The asset optimization and other improvements helped the mine achieve record annual production in 2019 while reducing cost of sales per ounce sold by approximately 20% over 2018, Kinross said.
As previously announced, an updated resource model resulted in the addition of approximately 828,000 gold ounces to estimated mineral reserves, more than offsetting 2019 depletion of 705,000 ounces, Kinross said. Measured and indicated resources increased by approximately 1.1 million gold ounces, or 35%, compared with 2018.