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Stock impact report

AEM- Don't Dwell on Higher Diesel Costs. Buy. [Yahoo! Finance]

Agnico Eagle Mines Limited (AEM) 
Last agnico eagle mines limited earnings: 4/30 05:07 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Higher oil prices can affect gold-company margins, which have been remarkably strong and rising the last few years. But while these stocks may slip a little more, if you are not invested, you should at least start a position now in stocks like Agnico Eagle Mines Ltd. AEM ), says Adrian Day , editor of Global Analyst To get your FREE copy of the complete MoneyShow 2026 Top Picks Report, click here Diesel is the largest cost input for operating mines. Though the impact on gold mines is generally less than on copper or iron ore mines, higher diesel prices will cause costs to increase. Higher oil prices also affect other cost inputs of course. Agnico Eagle Mines Ltd. (AEM) chart A study from BMO concluded that costs for gold miners would increase by about 2% for every $10 move in the oil price. So a move from $60 to $100, such as we have seen this month, would increase costs by around 8%. But some companies have hedged their diesel. Agnico, for example, has hedged a little ov Show less Read more
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