Agnico-Eagle VP On Kimber Resources Board A First Step Toward Acquisition

Mexico’s ever-expanding gold mining industry is on-target for another banner year in 2010. In fact, output is expected to jump by an additional 880,000 ounces next year to nearly 2.5 million ounces, representing an approximately 50% increase over 2009’s projected figures (which have yet to be announced).Much of the additional output will come from the ramping-up of production at the world-class gold/silver Penasquito mine in Zacatecas State. Owned by the world’s fifth largest gold producer, Vancouver-based Goldcorp Inc.

By Sammy Pollack:Shares of Franco-Nevada Corporation (FNV) are up more than 34% so far in 2012.

Prior to the 2008 financial crisis, there was a small group of premier junior producers on the way to create the next generation of intermediate miners. I am referring to the likes of

Brigus Gold Corp T.BRD announced assay results from the 147 Zone of its Grey Fox property in the Timmins Mining District, Ontario. Highlights include

By Matt Schilling:On Wednesday, December 19th, Agnico-Eagle Mines (AEM) boasted the biggest YTD gain among 17 gold miners with market caps over $17B after overcoming weather conditions at its Arctic mine that sent costs soaring.

Marco G. submits:Ms.

Although Agnico-Eagle Mines Limited (AEM) has climbed steadily since August and we still expect to see AEM trading at $100+, it remains a bit of a puzzle to us that the old bird isn’t trading much higher than it is. A number of our peers are expecting the miners to take off as the earnings, turnover and profits, based on much higher gold prices can no longer be ignored. Well, we hope that they are correct as Agnico forms a major part of our portfolio.

Another record performance by Agnico-Eagle Mines Limited (AEM) on the back of high gold prices along with the completion of a number of quality projects should render the Eagle more than desirable in this sector of the market. And as the trend is to acquire more ounces on Bay Street through merger and acquisition activity, its a surprise to us that this company has not been the target of a take over move by one of the large caps.