THE VOICE OF THE CANADIAN

MINING INDUSTRY SINCE 1935

Agnico Eagle Mines

Agnico Eagle

Agnico Eagle Mines Limited is a Canadian based and led senior gold mining company and the third largest gold producer in the world, producing precious metals from operations in Canada, Australia, Finland and Mexico, with a pipeline of high-quality exploration and development projects. Agnico Eagle is a partner of choice within the mining industry, recognized globally for its leading environmental, social and governance practices. Agnico Eagle was founded in 1957 and now employs more than 16,000 people worldwide.

For over 65 years, Agnico Eagle has stayed true to its mission to build a high quality, easy to understand business – one that generates superior long-term returns for shareholders, while creating a great place to work for employees and contributing positively to the communities and countries in which it operates.

The Company has built a strong culture of responsible behaviour, achieving high standards of sustainability performance and distinguishing itself as a responsible miner. By operating with respect for others, building trust, being reliable and sharing opportunities, Agnico Eagle makes mining work for everyone – employees, stakeholders and communities, including the Indigenous communities where it operates. The Company believes that responsible growth can bring prosperity for the benefit of future generations.

Towards Sustainable Mining (TSM) Performance Summary

Agnico Eagle started implementing TSM in 2011 and applies TSM’s best practices across its operating mines globally while striving to improve overall performance annually. Each site has dedicated personnel who implement and monitor the TSM protocols and best practices. Agnico Eagle’s TSM performance is 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.

2024 External Verification

Seven (7) of Agnico Eagle’s eleven (11) operations were externally verified in 2024: LaRonde, Goldex, Canadian Malartic, Meadowbank, Kittilä, Pinos Altos and La India.

The external verification confirmed that the results reported are an accurate reflection of Agnico Eagle’s performance against the requirements of TSM. The verification, combined with an external audit of protocols, confirmed increased scores in many areas, with more than 75% of the indicators reaching the excellence and leadership level (AAA).

The results achieved in the Tailings Management Protocol are particularly worthy of mention, where all indicators for all sites assessed against this protocol and audited in 2024 reached level AAA, reflecting the efforts put towards the implementation of strong governance and tailings management systems.

Indigenous and Community Relations Protocol results also confirmed Agnico Eagle’s leadership position in that area. To that effect, we published our first Reconciliation Action Plan in 2024, setting out our approach to reconciliation with Indigenous communities. Our Indigenous Peoples Engagement Policy was also refreshed to further align with all our initiatives.

Reporting for the first time at Fosterville, Macassa and Detour Lake

The Fosterville, Macassa and Detour Lake mines concluded their three-year TSM implementation period in 2024. As a result, Agnico Eagle is now reporting the outcomes for these operations for the first time. The sites’ action plans effectively improved their management systems and sustainability performance, increasing scores by approximately 40% compared to the last internal evaluation. Actions are ongoing, with external verification expected in 2025.

Continuous Improvement Plan

Continuous improvement is a core aspect in implementing Towards Sustainable Mining at Agnico Eagle. In 2024, notable improvements were made in the management of health and safety, integrated risk, water and climate change.

Regarding health and safety, Agnico Eagle is currently implementing the Safe, Healthy, and Respectful Workplaces Protocol, modifying systems and practices to better address psychological safety. Following the release of the Psychological Health and Safety Policy in 2023, action plans were developed to equip sites and employees with the necessary tools to promote healthy workplaces. These efforts are integrated with initiatives focused on equity, diversity and inclusion, as they acknowledge that respectful and inclusive environments also enhance psychological safety.

The update of Agnico Eagle integrated risk management system (RMMS) advanced risk management efforts by enhancing the Major Hazards program. This includes the progressive implementation of a critical controls monitoring program.

In 2024, a new Water Management Framework was introduced at all sites and they reviewed their Corporate Standards to strengthen water management.

Finally, climate change continues to be integrated into our governance as tools and methodologies are being developed to enhance understanding and stay abreast of new technologies and advancements in the field. Agnico Eagle Mines published a second Climate Action Report in 2024.

For more information, please visit www.agnicoeagle.com.


 

Externally Verified Results

2024 TSM Results

Agnico Eagle Mines

Crisis Management and Communications Planning Assessment
Facility Crisis management and communications preparednessReviewTraining
Agnico Eagle Mines – Corporate Office
Detour Lake
Fosterville
Goldex
Kittila
La India
LaRonde
Macassa
Meadowbank
Meliadine
Mine Canadian Malartic
Pinos Altos
Results as of: Jan 20, 2025
Preventing Child and Forced Labour Assessment
Facility PREVENTING FORCED LABOURPREVENTING CHILD LABOUR
Agnico Eagle Mines – Corporate Office
Goldex
Kittila
La India
LaRonde
Meadowbank
Meliadine
Mine Canadian Malartic
Pinos Altos
Results as of: May 10, 2019
Note: These requirements are assessed every three years during the external verification.
Safety and Health Assessment
Commitments and accountabilityPlanning and implementationTraining, behaviour and cultureMonitoring and reportingPerformance
Detour Lake
Fosterville
Goldex
Kittila
La India
LaRonde
Macassa
Meadowbank
Meliadine
Mine Canadian Malartic
Pinos Altos

