Agnico Eagle Mines Limited
Sean Boyd, Chief Executive Officer
Agnico Eagle Mines Limited
Erected 2015 by Agnico Eagle Mines Limited.
Topics. This historical marker is listed in this topic list: Industry & Commerce. A significant historical year for this entry is 1957.
Location. 47° 23.789′ N, 79° 41.123′ W. Marker is in Cobalt, Ontario, in Timiskaming District. It is on Prospect Avenue (Lang Street) just east of Silver Street, on the right when traveling west. The marker is mounted on the south facade of the building at this location. Touch for map. Marker is at or near
this page online
Regionally, this marker is in Northeastern Ontario and specifically in Northern Ontario. It is also in Central Canada. Globally, it is in North America, the Great North Woods, the Western Hemisphere, the Western World, and the Anglosphere. Historically, it finds itself in what was once a British colony, the Viceroyalty of New France, the Haudenosaunee (Iroquois) Confederacy, and Rupert’s Land.
Other nearby markers. At least 8 other markers are within walking distance of this marker: Historic Prospect Avenue / L'avenue Prospect historique (within shouting distance of this marker); The Coniagas #4 Shaft / Le puits de mine n°4 de la Coniagas (within shouting distance of this marker); Major Holland, VC Park (within shouting distance of this marker); The Town Square / La place publique (within shouting distance of this marker); Swamp Street / La rue Swamp (within shouting distance of this marker); Bruce Lonsdale Memorial Park (about 90 meters away, measured in a direct line); Cobalt Railway Station / La gare de Cobalt (about 90 meters
Also see . . . Agnico Eagle Mines Limited (Wikipedia).
Excerpt: In 1953, five struggling mining companies joined to become Cobalt Consolidated Mining, which would last until 1957, when the company changed its name to Agnico Mines. "Agnico" is derived from the periodic table of elements using the symbols for silver (Ag), nickel (Ni) and cobalt (Co). In 1963, Paul Penna became the president of Agnico Mines, and he eventually oversaw the merger of Agnico Mines with Eagle Mines Ltd, a successful gold exploration company, enabling the development of Eagle's Joutel mining complex in northern Quebec. The newly formed company became Agnico Eagle Mines Limited.(Submitted on July 6, 2026, by Cosmos Mariner of Cape Canaveral, Florida.)In 1974, the Joutel mine went into production and would eventually produce approximately 1.1 million ounces of gold until its closure in 1993. In 1993, they completed the purchase of the Goldex mine, becoming the 100% owner of the largest unexploited gold deposit in Quebec. This was followed by the purchase of the Lapa gold deposit in 2000, Riddarhyttan Resources AB (the 100% owner of the Suurikuusikko gold deposit in northern Finland, which would become the Kittilä mine) in 2005, the Pinos Altos project in Mexico in 2006, and the purchase of Cumberland Resources in 2007, giving Agnico Eagle 100% control of the Meadowbank gold project in Nunavut, Canada.
In 2010, Agnico Eagle completed the purchase of the Meliadine property, located southeast of Meadowbank near Rankin Inlet, Nunavut. In 2011, the company also announced a $70 million (CAD) investment in Rubicon Minerals, representing a 9.2% ownership stake and access to the Phoenix gold project located in the heart of Red Lake, Ontario. In 2016, Agnico Eagle was ranked as the 14th best of 92 oil, gas, and mining companies on indigenous rights in Arctic resource extraction. In 2021, a $13.5 billion merger between Kirkland Lake Gold and Agnico consolidated the largest gold mines in Canada's Abitibi gold belt. In 2025, Agnico Eagle Mines Limited completed the acquisition of 100% of O3 Mining Inc., adding the Marban deposit in Québec to its development pipeline.
In April 2025, Agnico Eagle published its 16th Sustainability Report, reaffirming its commitment to net-zero Scope 1 and 2 emissions by 2050, with an interim target of 30% reduction by 2030. The company increased investment in energy efficiency and low-carbon technologies and expanded community engagement and Indigenous partnerships.
Credits. This page was last revised on July 8, 2026. It was originally submitted on July 6, 2026, by Cosmos Mariner of Cape Canaveral, Florida. This page has been viewed 10 times since then. Photos: 1, 2. submitted on July 6, 2026, by Cosmos Mariner of Cape Canaveral, Florida.
