Agnico Eagle Mines Ltd (TSX:AEM)
C$ 116.07 -2.67 (-2.25%) Market Cap: 58.21 Bil Enterprise Value: 59.09 Bil PE Ratio: 42.45 PB Ratio: 2.10 GF Score: 87/100

Q3 2021 Agnico Eagle Mines Ltd Earnings Call Transcript

Oct 28, 2021 / 03:00PM GMT
Release Date Price: C$68.34 (-2.52%)
Operator

Good morning. My name is Grant, and I'll be the operator for today's conference. At this time, I would like to welcome everyone to the Agnico Eagle Third Quarter Results 2021 Conference Call. (Operator Instructions)

Mr. Boyd, you may now begin your conference.

Sean Boyd
Agnico Eagle Mines Limited - Vice-Chairman & CEO

Thank you, Operator, and good morning, everyone, and thank you for joining us for our third quarter 2021 conference call. Just to take note of the fact that this presentation will include certain forward-looking statements. I'd just like to start off with a summary and a bit of an overview. A very strong quarter from a production perspective, a cost perspective, from a cash generation perspective as well. We had record quarterly production as expected in the third quarter, producing over 520,000 ounces, excluding production from the Hope Bay mine. There was -- a big part of this performance was really driven by the performance of our Abitibi mines and our Meliadine mine.

If you look at the Abitibi platform, Goldex, Canadian

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