Agnico Eagle Mines Limited · TSX:AEM
Agnico Eagle Mines — BMO 34th Global Metals, Mining & Critical Minerals Conference 2025
12 slides from Agnico Eagle Mines's conference presentation, Feb 24, 2025
Slide 1: BMO Global Metals, Mining & Critical Minerals Conference
BMO Global Metals, Mining & Critical Minerals Conference February 24, 2025
Slide 2: Notes to Investors
Notes to Investors Forward-Looking Statements The information in this presentation has been prepared as at February 20, 2025. Certain statements contained in this presentation constitute "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of
Slide 3: Agnico Eagle – A High-Quality, Low-Risk Senior Gold Producer
Agnico Eagle – A High-Quality, Low-Risk Senior Gold Producer Third Largest Gold Producer; Proven Geological Potential in Premier Jurisdictions 2005 2024 1 Operating Mines 11 1 Operating Countries 4 240 Gold Production (koz) 3,485 ~14x 2.7 Gold Production (oz per 1,000 shares) 7.0 ~3x $0.93 EBITDA1 (
Slide 4: Track Record of Operational Excellence Demonstrates Strength of Business
Track Record of Operational Excellence Demonstrates Strength of Business 2024 Highlights Per Share Results Cash and Net Debt Position Delivered record results $2.50 $1,316 • Gold production $2.00 $922 $920 $977 $926 $1.50 $1.26 • Adjusted net income $1.07 $1.14 $1.00 $0.76 $525 $490 • Cash flows $
Slide 5: FY2025 and Beyond – Strongest Position in Our History
FY2025 and Beyond – Strongest Position in Our History Updated Three Year Guidance 1) Stable Production Outlook at Peer Leading Costs 2025 Guidance1 Range Midpoint Total cash costs and AISC up 4% and 3%, respectively, vs. 2024 Production Guidance (Moz) 3.3 – 3.5 3.4 Growth capital and exploration
Slide 6: Detour Lake – Pathway to One Million Ounce Annual Producer
Detour Lake – Pathway to One Million Ounce Annual Producer World-class asset – Largest producing mine in Canada; open pit mine life until 2053 and potential underground mine Outlined pathway to 1Moz annual production beginning in 2030; mill optimization to 29mtpa ongoing Development of 2km exp
Slide 7: Canadian Malartic – Vision to One Million Ounce Annual Producer
Canadian Malartic – Vision to One Million Ounce Annual Producer Development of Odyssey progressing on schedule Vision to 1Moz annual gold production • 2nd shaft – Internal technical evaluation ongoing • Marban – Acquisition of O3 Mining expected to be complete in Q1 2025; potential to become sat
Slide 8: Hope Bay – Advancing the Potential for a Larger Production Scenario
Hope Bay – Advancing the Potential for a Larger Production Scenario Advancing the potential for ~400koz production scenario Initial indicated mineral resource estimate at Patch 7 Upgrading existing infrastructure and advancing site preparedness for a potential redevelopment BMO Global Metals,
Slide 9: Upper Beaver – Opportunity to Grow Lower-risk, Profitable Production
Upper Beaver – Opportunity to Grow Lower-risk, Profitable Production Kirkland Lake camp Galloway at Upper Beaver project Results of internal evaluation announced in July 2024 for a standalone mine and mill scenario Potential average annual production of ~210koz beginning in 2031 Advancing work
Slide 10: San Nicolas – World Class VMS Deposit
San Nicolas – World Class VMS Deposit Mexican operations San Nicolas Project 50/50 joint venture with Teck Resources Limited Feasibility study and execution strategy development ongoing – study completion expected in H2 2025 Project approval is expected to follow, subject to receipt of permits
Slide 11: High-Quality Business Positioned to Generate Strong Returns
High-Quality Business Positioned to Generate Strong Returns Low-Risk Mining Highest Quality Senior Uniquely Positioned Strong Financial Returns Jurisdictions Gold Producer High-quality project pipeline in Emphasis on per share value Multi-mine, multi-decade High sustainability standards core operati
Slide 12: agnicoeagle.com
Trading Symbol: AEM on TSX & NYSE Investor Relations: 416-947-1212 info@agnicoeagle.com agnicoeagle.com
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