Kittila Operating at Full Capacity After Completion of Planned Maintenance

Agnico-Eagle Mines Ltd.’s Kittila operations, located in northern Finland, are back to operating at full capacity following a budgeted and previously announced maintenance shutdown of the Kittila mill. While the processing facility shutdown was expected to last up to 40 days in the second quarter of 2012, operations resumed after only 18 days. Due to better than expected conditions inside the autoclave, the decision was made to postpone additional maintenance to later in the year. However, the total scheduled maintenance downtime for 2012 remains unchanged (44 days), with the remainder to be allocated over the balance of the year.