UPDATE 1-Kirkland Lake Gold to buy Detour Gold for C$4.89 bln in mining deal
November 25, 2019 at 06:34 AM EST
Canadian miner Kirkland Lake Gold Ltd said on Monday it would buy smaller rival Detour Gold Corp for about C$4.89 billion ($3.68 billion) in an all-stock deal, as it looks to scale up its mining operations and boost reserves.