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Gold miner Kinross forecasts brighter 2016 production, costs

Kinross Gold, squeezed by slumping prices and production declines, expects to shake off a money-losing 2015 with record output and lower costs this year, the world’s fifth-largest producer by output said on Wednesday.

CEO Paul Rollinson said the Toronto-based miner is “running a tight ship” that reflects a disciplined approach to capital, operations and acquisitions.