Sean Boyd - Agnico Cranks Up The Dividend

"We've been around for 55 years and I would categorize 2011 as one of our toughest years, some things we didn't get right and some of the things were out of our control," he tells BNN. "We still see growth over the next couple of years, we still have development projects that would come in after that, we still have deposits that continue to grow and we've been able to pay and increase our dividend."

Discusses Meadowbank and Meliadine. Comaplex was active in the La Ronge Gold Belt, drilling off the Tower Lake deposit, which was subsequently abandoned by them only to move north and drill off the Meliadine deposit. Comaplex was bought out by Agnico.

Agnico also purchased a stake in Rubicon after Goldcorp sold off their investment in the company. McEwen also sold off his investment in Rubicon.

http://www.bnn.ca/News/2012/2/16/Agnico-Eagle-CEO-looks-to-forget-2011.aspx

-F6