Kinross Gold Announces 50 Percent Profit Increase in Q1

The Financial Post reported that Kinross Gold posted a 50 percent increase in Q1 profits, year-over-year and that they are on track to meet production guidance for the year.

As quoted in the Financial Post report:

The gold miner, which keeps its books in U.S. dollars, said Tuesday it earned US$160.5 million or 14 cents per share for the quarter ended March 31 compared with a profit of $105.7 million or nine cents per share a year ago.

To view the whole Financial Post report, click here.