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Kirkland Lake sets 1.3-1.4 moz production target for 2021

Dec 11, 2020

Source: https://www.mining.com/kirkland-lake-sets-1-3-1-4-moz-production-target-for-2021/

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The Fosterville gold mine in Australia. Credit: Kirkland Lake Gold

Kirkland Lake Gold (TSX:KL) (NYSE:KL) (ASX:KLA) has set its full year production guidance at between 1.3-1.4 million ounces for 2021, driven by strong growth at its Detour Lake mine in Ontario.

This is nearly identical to the company’s 2020 production target of 1.35-1.4 million ounces, though next year’s guidance will not include the Holt Complex, which is now on care and maintenance.

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The Fosterville gold mine in Australia. Credit: Kirkland Lake Gold

Kirkland Lake Gold (TSX:KL) (NYSE:KL) (ASX:KLA) has set its full year production guidance at between 1.3-1.4 million ounces for 2021, driven by strong growth at its Detour Lake mine in Ontario.

This is nearly identical to the company’s 2020 production target of 1.35-1.4 million ounces, though next year’s guidance will not include the Holt Complex, which is now on care and maintenance.

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