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Agnico Eagle Mines

Agnico Eagle

Agnico Eagle Mines Limited is a senior Canadian gold mining company that has produced precious metals since 1957. It is now the largest producer of gold in Canada and the third largest gold producer in the world. The Company’s operating mines are located in Canada, Australia, Finland and Mexico. It has a pipeline of high-quality exploration and development projects in these countries as well as in the United States. Agnico Eagle, which employs more than 16,000 people worldwide, is a partner of choice within the mining industry, recognized globally for its leading environmental, social and governance practices.

For over 65 years, Agnico Eagle has consistently 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 rigorously applies TSM’s best practices across its operating mines globally while striving to improve overall performance year after year. Each site has dedicated personnel to ensure implementation and monitoring of 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).

Canadian Malartic
Since 2014, Agnico Eagle was part owner (50%) of the Canadian Malartic Complex, while Yamana Gold owned the other half. In March 2023, Agnico Eagle acquired Yamana Gold’s Canadian assets and became sole owner of the Canadian Malartic Complex. Canadian Malartic’s TSM results, reported since 2015, have been merged with Agnico Eagle’s results and the Company will continue to support the site in improving its sustainability practices and performance, particularly with the development of the Odyssey underground mine.

TSM Implementation Process at Fosterville, Macassa and Detour Lake
Fosterville, Macassa and Detour Lake mines, which joined Agnico Eagle following the merger of equals with Kirkland Lake Gold in February 2022, are at their second year of TSM implementation. Preliminary results were provided confidentially to TSM for the year 2023. Corporate support is provided to ensure completion of the process and continuous improvement. TSM results for these sites will be made public at the end of 2024.

Annual Self-Assessments
For 2023, annual self-assessments were performed at all Agnico Eagle’s operating facilities. Agnico Eagle’s overall results for 2023 were strong with facilities continuously improving their health, safety, environment and community relations (HSEC) performance.

As clearly showed in the results, the protection of employees and contractors’ health and safety is a core component and non-negotiable element of Agnico Eagle’s day-to-day activities and long-term success. To support the Company’s growth and continue to efficiently manage risks, Agnico Eagle is currently updating its integrated management system (RMMS) with the objective of maintaining high standards and transparency, and continuing to improve on its health and safety, environmental and community relations performance.

In 2023, Agnico Eagle reports it first results for the TSM Climate Change Protocol. The work put forward in the last couple of years is reflected in the results. The climate change governance structure in place at Agnico Eagle, from the Board of Directors to the facilities’ Climate Action Teams, creates clear lines of accountability, gives flexibility to adapt to unforeseen circumstances and ensures sustainable practices are considered in all aspects of the business. Agnico Eagle will continue its engagement with stakeholders on climate change to develop and gradually implement actions towards its 2050 Net-Zero target.

Water and tailings management continue to be followed up diligently. Agnico Eagle implemented the new TSM Tailings Management Protocol and Table of Conformance in 2023. With the support of Engineers of Records, facilities are continuously improving on their practices. For more information on Agnico Eagle’s commitment and approach to responsible tailings management, consult the Company’s most recent Tailings Summary Report.

As part of the overall Company’s strategy for the implementation of the new psychological safety and respectful behaviour component of the TSM Safety and Health Protocol, Agnico Eagle issued its Psychological Health and Safety Policy in March 2023. This policy complements the Diversity and Inclusion Policy issued in 2018 which supports the implementation the new TSM Equitable, Diverse, and Inclusive Workplaces Protocol. In line with the Company’s core values (trust, respect, equality, responsibility and family), these protocols and associated best practices are currently being implemented across the Company.

For more information, please visit www.agnicoeagle.com

Self-Assessed Results

2023 TSM Results

Agnico Eagle Mines

Crisis Management and Communications Planning Assessment
Facility Crisis management and communications preparednessReviewTraining
Agnico Eagle Mines – Corporate Office
Goldex
Kittila
La India
LaRonde
Meadowbank
Meliadine
Mine Canadian Malartic
Pinos Altos
Results as of: Jan 04, 2024
Preventing Child and Forced Labour Assessment (Pre-2024)
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
Goldex
Kittila
La India
LaRonde
Meadowbank
Meliadine
Mine Canadian Malartic
Pinos Altos

AAA

AA

A

B

C

Results as of: Jan 04, 2024
Tailings Management Assessment
Tailings management policy and commitmentTailings management systemAssigned accountability and responsibilityAnnual tailings management reviewOperation, maintenance and surveillance (OMS) manual
Goldex
Kittila
LaRonde
Meadowbank
Meliadine
Mine Canadian Malartic
Pinos Altos

AAA

AA

A

B

C

Results as of: Jan 04, 2024
Biodiversity Conservation Management Assessment
Commitment, accountability and communicationsConservation planning and implementationReporting
Goldex
Kittila
La India
LaRonde
Meadowbank
Meliadine
Mine Canadian Malartic
Pinos Altos

AAA

AA

A

B

C

Results as of: Jan 04, 2024
Water Stewardship Assessment
Water governanceOperational water managementWatershed-scale planningWater reporting and performance
Goldex
Kittila
La India
LaRonde
Meadowbank
Meliadine
Mine Canadian Malartic
Pinos Altos

AAA

AA

A

B

C

Results as of: Jan 04, 2024
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
Goldex
Kittila
La India
LaRonde
Meadowbank
Meliadine
Mine Canadian Malartic
Pinos Altos

AAA

AA

A

B

C

Results as of: Jan 04, 2024
Climate Change Protocol Assessment
Corporate Climate Change ManagementFacility Climate Change ManagementFacility Performance Targets and Reporting
Agnico Eagle Mines – Corporate Office
Goldex
Kittila
La India
LaRonde
Meadowbank
Meliadine
Mine Canadian Malartic
Pinos Altos

AAA

AA

A

B

C

Results as of: Jan 04, 2024
International Initiatives
Industry Sustainability Initiatives
ICMM Sustainable Development Framework
WGC Conflict Free Gold Standard
ISO 14001 - EMS Standard
Management System Standards
OHSAS 18001
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 | 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 | Meliadine | 2022 | Verification Summary Report



Historical TSM Results

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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