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Kinross Gold Corporation (TSX: K) (NYSE: KGC) today announced its results for the third-quarter ended September 30, 2017. As quoted in the press release: CEO Commentary J. Paul Rollinson, President and CEO, made the following comments in relation to 2017 third-quarter results: “Kinross delivered strong third quarter results, bolstered by outperformance at our two Nevada mines …
Kinross Gold Corporation (TSX: K) (NYSE: KGC) today announced its results for the third-quarter ended September 30, 2017.
As quoted in the press release:
CEO Commentary
J. Paul Rollinson, President and CEO, made the following comments in relation to 2017 third-quarter results:
“Kinross delivered strong third quarter results, bolstered by outperformance at our two Nevada mines and at Tasiast. We are on target to meet our annual guidance range for the sixth consecutive year, and are tracking towards the high end of our production and the low end of both our cost of sales and all-in sustaining cost guidance. We also generated solid cash flow and maintained one of the best balance sheets among our peers.
“Development at our suite of organic projects continues to proceed well. Tasiast Phase One is on track for full commercial production towards the end of Q2 2018 and engineering at Phase Two is now 25% complete. We also expect to start construction at Tasiast Phase Two, Round Mountain Phase W and the Vantage Complex at Bald Mountain early next year, as initial development work at all three projects is already in progress.
“We are continuing to deliver and have strong operational momentum as we head into year end.”
