Kinross Gold indicated on Tuesday, August 2, 2023 that it produced 555,036 ounces of gold equivalent in Q2 2023 & worsen; leave ongoing activities. This production is up 22% compared to 453,978 ounces in Q2 2022

Kinross Gold, a Canadian mining company specializing in the exploitation of gold and silver deposits, said in a statement de reports that the increase in its quarterly gold production was mainly due to higher production at La Coipa and higher grades and recoveries at Paracatu and Tasiast. The company estimates that the cost of production of sales from its continuing operations per ounce of gold equivalent sold was $900 for the quarter, down 12% from $1,027 in Q2 2022, due to an increase in ounces of gold equivalent

For the second quarter of 2023, the company's reported net income from continuing operations was $151.0 million, or $0.12 per share, compared to a reported net loss of $9.3 million, or $0.01 per share the previous year.