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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.
Kirkland Lake had numerous mines, in the early years, including the Teck-Hughes (1917–1968), Lake Shore (1918–1968), Kirkland Minerals (1919–1960), Wright-Hargreaves (1921–1965), Sylvanite (1927–1961), Tough-Oakes-Burnside (later Toburn) (1913–1953), and Macassa Mine (1933–1999). The Kirkland Lake camp produced $636,667 worth of ...
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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 ...
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.
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