Agnico Eagle Q3 net income rises 28% year over year to USD 1.35 billion
AEM•Agnico Eagle’s third-quarter 2026 net income rose 28% year over year to USD 1.35 billion, while gold production fell 6% to 814,012 ounces. The company kept its full-year production outlook at the lower end of its 3.3 million to 3.5 million-ounce guidance range.
1. Quarterly results
Agnico Eagle’s third-quarter 2026 net income rose 28% year over year to USD 1.35 billion, primarily due to higher realized gold prices. Gold production fell 6% to 814,012 ounces, while production costs per ounce climbed 24% to USD 1,193. Hope Bay construction was approximately 13% complete at September 30 and remained on schedule. Full-year gold production was expected to be near the lower end of guidance of 3.3 million to 3.5 million ounces.
