Kinross Completes Great Bear Preliminary Economic Assessment with Significant Gold Production Insights

Tuesday, 10 September 2024, 03:45

Kinross has completed the Great Bear Preliminary Economic Assessment, unveiling annual production exceeding 500,000 ounces. This assessment highlights impressive margins with a low AISC of approximately $800 per ounce, alongside drilling results indicating high-grade mineralization at depth.
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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.


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