AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email Agnico Eagle’s Q2 net profit is US$37.7 million, revenue rises on higher output TORONTO – Agnico Eagle Mines Ltd (TSX:AEM) had US$37.7 million of net income in the second quarter and the profit would have been higher without costs associated with its acquisition of a 50 per cent stake in Osisko Mining, in partnership with Yamana Gold (TSX:YRI).Agnico Eagle’s profit for the three months ended June 30 amounted to 20 cents per share, which compares with a net loss of $24.4 million or 14 cents per share a year earlier.Excluding a US$6.1-million item related to Osisko, foreign exchange, stock options and a non-recurring gain, Agnico would have had US$52.8 million of net income or 28 cents per share in the second quarter.Its revenue was US$437.8 million, up from $336.4 million in the second quarter of 2013, due to significantly higher gold production volumes.Agnico Eagle said its production benefitted from higher grades of ore at its Meadowbank mine in Nunavut and contributions from production at Goldex and La India.“With the closing of the Osisko transaction in the second quarter, we are now working closely with our partner Yamana to optimize the Canadian Malartic mine and maximize the potential of the Kirkland Lake portfolio,” Sean Boyd, Agnico’s president and chief executive officer, said in a statement issued Wednesday after markets closed..Agnico Eagle also said Wednesday that it’s increasing its 2014 production guidance to about 1.35 million ounces, which is above the 2014 guidance range of 1.175 million to 1.205 million ounces. by The Canadian Press Posted Jul 30, 2014 5:10 pm MDT read more

“During my visit, I’ve spoken to ministers, to provincial and district authorities, and to teachers and students. What I heard at every level was a commitment to support these goals,” Ms. Cousin said in a news release from the Laotian capital, Vientiane, at the end of her three-day mission. She said that WFP is working with communities in rural areas to make sure school meal programmes support education outcomes. “Achieving middle-income status is about the development of human capital, and that begins with food and nutrition security, and with education.” WFP is preparing to launch a new five-year program in Lao PDR next year, contributing towards Sustainable Development Goal 2 on achieving food and nutrition security globally by 2030. This initiative will further support the Eight National Social Economic Development Plan, bringing the country to middle-income status by 2020. An independent review was carried out this year, to identify which areas of the new programme should be prioritized to achieve Goal 2. On her trip, Ms. Cousin also visited schools in Luang Prabang province where WFP is working with partners to provide a package of assistance to students. The agency is working closely with the Government at all levels to take over and improve school lunch programs by 2021. Improved meal plans, in addition to schools gardens, literacy programs, and hygiene and sanitation initiatives can combine into a good sustainable model for development, according to WFP> read more