AGNICO EAGLE REPORTS SECOND QUARTER 2017 RESULTS; STRONG OPERATIONAL PERFORMANCE CONTINUES; FULL YEAR PRODUCTION GUIDANCE INCREASED; NUNAVUT PROJECTS ADVANCING ON SCHEDULE AND BUDGET; POSITIVE EXPLORATION RESULTS AT MULTIPLE PROJECTS

https://s21.q4cdn.com/374334112/files/doc_news/news_documents/2017/Q2-2017-AEM-Results-FINAL.pdf

Toronto (July 26, 2017) – Agnico Eagle Mines Limited (NYSE:AEM, TSX:AEM)
(“Agnico Eagle” or the “Company”) today reported quarterly net income of $61.9 million, or $0.27 per share, for the second quarter of 2017. This result includes non-cash foreign currency translation gains on deferred tax liabilities of $12.1 million ($0.05 per share), various mark-to-market and other adjustment losses of $10.3 million ($0.04 per share), unrealized gains on financial instruments of $7.9 million ($0.03 per share) and non-cash foreign currency translation losses of $2.7 million ($0.01 per share). Excluding these items would result in adjusted net income1 of $54.9 million or $0.24 per share for the second quarter of 2017. In the second quarter of 2016, the Company reported net income of $19.0 million or $0.09 per share.

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