Loading ...Kinross reports record free cash flow of $1bn for 2020
Toronto-based gold major Kinross Gold (TSX: K; NYSE: KGC) has released its fourth-quarter and year-end 2020 financial results. Production of 2.4 million gold-equivalent oz. for the year (624,032 oz. in the fourth quarter) at all-in sustaining costs of $987 per oz. ($1,013 per oz. in the last quarter) was in line with prior guidance for 2.4 million oz. at AISC of $970 per oz.