On April 20, 2026, Toronto-based Agnico Eagle Mines Ltd. announced three acquisitions valued at approximately $3.8 billion to consolidate its presence in Finland's Central Lapland Greenstone Belt. The largest transaction is the purchase of Rupert Resources Ltd. for up to $2.9 billion in stock and contingent cash, representing a 67% premium to Rupert's closing price. Rupert shareholders will receive Agnico shares plus up to $3 per share in milestone-based payments over 10 years. Agnico will also acquire Aurion Resources Ltd. for $481 million in cash at $2.60 per share, a 46% premium, and B2Gold Corp.'s 70% stake in Fingold Ventures Ltd. for US$325 million (approximately $445 million).

The transactions position Agnico to eventually produce approximately 500,000 ounces of gold annually from Finland, more than double its current Kittilä mine output of 217,000 ounces. Integration of Kittilä with Rupert's flagship Ikkari project, targeted for production in 2030 with a 20-year mine life, is expected to yield up to $500 million in synergies. Edgehill Advisory Ltd. and TD Securities Inc. served as financial advisors to Agnico Eagle, with Davies Ward Phillips & Vineberg LLP as legal counsel. BMO Capital Markets acted as financial advisor to Rupert Resources, with Blake, Cassels & Graydon LLP providing legal advice. DLA Piper (Canada) LLP and Graham Scott Law Corporation are acting as legal advisors to Aurion, while WeirFoulds LLP is legal advisor to Aurion's Special Committee.