Kirkland Lake Gold has exceeded its production guidance for the first quarter of 2021, at 302,847 ounces, following a record year in 2020.
Kirkland Lake Gold plans to invest $US75 million ($98 million) in environmental technology centres over each of the next five years to reduce its carbon footprint while embracing automation and digitisation.
Kirkland Lake Gold president and chief executive officer Tony Makuch has described 2020 as the company’s best year ever despite it withdrawing production guidance in April due to the COVID-19 pandemic.
Kirkland Lake Gold has continued growing its cornerstone assets in Australia and Canada, boosting its gold production by 41 per cent in the 2020 financial year.
Kirkland Lake Gold has reduced the bottom range of its 2021 production guidance on this year’s total after revealing it anticipates lower output from the Fosterville gold mine in Victoria.
Kirkland Lake Gold ramped up exploration during the third quarter of 2020, investing in the future of the Fosterville gold mine in Victoria.
Kirkland Lake Gold has reached new levels of production at its operations, positioning the company to achieve its full year 2020 guidance.
Kirkland Lake Gold has entered the second half of 2020 “well positioned” to achieve its full-year production guidance of 590,000 to 610,000 ounces of gold at the Fosterville mine in Victoria.
Kirkland Lake Gold is operating the Fosterville gold mine near Bendigo, Victoria at full levels of production, under newly introduced coronavirus health and safety protocols.
Kirkland Lake Gold has achieved a record fourth quarter at the Fosterville mine in Victoria that has contributed to what chief executive Tony Makuch calls the company’s “best year ever.”
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.
Kirkland Lake Gold is ramping up on growth projects at its Macassa and Fosterville gold mines in Canada and Australia.
Kirkland Lake Gold expects production at the Fosterville mine in Victoria to exceed its record quarterly levels in the remainder of the year.
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.
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.