Kinross records 20% margin surge, free cash flow triples
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.