Canadian gold mining firm Agnico Eagle Mines has entered into definitive agreements to fully consolidate the Central Lapland Greenstone Belt in northern Finland through three separate transactions, establishing a multi-asset, long-term regional platform. The company will acquire Rupert Resources for approximately C$2.9 billion, purchase Aurion Resources in an all-cash deal valued at C$481 million, and buy B2Gold's 70% stake in the Fingold joint venture for C$325 million. Since Aurion holds the remaining 30% interest, Agnico will gain full ownership of Fingold upon completion of the transactions.

By integrating roughly 2,492 square kilometers of land, Agnico will connect its existing Kittilä mine, the largest primary gold mine in Europe, with Rupert's Ikkari gold project. With the removal of mineral rights boundary restrictions, the company plans to design larger-scale open-pit operations, which are expected to generate synergies of up to C$500 million.

Agnico CEO Ammar Al-Joundi stated that this strategy aligns with the company's successful model of building platforms in Canada. The company aims to develop Finland into a production hub capable of yielding approximately 500,000 ounces of gold annually over the next decade.

Following the announcement, shares of Rupert Resources surged more than 60%, while Aurion Resources rose about 44%. Agnico Eagle's stock experienced a slight decline. The transactions are anticipated to be finalized in the third quarter of 2026.