KLA
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Company News
Gold’s divided market, sliding majors and rising juniors
Most of the big names in Australian gold mining have had a rough ride recently as the gold price has struggled to reclaim last year’s all-time high, but it’s a different story at the small end of the game where exploration success is the key to share price movement. The difference between producers and explorers […]
Looking elsewhere for golden value on the ASX
The gaze of ASX gold watchers has averted from the exploration minnows to the top end of town, after the stunning ‘merger of equals’ of Northern Star Resources (ASX: NST) and Saracen Minerals (ASX: SAR) that will create the world’s sixth biggest gold miner by market capitalisation. We say ‘stunning’ because no one really expected […]
Kirkland Lake lifts second quarter gold output by 54%
Kirkland Lake Gold (ASX: KLA) has managed to increase overall gold output in the second quarter, compared with the same period in 2019, even with COVID-19 measures in place. The Canadian-based company, which operates three mines in Ontario and the Fosterville mine near Bendigo in Victoria, produced 329,770oz in the three months to 30 June, […]
Kirkland Lake Gold continues to extend high-grade mineralisation at Fosterville and Macassa
Miner Kirkland Lake Gold (ASX: KLA) has released a swathe of exploration results to the market for both its Victoria-based Fosterville and Canadian-based Macassa operations, with Fosterville results highlighting an opportunity for a second mine at the Robbin’s Hill deposit. Drilling into the Robbin’s Hill deposit has confirmed the continuity of high-grade mineralisation at depth […]
Victorian goldfields stage resurgence as explorers flock on Fosterville nearology
A spike of gold activity in western Victoria has recently put the district back on the map, leading some industry punters to suggest the local gold sector is on the cusp of a major re-birth. The Victorian town of Ballarat first put the state on the map for its large gold endowment back in 1850s […]
Fosterville a standout performer for Kirkland Lake with record gold output
Canadian gold producer Kirkland Lake Gold (ASX: KLA) has posted record production at its Fosterville mine in Victoria for the first quarter of 2019 as a result of significantly higher average grades. Releasing its production results for the three-month period to the end of March today, the Fosterville operation remained a key standout performer for […]
Record gold production shores up Kirkland Lake Gold’s best-ever cash flow
Prevailing high gold prices and record operating results have proved a boon for Kirkland Lake Gold (ASX: KLA) which achieved its best-ever free cash flow for the March quarter of $93.1 million – up 85% on the previous corresponding period. During the March quarter 2019, Kirkland produced 231,879 ounces of gold, which was a 57% […]
Kirkland Lake Gold production reaches record high
Canadian gold producer Kirkland Lake Gold (ASX: KLA) has announced record levels of gold production for both the fourth quarter and full year of 2018, mainly driven by higher output at its Fosterville mine in Victoria, Australia, as well as its Macassa mine in Ontario. The company today reported total gold production reaching 230,993 ounces […]
Kidman Resources, Kirkland Lake Gold and Metro Mining bag 2018 Diggers & Dealers awards
Kidman Resources, Kirkland Lake Gold and Metro Mining each bagged a prestigious Diggers & Dealers award this year, with the trio finishing the three-day extravaganza basking in the lime light. The three-day event culminated in the final dinner and awards ceremony on Wednesday evening. Metro Mining’s (ASX: MMI) managing director and chief executive officer Simon […]
Could western Victoria become a world-class copper and gold mining province?
Sometimes all it takes for a lot of wealth to be created is for a fresh understanding of something that has always been there. That is particularly the case for western Victoria, which could well be on the cusp of becoming one of the world’s big copper and gold provinces, should the theory about very […]