Kirkland Lake Gold (Kirkland Lake Gold) Construction In Progress : $530 Mil (As of Sep. 2021)

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What is Kirkland Lake Gold Construction In Progress?

Kirkland Lake Gold's quarterly construction in progress increased from Mar. 2021 ($312 Mil) to Jun. 2021 ($405 Mil) and increased from Jun. 2021 ($405 Mil) to Sep. 2021 ($530 Mil).

Kirkland Lake Gold's annual construction in progress increased from Dec. 2018 ($0 Mil) to Dec. 2019 ($192 Mil) and increased from Dec. 2019 ($192 Mil) to Dec. 2020 ($285 Mil).

Kirkland Lake Gold Construction In Progress Historical Data

The historical data trend for Kirkland Lake Gold's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Kirkland Lake Gold Construction In Progress Chart

Kirkland Lake Gold Annual Data

Trend

Apr11

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Dec16

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Dec19

Dec20

Construction In Progress

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191.52

284.79

Kirkland Lake Gold Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Construction In Progress	Get a 7-Day Free Trial															425.76	284.79	311.90	405.07	529.95

Kirkland Lake Gold Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Kirkland Lake Gold (Kirkland Lake Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kirkland Lake Gold Ltd (NYSE:KL) » Definitions » Construction In Progress

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Address

200 Bay Street, Suite 2800, Toronto, ON, CAN, M5J 2J1

Website

https://www.klgold.com

Kirkland Lake Gold Ltd is a Canada-based gold mining, development, and exploration company with a diversified portfolio of exploration projects. The production profile of the company includes the Macassa mine complex located in northeastern Ontario and the Fosterville gold mine located in the State of Victoria, Australia. Also, the company owns the Holt mine and the Detour mine. The company's mines and material mineral projects are located in Canada and Australia.