Agnico Eagle Mines Limited (AEM) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, my name is Vincent and I'll be your conference operator today. At this time, I would like to welcome everyone to the Agnico Eagle Minds Limited Q1 2026 conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be question and answer session. If you would like to ask a question during this time, simply press star, then the number one on your telephone keypad. If you would like to withdraw your question, please press the number two. Thank you. Mr. Ammar Al-Jundi, you may begin your conference. Thank you, Vincent. Good morning and thank you for joining our Agnico Eagle first quarter 2026 conference call. I'd like to remind everyone that we'll be making a number of forward-looking statements So please keep that in mind and refer to the disclaimers at the beginning of this presentation. Next slide, please. We're pleased to announce a solid start to the year with production slightly above budget and with costs in line with our guidance. This solid operating performance coupled with exceptional gold prices has allowed Agnico Eagle to announce yet another quarter of record net income driven by record operating margins. We are reiterating 2026 production guidance with production expected to be weighted approximately 48%, 52% between the first and second halves of the year. We're also pleased to reiterate our cost guidance for 2026. This is no small task given the uncertainties and pressures in the market over the past several weeks. As you'll hear on this call, this has been a strong quarter across all of our businesses. Solid operations, strong progress on moving our growth pipeline forward, continued exceptional exploration results, and as mentioned, another quarter of record financial results....