Northwire Canada EditionMonday, August 24, 2026
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GOLD 4710.50 +0.6% SILVER 69.17 −0.5% COPPER 6.59 +0.1% OIL 85.52 −1.8% PALLADIUM 1353.25 +0.2% TBK 0.360 +2.9% AHR 1.12 +6.7% VGD 0.130 −10.3% HART 0.240 +4.3% XGC 0.230 −2.1% FAS 0.095 +0.0% ONAU 0.690 +13.1% NAR 0.265 −1.9% GSR 0.400 +3.9% SPMC 0.930 +13.4% EDM 0.710 +1.4% PDQ 0.080 +0.0% ATX 2.83 +4.0% ENDR 0.165 −2.9% SCD 0.210 +2.4% GOLD 4710.50 +0.6% SILVER 69.17 −0.5% COPPER 6.59 +0.1% OIL 85.52 −1.8% PALLADIUM 1353.25 +0.2% TBK 0.360 +2.9% AHR 1.12 +6.7% VGD 0.130 −10.3% HART 0.240 +4.3% XGC 0.230 −2.1% FAS 0.095 +0.0% ONAU 0.690 +13.1% NAR 0.265 −1.9% GSR 0.400 +3.9% SPMC 0.930 +13.4% EDM 0.710 +1.4% PDQ 0.080 +0.0% ATX 2.83 +4.0% ENDR 0.165 −2.9% SCD 0.210 +2.4%
Financings Routine +

AGNICO EAGLE ANNOUNCES INVESTMENT IN RADISSON MINING RESOURCES INC.

Agnico Eagle’s $57 million stake in Radisson is routine, with the Barnat pit remaining the key overhang.

By The Northwire Desk — AI Analysis Aug 24, 2026 · 07:00 AEM · 297.82 Agnico Eagle Mines Limited
Executive Summary

Agnico Eagle Mines Limited (AEM) has invested C$57.2 million to acquire a 10.45% non-diluted stake in Radisson Mining Resources through a non-brokered private placement. The transaction consists of 53.42 million units priced at C$1.07 per unit, accompanied by warrants exercisable at C$1.39 for a period of 60 months.

The agreement grants Agnico Eagle Mines Limited board nomination rights, top-up rights to maintain its ownership level up to 14.9%, and property disposition restrictions through December 31, 2028. The closing of the deal is expected on September 2, 2026, subject to approval from the TSX-V.

Material Impact

Agnico Eagle Mines Limited (AEM) has made a C$57.2 million investment, representing approximately 0.04% of its market capitalization and roughly 1.6% of its $3.46 billion cash balance. The transaction is financially immaterial to consolidated results and does not alter the production profile or net asset value. This move aligns with AEM’s established strategy of acquiring strategic, optionality-rich stakes in junior explorers, such as Cascadia, Maple Gold, Osisko, and Cadillac. The market has already priced in the strong operational backdrop, with this announcement serving as a routine capital deployment exercise.

AEM · Price
Company Overview

Agnico Eagle Mines Limited (AEM) is a senior gold producer with a diversified portfolio characterized by low-jurisdiction-risk assets across Canada, Mexico, Finland, and Australia. Its flagship operations include Canadian Malartic, Detour Lake, Hope Bay, LaRonde, Macassa, Meadowbank, Fosterville, and Kittila. The company is pursuing a multi-decade growth strategy driven by organic exploration, underground expansions, and strategic acquisitions within the Finland Central Lapland Greenstone Belt.

Read the original news release →

More from Agnico Eagle Mines Limited

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Agnico Eagle’s $5m prism royalty update fails to halt the stock’s slide as execution risks mount on the $2.4b hope bay and finland consolidation.

M&A / Property