KIRKLAND LAKE GOLD
MINING stewardship and sustainability is also a very important core value for us ; which is highlighted in our main energy conservation program . We take our social responsibility very seriously and subsequently invest in the community and groups when the right opportunities present themselves .”
A concrete example of how these values are applied to their employees includes the Company ’ s improved management : “ I think the management here is enjoying the new management style . I encourage collaboration amongst managers and staff , support and consider new ideas or suggestions on how we can improve . Now it ’ s much more of a partnership and collaborative process where we determine the targets and hold ourselves accountable and responsible for our results towards our targets . And we ’ re constantly monitoring , giving positive recognition and feedback when we ’ re doing well , as well as addressing weaknesses through discussion and action planning .”
Continuous Improvement Among the many factors that help keep Kirkland Lake among the leaders in the mining industry is their dedication to continuous improvement . This includes raising cut-off grades and stopping the practice of mining incremental tonnage , which is mineralization not in any reserve and resource category , but previously was mined when encountered .
Something that is unique to the Kirkland Lake Gold Camp is their high reserve grade of 0.44 ounces per ton . “ Prior to my appointment , mined grades were significantly below reserve grades . This was creating an adverse effect on costs and margin . Stopping this practice has increased our calendar year grade to 0.39 ounces per ton , a significant improvement over the 0.30 ounces per ton the Company was averaging prior to January 2014 ,” says Ogilvie .
The primary methods of achieving these particular results through continuous improvement include tighter dilution control , tighter scrutiny with onsite requests for capital ( managers required to show IRR , payback and NPV ’ s and other justifications on capital requests ),
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