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What Could Drive Kinross Gold’s Margins Higher?

What Could Drive Kinross Gold’s Margins Higher?

Kinross Gold (KGC) has significantly outperformed gold prices (GLD), the overall gold miners’ index (GDX), as well as its peers in 2017. While the stock rose 38.9%, its close peers Newmont Mining (NEM), Barrick Gold (ABX), and Goldcorp (GG) returned 10.1%, -9.4%, and -6.1%, respectively. Kinross has shown an impressive operational performance in 2017 along with steady execution on its growth projects, which led to the outperformance of the stock.