Agnico Eagle targets 2026 gold output of 3.3-3.5 million oz - AEM News | RalliesAgnico Eagle targets 2026 gold output of 3.3-3.5 million oz
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AEM• Hope Bay development outlook
- Hope Bay outlook points to initial production in 2030; a 2026 study models 4.5 million oz total output at 6,000 tpd.
- Hope Bay steady-state production is projected at 435,000 oz per year in 2032-2038; initial capital is estimated at USD 2.4 billion.
2026 production outlook and cost guidance
- Agnico Eagle forecast 2026 gold production of 3.3-3.5 million oz; H1 2026 output totaled 1,681,000 oz.
- Full-year 2026 total cash costs are expected at USD 1,020-1,120/oz; all-in sustaining costs are seen at USD 1,400-1,550/oz.