Detour Lake high-grade assays expand resources for Agnico Eagle
Mining News Pro - Agnico Eagle Mines is well on its way to growing open pit resources at its Detour Lake gold mine 300 km northeast of Timmins, Ontario, with drill results returning high-grade intervals at the future West pit.
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Kirkland Lake adds 10Moz at Detour Lake
Mining News Pro - A new resource estimate for the Detour Lake gold mine, in Ontario, has added more than 10-million ounces to the project’s measured and indicated mineral resource.
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Drilling continues to bolster Kirkland Lake confidence in Detour Lake
Mining News Pro - Bullion miner Kirkland Lake Gold is continuing to have a great deal of success drilling at the Detour Lake mine, in Ontario, Canada, with the fifth batch of results from the recently announced 270 000 m exploration programme increasing its confidence in the asset.
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Kirkland Lake reveals mine plan for Detour Lake
Mining News Pro - Gold miner Kirkland Lake Gold has revealed signing production growth aspirations at its Detour Lake gold project, in Ontario.
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Kirkland Lake reports wide, high-grade intersections at Detour Lake
Mining News Pro - Kirkland Lake Gold announced results from 25 holes (19,523 m) and one wedge hole (1,110 m) of drilling at the Detour Lake property in Northern Ontario.
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Kirkland Lake’s results boosted by Detour mine
Mining News Pro - Canada’s Kirkland Lake Gold is happy with its acquisition of Detour Gold early this year, as it gained control of the Detour Lake mine in Ontario, which now accounts for more than 40% of the company’s 2020 free cash flow.
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Kirkland ‘extremely pleased’ with Detour contribution
Mining News Pro - The acquisition of the Detour Lake mine at the start of the year continues to buoy Canadian miner Kirkland Lake’s results, with the mine, located in Ontario, contributing substantially to the dual-listed miner’s free cash flow.
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Wallbridge, Kirkland Lake sign term sheet on Detour East JV
Mining News Pro - Wallbridge Mining has entered into a non-binding term sheet on a joint veture at its Detour East gold property in Quebec with Kirkland Lake Gold, which would potentially allow the gold producer to earn a 75% stake in the property by spending a total of C$35 million.
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Wallbridge signs term sheet with Kirkland over Detour East
Mining News Pro - Wallbridge Mining has announced a term sheet with fellow listed Kirkland Lake, granting the company the opportunity to earn 75% into its Detour East gold property.
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Kirkland Lake Gold sued in US over Detour purchase
Mining News Pro - Kirkland Lake Gold, the Canadian mining company, was sued on Monday in US federal court for allegedly defrauding shareholders about its business plans before its C$4.1-billion purchase of Detour Gold caused its stock to tumble.
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Fosterville, Detour Lake drive Kirkland Lake’s production boost
Mining News Pro - Kirkland Lake Gold has defied the odds, reporting strong production numbers at the Fosterville mine in Victoria amid the coronavirus.
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Kirkland wins shareholder backing for $3.3bn Detour takeover
Mining News Pro - Canadian miner Kirkland Lake Gold Ltd’s takeover offer of C$4.4 billion ($3.35 billion) for rival Detour Gold Corp won shareholders’ support at both companies on Tuesday, a person familiar with the votings said.
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Kirkland Lake buying Detour Gold in stock deal worth $3.7-billion
Mining News Pro - Canada’s Kirkland Lake Gold is buying smaller rival Detour Gold in an all-stock deal worth C$4.9 billion ($3.7 billion) that boosts the already large list of mergers and acquisitions to have swept the sector this year.
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Detour Gold stock hits two-month high on strong Q3 results
Mining News Pro - Shares of Detour Gold surged over 11% to a two-month high on Friday following the release of the company’s third quarter operational and financial results. For the quarter in review, the Toronto-based gold miner reported adjusted earnings of $35.3 million, compared to a net loss of $1.5 million in the same quarter last year, beating analysts’ estimates.
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Detour Gold, Golden Star, Quaterra, Sherritt, and Taseko Mines
Mining News Pro - Patrice Merrin is the new chair of Detour Gold Corp. in Toronto. She is currently a director of Glencore plc, and has held numerous other executive and board positions in the resource sector.
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Detour Gold, Nevsun, Strongco, and Taseko
Mining News Pro - Detour Gold Corp. of Toronto has named Bill Williams as interim CEO, following the resignation of Michael Kenyon. The company is seeking a permanent executive.
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Detour Gold names Paulson backed Bill Williams as interim CEO
Mining News Pro - Detour Gold said on Thursday it has picked Paulson & Co-backed nominee Bill Williams to be its interim CEO, replacing Michael Kenyon.
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Detour Gold, New Energy Metals, SNC-Lavalin and Sniper Resources
Mining News Pro - Following a drawn-out proxy fight, Toronto-based Detour Gold Corp. has reconstituted its board of directors.
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Second activist targets Canadian miner Detour, seeks board changes
Mining News Pro - hedge fund Livermore Partners has called for an overhaul of the board at Detour Gold Corp and a strategic review, becoming the second activist to target the Canadian mining company.
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Detour Gold refreshes board with three new appointments
Mining News Pro -TSX-listed Detour Gold has appointed three new directors in a move to augment its board’s experience and expertise in large-scale openpit mining ahead of a December 11 shareholders meeting to vote on a replacement of the company’s board.
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Detour Gold sets date for special meeting
Mining News Pro - Intermediate gold producer Detour Gold has called a special shareholders meeting for December 11, in response to a requisition from hedge fund manager firm Paulson & Co.
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