PRECIOUS METALS

Kinross announces share buy back as costs increase

Kinross Gold has announced a 39.6% fall in net profit to US$118.4 million on revenue of $1 billion in the quarter to June 30 compared to $196 million in the prior year period due to higher costs.

Kinross Gold's Paracatu in Brazil

Kinross Gold's Paracatu in Brazil

The company produced 538,091 gold equivalent ounces in the quarter, 5.9% fewer than the 571,978oz produced in the prior year period, at an all-in sustaining cost of $1,069/oz compared with $984/oz a year...

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