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Why Kinross Gold’s Production Guidance Disappointed Investors

Why Kinross Gold’s Production Guidance Disappointed Investors

Kinross Gold (KGC) produced 652,710 gold equivalent ounces (or GEOs) for 4Q17 and 2.67 million GEO for 2017. The Americas accounted for 61% of Kinross’s production in 2017. The production at Fort Knox declined YoY, primarily due to lower tons placed on the heap leach pad.