Kirkland Lake Gold’s ongoing surface drilling at the Fosterville gold mine near Bendigo, Victoria, has uncovered high-grade mineralisation that could become a second gold mine.
Australia’s gold mine output in the September quarter declined by five per cent to 78 tonnes, according to Melbourne-based mining experts, Surbiton Associates.
Kirkland Lake Gold is set to acquire Canada’s Detour Gold in a deal worth around $C4.9 billion ($5.4 billion).
The Victorian Government will favour mining companies that can demonstrate a commitment to engaging with Traditional Owners and boosting local jobs in a release of ground for gold exploration.
Legalisation of marijuana in North America has had a surprise but welcome effect on the other side of the world.
The Australian dollar gold price has moved above $2300 an ounce for the first time in history as fears surrounding the United States–China trade wars have again impacted global economic markets.
The romantic tale of Victoria’s resource rich landscape has entered into a new chapter, as junior and mid-tier companies explore the state’s unchartered depths.
Kirkland Lake Gold expects production at the Fosterville mine in Victoria to exceed its record quarterly levels in the remainder of the year.
Kalamazoo Resources is building momentum across its gold projects in Victoria through a set of exploration projects valued at $1.2 million.
Kirkland Lake Gold has raised its annual guidance for the second quarter in a row following strong results that included record production at the Fosterville mine in Victoria.
Kirkland Lake Gold has recorded record quarterly production at two of its gold mines, Fosterville in Victoria and Macassa in Ontario, Canada.
Swick Mining Services has considerably boosted its order book due to several new tender outcomes and contracts both in Australia and internationally.
Kirkland Lake Gold has adopted fleet management and mine production solution Pitram at its award-winning Fosterville gold operation in Victoria.
Kirkland Lake Gold could complete its rapid rise towards becoming a one million ounce a year gold producer sooner than the company previously expected.
Victorian gold mining is set for another boost with AuStar Gold on the verge of launching production from the historic Morning Star and Rose of Denmark mines.
Kirkland Lake Gold has continued to experience success at the Fosterville mine in Victoria, with a greater amount of high-grade quartz-veins than it previously estimated.
Kirkland Lake Gold has set a three-year production target across operations, including over 500,000 ounces of estimated output at the Fosterville mine in Victoria by 2020. The gold producer is confident in growing its combined production by 10–15 per cent every year over the next three years to reach one million ounces by 2021. Consolidated … Continue reading Kirkland Lake forecasts 570,000oz at Fosterville by 2021
The Fosterville gold mine in Victoria continues to be a star performer of Kirkland Lake Gold, which is set to achieve another production record this quarter and exceed its 2018 target output.
Australian gold production was only a few thousand ounces shy of the previous quarter, totalling 81 tonnes during the third quarter of 2018 and contributing to $16 billion in annual exports.
Kirkland Lake Gold’s Fosterville mine in Victoria is on track to reach its 2018 production guidance on the back of a record nine-month output.