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Kirkland's Detour raises questions

Kirkland Lake Gold has received a mostly frosty reaction to its C$4.9 billion scrip takeover of Detour Gold.

Kristie Batten*
No Fosterville: The large, low-grade Detour Lake openpit gold mine in Ontario, Canada

No Fosterville: The large, low-grade Detour Lake openpit gold mine in Ontario, Canada

Detour, run by Australian Mick McMullen, owns the large but underperforming 600,000 ounce per annum Detour Lake mine in Ontario. Detour shares have more than doubled in the past 12 months, boosted by...

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