Agnico Eagle Mines reported a rock mass movement on July 1, 2026, at the Barnat open pit in Quebec, leading to a temporary suspension of mining there. No injuries or environmental damage occurred, but the event is expected to reduce gold production by 60,000 to 80,000 ounces in the second half of 2026 and up to 150,000 ounces annually in 2027 and 2028. The company is assessing the situation and plans to resume operations safely, while using stockpiled low-grade ore to minimize near-term production impact. Despite this setback, Agnico Eagle maintains its long-term target of 1 million ounces annual production from the Canadian Malartic complex in the early 2030s.

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Agnico Eagle to release Q2 2026 results on July 29 with a follow-up conference call.

Agnico Eagle Mines Limited announced it will publish its second quarter 2026 financial results on July 29, 2026, after market close. The company's senior management will hold a conference call on July 30 to discuss these results, accessible via webca...

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3 days ago

Rock mass movement halts mining at Agnico Eagle's Barnat pit, cutting 2026 gold output forecast.

More News (AEM)

Agnico Eagle to release Q2 2026 results on July 29 with a follow-up conference call.

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Rock mass movement halts mining at Agnico Eagle's Barnat pit, cutting 2026 gold output forecast.

More News (AEM)

Agnico Eagle to release Q2 2026 results on July 29 with a follow-up conference call.

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