Agnico Eagle
Canadian-based and led, Agnico Eagle was founded in 1957 and is now Canada’s largest mining company and the second largest gold producer in the world. Our mission is to build a high-quality, easy to understand business that generates superior long-term returns for our shareholders, creates a great place to work for our employees and contributes positively to the communities in which we operate. Our strategy is to build a growing high-quality, low-risk, sustainable business. We take a regional focus to our business, operating in regions we believe have the geologic potential and the political stability to operate multiple mines for multiple decades.
We produce gold, silver, copper and zinc from operations in Canada, Australia, Finland and Mexico, and have a pipeline of high-quality exploration and development projects. Our reputation as a skilled, transparent operator is matched by our track record of generating superior long-term returns through innovation and operational excellence. We have a track record of adding value through exploration, a core strength we will continue to mine. We aim to build our mineral reserve and mineral resource base, while looking for new ways to expand our project pipeline.
At Agnico Eagle we are defined by our core values of Family, Trust, Respect, Responsibility and Equity. These values express who we are and guide us in everything we do. They reflect our roots, are central to our culture and essential to our success. As a result, we are a partner of choice within the mining industry, recognised globally for our leading sustainability practices. We are proud of the prosperity we bring to our employees, their families and the communities in which we operate. Everywhere we operate, we are determined to make mining work for all stakeholders by being reliable and honouring our commitments, building trust, sharing opportunities, innovating and by operating with respect for others.
Towards Sustainable Mining (TSM) Performance Summary
Agnico Eagle started implementing TSM in 2011 and applies TSM’s best practices across all eleven (11) of its operating mines globally while striving to improve overall performance annually. Each site has dedicated personnel who implement and monitor the TSM protocols and strive for continuous improvement. Agnico Eagle’s TSM performance drives a part of its overall approach to sustainability. TSM requirements are integrated into the Company’s Risk Management and Monitoring System (RMMS) that also encompasses other international standards and frameworks, such as:
- The World Gold Council’s Responsible Gold Mining Principles (RGMP);
- The International Cyanide Management Institute’s International Cyanide Management Code (ICMC); and
- The Voluntary Principles on Security and Human Rights (VPSHR).
Agnico Eagle has used the TSM Responsible Sourcing Alignment Supplement since 2023 to integrate the RGMP requirements in its overall annual TSM assessment and external verification.
2025 Performance Assessment
Four (4) of Agnico Eagle’s eleven (11) operations were externally verified in 2025: Meliadine, Detour , Macassa and Fosterville. This year is the first year that Detour, Macassa and Fosterville were externally verified against the requirements of TSM, and the scores achieved reflect Agnico Eagle’s commitments to sustainability performance and continuous improvement. Performance scores in the Indigenous and Community Relations and Tailings Management protocols are especially noteworthy, with the majority of facilities externally verified achieving AAA across all indicators in these protocols.
In 2025, Agnico Eagle was honoured with the TSM Community Engagement Excellence Award for its Reconciliation Action Plan with Indigenous Nations. The Reconciliation Action Plan stands out for its comprehensive and collaborative approach, co-developed with input from around 250 rightsholders and stakeholders, and features 40 actions grouped under seven pillars to ensure meaningful reconciliation. Key attributes that made this project award-worthy include its commitment to accessibility through multilingual publication, transparent progress reporting, and its influence in inspiring and supporting responsible mining practices across the industry. In addition, Agnico Eagle was awarded Silver Level Leadership award for our Pinos Altos facility, and Bronze Level Leadership awards for Canadian Malartic, Goldex, LaRonde, Kitilla, La India and Meadowbank.
Improvement Plans
Continuous improvement is a core aspect in implementing TSM at Agnico Eagle. As part of Macassa’s external verification this year, two items were identified as areas of focus and will have an action plan in place to support improving performance in 2026.
Specifically, information on the physical climate impacts assessed for Macassa, and their relevant plans and/or actions to manage the associated potential risks associated with Climate Change will be included Agnico Eagle’s next Climate Action Report, expected to be publicly released in the first half of 2026.
Also, relating to Crisis Management, Macassa will establish and maintain annual meetings with local emergency response authorities to better prepare all parties on the facility’s crisis management plan, communications, and planning starting in 2026.