Diggers & Dealers 2018 Awards

THE CONFERENCE CALLER: Diggers & Dealers ends up each year with the gala dinner with the Forum’s award winners announced.

 

DIGGER AWARD
Canadian-based Victorian-operating interloper, Kirkland Lake Gold picked up the Digger Award following a year that saw the company increase its mine production by 70 per cent over the 12-month period, while treating 22 per cent ore.

All from a mine that has operated for several years, the Fosterville gold mine.

In 2012 the mine produced some 90,000 ounces at 4.4 grams per tonne.

In 2017 it produced 264,000 ounces at 15.8g/t with 2018 accounting for 141,000 ounces at the higher grade of 20.5g/t.

The success of the mine has been credited with re-igniting interest in gold in Victoria.

DEALER AWARD
The Dealer Award stayed in Western Australia and will grace the trophy cabinet of Kidman Resources.

The lithium producer struck a Joint Venture with Chilean giant SQM by giving up 50 per cent of the company’s Mt Holland lithium project.

When the deal was announced Kidman had a market cap of $183 million.

Today it sits around the $600 million mark, having fallen back from knocking on the door of $1 billion earlier this year.

This was followed by it becoming a Level-2 Lead Agency, granted by the WA government.

Kidman also signed an offtake agreement with electric vehicle manufacturer Tesla.