Join our daily newsletter At The Bell to receive exclusive market insights
- Kirkland Lake Gold (KLA) is reducing operations at its Holt and Macassa mines in Ontario until April 30, due to the ongoing COVID-19 pandemic
- The company has also withdrawn its 2020 guidance until normal operations recommence
- Operations will be fully suspended at the Holt Complex, while at Macassa, a reduced team will continue to focus on production and environmental management
- Earlier this month, the company reduced operations at its Detour Lake Mine, where an employee recently tested positive for COVID-19
- Kirkland Lake Gold shares are up 10.9 per cent on the ASX, trading for $51.84 each at 11:46 am AEDT.
