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World No. 2 gold miner is ‘willing to move’ on M&A, CEO says
Agnico Eagle Mines CEO Ammar Al-Joundi said the gold producer is “very well-positioned” to pursue acquisitions should opportunities emerge, signaling a renewed openness to deal-making after years focused on growing output from existing mines. “We are willing to move — and we have moved — when we see an opportunity on the M&A side that actually creates value per share,” he said during an earnings call on Friday, adding that the company has a “very good understanding of the various assets out there.” His comments suggests a more proactive approach to doing deals from a CEO who has traditionally been ... (full story)