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Stocks in play: Kirkland Lake Gold Ltd.

Baystreet.ca
·1 min read

Announced additional business reductions in response to the COVID-19 pandemic, including the temporary suspension of operations at the Holt Complex in Northern Ontario, and a move to reduced operations at the Macassa Mine in Kirkland Lake, Ontario. The new measures, which are in effect until April 30, 2020, follow the transition of the Detour Lake Mine to reduced operations effective March 23, 2020. The health and safety of employees is Kirkland Lake Gold’s number one priority. Workers impacted by the reductions being announced today will receive their base wages for the month of April. Kirkland Lake Gold Ltd. shares T.KL are trading up $3.68 at $45.20.

Read: COVID-19: Makers of Hand Sanitizers are Racing to Keep Up with Demand