Agnico Eagle Mines Ltd (NYSE:AEM)
$ 78.65 -0.36 (-0.46%) Market Cap: 39.47 Bil Enterprise Value: 40.11 Bil PE Ratio: 41.48 PB Ratio: 2.05 GF Score: 87/100

Q1 2019 Agnico Eagle Mines Ltd Earnings Call Transcript

Apr 26, 2019 / 12:30PM GMT
Release Date Price: $42.27 (+4.06%)
Operator

Good morning, my name is Karina and I will be your conference operator today. At this time, I'd like to welcome everyone to the Agnico Eagle First Quarter Results 2019 Conference Call. (Operator Instructions)

Mr. Sean Boyd, you may begin your conference.

Sean Boyd
Agnico Eagle Mines Limited - Vice-Chairman & CEO

Thank you, operator, and good morning, everyone, and welcome to our first quarter 2019 conference call. We're going to be going through some forward-looking statements today, so please be forewarned.

Just to sort of step back and look at 2019, as we said, we expect record production at 1.75 million ounces at cash cost in the midpoint of the range of $645 and all-in sustaining cost at the midpoint of the range of $900. After the first quarter, we're tracking extremely well towards that target and we'll be revisiting those numbers in our second quarter update in late July as we move through the commissioning of both Meliadine and Amaruq.

So the other thing that I think we've been focused on this year is just simply the

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