Quantcast

Friday, September 3, 2010

Kirkland Lake starts production on South Mine complex

Email This Post Email This Post


April 21, 2009 by goldguru · Leave a Comment 

Kirkland Lake Gold has announced that it has commenced production on its South Mine complex.

In a new mining update, the firm revealed that increased production started on the property in March 2009.

Harry Dobson, Kirkland Gold chairman, said: "The operating team did a superb job recruiting, hiring and putting to work 150 new miners and underground workers in just two months."

He announced that production costs for March 2009, the first month of increased activity, were C$238 (£132) per tonne, below the firm’s target figure of C$250 per tonne.

Kirkland Lake Gold has set a production target at the South Mine complex of 100,000 ounces for the May 2009 to May 2010 fiscal year and has hired additional workers for the property.

Based in Kirkland Lake, Ontario, the gold mining company owns a portfolio of properties that have historically produced around 22 million ounces of gold in the Southern Abitibi Greenstone Belt of Canada.
The news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council.

Read more….


Speak Your Mind

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!