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Financial Post reported that some analysts are cutting their price targets for Kinross Gold (NYSE:KGC) on new of project delays.
Financial Post reported that some analysts are cutting their price targets for Kinross Gold (NYSE:KGC) on new of project delays.
As quoted in the market news:
The three development projects facing likely delays are Tasiast, Fruta del Norte and Lobo-Marte. [Analyst] Walker increased his construction cost estimates for each project by 25%, and also assumed that they will each be delayed by a year.
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