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Kirkland Lake still can't lose

A strong third quarter and record October production at its Fosterville mine in Australia have prompted Kirkland Lake Gold (CN: KL) to upgrade its guidance and raise its dividend, giving its already strong shares another boost.

Cameron French
Fosterville in Victoria, Australia

Fosterville in Victoria, Australia

Production in the quarter totaled 139,091oz of gold, down from 160,305oz in the second quarter, due to the suspension of the Cosmo mine in Australia. But the company said it produced a record 30,000oz...

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