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Where we Operate

Kirkland Lake Gold owns and operates 5 underground gold mines and 3 milling facilities across two prolific mining jurisdictions of Canada and Australia.

2019 Consolidated Outlook for Kirkland Lake Gold
Gold Production (kozs)1 950 - 1,000
Operating costs per ounce of gold sold2 $300 - $320
AISC per ounce of gold sold2 $520 - $560
Total operating costs2 $290 - $300 million
Sustaining capital2 $150 - $170 million
Growth Capital2,3 $155 - $165 million
Exploration and Evaluation US$100 - $120 million
Royalty cost US$25 - $30 million
Corporate general & administrative3 US$26 - $28 million

(1) Production and unit-cost guidance for 2019 does not include results for the Northern Territory.  
(2)    See “Non-IFRS Measures” set out starting on page 35 of the MD&A for the three and nine months ending September 30,2 018 for further details. The most comparable IFRS Measure for operating cash costs is production costs, as presented in the Consolidated Statements of Operations and Comprehensive Income, and total additions and construction in progress for sustaining and growth capital. Operating cash costs per ounce and AISC per ounce sold are comparable to production costs on a unit basis. Operating cash costs, operating cash cost per ounce sold and AISC per ounce sold reflect an average US$ to C$ exchange rate of 1.33 and a US$ to A$ exchange rate of 1.39. 
(3)  Includes general and administrative costs and severance payments. Excludes non-cash share-based payment expense.




  • 1 Macassa Mine
  • 2 Holt Mine
  • 3 Taylor Mine



  • 1 Fosterville Mine
  • 2 Cosmo Mine