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What Led to Weaker Production for Kinross in 1Q18?

Annie Gilroy
What Led to Weaker Production for Kinross in 1Q18?

Kinross Gold (KGC) produced 654,000 gold equivalent ounces in 1Q18, a 2.7% fall YoY (year-over-year). KGC’s 1Q18 production fell YoY mainly for the following reasons: the completion of mining activities at Kettle River–Buckhorn during 2Q17 lower production at Kupol due to grade declines fewer ounces recovered from heap leach pads at Maricunga lower production at Fort Knox due to grade declines