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Source: Detour Lake A Conflicting Interest: Owning the company versus controlling it The Toronto-based Kirkland Lake Gold (KL) is possibly the most compelling mid-tier gold miner that we can find in the gold industry. Some will call the miner an incredible growth stock, and it is easy to...
International miner Kirkland Lake Gold (TSX: KL ,NYSE:KL,ASX:KLA) will fork over C$4.9 billion to acquire Canadian producer Detour Gold’s (TSX: DGC ,OTC Pink:DRGDF) cornerstone asset the Detour Lake mine in Ontario. The merger will help Kirkland retain its position as one of the larg...
Kirkland Lake Gold (NYSE: KL ) CEO Tony Makuch sought to assure investors today that the company's planned C$4.9B acquisition of Detour Gold ( OTCPK:DRGDF ) would not increase its costs, but shares sank 17.2% in today's trade. More news on: Kirkland Lake Gold Ltd., Detour Gold Corporat...
Shares of Kirkland Lake Gold (NYSE: KL) tumbled more than 15% by 10:30 a.m. EST on Monday. Driving down the gold mining stock was the announcement that it's buying fellow Canadian gold miner Detour Gold (OTC: DRGDF) . That news, on the other hand, sent Detour's shares up almost 10% at o...
Kirkland Lake Gold (NYSE: KL ) agrees to acquire smaller Canadian rival Detour Gold ( OTCPK:DRGDF ) for C$4.89B (C$3.68B) in an all-stock deal. More news on: Kirkland Lake Gold Ltd., Detour Gold Corporation, Commodities news, Merger & acquisition news, Read more ...
Canada’s S&P/TSX Composite Index (INDEXTSI: OSPTX ) was at 17,028.96 last Friday (November 15), up 56.78 points on the day. It was at 16,877.42 the same time the week before. Global news was focused on US political happenings and Hong Kong’s economy , &...
Detour Gold Corporation (DRGDF) Q3 2019 Earnings Conference Call November 15, 2019 10:00 AM ET Company Participants Mick McMullen - President and CEO Jaco Crouse - CFO Conference Call Participants Mike Parkin - National Bank Financial Daniel McConvey - Rossport Investments ...
The following slide deck was published by Detour Gold Corporation in conjunction with their 2019 Q3 earnings Read more ...
Detour Gold ( OTCPK:DRGDF ): Q3 Non-GAAP EPS of $0.20; GAAP EPS of -$0.07. More news on: Detour Gold Corporation, Earnings news and commentary, Read more ...
Detour Gold ( OTCPK:DRGDF ) executed a third amendment and restatement of its existing credit agreement, to provide for a new $400M senior secured revolving credit facility, with a four-year term, maturing September 2023. More news on: Detour Gold Corporation, Commodities news, Read ...
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The last 12 months have seen a flurry of activity in the gold sector with record-setting mergers and acquisitions (M&A), deposit discoveries and project ramp ups. With the gold price climbing by 15 percent in 2019, gold miners, producers and explorers are hoping the bull market leads to inc...
In what will likely be one of the last major acquisitions of 2019, diversified miner Zijin Mining (OTC Pink: ZIJMF ,HKEX:2899) has entered into a definitive agreement to acquire Canadian company Continental Gold (TSX: CNL ,OTCQX:CGOOF) for C$1.4 billion. The deal focuses around Co...
Play Video Interview by Charlotte McLeod ; article by Scott Tibballs . Alain Corbani, who is head of finance at Finance SA, said that the C$4.9 billion Kirkland Lake (TSX: KL ,NYS...