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Freightwatch Reporter
Freightwatch.news
Wednesday, May 13, 2026
Agnico Eagle Mines Ltd. announced plans to invest approximately $10.2 billion in its Ontario gold operations, marking one of the largest private-sector commitments to the province's mining sector. The Canadian precious metals producer will deploy the capital across its existing regional assets. The investment reflects confidence in long-term gold demand and domestic mining economics. The Ontario investment is expected to support regional employment and economic activity while strengthening Canada's position as a major gold producer.