
Canadian gold miner Kirkland Lake Gold Inc said its quarterly gold production rose 56 percent. Quarterly gold production rose to 23,466 ounces, from 14,995 ounces, a year earlier. The Ontario-based company said it produced a record 10,175 ounces of gold for the month of April.
Image by Kirkland Lake Gold
Gold miner Kirkland Lake posted a quarterly profit that trailed estimates, hurt by higher expenses and lower-than-expected production, and cut its full-year production view.
The company lowered its fiscal 2011 production view to 80,000-85,000 ounces of gold from 90,000-100,000 ounces.
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ONTARIO — Canada welcomes a new, high-grade gold mine, the South mine complex of Kirkland Lake Gold, into the ranks of producers….more at Canadian Mining Journal
Kirkland Lake Gold Inc.'s Macassa Mine, located in the prolific Kirkland Lake camp, is due to see a flurry of new mining activity from a recent commitment to bring the South Mine Complex into production…more at Northern Ontario Business
Orezone Gold Corporation (ORE:TSX) is pleased to announce that it has completed the sale of its Sega Gold Project ("Sega") in Burkina Faso to Cluff Gold plc (Cluff) for total consideration of approximately US$26.5M.