Kinross Gold nine-month net earnings rise 48% to USD 2.3 billion
KGC•Kinross Gold’s nine-month net earnings rose 48% to USD 2.3 billion. In the third quarter, net earnings fell year over year to USD 583.2 million, metal sales declined to USD 1.77 billion, and operating cash flow dropped 30% to USD 714.4 million.
1. Third-quarter results
Kinross Gold reported third-quarter net earnings attributable to common shareholders of USD 583.2 million, down year over year, while metal sales declined to USD 1.77 billion. Net operating cash flow fell 30% to USD 714.4 million, and additions to property, plant and equipment rose 41% to USD 439.6 million.
