July 24, 2008 / 12:42 PM / 10 years ago

Agnico-Eagle maintains longer-term output forecast

(In U.S. dollars)

    TORONTO, July 24 (Reuters) - Agnico-Eagle Mines (AEM.TO) chief executive said on Thursday its longer-term gold production outlook was not affected by start-up problems at two of its mines, and said it sees gold prices rising as high as $1,500 an ounce over the next year.

    In an interview, Agnico-Eagle Chief Executive Sean Boyd also said the company will focus on growth through exploration at or near its current projects, rather than through acquisitions. (Reporting by Cameron French; Editing by Scott Anderson)

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