Agnico Eagle Makes Waves: Avenir Minerals Acquires Fox River in Unexpected $94.3M Phosphate Play

In a move that has caught the North American mining sector by surprise, Avenir Minerals Limited — a subsidiary of Agnico Eagle Mines, the world's second-largest gold producer — announced on May 4, 2026 that it had entered into a definitive arrangement agreement to acquire Fox River Resources Corporation (CSE: FOX) in an all-cash transaction valued at approximately C$94.3 million. The post Agnico Eagle Makes Waves: Avenir Minerals Acquires Fox River in Unexpected $94.3M Phosphate Play appeared first on the deep dive.