Who owns Kirkland Lake gold?

Kirkland Lake Gold Inc. is a Canadian gold mining company, based in Toronto, that owns and operates several gold mines in Canada and Australia….Kirkland Lake Gold.

Does Kirkland Lake gold produce silver?

The bull market for silver and gold continues to spark exploration in the Kirkland Lake and Timiskaming area. The project area features the former Castle Mine, which operated intermittently between 1917 and 1989, producing 292,686,672 grams of silver and 376,053 pounds of cobalt from the No. 3 shaft.

What is mined in Kirkland Lake?

Kirkland Lake is an attractive town that reflects its mining heritage. The town is strung out along the “Mile of Gold”, a line of 7 major mines that yielded extraordinary wealth for over 80 years from one of the world’s largest deposits of gold.

Does Kirkland Lake gold mine copper?

Probable mineral reserves have been estimated at Upper Beaver of 8.0 million tonnes grading 5.43 g/t gold and 0.25% copper (containing 1.4 million ounces of gold and 19,980 tonnes of copper) as of December 31, 2020, and there are substantial indicated and inferred mineral resources.

Is Kirkland Lake Gold stock a good buy?

Kirkland Lake Gold has received a consensus rating of Buy. The company’s average rating score is 2.67, and is based on 7 buy ratings, 1 hold rating, and 1 sell rating.

Is Kirkland Lake Gold Canadian?

Kirkland Lake Gold Ltd is a Canada-based gold mining, development and exploration company. It has a diversified portfolio of assets located in the stable mining jurisdictions of Canada and Australia.

Does Kirkland Lake Gold pay a dividend?

(“Kirkland Lake Gold” or the “Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today announced that a quarterly dividend payment for the second quarter of 2021 (“Q2 2021”) of US$0.1875 per common share will be paid on July 14, 2021 to shareholders of record as of the close of business on June 30, 2021.

What is Kirkland Lake famous for?

Kirkland Lake was built on gold, but it is equally well known for producing world-famous hockey players. Indeed, legendary hockey broadcaster Foster Hewitt called Kirkland Lake “the town that made the NHL.” The town celebrated this via Hockey Heritage North which has been renamed in the meantime to Heritage North.

Is Kirkland Lake Safe?

There is virtually no crime in this area.

Does Kirkland pay dividends?

Kirkland Lake Gold pays an annual dividend of C$0.69 per share, with a dividend yield of 1.41%. Kirkland Lake Gold pays out 17.72% of its earnings out as a dividend.

Does gold pay a dividend?

Gold ETFs that hold the physical precious metal or that hold gold futures contracts do not offer dividend yields. Dividends are only available with equity-based gold ETFs that invest in the stocks of companies engaged in the gold industry.

What is in Kirkland Lake?

The top attractions to visit in Kirkland Lake are:

• Esker Lakes Provincial Park.
• Museum of Northern History.
• Kirkland Lake Miners’ Memorial.
• Kirkland Lake Golf Club.
• Kinross Pond.

Who is the owner of Kirkland Lake gold?

Kirkland Lake Gold obtained the Holt Complex assets through the acquisition of St Andrew Goldfields Ltd. in January 2016. The Holt Mine was built in the late 1980’s by Barrick. In 2019, the mine produced 113,952 ounces of gold, at an average grade of 4.4 g/t. The Holloway Mine was placed on care and maintenance in December 2016.

How big is the Kirkland Lake gold mine?

The milling operation is using a conventional gravity, cyanidation and carbon-in-pulp processing facility currently operating at approximately 60,000 tpd. The grinding circuit consists of two parallel lines, each having one twin pinion semi-autogenous (SAG) mill (36’X20′) and one twin pinion ball mill (26’X40.5′).

When does Kirkland Lake Gold go to reduced operations?

The new measures, which are in effect until April 30, 2020, follow the transition of the Detour Lake Mine to reduced operations effective March 23, 2020 (see press release dated March 22, 2020 for more information). The health and safety of employees is Kirkland Lake Gold’s number one priority.

Where is the Fosterville mine in Kirkland Lake located?

The mine is located in an area with well-developed infrastructure and is accessible by paved roads. Fosterville’s ore is processed at the Fosterville Mill, a 2,275 tonne per day processing facility.

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