Q: Ontario government fast-tracking re the Kinross Great Bear project at Red Lake was announced with fanfare in February. Apparently this major project should now start producing in 2029. Are there project development points that I should pay attention to re investing in Kinross, or maybe just do annual buys (subject to no bad news)?
5i Research Answer:
The company should provide regular construction progress updates, and if all goes well then we would be fine with a consistent buying approach. Typically, stocks can stall out a bit with construction, as investors await to see if the mine will be on time, budget and hit performance targets. But with still a long time frame, the stock will more likely continue to just move with the sector in the short to medium term.