NEW YORK (Reuters) - Canadian gold miner Kinross Gold Corp. (K.TO: Quote, Profile, Research, Stock Buzz) expects its 2007 exploration spending budget to rise 10 percent to 15 percent from a planned budget of $30 million in 2006, Chief Executive Tye Burt said on Monday.
Burt, speaking at the Reuters Global Mining and Steel Summit in New York, also said the company is targeting annual cash flow growth of 5 percent to 10 percent.
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