Agnico Eagle reported a near doubling of third-quarter free cash flow year over year, driven by higher production volumes and disciplined cost control at its Canadian and Mexican operations. The company generated free cash flow of approximately $380 million, up from $195 million in the prior-year quarter. This cash surge enabled Agnico Eagle to accelerate high-return growth investments, reduce net debt by 8%, and increase its quarterly dividend by 5%, underscoring the balance between expansion and shareholder returns.

On January 28, 2026, Agnico Eagle’s wholly owned subsidiary, Agnico Sweden AB, agreed to sell its remaining 55% interest in Gunnarn Mining AB to Goldsky Resources for US$20 million in cash, 75,509,577 common shares valued at C$2.64 apiece, and a 2% net smelter return royalty on the Barsele gold project. Upon closing—expected by June 30, 2026 and subject to TSXV and shareholder approvals—Agnico Eagle’s stake in Goldsky will rise to 32.5%, up from 4.1%. The transaction frees capital for the company’s prioritized pipeline of high-quality development projects and retains exposure to Barsele’s future upside through royalty and equity upside participation.