivered a solid start to 2026, achieving record operating margins while production and costs tracked well to plan. With gold production expected to be weighted to a stronger second half of the year, we are managing cost volatility through disciplined execution and asset optimization, supported by our regional operating model.

This positions us well to deliver on our full year guidance," said Ammar Al-Joundi, Agnico Eagle's President and Chief Executive Officer. "We are excited by the strong progress across our industry leading growth pipeline and are beginning to look beyond the 20–30% production growth already expected over the next decade, with our recently announced proposed acquisitions in Finland marking a milestone in our next phase of long-term growth. At the same time, we remain committed to returning value to shareholders, through our dividend and the expansion of our share repurchase program." First quarter 2026 highlights: Solid quarterly performance, in line with plan – Payable gold production 1 was 825,109 ounces, representing approximately 24% of the mid-point of the full year production guidance, at production costs per ounce of $1,158, total cash costs per ounce 2 of $1,093 and all-in sustaining costs ("AISC") per ounce 2 of $1,483.

The solid operating performance was led by Detour Lake, Canadian Malartic and Fosterville Record quarterly operating margins and adjusted net income – Solid production, combined wit