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  • Agnico Eagle Mines Meliadine Nunavut Canada Kirkland Lake merger Abitibi

    Agnico, Kirkland agree to golden merger

    Shane Lasley, Mining News|Updated Oct 7, 2021

    Agnico Eagle Mines Ltd. and Kirkland Lake Gold Ltd. have announced plans to merge into a major mining company slated to produce 3.4 million ounces of gold this year. With similar market capitalizations and gold production profiles in Canada and other politically stable jurisdictions, the deal is considered a merger of equals that would create a company with a market cap of around US$23 million based on a slight drop in share prices of both companies following the merger announ...