As gold holds near $3,300 an ounce and central banks continue historic accumulation, Agnico Eagle CEO Ammar Al-Joundi joins Kitco News to discuss why sovereign demand is reshaping the market—and what it means for the mining sector. Filmed on site at the 2025 Rule Symposium in Boca Raton, this exclusive interview covers jurisdictional strategy, capital discipline, and long-term resource security.
Al-Joundi addresses Agnico’s strong cash flow, outlines why the Arctic is becoming a strategic economic front, and explains why “you can’t move a mine” when political risk escalates. He also breaks down the future of M&A, investor interest in miners, and how disciplined growth across the sector—not just Agnico—is key to unlocking broader capital inflows.
Special thanks to our sponsor, G mining Ventures, for making this coverage possible. To learn more, visit:
Key topics:
-Why central banks are replacing U.S. dollars with gold
-Agnico’s strategy for growth and capital discipline
-The rise of the Canadian Arctic in global mining
-Jurisdictional risk premiums in a post-dollar world
– What’s next for gold equities and investor positioning
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00:00 Introduction
00:35 Central Bank Gold Demand
01:05 Agnico Eagle’s Performance
01:16 Interview with Ammar Junee
01:58 Gold’s Long-Term Performance
02:22 Sovereign Demand and Market Stability
05:04 Agnico Eagle’s Financial Health
06:32 Future Growth and Strategy
14:14 Conclusion
#Gold #MiningStocks #AgnicoEagle #PeterGrosskopf #RuleSymposium #Commodities #NaturalResources #JurisdictionalRisk #MonetaryReset
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The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.
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13 Comments
Go Agnico . Cool .
Too strategic to fail’ isn’t something you hear often about gold—but when central banks and CEOs are saying it, it’s worth listening. Are you treating gold as a core holding or just a hedge?
In the 1970s I received weekly cals from Paul Penna, God rest his Soul.
Because Gold is God's money!
US have always weaponised the dollar. The difference they cannot hide it anymore. And of course the US is weaker than before and tries to compensate it by more agresivity and injustice. Cutting Swift, holding other countries gold and assets, the tarif$, political pressure etc. And always more debts and military budget. Will it work ?
Great company in gold. I got my aem shares when they bought Yamana
Agnico will soon be reporting earnings
The more I hear from Ammar Al-Joundi the more I like him and the more I like being an Agnico-Eagle shareholder
The SWIFT system is European not American.
Russia wasn't kicked out of SWIFT within 24 hours, not a nice way to start an interview stating wrong facts. EU agreed to kick out Russia on March 2nd and officially kicked out Russian Banks from SWIFT on March 12th, that means 18 days after the invasion started, not 24 hours, get your facts straight.
China has WAY more than 34 tonnes😅
What will happen to gold stocks once the general markets collapse
Biggest holding is Agnico Eagle