Black Friday is Now! Don’t miss out on up to 60% OFF InvestingProCLAIM SALE

BRIEF-Kinross updates FY 2015 guidance

Published 2015-09-17, 05:53 p/m
© Reuters.  BRIEF-Kinross updates FY 2015 guidance
KGC
-

Sept 17 (Reuters) - Kinross Gold Corp K.TO :
* Updates 2015 full-year guidance
* Says Kinross is also exploring additional opportunities to reduce overhead
costs as part of a company-wide spending review
* Says all-in sustaining cost per gold equivalent ounce sold 2015 guidance
lowered to $975-$1,025 from $1,000-$1,100
* Sees FY capital expenditure guidance lowered to $650 million from $725
million
* Gold -production guidance range narrowed upward to 2.5-2.6 million au eq. oz.
from previous guidance range of 2.4-2.6 million au eq. oz for FY
* Cost of sales per au eq. oz. guidance range lowered to $690-$730 for 2015
from the previous guidance range of $720-$780

Source text for Eikon ID:nMKWHRHY5a
Further company coverage K.TO

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.