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Agnico Plans 14.9% Scout Stake, Idaho Earn-In
Agnico Eagle Mines
— Sep 18, 2026
Agnico Eagle Mines is taking a 14.9% stake in Scout Discoveries for about US$14.8 million at US$1.50 per share, with The Electrum Group investing roughly US$10.2 million to raise its stake to 30% as part of a US$25 million private placement. The deal includes earn-in rights that could push Agnico to up to 70% in Scout’s Elk City and Muldoon projects by funding up to US$60 million and US$30 million over eight years, with initial milestones at 51% for Elk City and 51% for Muldoon before further increases.
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DJE Kapital AG Sells 79,600 Iamgold Shares
Finance
— Jul 21, 2026
DJE Kapital AG trimmed its mining stock holdings in Q1, cutting Iamgold by 30.6% to 180,200 shares worth $3.275 million, and reducing Newmont by 37.8% to 963,044 shares worth about $102.476 million, along with a 4.1% decline in Agnico Eagle Mines to 503,088 shares worth roughly $99.548 million. The moves accompany broader adjustments by other institutional investors and several brokerages issuing updated ratings or price targets on these companies.
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