Public Company Industrial Services

Agnico Eagle Mines

Toronto, Ontario, Canada

Agnico Eagle is a senior Canadian gold mining company with mines in Canada, Finland, Mexico, and Australia, and exploration activities across these and other countries. The company operates under a long-standing policy of no forward gold sales and has declared a cash dividend every year since 1983.

Focus Areas
Gold exploration and development, Gold mining (precious metals)
Website
agnicoeagle.com

Tracked deals

6

6 tracked deals across 2021-2026.

Recent pace

2

2 tracked deals announced in the last 12 months.

Deal mix

Buyout

3 buyout · 3 growth capital

Agnico Eagle Mines Acquisition Volume by Year

Last 3 years

Acquisition volume by year Annual acquisition counts for the last 3 years for Agnico Eagle Mines. 1 2021 3 2025 ~3 est. 2 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • Buyer
    Agnico Eagle Mines Limited
    Target
    Cadillac Mines Corporation
    Industry
    Energy
    Location
    Ontario, Canada

    Agnico Eagle Mines Limited entered into a subscription agreement to acquire 8,696,000 common shares of Cadillac Mines Corporation in a C$60.0 million private placement at C$6.90 per share. The investment is subject to closing conditions, including completion of Cadillac’s initial public offering, and is expected to close around August 5, 2026.

  • Buyer
    Agnico Eagle Mines Limited
    Target
    Rupert Resources, Aurion Resources, Fingold joint venture (70% interest from B2Gold)
    Seller
    B2Gold
    Location
    Finland
    Type
    Buyout

    Agnico Eagle Mines has entered into definitive agreements to acquire all outstanding shares of Rupert Resources and Aurion Resources and to purchase B2Gold’s 70% interest in the Fingold joint venture in Finland. The transactions would give Agnico Eagle full ownership of the Fingold project, consolidating a unified land package of about 2,492 square kilometers in the Central Lapland Greenstone Belt. Closing is expected in 2026, subject to regulatory and shareholder approvals.

  • Buyer
    Agnico Eagle Mines Limited
    Target
    Foran Mining Corporation, Azimut Exploration Inc.
    Location
    British Columbia, Canada

    Agnico Eagle Mines Limited has agreed to subscribe for 30,000,000 voting common shares of Foran Mining Corporation in a non-brokered private placement for total consideration of C$90 million. The private placement is expected to close in two tranches, with the first tranche targeted around May 28, 2025 and the second tranche following shareholder approval of Foran.

  • Buyer
    Agnico Eagle Mines Limited
    Target
    Cartier Resources Inc.
    Industry
    Energy
    Location
    Québec, Canada

    Agnico Eagle Mines Limited agreed to subscribe for 20,770,000 units of Cartier Resources Inc. in a non-brokered private placement for total consideration of C$2,700,100. Each unit includes one Cartier common share and one warrant exercisable for another common share at C$0.18 for five years, with closing expected on or about April 10, 2025.

  • Buyer
    Agnico Eagle Mines Limited
    Target
    O3 Mining Inc.
    Location
    Ontario, Canada
    Type
    Buyout

    Agnico Eagle Mines Limited acquired 100% of the outstanding shares of O3 Mining through an amalgamation completed on March 18, 2025. Under the previously announced all-cash offer, O3 Mining shareholders other than Agnico Eagle received $1.67 CAD per common share, with Agnico Eagle taking up 94.1% of shares earlier and extending the offer expiry to February 3, 2025.

  • Buyer
    Agnico Eagle Mines Limited
    Target
    TMAC Resources Inc.
    Seller
    TMAC Resources shareholders, Shandong Gold Mining (HongKong) Co., Limited / Streamers Gold Mining Corporation Limited, Resource Capital Funds, Newmont Corporation, TMAC directors and officers
    Industry
    Energy
    Location
    Ontario, Canada
    Type
    Buyout

    Agnico Eagle Mines Limited agreed to acquire all outstanding common shares of TMAC Resources Inc. for C$2.20 per share, in a deal valuing the company at approximately C$286.6 million. The transaction, structured as a Plan of Arrangement, transfers control of TMAC’s Hope Bay gold assets to Agnico Eagle and includes the retirement of TMAC’s outstanding debt, with closing subject to customary regulatory and court approvals.

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