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Kinross Gold Corporation

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Kinross is making steady progress in advancing the projects that give it a strong growth profile among leading gold producers. It also remains focused on managing costs and improving cash flow. However, the company remains exposed to a sluggish global economy and volatility of gold prices. Prospects of a more-hawkish stance from the U.S. Federal Reserve in 2017 is weighing on gold prices. The company also needs to improve its reserve base significantly for future growth. Kinross has also underperformed the Zacks categorized Mining-Gold industry over the past three months.

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