MINING NEWS: Kinross soars on higher output, prices
Fort Knox Mine owner posts sharply higher earnings for fourth quarter, full year ’07; board OKs heap leach, pit expansion project
Thanks to higher production and higher prices, Kinross Gold Corp. Feb. 21 posted 2007 earnings of $334 million, or 60 cents per share, up substantially from $165.8 million, or $0.47 per share, in 2006.
The Toronto-based owner of the Fort Knox gold mine also reported fourth-quarter 2007 earnings of....
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Project should double life-of-mine production
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