• Gold$: 1,104.00
 

Why Kinross?

With a growing reserve base, strong operating and financial results and a pipeline of high-quality development projects, Kinross is uniquely positioned among senior gold producers to continue generating superior value for shareholders.

Key Objectives for 2010
  • Declare increased reserves
  • Complete Lobo-Marte pre-feasibilty study
  • Final feasibility study for Cerro Casale
  • Close sale of 25% of Cerro Casale
  • Complete Maricunga Expansion feasibility study (H1'2010)
  • Close Dvoinoye transaction
  • Delivery and construction start of 3rd ball mill at Paracatu
  • Complete metallurgical testing and finalize pre-feasibility study at Lobo-Marte
  • Advance Fruta del Norte pre-feasibility study
 
Growing Production
Kinross produced 2,238,665 gold equivalent ounces, a 22% increase over 2008.
Expanding Margins
Cost of sales margin for 2009 was $530 per gold equivalent ounce, a 22% increase over 2008.
Increasing Cash Flow Per Share
Kinross' adjusted operating cash flow per share* increased 35% to $1.36.

*Adjusted operating cash flow per share is defined as cash flow from operations excluding certain impacts which the Company believes are not reflective of the Company's regular operating cash flow, and also excludes changes in working capital.

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.