July 29 (Reuters) - Agnico Eagle Mines Ltd AEM.TO :
* AGNICO EAGLE REPORTS SECOND QUARTER 2020 RESULTS - SUCCESSFUL RAMP UP OF OPERATIONS POST TEMPORARY COVID-19 SHUTDOWNS; 2020 PRODUCTION GUIDANCE INCREASED, CAPEX AND COST GUIDANCE MAINTAINED - OPERATIONS ON TRACK FOR STRONG SECOND HALF; CREDIT FACILITY NOW
* Q2 ADJUSTED EARNINGS PER SHARE $0.18 EXCLUDING ITEMS
* Q2 EARNINGS PER SHARE $0.44
* Q2 EARNINGS PER SHARE ESTIMATE $0.20 -- REFINITIV IBES DATA
* 2020 PRODUCTION GUIDANCE INCREASED, CAPEX AND COST GUIDANCE MAINTAINED
* CREDIT FACILITY NOW FULLY REPAID
* ANTICIPATE GENERATING SIGNIFICANT FREE CASH FLOW IN SECOND HALF OF 2020
* QTRLY PAYABLE GOLD PRODUCTION WAS 331,064 OUNCES AT PRODUCTION COSTS PER OUNCE OF $854, TOTAL CASH COSTS PER OUNCE OF $825
* EXPECTS TO REACH A MONTHLY PRODUCTION RATE IN JULY 2020 OF ABOUT 160,000 TO 170,000 OUNCES OF GOLD
* GOLD PRODUCTION IN 2020 IS NOW EXPECTED TO BE 1.68 TO 1.73 MILLION OUNCES
* QTRLY REVENUES FROM MINING OPERATIONS $557.2 MILLION VERSUS $526.6 MILLION