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Statements

Subject Item
dbr:Kirkland_Lake_Gold
rdf:type
dbo:Organisation dbo:Agent dbo:Company n12:Agent owl:Thing n12:SocialPerson schema:Organization wikidata:Q43229 wikidata:Q4830453 wikidata:Q24229398
rdfs:label
Kirkland Lake Gold
rdfs:comment
Kirkland Lake Gold Inc. was a Canadian gold mining company, based in Toronto, that owned and operated several gold mines in Canada and Australia. It was founded in 1988 as Goldpac Investments, and then operated as Brimstone Gold Corp. between 1994 and 1999, as a consulting and investment company in the gold mining industry. The company was re-named Foxpoint Resources Ltd. as it sought to acquire and develop its own gold mining property. In 2001, the Vancouver-based Foxpoint Resources purchased several mining properties from the Kinross Gold around Kirkland Lake, Ontario. The $5 million purchase included several former mines: Macassa Mine, Lakeshore Mine, Wright Hargreaves and Teck Hughes. The company re-named itself again as Kirkland Lake Gold and re-commissioned the underground Macassa Mi
foaf:name
Kirkland Lake Gold Inc.
foaf:homepage
n8:
dbp:name
Kirkland Lake Gold Inc.
dct:subject
dbc:Companies_formerly_listed_on_the_Australian_Securities_Exchange dbc:Companies_formerly_listed_on_the_New_York_Stock_Exchange dbc:2022_mergers_and_acquisitions dbc:Companies_based_in_Toronto dbc:Gold_mining_companies_of_Canada dbc:Companies_formerly_listed_on_the_Toronto_Stock_Exchange
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63093656
dbo:wikiPageRevisionID
1117283278
dbo:wikiPageWikiLink
dbr:Detour_Gold dbr:Gold dbr:Stock_market_index dbc:2022_mergers_and_acquisitions dbr:Kinross_Gold dbr:Canada dbr:Chief_Executive_Officer dbr:Fosterville_Gold_Mine dbr:Kirkland_Lake dbc:Companies_based_in_Toronto dbr:Toronto dbc:Gold_mining_companies_of_Canada dbr:Agnico_Eagle_Mines_Limited dbr:Northern_Territory n11:TSX_60 dbr:Stawell_Gold_Mine dbr:Ontario dbr:Gold_mining dbr:Australian_Securities_Exchange dbr:Mining_engineering dbr:Activist_shareholder dbr:Public_company dbr:Abitibi_gold_belt dbr:Largest_gold_companies dbr:Carbon_footprint dbr:Victoria_(Australia) dbc:Companies_formerly_listed_on_the_Toronto_Stock_Exchange dbc:Companies_formerly_listed_on_the_Australian_Securities_Exchange dbc:Companies_formerly_listed_on_the_New_York_Stock_Exchange
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dbt:End_date dbt:Reflist dbt:TSX_was dbt:Authority_control dbt:Infobox_company
dbp:fate
Merged with Agnico Eagle Mines Limited
dbp:founded
1988-07-27
dbp:founders
Brian Hinchcliffe and Harry Dobson
dbp:homepage
n8:
dbp:hqLocationCity
dbr:Ontario dbr:Toronto
dbp:hqLocationCountry
dbr:Canada
dbp:industry
dbr:Mining_engineering
dbp:keyPeople
George Ogilvie, CEO , Brian Hinchcliffe, CEO , Anthony Makuch, CEO
dbp:logoSize
260
dbp:products
dbr:Gold
dbp:tradedAs
NYSE:KL
dbp:type
dbr:Public_company
dbo:abstract
Kirkland Lake Gold Inc. was a Canadian gold mining company, based in Toronto, that owned and operated several gold mines in Canada and Australia. It was founded in 1988 as Goldpac Investments, and then operated as Brimstone Gold Corp. between 1994 and 1999, as a consulting and investment company in the gold mining industry. The company was re-named Foxpoint Resources Ltd. as it sought to acquire and develop its own gold mining property. In 2001, the Vancouver-based Foxpoint Resources purchased several mining properties from the Kinross Gold around Kirkland Lake, Ontario. The $5 million purchase included several former mines: Macassa Mine, Lakeshore Mine, Wright Hargreaves and Teck Hughes. The company re-named itself again as Kirkland Lake Gold and re-commissioned the underground Macassa Mine. As it continued new exploration, it was able to begin extracting gold from the mine in 2003. Kirkland Lake Gold focused on developing its Macassa mine until 2015 when it acquired St. Andrew Goldfields with its three mines (Holt Complex) about 100 km from Kirkland Lake, in an all-stock deal worth $178 million. Pressure from activist shareholders seeking more aggressive expansion led to changes in management to expand the company's holdings. Later that year, the company acquired Vancouver-based Newmarket Gold Inc., which owned the Cosmo mine in the Northern Territory and the Fosterville and Stawell Gold Mines in Victoria, Australia, for $1.01-billion in stock. Kirkland Lake Gold listed stocks on the Australian Securities Exchange effective November 30, 2017. On the Toronto Stock Exchange, Kirkland Lake Gold was promoted to the S&P/TSX 60 index effective September 23, 2019. Within a few months, the company acquired Detour Gold in a $4.9-billion purchase. In February 2022, Kirkland Lake Gold merged with Agnico Eagle Mines Limited in an all-stock deal with Kirkland's stocks being delisted.
prov:wasDerivedFrom
wikipedia-en:Kirkland_Lake_Gold?oldid=1117283278&ns=0
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7772
dbo:fate
Merged withAgnico Eagle Mines Limited
dbo:foundingDate
1988-07-27
dbo:foundingYear
1988-01-01
dbo:industry
dbr:Mining_engineering
dbo:keyPerson
dbr:Chief_Executive_Officer
dbo:locationCity
dbr:Ontario dbr:Toronto
dbo:locationCountry
dbr:Canada
dbo:product
dbr:Gold
dbo:type
dbr:Public_company
foaf:isPrimaryTopicOf
wikipedia-en:Kirkland_Lake_Gold