Business
Kinross year end 2005 gold reserves total 24.7 million ounces
Kinross year end 2005 gold reserves total 24.7 million ounces.
About this update from Kinross Gold Corporation
[{"type":"text","content":"\n\n\n\n\nYear-over-year increase caps five years of steady growth\n\nTORONTO, Feb. 27 /CNW/ - Kinross Gold Corporation (TSX-K; NYSE-KGC)\n(\"Kinross\" or the \"Company\") is pleased to announce an increase in Proven and\nProbable reserves to 24.7 million ounces of gold at December 31, 2005, from\n19.4 million ounces in 2004. This marks the fifth consecutive year that\nKinross has increased reserves and represents year-over-year growth of \n27 per cent.\n\"Kinross' reserve base and average mine life have grown steadily over the\npast five years and are reaching new highs,\" said Tye Burt, Kinross President\nand CEO. \"Our 2005 exploration program has been successful in growing our\nreserve base at year end 2005 to 24.7 million ounces compared with the\n19.4 million ounces reported at year end 2004, including replacing depletion\nfrom the gold produced in 2005.\"\n\nGold reserves and resources:\n\n>\n\n%SEDAR: 00002968E\n\n\n","length":40714,"tagName":"div"}]