It is well established that Victoria’s mining prospects are receiving a surge in interest, with a number of projects in the pipeline that are ready to move the state into new possibilities as one of the country’s vital mining jurisdictions.
Kirkland Lake Gold has uncovered more high-grade results from its underground drilling programs at the Fosterville gold mine near Bendigo in Victoria.
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.
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Kirkland Lake has reported a surge in gold sales off the back of a record quarter at its Fosterville mine where it achieved “higher than expected grades.”
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.
The gold spot price has reached just over $US1300 ($1814) for the first time since May 2018.
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Evolution Mining executive chair Jake Klein believes the gold industry is suffering from “cognitive bias” regarding prices for the precious metal.
Australian Mining looks over the latest mineral resources strategy from the Victorian Government, which aims for a spend of $220 million over the next five years.
Kirkland Lake Gold has increased its stake in Canada-based Osisko Mining by acquiring almost 15 million common shares for around $CAD25 million ($27 million) in cash.
Kirkland Lake Gold has decided to go to arbitration against Toronto-listed Centerra Gold, claiming the latter’s sale of a royalty portfolio was in breach of an agreement.
Dual-listed gold miner Kirkland Lake Gold has reported exploration results from both surface and underground drilling at its Taylor mine in northeast Ontario, Canada, returning huge results in the process.
Kirkland Lake Gold has awarded Veolia Water Technologies a contract to design and supply a reverse osmosis plant to reduce the chloride levels in the water stream at the Fosterville gold mine in Victoria.
Following the posting of record-breaking quarterly and annual company results in January, Kirkland Lake Gold has released its latest quarterly (Q1) figures, showing growth of 13 per cent compared with Q1 results for the previous year.