AAA

AA

A

B

C

Results as of: Jan 07, 2025
Tailings Management Assessment
Tailings management policy and commitmentTailings management systemAssigned accountability and responsibilityAnnual tailings management reviewOperation, maintenance and surveillance (OMS) manual
Detour Lake
Fosterville
Goldex
Kittila
LaRonde
Macassa
Meadowbank
Meliadine
Mine Canadian Malartic
Pinos Altos

AAA

AA

A

B

C

Results as of: Jan 07, 2025
Biodiversity Conservation Management Assessment
Commitment, accountability and communicationsConservation planning and implementationReporting
Detour Lake
Fosterville
Goldex
Kittila
La India
LaRonde
Macassa
Meadowbank
Meliadine
Mine Canadian Malartic
Pinos Altos

AAA

AA

A

B

C

Results as of: Jan 07, 2025
Water Stewardship Assessment
Water governanceOperational water managementWatershed-scale planningWater reporting and performance
Detour Lake
Fosterville
Goldex
Kittila
La India
LaRonde
Macassa
Meadowbank
Meliadine
Mine Canadian Malartic
Pinos Altos

AAA

AA

A

B

C

Results as of: Jan 07, 2025
Indigenous and Community Relationships
Community of Interest IdentificationEffective Community of Interest Engagement and DialogueEffective Indigenous Engagement and DialogueCommunity Impact and Benefit ManagementCommunity of Interest Response Mechanism
Detour Lake
Fosterville
Goldex
Kittila
La India
LaRonde
Macassa
Meadowbank
Meliadine
Mine Canadian Malartic
Pinos Altos

AAA

AA

A

B

C

Results as of: Jan 07, 2025
Climate Change Protocol Assessment
Corporate Climate Change ManagementFacility Climate Change ManagementFacility Performance Targets and Reporting
Agnico Eagle Mines – Corporate Office
Detour Lake
Fosterville
Goldex
Kittila
La India
LaRonde
Macassa
Meadowbank
Meliadine
Mine Canadian Malartic
Pinos Altos

AAA

AA

A

B

C

Results as of: Jan 17, 2025
International Initiatives
Industry Sustainability Initiatives
ICMM Sustainable Development Framework
WGC Conflict Free Gold Standard
ISO 14001 - EMS Standard
Management System Standards
UN Global Compact
International Voluntary Initiatives
Extractive Industries Transparency Initiative
Voluntary Principles on Security and Human Rights
OECD Guidelines for Multinational Enterprises
AA 1000
Reporting, Disclosure and Transparency Standards
Global Reporting Initiative
CDP
Water Disclosure Project
Carbon Pricing Leadership Coalition
IFC Social and Environmental Performance Standards
Financing Standards
Dow Jones Sustainability Index
Listed on Socially Responsible Investing Indices
Jantzi Social Index
Responsible Jewellery
Industry Sustainability Initiatives
International Cyanide Code
Kimberley Process
Results as of: Jan 17, 2023

Letters of Assurance

Agnico Eagle Mines | 2024 | TSM Letter of Assurance

Agnico Eagle Mines | 2024 | TSM Letter of Assurance

Agnico Eagle Mines | 2022 | TSM Letter of Assurance

Agnico Eagle Mines | 2021 | TSM Letter of Assurance

Agnico Eagle Mines | 2021 | TSM Letter of Assurance

Agnico Eagle Mines | 2020 | TSM Letter of Assurance

Agnico Eagle Mines | 2017 | TSM Letter of Assurance

Agnico Eagle Mines | 2014 | TSM Letter of Assurance



Verification Summary Reports

Agnico Eagle Mines | Goldex | 2024 | Verification Summary Report

Agnico Eagle Mines | LaRonde | 2024 | Verification Summary Report

Agnico Eagle Mines | Mine Canadian Malartic | 2024 | Verification Summary Report

Agnico Eagle Mines | Meadowbank | 2024 | Verification Summary Report

Agnico Eagle Mines | Pinos Altos | 2024 | Verification Summary Report

Agnico Eagle Mines | La India | 2024 | Verification Summary Report

Agnico Eagle Mines | Kittila | 2024 | Verification Summary Report

Agnico Eagle Mines | LaRonde | 2024 | Verification Summary Report

Agnico Eagle Mines | Meadowbank | 2024 | Verification Summary Report

Agnico Eagle Mines | Pinos Altos | 2024 | Verification Summary Report

Agnico Eagle Mines | Mine Canadian Malartic | 2024 | Verification Summary Report

Agnico Eagle Mines | La India | 2024 | Verification Summary Report

Agnico Eagle Mines | Goldex | 2024 | Verification Summary Report

Agnico Eagle Mines | Kittila | 2024 | Verification Summary Report

Agnico Eagle Mines | Meliadine | 2022 | Verification Summary Report



Historical TSM Results

TSM Results 2024 (Externally Verified)

TSM Results 2023

TSM Results 2022

TSM Results 2021 (Externally Verified)

TSM Results 2019

TSM Results 2018

TSM Results 2017 (Externally Verified)

TSM Results 2016

TSM Results 2015

TSM Results 2014 (Externally Verified)

TSM Results 2013

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