Kinross Gold Corp. plans to release its financial statements and operating results for the third quarter of 2020 on Wednesday, November 4, 2020, after market close. On Thursday, November 5, 2020 at 8:00 a.m. ET Kinross will hold a conference call and audio webcast to discuss the results, followed by a question-and-answer session. The call-in numbers are as follows: Canada & US toll-free – +1 968-2237; Passcode: 8369428 [...]
Kinross Gold Corp. will host a presentation and question and answer session on October 20, 2020 from 10:00 a.m. – 12:00 p.m. ET to discuss operational details regarding the Company’s recently announced three-year guidance and additional opportunities in its portfolio. The call-in numbers are as follows: Canada & US toll-free – +1 968-2237; Passcode: 7245896 Outside of Canada & US – +1 312-2059; Passcode: 7245896 Replay [...]
Kinross Gold Corp. is pleased to announce that it has entered into agreements to acquire a 70% interest in the high-quality Peak Gold project in Alaska from Royal Gold, Inc. and Contango ORE, Inc. for total cash consideration of $93.7 million. Kinross will have broad authority to construct and operate the Peak Gold project, with Contango retaining a 30% non-operating minority interest. The Peak Gold project is a [...]
Kinross Gold Corp. today announced its robust three-year guidance, with production expected to steadily increase by 20% to 2.9 million gold equivalent ounces1 in 2023 and an overall downward trend in production cost of sales and capital expenditures to drive strong free cash flow. The Company also announced that its Board of Directors has declared a dividend of $0.03 per common share payable on October 22, 2020 to [...]
Kinross Gold Corp. is pleased to present its 2019 Sustainability Report , detailing the Company’s progress over the past two years in delivering on its commitment to responsible mining. The Report provides a transparent account of Kinross’ sustainability performance, including Environmental, Social and Governance activities, and an in-depth review of the Company’s relationships with host communities, workforce and host [...]
Kinross Gold Corp. today announced its results for the second-quarter ended June 30, 2020. 2020 Q2 highlights: Production1 of 571,978 attributable gold equivalent ounces, and sales of 584,477 Au eq. oz. All Kinross mines continued production during the quarter, as the Company’s comprehensive COVID-19 response plans mitigated operational risk and continued to help protect the health and safety of employees and host [...]
Kinross Gold today announced the results of a pre-feasibility study for its Lobo-Marte project in Chile. Lobo-Marte offers the potential of a cornerstone asset with attractive all-in sustaining costs1, 2 to enhance Kinross’ long-term production profile. The project adds a significant 6.4 million gold ounces, representing an approximately 25% increase, to the Company’s 2019 year-end mineral reserve estimates in a [...]
Kinross Gold Corp. plans to release its financial statements and operating results for the second quarter of 2020 on Wednesday, July 29, 2020, after market close. On Thursday, July 30, 2020 at 8:00 a.m. ET Kinross will hold a conference call and audio webcast to discuss the results, followed by a question-and-answer session. The call-in numbers are as follows: Canada & US toll-free – +1 968-2237; Conference ID: 5161488 [...]
Kinross Gold Corp. is pleased to announce today that it has reached an agreement in principle with the Government of Mauritania to enhance the parties’ partnership. The key terms of the agreement, which remain subject to definitive documentation, are the culmination of discussions between Kinross and the Government that balance the interests of both parties. The terms contemplate reasonable commercial trade-offs intended [...]
Kinross Gold Corp. announced that yesterday it sold its 10,925,000 shares in Pinecrest Resources Ltd. at a price of CAD$0.36 per share for expected gross proceeds of approximately CAD$3.9 million. The Shares were disposed through private sales with various purchasers and represented approximately 17% of the issued and outstanding shares in Pinecrest. The disposition was made for investment purposes, and following the [...]
Kinross Gold Corp. announced today that the strike by unionized employees at its Tasiast mine has been suspended at the request of the Government of Mauritania. The recent shutdown, which began on May 5th and ended today, is not expected to materially affect 2020 production or the development of the 24k expansion. The Company has adhered to the three-year collective labour agreement finalized in Q4 2019, all applicable [...]
Kinross Gold Corp. has announced the detailed voting results of the election of its Board of Directors, which took place at the Company’s virtual Annual and Special Meeting of Shareholders on May 6, 2020. The nominees listed in the Management Information Circular dated March 11, 2020 were elected as directors of Kinross at the meeting. The Company is also pleased to announce the appointment of a new director, Mr. Glenn A [...]