Fosterville costs up after Victorian royalty rise

KIRKLAND Lake Gold’s March quarter net earnings of US$202.9 million were 20% up on the previous three months and 84% higher year-on-year, reflecting stronger gold prices and a 18% quarter-on-quarter bump-up in production to 331,000oz.

Fosterville costs up after Victorian royalty rise Fosterville costs up after Victorian royalty rise Fosterville costs up after Victorian royalty rise Fosterville costs up after Victorian royalty rise Fosterville costs up after Victorian royalty rise

Kirkland Lake Gold's Fosterville mine in Australia underpinned a strong production profile during the first quarter of 2020

Fosterville in Victoria was again the star of the show as the company's Canadian operations were impacted by COVID-19.

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