Agnico Eagle acquires full control of a major Finnish gold district to boost production and exploration.

Agnico Eagle Mines has completed three acquisitions to gain full control over a 2,492 square-kilometer gold district in Finland's Central Lapland Greenstone Belt, consolidating fragmented ownership. This move unifies their existing Kittilä mine and the nearby Ikkari project, enabling plans for a larger open-pit mine and improved infrastructure. The company aims to increase annual gold production to 500,000 ounces within the next decade and will invest heavily in exploration, including a $14.5 million drilling program at Ikkari and at least $45 million across the district. Analysts expect strong earnings growth in the upcoming quarter, reflecting the company's expansion strategy.