TORONTO - Agnico-Eagle Mines Ltd. (TSX:AEM) said Monday it has signed a deal to increases its credit lines to US$900 million.

The gold miner said it has signed a deal for a new non-amortizing US$600-million revolving credit facility, maturing June 2012, that will replace a $300-million tranche of the company's credit lines that would have matured September 2010.

Including its remaining $300-million tranche of the pre-existing credit facilities, maturing January 2013, the Agnico-Eagle said it now has $900 million of credit lines.

The company also said it has signed a deal for an unsecured C$95 million bonding facility with Export Development Canada.

This facility matures June 2014 and will be used to provide letters of credit for environmental obligations or in relation to license or permit bonds.