More on Kinross Gold (KGC): Q3 beats on the bottom line and meets expectations for revenue as...

|About: Kinross Gold Corporation (KGC)|By:, SA News Editor

More on Kinross Gold (KGC): Q3 beats on the bottom line and meets expectations for revenue as total sales increase 6.5% Y/Y. Additionally, the company now expects to be at the high end of its FY12 production forecast of approximately 2.5M - 2.6M gold equivalent ounces, and its 2012 cost of sales forecast of $690 - $725 per gold equivalent ounce. FY12 capital expenditures have also been reduced to approximately $2.0B, compared with the previous forecast of $2.2 billion.