Video News/BMO Capital Markets 2025

Agnico Eagle's strategy: Maximizing profits & returns

How did Agnico Eagle achieve record production and industry-leading margins in 2024? Kitco’s Senior Mining Editor and Anchor Paul Harris interviews Ammar Al-Joundi, President & CEO of Agnico Eagle Mines, at the 2025 BMO Global Metals, Mining and Critical Minerals Conference. Al-Joundi discusses the company's outstanding performance in 2024, featuring record production and a 50% all-in-sustaining cost margin. He highlights Agnico Eagle's dedication to controlling costs and maximizing shareholder returns through dividends and share buybacks. Al-Joundi also explains the company's strategic acquisitions, such as O3 Mining, aimed at leveraging infrastructure and enhancing value per share, with a goal to attract generalist investors to the gold sector. Special thanks to our sponsor, First Majestic, for making this coverage possible. Visit https://www.firstmajestic.com/ to learn more.

Guests: Ammar Al-Joundi
Source: Kitco Mining
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