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Agnico Eagle raises Foran stake in $64M strategic deal

Staff Writer | May 15, 2025 | 3:35 am Markets News Canada Copper Gold Silver Zinc and Lead 

Canada’s Agnico Eagle (TSX, NYSE: AEM) is increasing its stake in Foran Mining (TSX: FOM) from 9.9% to 13.5% by purchasing 30 million voting common shares at C$3 each, for a total of C$90 million ($64m). The private placement, part...

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