Kirkland Lake Gold

Kirkland Lake Gold: Among other things, the company blames interest and finance expenses in addition to increased depreciation and depletion costs, according to Times Colonist. The results come a week after Kirkland Lake Gold said it planned to reduce spending in the current fiscal year ending April 30, 2014 by $2.1 million to bring total annualized savings to about $5 million and KIRKLAND LAKE, Ont. - Kirkland Lake Gold Inc. TSX:KGI says it logged a net loss of $3.9 million, or six cents per share, in the second quarter, compared to a loss of $1.8 million, or three cents a share, in the same period last year. During the quarter, the mine produced 31,387 ounces of gold from 105,670 tons of ore. (www.immigrantscanada.com). As reported in the news.