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This statistic highlights of Kinross Gold’s Total Mining Volume of Ores, split between Bald Mountain, Fort Knox, Paracatu, Road Mountain and Tasiast.
Total Mining Volume of Ores
|Period||2023 Q1||Contribution in 2023 Q1|
(All figures in USD, except percentage)
Kinross Gold Corporation is a well-known gold mining company with operations worldwide, extracting rich ores. In the first quarter of 2023, the company achieved significant mining volumes across various mines.
Bald Mountain: At the Bald Mountain mine, Kinross Gold extracted gold and other precious minerals, contributing 7.8% to the total mining output, totalling USD 18,64,000.00.
Fort Knox: The Fort Knox mine played a crucial role, accounting for 30.8% of the total mining volume, with a substantial contribution of USD 74,12,000.00.
Paracatu: At the Paracatu mine, the company’s expertise in ore extraction was evident, contributing 33.5% to the total mining output, totalling USD 80,56,000.00. Kinross Gold displayed a commitment to sustainable and responsible mining practices at this mine.
Road Mountain: The Road Mountain mine added to the company’s diverse mining operations, accounting for 20.9% of the total mining volume, with a contribution of USD 50,19,000.00.
Tasiast: Another significant contribution came from the Tasiast mine, which accounted for 7.0% of the total mining output, with a production volume of USD 16,90,000.00.
Overall, Kinross Gold Corporation’s first-quarter results highlighted the substantial contributions of the Fort Knox and Paracatu mines, accounting for 30.8% and 33.5% of the mining production, respectively. These mines, along with Bald Mountain, Road Mountain, and Tasiast, demonstrate the company’s diverse portfolio and efficient management of multiple mining operations.
Despite some mines not contributing during this period, Kinross Gold remains a major player in the gold mining sector, creating value for stakeholders through responsible resource management and smart investments. The company’s commitment to sustainable practices and its global presence makes it a prominent player in the industry.
About Kinross Golds:
Kinross Gold Corporation is a well-known gold mining business with operations and projects all over the world. The firm is committed to safe mining practices and maintains a broad portfolio of mines that contribute to its output volume. Contributions from mines such as Fort Knox, Paracatu, Bald Mountain, Road Mountain, and Tasiast were considerable in the first quarter of 2023. These mines exemplify Kinross Gold’s commitment to sustainable resource development and their capacity to provide favourable mining volume outcomes. Kinross Gold is a major player in the worldwide gold mining sector, utilising its knowledge and operational efficiency to provide value to shareholders and stakeholders alike.
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