Search results
Results from the WOW.Com Content Network
As it continued new exploration, it was able to begin extracting gold from the mine in 2003. [3] [4] Kirkland Lake Gold focused on developing its Macassa mine until 2015 when it acquired St. Andrew Goldfields with its three mines (named the Holt Complex) about 100 km from Kirkland Lake, in an all-stock deal worth $178 million. [5] [6]
The Miners Monument in Kirkland Lake, Ontario. The Kirkland Lake Miners' Memorial is a memorial in Kirkland Lake, Ontario, dedicated to the city's mining labourers.. During the 1930s the town's seven great gold mines (Macassa, Tough-Oaks, Kirkland Lake Gold, Lakeshore, Wright-Hargreaves, Teck-Hughes and Sylvanite) provided one million dollars to the province's economy and employed 4, 640 workers.
Gold was first discovered in 1906, in Swastika and Larder Lake but the first gold in the camp was produced at the Swastika mine in 1910. [5] Production was continuous for 90 years, until 2000 when the Macassa Mine was closed. [6] In 2002, Kirkland Lake Gold Inc. re-opened the Macassa Mine where they are currently producing gold.
The Fosterville mine in Australia and the Macassa mine in Canada will drive the improvement in production. Kirkland Lake Gold Ltd. (KL) jumped 2.27% to $24.34 on Tuesday after posting production ...
In late 2016, we see both oscillators in oversold territory once again and the price of gold was between $1,125 and $1,150 an ounce. Kirkland Lake Gold Is Bound to Resume Its Uptrend Skip to main ...
For premium support please call: 800-290-4726 more ways to reach us
Macassa Mines Ltd. was organized in 1926, which included the Elliott claims. Mill operations started in 1933 and acquired the United Kirkland Gold Mines Ltd. claims to the south. [4]: 54–55 The lake itself was gradually filled in by mill tailings, such that the water had disappeared by 1930. By 1960, 1,500 miles (2,400 km) of underground ...
For premium support please call: 800-290-4726 more ways to reach us