With Lapa, Kittila and Pinos Altos achieving commercial production in 2009, AEM’s five operating mines produced a record 492,972 ounces of gold, up 78% over 2008. Despite commissioning and ramp-up expenditures, total cash costs per ounce of gold of $347 continued to place AEM’s gold production in the lowest quartile of cash costs in the industry. We also strengthened our ties to the communities in which we operate.


