Written by Adam Othman at The Motley Fool Canada
Due to market uncertainty, interest rate fluctuations, and a few other reasons, investors are flocking to a safe-haven investment like gold.
This has already pushed the metal to a three-month high price point. This has triggered a bullish phase in gold mining stocks (and royalty stocks) that you might consider capitalizing upon.
Kinross Gold
Kinross Gold (TSX:K) is one of the ten largest gold producers around the globe. It operates primarily in the Americas, with one operation in Africa (Mauritania), but the portfolio has ample geographic diversity.
The company produced about 2.1 million ounces of gold in 2023. Its reserves include 22.8 million ounces proven & probable and 26 million ounces measured & indicated, which means that at its current output level, the company can keep producing for at least one and easily two or more decades, even if it doesn’t…
