Kirkland Lake profits hurt by higher expenses, lower production

Mineweb | March 16, 2011 | 1:58 pm Precious Metals Canada Gold 

Gold miner Kirkland Lake posted a quarterly profit that trailed estimates, hurt by higher expenses and lower-than-expected production, and cut its full-year production view. The company lowered its fiscal 2011 production view to 80,000-85,000 ounces of gold from 90,000-100,000 ounces.

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