Kinross Gold Corp K.TO :
* KINROSS REPORTS 2018 THIRD-QUARTER RESULTS
* Q3 REVENUE $753.9 MILLION VERSUS $828 MILLION
* QTRLY PRODUCTION COST OF SALES $777 PER AU EQ. OZ., COMPARED WITH $662 IN Q3 2017
* QTRLY ALL-IN SUSTAINING COST $1,049 PER AU EQ. OZ. SOLD, COMPARED WITH $937 IN Q3 2017
* QTRLY ALL-IN SUSTAINING COST PER GOLD OUNCE SOLD ON BY-PRODUCT BASIS WAS $1,046 IN Q3 2018, COMPARED WITH $927 IN Q3 2017
* QTRLY PRODUCTION OF 586,260 GOLD EQUIVALENT OUNCES COMPARED WITH 653,993 AU EQ. OZ. IN Q3 2017
* QTRLY LOSS PER SHARE $0.08
* QTRLY ADJUSTED LOSS PER SHARE $0.04
* JOHN OLIVER HAS ANNOUNCED HE WILL RETIRE FROM HIS ROLE AS BOARD CHAIR EFFECTIVE DECEMBER 31, 2018
* EXPECTS TO MEET ITS 2018 CAPITAL EXPENDITURE FORECAST OF APPROXIMATELY $1,075 MILLION (+/- 5%)
* ANNUAL PRODUCTION GUIDANCE REMAINS UNCHANGED
* CATHERINE MCLEOD-SELTZER HAS BEEN APPOINTED NEW INDEPENDENT CHAIR
* ON TRACK TO MEET ITS 2018 FULL-YEAR PRODUCTION COST OF SALES GUIDANCE OF $730 PER AU EQ. OZ. (+/- 5%)
* ON TRACK TO MEET ITS 2018 ALL-IN SUSTAINING COST GUIDANCE OF $975 (+/- 5%) PER OUNCE SOLD
* LA COIPA RESTART PROJECT FEASIBILITY STUDY REMAINS ON SCHEDULE TO BE COMPLETED IN H2 2019
* KINROSS GOLD - AT MARICUNGA, PRODUCTION DECREASED AS RINSING OF ORE PLACED ON HEAP LEACH PADS PRIOR TO SUSPENSION OF MINING ACTIVITIES RAMPED DOWN