Kinross Gold Corp. announced today that its operations in Russia are operating according to plan and currently remain unaffected by U.S. sanctions announced on February 22, 2022. Kinross has successfully operated in Russia for more than 25 years and has previously managed through similar situations while complying with applicable laws. The Company has diversified procurement and logistics structures in Russia, with the [...]
Returned more than $250 million to shareholders in 2021 Production outlook of 2.65 million, 2.8 million and 2.6 million ounces in 2022, 2023 and 2024, respectively, to drive free cash flow growth TORONTO, Feb. 16, 2022 -- Kinross Gold Corp. today announced its results for the fourth-quarter and year ended December 31, 2021. 2021 full-year results and 2022 guidance: 2021 guidance 2021 full-year results 2022 guidance [...]
Kinross Gold Corp. today provided updates on its development projects, exploration program and its estimated mineral reserves and resources. Development project highlights: Tasiast 24k: Project proceeding on schedule to reach throughput of 21,000 tonnes per day on a sustained basis by the end of Q1 2022, and 24,000 tonnes per day by mid-2023. La Coipa Restart: Commissioning commenced in February 2022 on schedule and on [...]
Kinross Gold Corp. is pleased to announce details of its Climate Change Strategy and greenhouse gas reduction action plan, which includes the Company's commitment to working towards the goals of the 2015 Paris Agreement. The Strategy is aligned with Kinross' previously-announced goal of being a net-zero GHG emissions company by 2050, and has set a target to achieve a 30% reduction in intensity per ounce produced of scope [...]
Kinross Gold Corp. today announced that the Company's Board of Directors has declared a dividend of US$0.03 per common share for the fourth quarter of 2021. The dividend is payable on March 24, 2022 to shareholders of record as of the close of business on March 9, 2022. This dividend qualifies as an "eligible dividend" for Canadian income tax purposes while dividends paid to shareholders outside Canada will be subject to [...]
Kinross Gold Corp. will release its 2021 fourth-quarter and full-year financial statements and operating results on Wednesday, February 16, 2022, after market close. The Company will also provide its full-year 2022 guidance, mineral reserve and mineral resource statement as of December 31, 2021, and an exploration and project update. Kinross will hold a conference call and audio webcast on Thursday, February 17, 2022 at 8 [...]
Nova Minerals Ltd. is pleased to provide an update on its majority owned Snow Lake Resources , Thompson Brothers Lithium Project. Snow Lake Resources Ltd. has now received all the necessary permitting for the winter drilling campaign. Snow Lake Lithium has contracted Big Ice Services, a Canada company from Creighton Saskatchewan to provide Snow Lake with the necessary winter drill access in order to mobilize the diamond [...]
TORONTO, Dec. 08, 2021 -- Kinross Gold Corp. is pleased to announce today that it has entered into a definitive agreement with Great Bear Resources Ltd. to acquire all of the issued and outstanding shares of Great Bear through a plan of arrangement . Through the Transaction, Kinross will acquire Great Bear's flagship Dixie project located in the renowned and prolific Red Lake mining district in Ontario, Canada. The Dixie [...]
Significant premium of 40% to Great Bear's 20-day VWAP on the TSX-V for Great Bear shareholders Option to select cash or Kinross common shares as consideration, subject to pro-ration Opportunity for continued economic participation in the future potential of the Dixie project while gaining exposure to Kinross' diverse portfolio of high-quality operating mines, sector-leading production growth and free cash flow generation [...]
Kinross Gold Corp. today announced its results for the third-quarter ended September 30, 2021. 2021 third-quarter highlights: Q3 2021 results First nine months 2021 results 2021 guidance Gold equivalent production1 483,060 1,579,928 2.1 million Production cost of sales1, 2 $870 $816 $830 All-in sustaining cost1, 2 $1,225 $1,084 $1,110 Capital expenditures $231.0 million $640.6 million $900 million Kinross is on track to [...]
Results reaffirm both projects' potential to be significant value generators as large, low cost producers Udinsk adds approximately 3 million ounces to Kinross' probable mineral reserves TORONTO, Nov. 10, 2021 -- Kinross Gold Corp. today announced the results of a pre-feasibility study for its Udinsk project in Russia and the feasibility study results for its Lobo-Marte project in Chile. CEO Commentary: J. Paul Rollinson [...]
Kinross Gold Corp. today announced that the Company's Board of Directors has declared a dividend of US$0.03 per common share for the third quarter of 2021. The dividend is payable on December 15, 2021 to shareholders of record as of the close of business on December 1, 2021. This dividend qualifies as an "eligible dividend" for Canadian income tax purposes while dividends paid to shareholders outside Canada will be [...]
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