• Gold$: 1,106.25
 
Expanding Margins

Since 2004, when cost of sales margin was $161 an ounce, Kinross' margin expansion has outpaced the rising gold price, increasing 229%, while the average realized gold price is up 139%.

Our margins have grown at a 27% compound annual growth rate over the past five years.

Cost of sales margin per ounce is defined as the difference between cost of sales as per the financial statements divided by the number of gold equivalent ounces sold, both reduced for Kupol sales attributable to a third-party 25% shareholder, and the average realized gold price.

For detailed information relating to Kinross' financial results, please visit the Financials section of our website.

This web page contains forward-looking information. Forward-looking statements are provided for the purpose of providing information about management's expectations and plans relating to the future. Readers are cautioned that actual results may differ materially from those set forth herein and are referred to our Legal Disclaimer for more information.