Canada-based Kinross Gold has nearly doubled its net earnings in the March quarter, while its margin growth outpaced the increase the average realised gold price.
The TSX-listed company, which operates in the Americas, West Africa and Russia, reported net earnings of $122.7-million, or $0.10 a share, in the first quarter, and a 53% year-on-year increase in adjusted earnings to $127.4-million, or $0.10 a share.