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5/27/19

Kirkland Lake (KL) gets to pay a nice royalty

News from Oz:

The Victorian Government plans to introduce a 2.75 per cent royalty to its gold miners, in line with all other Australian states.
Only small miners are exempt from the updated royalty.
In Victoria, a 2.75 per cent royalty rate already applies to all minerals other than lignite and gold.
Kirkland Lake Gold’s Fosterville mine is the state’s top producer of gold. In the March quarter, Fosterville produced 128,445 ounces of the precious metal. The Canadian company expects to (continues here)

And let us remember the special talent that is Casey Research, as noted on March 18th this year:




Bless em.