PRECIOUS METALS

Kirkland's neat detour around Swan decline

Kirkland Lake boss Tony Makuch wasn’t too sure if he was talking about the moose or the kangaroo in the room at February’s investor call when dealing with the group’s December 31 reserves update.

Barry FitzGerald*
 Kirkland Lake CEO Tony Makuch

Kirkland Lake CEO Tony Makuch

Either way, Makuch was nervously referring to the 627,000oz depletion over (calendar) 2019 in the reserve base at the group's Fosterville gold mine in central Victoria, Australia. Reserve depletion...

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