Kinross Completes Great Bear Preliminary Economic Assessment with Significant Gold Production Insights
Kinross Completes Great Bear Preliminary Economic Assessment
Toronto-based Kinross Gold Corporation has announced the completion of the Great Bear Preliminary Economic Assessment, which marks a significant milestone for gold production potential. The assessment reveals that annual production will exceed 500,000 ounces, reinforcing Kinross's position in the competitive gold market.
Impressive Margins and Low AISC
The details of the economic assessment show that the project will maintain impressive margins, with an AISC of approximately $800 per ounce. This low all-in sustaining cost points to a promising future for the project's profitability.
High-Grade Mineralization Beyond Inventory
Furthermore, ongoing drilling efforts beyond the preliminary economic assessment inventory have revealed high-grade mineralization at depth, indicating the potential for further resource expansion and enhanced project viability. This aspect is crucial for investors looking to maximize their returns.
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.