Mine grades at Meadowbank were 22% higher in the third period versus the same time last year because of reduced ore dilution and higher-than-expected grades in the Goose pit.

FORBES: Production At Agnico-Eagle's Meadowbank Mine Drives Performance

But the company has been facing difficulties in the recent past with lower quality copper ore, resulting in reduced production levels for the company.

FORBES: Metals Still Strong Enough To Lift Freeport To $60

India is expected to become a net iron-ore importer in the fiscal year that began April 1 because of reduced output, but Thursday's order could mean a gradual turnaround in the situation.

WSJ: Court Eases Mining Ban in Karnataka