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08
May
2024
Kinross records 20% margin surge, free cash flow triplesKinross records 20% margin surge, free cash flow triplesBy:Creamer Media Senior Deputy Editor Online GOLD Canadian miner Kinross has kicked off the year on a robust note, marking a 20% surge in margins and a remarkable tripling of its free cash flow.
In its first-quarter report unveiled this Tuesday, Kinross revealed a 20% uptick in margins to $1 088/gold-equivalent ounce (GEO) sold, outpacing the rise in the average realised gold price.
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