Kirkland Lake Gold provided a fiscal 2015 Q3 update which included the following key points:
- Production for Q3 was 39,722 ounces at a head grade of 0.44 ounces per ton, bringing year-to-date production to 116,600 ounces.
- Cash costs per ounce and all-in costs continue to decline both for Q3 and year-to-date compared to the same periods last year.
- Revenues increased 18% for Q3 and 24% year-to-date due to higher sales volumes and consistent gold prices. Cash flow from operations increased 85% for Q3 and 59% year-to-date.
- The company is on track to