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Agnico profit slumps 49% despite record production

Lower margins, extra costs impact results

Paul Harris
Agnico Eagle Mine's Meliadine in Nunavut, Canada

Agnico Eagle Mine's Meliadine in Nunavut, Canada

Production increased 9.9% compared to the prior year period and 8.2% from the June quarter due to the inclusion of production from the Hope Bay mine in Nunavut the company recently acquired from TMAC Resources...

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