GOLD MINING: Kirkland Lake’s newest mine reaches commercial rate, wins MASHA trophy

Gold plunged 3% after Axios reported that Israel and Lebanon have accepted the terms of a ceasefire agreement.

The assay results follow initial reports of visible gold at Rhosgobel in early October.

The company has begun working towards the first PEA on the Altar project, to be completed in the second quarter of 2025.

The miner said the deal and other 2024 sales will raise $3.6 billion.