April 26 (Reuters) - Agnico Eagle Mines Ltd AEM.TO :
* AGNICO EAGLE REPORTS FIRST QUARTER 2018 RESULTS; NUNAVUT DEVELOPMENT PROJECTS PROGRESSING ON BUDGET AND ON SCHEDULE; EXPLORATION DRILLING YIELDS FAVOURABLE RESULTS AT MULTIPLE PROJECTS
* Q1 EARNINGS PER SHARE $0.19
* Q1 EARNINGS PER SHARE VIEW $0.17 -- THOMSON REUTERS I/B/E/S
* Q1 ADJUSTED EARNINGS PER SHARE $0.15 EXCLUDING ITEMS
* QTRLY PAYABLE GOLD PRODUCTION IN Q1 OF 2018 WAS 389,278 OUNCES AT PRODUCTION COSTS PER OUNCE OF $759
* TOTAL CAPITAL EXPENDITURES (INCLUDING SUSTAINING CAPITAL) IN 2018 REMAIN FORECAST TO BE APPROXIMATELY $1.08 BILLION
* PRODUCTION AND COST GUIDANCE REITERATED FOR 2018
* QTRLY REVENUES FROM MINING OPERATIONS $578.4 MILLION VERSUS $547.5 MILLION REPORTED LAST YEAR
* AGNICO EAGLE - FY PRODUCTION GUIDANCE UNCHANGED AT 1.53 MILLION OUNCES OF GOLD AT TOTAL CASH COSTS PER OUNCE OF $625-$675, AISC OF $890-$940 PER OUNCE
* Q1 REVENUE VIEW $544.8 MILLION -- THOMSON REUTERS I/B/E/S
* CO IS ASSESSING OPPORTUNITIES TO MONETIZE NON-CORE ASSETS
* HAS INITIATED A STRATEGIC REVIEW OF ITS COBALT PROPERTIES
* MONETIZING NON-CORE ASSETS, THAT INCLUDE WEST PEQUOP JV, SUMMIT AND PQX PROPERTIES IN NEVADA
* AGNICO EAGLE MINES - EXPECTS STRATEGIC REVIEW MAY RESULT IN SALE OF ALL OR A PORTION OF ITS COBALT PROPERTIES
* MONETIZING NON-CORE ASSETS, THAT INCLUDE COBALT MINING PROPERTIES IN COBALT SILVER DISTRICT IN ONTARIO
* ENTERED INTO AN DEAL WITH A UNIT OF NEWMONT MINING CORP
* AGNICO EAGLE MINES - NEWMONT TO PURCHASE AGNICO EAGLE'S 51% INTEREST IN WEST PEQUOP JV, CO'S INTEREST IN SUMMIT & PQX PROPERTIES IN NORTHEASTERN NEVADA
* AGNICO EAGLE MINES - UNDER NEWMONT DEAL, COMPANY WILL RECEIVE A CASH PAYMENT OF $35 MILLION