Kinross Gold's earnings surge 66% to $110M in Q3 on the back of improved gold production and prices

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A roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.

- Kinross Gold , one of the largest gold miners globally, today reported that the company produced 585,449 gold equivalent ounces in Q3 2023, up 11% compared to Q3 2022 .

Kinross said the average realized gold price from continuing operations in Q3 2023 was $1,929 per ounce, compared with $1,732 per ounce in Q3 2022. Adjusted net earnings from continuing operations were $144.6 million, or $0.12 per share, for Q3 2023, compared with $68.7 million, or $0.05 per share, for Q3 2022.

 

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