Agnico Eagle Reports Third Quarter 2022 Results - Solid Production And Cost Performance
26.10.2022 | CNW
Guidance Reiterated For 2022; Commercial Production Declared At Amaruq Underground; Continued Progress At Key Development And Exploration ProjectsTORONTO, Oct. 26, 2022 - Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) ("Agnico Eagle" or the "Company") today reported financial and operating results for the third quarter of 2022.
Third quarter of 2022 highlights:
- Strong performance resulted in solid quarterly gold production and costs – Payable gold production1 in the third quarter of 2022 was 816,795 ounces at production costs per ounce of $804, total cash costs per ounce2 of $779 and all-in sustaining costs ("AISC") per ounce3 of $1,106. For the third quarter of 2022, the Company reported quarterly net income of $0.17 per share, with adjusted net income4 of $0.52 per share. Operating cash flow after changes in non-cash components of working capital was of $1.26 per share
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https://www.newswire.ca/news-releases/agnico-eagle-reports-third-quarter-2022-results-solid-production-and-cost-performance-guidance-reiterated-for-2022-commercial-production-declared-at-amaruq-underground-continued-progress-at-key-development-and-exploration-projects-836764170.html