Analyst Note
| Kristoffer Inton |Kinross reported a strong third quarter, with solid operational performance boosted by higher gold prices. Third quarter attributable production of 603,312 gold equivalent ounces, or GEO, was roughly flat versus a year ago, while all-in sustaining costs, or AISC, on a co-product basis declined 7% to $958 per ounce. With average realized gold prices 30% higher than last year, adjusted operating cash flow rose 86% to $550 million.