Key Highlights
Quarterly gold production and cost performance remain solid – Payable gold production in Q3 2023 was 850,429 ounces at production costs/oz of $893, total cash costs/oz of $898 and AISC/oz of $1,210.
Strong quarterly financial results - The Company reported quarterly net income of $0.36 per share in Q3 2023, and adjusted net income of $0.44 per share. Cash provided by operating activities was $1.01 per share ($1.35 per share before working capital adjustments).
Canadian Malartic and Meadowbank drive solid production - Gold production in Q3 2023 was led by strong production at the Canadian Malartic and Meadowbank complexes and the Kittila mine, offsetting lower production at Detour Lake and Fosterville.
Gold production, cost and capital expenditure guidance reiterated for 2023 - The Company is on-track to be above the mid-point of its production guidance for 2023. Expected payable gold production in 2023 remains unchanged at approximately 3.24 to 3.44 million ounces with total cash costs/oz expected to be between $840 and $890 and AISC/oz expected to be between $1,140 and $1,190. Total capital expenditures (excluding capitalized exploration) are still estimated to be approximately $1.42 billion.

A quarterly dividend of $0.40 per share has been declared.

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https://www.agnicoeagle.com/English/investor-relations/financial-information/quarterly-summary/default.aspx