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Kirkland Lake says Detour paying dividends

Kirkland Lake Gold says its January acquisition of Detour Gold to gain control of the Detour Lake mine is paying dividends with the Ontario operation accounting for more than 40% of the company’s 2020 free cash flow.

Henry Lazenby
Kirkland Lake Gold's Detour Lake mine, in Ontwario, Canada, carried the company during the September quarter

Kirkland Lake Gold's Detour Lake mine, in Ontwario, Canada, carried the company during the September quarter

Higher cost than Kirkland's standout high-grade Fosterville and Macassa mines, Detour produced 140,067oz gold at AISC of $1,259/oz in the September quarter ($1,090/oz in the previous quarter). The hub...

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