Kirkland Lake Gold Ltd. (NYSE:KL) Q1 2020 Earnings Conference Call - Final Transcript

Apr 09, 2020 • 10:00 am ET


Kirkland Lake Gold Ltd. (NYSE:KL) Q1 2020 Earnings Conference Call - Final Transcript


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Good morning, ladies and gentlemen. My name is Amy, and I will be your conference operator today. I would like to welcome everyone to the Kirkland Lake Gold Conference Call and Webcast to Discuss First Quarter 2020 Production Results and the Company's Response to the COVID-19 Virus. [Operator Instructions]

With that, I would now like to turn the call over to Vice President of Investor Relations, Mark Utting.

Mark Utting

Thanks very much, operator, and good morning everyone. Welcome to our conference call and webcast. We're holding this call today to cover a few topics. First, we want to discuss our company's response to the COVID-19 crisis. We have taken extensive measures to protect our people and want to review them with you today. In addition, we will discuss our first quarter production results; quite a challenging environment. We have turned in a strong performance in Q1. We will also discuss the Detour acquisition and report on progress with the Detour integration plan. And finally, we will review some -- a number of business improvement initiatives that we are introducing at our three core assets, Detour, Macassa and Fosterville.

As these listed topics may suggest, we'll have a number of speakers today led by Tony Makuch, our President and Chief Executive Officer. Also speaking will be David Soares, our Chief Financial Officer; Duncan King, our Vice President, Australian Operations; Evan Pelletier, our General Manager, Kirkland Lake Operations; David Londono, our Detour Mine General Manager; Gord Leavoy, our Vice President, Mineral Processing; Natasha Vaz, our Vice President, Technical Services; and John Landmark, our Vice President, Human Resources. There are also other members of the management team on the phone as well.

As I'm sure many of you are, we are doing today's call remotely consistent with our COVID-19 health and safety protocols. After we go through the presentation, we'll then open the call to questions. We ask that each person limit themselves to two questions. The slide deck that we'll be referring to is available on our website both on the Home page and in the Events page. Before I get started, I'd like to direct everyone to slide two in the slide deck. Our remarks today may and likely will contain forward-looking information about future events related to our company. Please refer to slide two, as well as the forward-looking information section of our most recent management discussion and analysis, which is dated February 19 and available on our website. Also, during today's call, we may make reference to non-IFRS measures. A reconciliation of these measures is available in our most recent MD&A. Finally, I'll point out that all figures discussed today are in U.S. dollars unless otherwise stated.

With that, I'll now turn the call over to Tony Makuch, our President and Chief Executive Officer. Tony?

Anthony Makuch

Okay. Thanks Mark. Yeah, I know and this is a first time for us where we're doing the call as we are -- where we're all in a number of different locations. You have a number