2006 represents the transition year in our operational profile. We have closed non-core operations. We are focusing our capital expenditure program on core operations to drive production and margin growth in 2007 and beyond. |
Kinross' exciting growth profile is evidence of our strategic objective of increasing cash flow and net asset value for shareholders. Kinross is driving forward with growth through the expansion of existing facilities. We will then use strategic acquisitions to upgrade our portfolio of mines. |
Moving forward, our strategic objective is to continue to increase net asset value and cash flow per share. We are pursuing a four-point plan: growth from existing core operations; expanding our capacity for the future, developing attracting and retaining the best people in the industry, and driving new opportunities from exploration and acquisition. |
The acquisition of Crown and its Buckhorn Mountain deposit is an excellent fit with our growth plan. Buckhorn's reserves will represent an important addition to our portfolio. Our existing Kettle River facilities and experience in the region will allow us to move forward as an important contributor in the area. |