TORONTO, ONTARIO -- (Marketwire) -- 10/03/12 -- Kinross Gold Corporation (TSX: K)(NYSE: KGC) will release its financial statements and operating results for the third quarter of 2012 on Wednesday, November 7, 2012, after market close. In connection with the release, Kinross will hold a conference call and audio webcast on Thursday, November 8, 2012 at 8 a.m. ET to discuss the results, followed by a question-and-answer [...]
Gold stocks have been on an impressive run as of late as prices for the precious metals have surged due to the potential of economic stimulus from central banks across the globe. Gold prices reached a 6-month high last Thursday after the Federal Reserve announced stimulus for the U.S. economy. The Market Vectors Gold Miners ETF (GDX) has gained nearly 20 percent in the last month. Five Star Equities examines the outlook [...]
TORONTO, ONTARIO -- (Marketwire) -- 09/13/12 -- Kinross Gold Corporation (TSX: K)(NYSE: KGC) announced today that it has been named to the Dow Jones Sustainability World Index (DJSI) for the second consecutive year, and to the Dow Jones Sustainability North America Index for the third consecutive year.
"Our inclusion on this key index for corporate responsibility acknowledges the continued dedication of our employees [...]
Kinross Gold announced today its support for the University of Guelph's Fight Against Hunger program to pack one million meals by the end of 2013. Kinross is providing $100,000 to supply food for all the meal packs. To kick off the program, on Saturday, September 8th, 2012, the University of Guelph is organizing a World Record Event to Fight Hunger. The event's goal is to pack 200,000 emergency relief meal packs in one [...]
While the price of gold has faced several headwinds of late, several analysts are optimistic gold could make a run in the second half of 2012 due to the ongoing accommodative monetary policies across the globe. A recent survey from Bloomberg shows that gold could be set for its best year since 2010. The Paragon Report examines investing opportunities in the Gold Industry and provides equity research on AuRico Gold and [...]
TORONTO, ONTARIO -- (Marketwire) -- 08/17/12 -- Kinross Gold Corporation (TSX: K)(NYSE: KGC) announced today that it has arranged a new US$1.0 billion term loan. The three-year term loan will mature on August 10, 2015, and has no mandatory amortization payments.
Kinross also announced today that it has amended its unsecured revolving credit facility. The changes to the facility include an increase of available credit [...]
TORONTO, ONTARIO -- (Marketwire) -- 08/09/12 -- J. Paul Rollinson, CEO Kinross Gold Corporation, (TSX: K)(NYSE: KGC) today announced that Brant Hinze, formerly Executive Vice-President and Chief Operating Officer of Kinross, has been appointed President and Chief Operating Officer.
"This promotion is consistent with a renewed focus on operational fundamentals, delivering on key metrics at our sites, and reducing costs [...]
TORONTO, ONTARIO -- (Marketwire) -- 08/08/12 -- Kinross Gold Corporation (TSX: K)(NYSE: KGC) announced today that the Board of Directors has declared a dividend of US$0.08 per common share, payable on September 28, 2012 to shareholders of record at the close of business on September 21, 2012.
This dividend qualifies as an "eligible dividend" for Canadian income tax purposes.
TORONTO, ONTARIO -- (Marketwire) -- 08/08/12 -- Kinross Gold Corporation (TSX: K)(NYSE: KGC) today announced its results for the second quarter ended June 30, 2012.
(This news release contains forward-looking information that is subject to the risks and assumptions set out in our Cautionary Statement on Forward-Looking Information located on page nine of this news release. All dollar amounts in this news release are [...]
Gold stocks have struggled in 2012 as a slowing global economy has resulted in lackluster physical and investor demand for the precious metal. The Market Vectors Gold Miners ETF (GDX) has fallen close to 17 percent this year, while the Market Vectors Junior Gold Miners ETF has fallen over 21 percent. Five Star Equities examines the outlook for companies in the Gold Industry and provides equity research on Eldorado Gold [...]
TORONTO, ONTARIO -- (Marketwire) -- 08/01/12 -- Kinross (TSX: K)(NYSE: KGC) announced today that its Board of Directors has appointed J. Paul Rollinson (formerly Executive Vice-President, Corporate Development) as Chief Executive Officer of Kinross, replacing Tye W. Burt. Mr. Rollinson has also replaced Mr. Burt on the Kinross Board of Directors.
John Oliver, Chairman of the Board, said: "On behalf of the entire Board [...]
Gold prices have recently hit a three-week high after comments from European Central Bank President Mario Draghi increased speculation that more quantitative easing was on the way."Within our mandate, the ECB is ready to do whatever it takes to preserve the euro," Mario Draghi said at a recent conference. "And believe me, it will be enough." The SPDR Gold Trust ETF (GLD) has risen 2.56 percent in the last week. The [...]
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