Monday, May 7, 2007

Kinross Gold profit up steeply on Bema Gold gains

(Reuters) - Kinross earned $68.5 million, or 15 cents a diluted share, up from $8.9 million, or 3 cents per share, in same period last year.

The latest results included net gains of $23.2 million, or 5 cents per share, on non-hedge derivative gains, the sale of the Lupin mine in Nunavut, Canada, and accounting gains on inventory from Bema Gold properties.


Read more at Reuters.com Market News

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