Kirkland Lake lifts free cash flow on higher production, prices

Midtier gold miner Kirkland Lake Gold has lifted free cash flow for the second quarter ended June 30 to C$31.9-million, compared with C$3.1-million during the comparable period a year earlier. The company’s performance was boosted by higher realised gold prices, lower all-in sustaining costs (AISC) and increased output and sales as a result of the additional production from the Holt-Holloway and Taylor mines the company acquired through the acquisition of St Andrew Goldfields in January.