Agnico Eagle COVID-19 and Operations Update
AEM
AUY
2.83
2019 Gold Mineral Reserve and Mineral Resources
Higher Reserve Grade and Increasing Mineral Resources
Gold Mineral Reserve Grade (g/t)
AEM's Global Reserves, Measured and Indicated
Resources and Inferred Resources (2010-2019)
2.00
1.68
1.59
1.29
1.03
ABX
AVERAGE
KL
NEM
KGC
0.70
70
60
50
40
30
20
22
Ounces Gold (millions)
10
0
☑Reserves
M&I resources
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
As of December 31
Gold mineral reserves declined slightly in 2019, while measured and indicated and inferred mineral resources
increased Mineral reserves decreased by 2% to 21.6Mozs (net of 2019 production). Measured and indicated
mineral resources and inferred mineral resources increased by 4% and 19%, respectively
-
Gold reserve grade increased - Overall mineral reserve grade improved 4.8% to 2.83 g/t from 2.7 g/t, largely due to
increases in the mineral reserve grade at mines in Nunavut. Mineral resource grades were essentially unchanged
from the previous year
Agnico Eagle has the highest mineral reserve grades among its North American peers
See AEM February 13, 2020 press release and appendix for detailed breakdown of mineral reserves and mineral resources.
CIBC 24th Annual Western Institutional Investor Conference 41
Inferred resources
AGNICO EAGLEView entire presentation