NYSE- and TSX-listed Agnico Eagle Mines has announced plans to consolidate its properties in the Central Lapland Greenstone Belt, in Finland, pursuant to which Agnico has entered into definitive agreements for three separate transactions.

The company will acquire all of the issued and outstanding shares of Rupert Resources and Aurion Resources, respectively, as well as 70% of Fingold Ventures held by B2Gold Corporation.

Since Aurion owns 30% of Fingold, it will result in Agnico holding 100% of this entity.

Agnico currently owns 13.9% of Rupert Resources on a non-diluted basis and 9.9% of Aurion on a partially diluted basis.

Rupert Resources’ primary asset is the Ikkari gold project, which has a 2.5-million-ounce resource base in the probable category. Aurion, in turn, owns a large portfolio of land within the belt, including the land held by the Fingold joint venture with B2Gold.

The consolidation will establish Finland as a multi-asset and multi-decade regional platform within Agnico’s portfolio, with a pathway to become a 500 000 oz/y producer of gold within the next ten years.

The transaction will allow Agnico to consolidate 2 492 km² of regional land in the under-explored Central Lapland Greenstone Belt, unlocking significant exploration potential with robust targets across all stages of exploration.

The transactions will provide the financial, technical and on-the-ground resources needed to develop the highly prospective Ikkari gold project in particular, leveraging Agnico’s proven management, exploration, permitting, mine building and operating expertise.

Agnico explains integrating Ikkari into the group’s established Finland platform delivers unique operating, development and construction synergies estimated at up to $500-million, over and above the value benefit that is expected to be realised by eliminating property boundary constraint.

“By consolidating the highly prospective and under‑explored Central Lapland Greenstone Belt, we are bringing together our long‑life Kittila mine, the Ikkari gold project, unconstrained by property boundaries, and a district‑scale land position with clearly defined targets across all stages of exploration.

“Supported by a proven local team with the technical, operating and exploration expertise to execute, this consolidation positions us to accelerate development, capture unique synergies, drive project‑level value and unlock substantial long‑term exploration upside for our shareholder,” says Agnico CEO Ammar Al-Joundi.

He adds that this approach mirrors how the company has successfully built value across its Canadian platforms and represents an important next chapter for the Finland business.