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Klondex Mines Ltd (KDX.TO)

KDX.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Klondex Reports First Quarter 2018 Operating Results
Wednesday, 25 Apr 2018 04:30pm EDT 

April 25 (Reuters) - Klondex Mines Ltd ::KLONDEX REPORTS FIRST QUARTER 2018 OPERATING RESULTS.KLONDEX MINES LTD - MINED 49,873 GOLD EQUIVALENT OUNCES IN QUARTER.KLONDEX MINES LTD - PRODUCED 43,525 GEOS IN QUARTER.KLONDEX MINES LTD - SOLD 42,541 GEOS IN QUARTER.  Full Article

Hecla to buy Klondex Mines Ltd for $462 mln
Monday, 19 Mar 2018 03:01am EDT 

March 19 (Reuters) - Klondex Mines Ltd ::HECLA TO ACQUIRE THREE HIGH-GRADE NEVADA GOLD MINES WITH THE ACQUISITION OF KLONDEX MINES LTD..HECLA WILL ACQUIRE KLONDEX FOR CONSIDERATION OF US$462 MILLION WITH A MIX OF CASH AND SHARES OF HECLA COMMON STOCK​.‍KLONDEX'S CANADIAN ASSETS WILL BE SPUN OUT TO ITS EXISTING SHAREHOLDERS​.‍HECLA WILL BUY ALL OUTSTANDING SHARES OF KLONDEX, THROUGH A PLAN OF ARRANGEMENT​.‍KLONDEX'S SHAREHOLDERS WILL RECEIVE US$2.47 PER SHARE IN CASH OR SHARES OF HECLA​.‍TRANSACTION IS STRUCTURED TO MINIMIZE DILUTION AND IS EXPECTED TO BE ACCRETIVE ON MOST IMPORTANT FINANCIAL AND OPERATING METRICS​.‍CERTAIN MEMBERS OF KLONDEX'S BOARD AND MANAGEMENT TEAM WILL CONTINUE ON AT KLONDEX CANADA​.‍HECLA WILL SUBSCRIBE FOR $7.0 MILLION OF COMMON SHARES OF NEW KLONDEX IN EXCHANGE FOR A 13.46% EQUITY INTEREST.  Full Article

Klondex Qtrly ‍loss Per Share $0.04
Wednesday, 14 Mar 2018 05:20pm EDT 

March 14 (Reuters) - Klondex Mines Ltd ::KLONDEX REPORTS FOURTH QUARTER AND FULL-YEAR 2017 FINANCIAL RESULTS.KLONDEX MINES LTD - ‍EXPECTS TO PRODUCE BETWEEN 186,000 AND 202,000 GEOS DURING 2018​.KLONDEX MINES - MINED A TOTAL OF 55,893 GOLD EQUIVALENT OUNCES , WITH PRODUCTION OF 47,619 GEO'S IN QUARTER.KLONDEX MINES LTD - Q4 NET LOSS WAS NEGATIVELY IMPACTED BY $8.9 MILLION FOR INCOME TAX EXPENSE RELATED TO TAX REFORM.KLONDEX MINES LTD - QTRLY ‍LOSS PER SHARE $0.04.KLONDEX MINES - EXPECT PRODUCTION COULD VARY 5,000 TO 10,000 GEOS BETWEEN HIGHEST AND LOWEST PRODUCING QUARTERS IN 2018.KLONDEX MINES LTD - QTRLY REVENUE $63.3 MILLION VERSUS $56.1 MILLION.KLONDEX MINES - TOTAL ALL-IN SUSTAINING COSTS (AISC) ARE PROJECTED TO BE BETWEEN $940 AND $990 PER GOLD OUNCE SOLD FOR 2018.KLONDEX MINES LTD - TOTAL 2018 CAPITAL EXPENDITURES ARE EXPECTED TO BE $48 TO $56 MILLION.  Full Article

Klondex Increases Credit Facilities To $45 Mln
Thursday, 22 Feb 2018 04:15pm EST 

Feb 22 (Reuters) - Klondex Mines Ltd ::KLONDEX INCREASES CREDIT FACILITIES TO $45 MILLION, COMPLIMENTING 2018 CASH FLOW INITIATIVES; COMPANY MANAGEMENT TO PARTICIPATE IN THE BMO GLOBAL METALS AND MINING CONFERENCE.KLONDEX MINES LTD - HAS INCREASED ITS REVOLVING CREDIT FACILITIES BY $10 MILLION TO $45 MILLION.  Full Article

Klondex Reports 2017 Production Results And Provides 2018 Guidance
Thursday, 1 Feb 2018 08:35pm EST 

