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.

Kirkland Lake Gold trialling computerised face drill at Macassa

Mining News Pro - In its recent investor presentation call, covering its Q1 2020 production review, Kirkland Lake Gold’s Natasha Vaz – Vice President, Technical Services, touched on some of the operational improvement initiatives that are being either trialled or implemented at several of its sites.

Kirkland Lake Gold withdraws 2020 guidance

Mining News Pro - Kirkland Lake Gold announced on Thursday more ramp downs in response to the covid-19 pandemic, including the temporary suspension of operations at the Holt Complex in Northern Ontario, and reduced operations at the Macassa Mine in Kirkland Lake.

Kirkland Lake Gold posts record quarterly production at Fosterville mine

Mining News Pro - Kirkland Lake Gold Ltd. (TSX:KL) (NYSE:KL) announced today that production across the company’s operations totaled 214,593 ounces in Q2 2019, driven by record quarterly production of 140,701 ounces at its Fosterville mine in Australia.

VRify partners with Kirkland Lake Gold to launch the KL Gold Deal Room

Mining News Pro - VRIFY has announced it has entered into agreement with Kirkland Lake Gold to launch of the KL Gold Deal Room to enhance the process of identifying and evaluating potential investment opportunities.

Record earnings, free cash flow for Kirkland Lake Gold in Q1

Mining News Pro - According to Q1 results, Kirkland Lake Gold is headed for a profitable 2019. The company said its cash position was up 25% to reach $83.9 million. Operating cash flow grew 95% to $174.4 million, and that resulted in record free cash flow of $93.1 million, an 85% jump from Q1 2018 and up 8% over Q4 2018.

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