Kinross Gold Corporation

11:26 AM EST - Kinross Gold Corporation : Today announced the results of a pre-feasibility study for its Lobo-Marte project in Chile. Lobo-Marte offers the potential of a cornerstone asset with attractive all-in sustaining costs to enhance Kinross’ long-term production profile. The project adds a significant 6.4 million gold ounces, representing an approximately 25% increase, to the Company’s 2019 year-end mineral reserve estimates in a favourable mining jurisdiction. The reserve addition also increases Kinross’ reserve life index3 by approximately 2.5 years. Kinross Gold Corporation shares T.K are trading down $0.29 at $10.23.