Currently viewing Global edition

Kinross shines as AISC falls and margin growth outpaces gold price

Kinross Gold has reported a 295.2% jump in its net income to US$240.7 million on revenue of $1.1 billion for the third quarter to September 30, compared to $60.9 million on revenue of $877.1 million in the prior year period.

Kinross shines as AISC falls and margin growth outpaces gold price Kinross shines as AISC falls and margin growth outpaces gold price Kinross shines as AISC falls and margin growth outpaces gold price Kinross shines as AISC falls and margin growth outpaces gold price Kinross shines as AISC falls and margin growth outpaces gold price

Kinross Gold's Kupol mine in Russia

The company continued to increase its cash balance to $933.5 million while its debt is $1.4 billion.

Kinross produced 603,312 gold-equivalent ounces in the quarter, a fall of 0.