Agnico-Eagle Mines (AEM) +5.9% premarket after reporting a 15% drop in Q2 adjusted profit but...

|About: Agnico Eagle Mines Limited (AEM)|By:, SA News Editor

Agnico-Eagle Mines (AEM) +5.9% premarket after reporting a 15% drop in Q2 adjusted profit but boosting its full-year production outlook to 975K oz. of gold from a previous estimate of 875K-900K, as the miner says it generated record cash flow in H1. Overall gold output rose 10.8% as new production at Meadowbank outweighed the loss of output from its Goldex mine.