Kirkland Lake (ASX:KLA) suspends operations at Holt and Macassa mines

14 April 2020 01:48 (AEST)

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The company has also withdrawn its 2020 guidance until normal operations recommence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.