Feb 1 (Reuters) - Klondex Mines Ltd ::KLONDEX REPORTS 2017 PRODUCTION RESULTS AND PROVIDES 2018 GUIDANCE; ANNOUNCES POSTPONEMENT OF INVESTOR DAY.QTRLY ORE TONS MINED 185,325.‍COMPANY EXPECTS TO PRODUCE BETWEEN 186,000 AND 202,000 TOTAL GEOS DURING 2018 AT AN EXPECTED CASH COST OF $675 TO $725 PER GEO SOLD​.THE COMPANY ANTICIPATES ITS 2018 CAPITAL EXPENDITURES TO BE BETWEEN $48 MILLION AND $56 MILLION‍​.‍ANTICIPATED THAT FY2018 PRODUCTION COULD VARY 5,000 TO 10,000 OUNCES BETWEEN HIGHEST AND LOWEST PRODUCING QUARTERS​.  Full Article

Klondex Announces Reduction In Underground Operations And Workforce At True North
Tuesday, 9 Jan 2018 06:34pm EST 

Jan 9 (Reuters) - Klondex Mines Ltd ::KLONDEX ANNOUNCES A REDUCTION IN UNDERGROUND OPERATIONS AND WORKFORCE AT TRUE NORTH AND EXECUTIVE MANAGEMENT CHANGE.SAYS ‍PRELIMINARY FY 2017 GOLD OUNCE PRODUCTION FROM TRUE NORTH IS ESTIMATED TO BE ABOUT 24,000 - 27,000 OUNCES​.SAYS ‍DECIDED TO LIMIT UNDERGROUND MINING AT TRUE NORTH​ TO AREAS ALREADY DEVELOPED.SAYS ‍TRUE NORTH MINE WILL BE PLACED ON CARE AND MAINTENANCE STATUS AFTER DEVELOPED AREAS ARE MINED TO REVIEW STRATEGIC OPTIONS​.  Full Article

Klondex posts Q3 loss of $0.08 per share
Thursday, 9 Nov 2017 04:30pm EST 

Nov 9 (Reuters) - Klondex Mines Ltd :Klondex reports third quarter 2017 financial results; reiterates full-year total company production guidance of 213,000 - 230,000 geos at production cash cost of $675 - $700 per geo sold.Qtrly diluted net loss per share $0.08‍​.Qtrly revenues $48.9 million versus $55.6 mln‍​.Mined a total of 54,172 gold equivalent ounces in quarter​.Guidance for 2017 site capital expenditures unchanged with an additional $7 million - $9 million to be spent on district, near mine exploration​.  Full Article

Klondex ‍mined a total of 54,166 gold equivalent ounces in Q3
Thursday, 19 Oct 2017 08:55pm EDT 

Oct 19 (Reuters) - Klondex Mines Ltd ::Klondex reports third quarter operating results; reiterates full-year total company production guidance of 213,000 - 230,000 geos.Klondex Mines Ltd - ‍mined a total of 54,166 gold equivalent ounces in Q3 ​.Klondex Mines Ltd - in Q3, ‍produced and sold a total of 40,818 and 38,012 gold equivalent ounces, respectively​.  Full Article

Klondex Mines Q2 basic earnings per share $0.04
Wednesday, 9 Aug 2017 04:48pm EDT 

Aug 9 (Reuters) - Klondex Mines Ltd :Klondex reports strong second quarter 2017 financial results; improves 2017 outlook with increased production at lower costs.Q2 basic earnings per share $0.04.Klondex Mines - ‍expect to produce between 213,000 and 230,000 GEOS during 2017 at expected production cash costs/gold equivalent ounce sold of $675 to $700​.Klondex Mines Ltd - ‍increasing FY consolidated production guidance to 213,000 - 230,000 GEOS, up slightly from 210,000 - 225,000 GEOS​.Klondex Mines Ltd - ‍now expect our 2017 capital expenditures to be between $63 and $71 million​.Klondex Mines - ‍lowering FY production cash costs per gold equivalent ounce sold outlook to $675 - $700.  Full Article

Klondex Mines says produced 66,629 GEOs in Q2
Tuesday, 18 Jul 2017 05:08pm EDT 

July 18 (Reuters) - Klondex Mines Ltd :Klondex reports record second quarter operating results producing 66,629 GEOs, an increase of 94 pct from the first quarter.Klondex Mines Ltd - mined a total 53,248 gold equivalent ounces in line with company expectations in quarter for Nevada and Canadian operations..Klondex Mines Ltd - company will begin processing Hollister ore through Midas mill in second half of year.Klondex Mines Ltd - remains on track to meet its annual production guidance of 210,000 to 225,000 gold equivalent ounces, up 36 pct from 2016.Klondex Mines Ltd - at Fire Creek, company milled 49,060 ore tons in Q2 at an average milled head grade of 1.01 gold equivalent ounces per ton.Klondex Mines - produced, sold qtrly total of 66,629 & 69,522 gold equivalent ounces, respectively, up 94 pct & 107 pct from Q1, for Nevada, Canadian operations.  Full Article

BRIEF-Klondex Reports Q1 Loss Per Share Of $0.04

* QTRLY REVENUES $56.7 MILLION VERSUS $41.7 MILLION Source text for Eikon: Further company coverage: