UPDATE 1-Australia's new gold rush lures prospectors Down Under [Reuters]
Kirkland Lake Gold Ltd. Common Shares (KL)
Last kirkland lake gold ltd. common shares earnings: 2/20 02:09 am
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Source: Reuters
UPDATE 1-Australia's new gold rush lures prospectors Down Under | Reuters Reuters Staff 4 Min Read * Canada’s Kirkland Lake Gold lists on ASX * Sees growth in far west Australia * Gold rush underway (Adds Kirkland ceo, analyst comments) By James Regan SYDNEY, Nov 30 (Reuters) - Canada-based Kirkland Lake Gold listed its shares on the Australia bourse on Thursday after investing millions of dollars and joining dozens of other prospectors in a modern-day gold rush. Kirkland Lake expects to produce a quarter-million ounces of gold in 2017 from a mine it bought a year ago in eastern Australia and is also dipping a toe into a tantalizing new gold region on the other side of the continent. More than 25 publicly-listed companies and legions of small prospectors are exploring for gold on the western fringe of Australia in an area known as the Pilbara, better regarded for iron ore. The target is gold occurring in clusters of pebbles and which investors such as Kirkland are betting will compare
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