Kinross Completes Great Bear Preliminary Economic Assessment
Significant Findings from the Preliminary Economic Assessment
Kinross Gold Corporation has successfully completed the Great Bear Preliminary Economic Assessment. The results indicate substantial annual production exceeding 500,000 ounces, which aligns with Kinross's strategic vision. Additionally, the corporation reported impressive margins highlighted by a low All-In Sustaining Cost (AISC) of approximately $800/oz.
Key Highlights
- Annual production exceeds 500,000 ounces
- Low AISC of ~$800/oz indicating strong profitability
- High-grade mineralization at depth observed beyond the PEA inventory
This assessment positions Kinross Gold favorably within the competitive landscape of gold production, enhancing its growth projections.
Forward-Looking Statements
As Kinross Gold looks to the future, it continues to explore new opportunities to expand its mineral resources and optimize production processes.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.