| Agnico hires former Barrick Gold CFO Ammar Al-Joundi as president | |
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March 19 (Reuters) - Canadian gold producer Agnico Eagle Mines Ltd said it appointed Ammar Al-Joundi, former chief financial officer of Barrick Gold Corp , president as it grooms him as a potential chief executive. Al-Joundi was Agnico's CFO for about two years until June 2012 when he joined Barrick. Barrick named Shaun Usmar, a mining industry veteran and the former finance head of Xstrata Nickel, as chief financial officer designate in November. Barrick, the world's biggest gold miner, has been undergoing a management shuffle since April 2014 when John Thornton took over as executive chairman. Prior to joining Agnico in September 2010, Al-Joundi spent 11 years at Barrick in various senior financial positions. In his new role at Agnico, effective April 6, Al-Joundi will report to Chief Executive Officer Sean Boyd, the company said on Thursday. The company also announced the appointments of Dominique Girard as vice president technical services and Nunavut Operations, Carol Plummer as vice president project development, USA & Latin America and Michel Julien as vice president environment. The company also promoted Michael Timmins to vice president, corporate development. (Reporting by Anet Josline Pinto in Bengaluru. Editing by Andre Grenon)
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Agnico-Eagle Mines Limited
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PRODUCER |
CODE : AEM.TO |
ISIN : CA0084741085 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Agnico-Eagle is a gold producing company based in Canada. Agnico-Eagle produces gold, copper, lead, silver and zinc in Canada, in Finland and in Mexico, develops copper, gold, lead, silver and zinc in Canada, and holds various exploration projects in Canada. Its main assets in production are LARONDE, LARONDE (EL COCO) MINE, MEADOWBANK and LARONDE EXTENSION in Canada, PINOS ALTOS in Mexico and KITTILA in Finland, its main assets in development are LAPA, GOLDEX and LARONDE in Canada and its main exploration properties are BOUSQUET MINE, JOUTEL, NIGHTHAWK, GERMAN PROPERTY, MOUNTJOY PROPERTY, THORNLOE, REID, NW DELORO, CARR - WILKIE, WHITNEY TISDALE, WARK, EASTER DOME, MELIADINE, ELLISON, BOUSQUET AND ELLISON, COLOMAC MINE, CABALLO BLANCO PROPERTY and VICTORY LAKE in Canada and MORELOS SUR in Mexico. Agnico-Eagle is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 20.2 billions as of today (US$ 14.7 billions, € 13.8 billions). Its stock quote reached its lowest recent point on October 29, 1999 at CA$ 10.10, and its highest recent level on November 13, 2020 at CA$ 99.66. Agnico-Eagle has 230 990 000 shares outstanding. |