Cost Inflation

TORONTO – October 29, 2026 -- Agnico Eagle Mines reported third-quarter 2026 net income of $1,353 million ($2.67 per share) and free cash flow of $852 million ($1.68 per share), driven by a realized gold price of $4,264 per ounce.

Adjusted net income was $1,324 million, or $2.62 per share. Cash provided by operating activities reached $1,755 million, or $3.47 per share.

Payable gold output of 814,012 ounces comes with costs above full-year guidance ranges

Production costs were $1,193 per ounce, total cash costs were $1,133 per ounce and all-in sustaining costs (AISC) were $1,648 per ounce. Detour Lake, Fosterville and Kittila led operations.

Full-year payable production is still expected near the lower end of the 3.3 to 3.5 million ounce guidance range. The company attributes this to the adjusted mine plan for the Barnat open pit at Canadian Malartic after the rock mass movement reported on July 2, 2026.

San Diego – October 19, 2026 -- The Vistage CEO Confidence Index fell 3.4 points to 80.8 in Q3 2026 from 84.2 in the prior quarter, marking the third consecutive quarterly decline in small and midsize business (SMB) CEO sentiment.

Expectations for the year ahead dropped the most. Only 19% of CEOs expect the U.S. economy to improve over the next year, down 10 percentage points from last quarter and 13 points below Q3 2025. A further 34% expect conditions to worsen, up 8 points.

Revenue hopes hold at 62%, but profit expectations lag at 47%

Some 62% of CEOs expect higher revenue, down 2 points from last quarter. Only 47% expect higher profit, as rising costs erode margins. Of those surveyed, 36% plan to increase fixed investments over the next year, down from 38% in Q2. Another 46% say U.S. economic conditions have worsened versus last year, while 14% say they have improved, down 5 points.