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Costs also declined 11%, to $419 a gold-equivalent ounce, and Kinross expects this number to fall to between $390/oz and $420/oz for the full year.
Net earnings [url=http://www.davidhabchy.com]barbour outlet[/url] included a $5,6-million foreign-exchange translation gain, the company [url=http://www.1855sacramento.com/peuterey.php]peuterey[/url] said.
Gold-equivalent production for the quarter rose 59% year-on-year, to 526 888 oz, and Kinross reiterated its full-year production guidance of between 2,4-million and 2,5-million gold-equivalent ounces.
First-quarter revenue increased 61% compared with the same period of 2008, to [url=http://www.rtnagel.com/louboutin.php]louboutin pas cher[/url] $532,7-million, despite a lower average realised gold price – the company received an average of $897/oz for its gold, compared with $929/oz in [url=http://www.getconversational.com]hollister france[/url] the first quarter of 2008.
TORONTO ( [url=http://www.sandvikfw.net/shopuk.php]hollister outlet sale[/url] – Canadian gold-miner Kinross Gold [url=http://www.ilyav.com/uggpascher.php]ugg pas cher[/url] earned $76,5-million in the [url=http://www.thehygienerevolution.com/barbour.php]barbour paris[/url] first quarter of 2009, compared with $70,9-million a year earlier.
Kinross owns mines [url=http://www.achbanker.com/home.php]www.achbanker.com/home.php[/url] in the [url=http://www.1855sacramento.com/woolrich.php]woolrich bologna[/url] US, Brazil, Chile and Russia, started up two new [url=http://www.rtnagel.com/airjordan.php]nike air jordan pas cher[/url] operations last year – the Kupol mine in Russia, and the Buckhorn mine, in the US – and poured the first gold from its Paracatu expansion [url=http://www.1855sacramento.com/moncler.php]moncler outlet[/url] project, in Brazil, [url=http://www.achbanker.com/home.php]hollister france[/url] in October.
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