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Agnico-Eagle Mines (AEM +0.4%) approves development and construction of the La India mine in...

Agnico-Eagle Mines (AEM +0.4%) approves development and construction of the La India mine in Sonora, Mexico. La India will be developed as an open-pit, heap leach operation with commercial production expected in H2 2014. AEM puts construction costs at $158M.
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