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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)
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From fxstreet.com | Feb 16, 2026
Gold price dives nearly 1% on a thin liquidity trading session on Monday as US markets are closed in observance of Presidents' Day, while China’s new year celebration will keep the markets closed for over a week. At the time of writing, XAU/USD trades at $4,992 after reaching a daily high of $5,054. Market sentiment remains positive, fueled by growing ...
