Kirkland Lake's Canadian, Australian ops produce more gold than expected

Both Kirkland Lake Gold’s Canadian and Australian assets have beaten the top ends of their respective 2016 production guidance, highlighting the company’s position as a midtier miner producing consolidated pro forma gold of 542 751 oz in 2016. The Toronto-headquartered miner, which closed two significant acquisitions in 2016 – St Andrew Goldfields and Newmarket Gold – said on Monday that its Canadian operations saw total gold output of 303 027 oz, with attributable production reaching 295 838 oz, more than what the 2016 budget of 270 000 oz to 290 000 oz planned for.