Kinross reaffirms 2024 production target, sees strong margins amid rising costs
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Kinross Gold Corporation reported strong Q3 2024 financial results with $1.43 billion in revenue, driven by higher gold prices and strong production at key mines. The company reaffirmed its 2024 production target and expects strong margins despite rising costs.
November 06, 2024 | 4:15 pm
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Kinross Gold Corporation reported strong Q3 2024 results with $1.43 billion in revenue, driven by higher gold prices and strong production at key mines. The company reaffirmed its 2024 production target and expects strong margins despite rising costs.
The strong financial performance and reaffirmation of production targets suggest positive investor sentiment. Higher gold prices and strong mine output contribute to revenue growth, while the company's ability to maintain strong margins despite rising costs indicates operational efficiency.
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