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Kinross Gold Corp T.K

Alternate Symbol(s):  KGC

Kinross Gold Corporation is a Canada-based global senior gold mining company with operations and projects in the United States, Brazil, Mauritania, Chile and Canada. The Company’s projects include Fort Knox, Round Mountain, Bald Mountain, Manh Choh, Paracatu, La Coipa, Lobo-Marte, Tasiast and Great Bear projects. Fort Knox is an open-pit gold mine located near the city of Fairbanks, Alaska. Round Mountain is a long-life, open pit mine located in Nevada. Bald Mountain is an open pit mine with an estimated mineral resource base located in Nevada along the southern extension of the prolific Carlin trend. Manh Choh project is in Alaska, located approximately 400 kilometers southeast of Fort Knox. Paracatu is a long life, cornerstone operation located near the city of Paracatu in Brazil’s Minas Gerais region. It operates the La Coipa mine in the Atacama region and owns the Lobo-Marte development project, which is located approximately 50 kilometers southeast of La Coipa.


TSX:K - Post by User

Comment by Abruzz0on Mar 30, 2023 8:55am
163 Views
Post# 35368721

RE:Good`Ol Kinross

RE:Good`Ol KinrossKinross has experienced significant growth in gold production since the 1990s. The company's success can be attributed to its strategic acquisition of new mines and projects, as well as its ongoing efforts to optimize production at its existing operations.

In 2010, Kinross produced a record-high of 2.6 million ounces of gold. Since then, the company's production has fluctuated somewhat due to various factors, such as mine closures, new project developments, and changes in gold prices. However, Kinross has generally maintained a production level of around 2.5 million to 2.8 million ounces of gold annually in recent years.

As Small Capt. Dr. stated, at over $ 2k/oz, the margins for 2023 look promising!
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