Kinross Completes Great Bear Preliminary Economic Assessment with Promising Results
Tuesday, 10 September 2024, 03:46
Kinross Completes Great Bear Preliminary Economic Assessment
Kinross Gold has announced the completion of the Great Bear Preliminary Economic Assessment (PEA). This assessment highlights an annual production capacity of over 500,000 ounces, coupled with i>impressive margins and a low All-In Sustaining Cost (AISC) of approximately $800/oz.
Key Findings from the PEA
- Production Capacity: Anticipated over 500,000 ounces annually.
- Profitability: Noteworthy margins proving effective operational efficiency.
- High-Grade Discoveries: Drilling beyond the PEA inventory reveals substantial high-grade mineralization at depth.
This PEA reaffirms Kinross' strategic position and potential in the evolving gold market.
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.