Kinross Gold Corp. today announced its results for the first-quarter ended March 31, 2021. 2021 first-quarter highlights: 2021 first-quarter results 2021 guidance Gold equivalent production1 558,777 2.4 million Production cost of sales1, 2 $756 $790 All-in sustaining cost1, 2 $975 $1,025 Capital expenditures $204.2 million $900 million The Company is on track to meet 2021 annual guidance. Production1 of 558,777 [...]
Kinross Gold Corp. announced today it will redeem all of the outstanding 5.125% Senior Notes due September 1, 2021 , which have an aggregate principal amount of $500 million, on June 1, 2021 . The Notes will be redeemed at a redemption price equal to the principal amount of the outstanding Notes plus accrued and unpaid interest to, but not including, the Redemption Date, in accordance with the terms of the Notes. Interest [...]
Resolution Minerals Ltd. is pleased to announce that it has completed the Company's first drilling program on the Sunrise Gold Prospect at the 64North Project in Alaska. Drilling was conducted along an existing access road, targeting outcropping granite hosted mineralisation, analogous in style to Kinross's Fort Knox Gold Mine, which is one of Alaska's most profitable mines. The Sunrise Prospect was identified in 2020 by [...]
Kinross Gold Corp. will release its financial statements and operating results for the first quarter of 2021 on Tuesday, May 11, 2021, after market close. On Wednesday, May 12, 2021 at 7:45 a.m. EDT 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 - 968-2237; Passcode: 8799762 Outside of Canada [...]
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 2020. The dividend is payable on March 18, 2021 to shareholders of record as of the close of business on March 3, 2021. 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. today provided updates on its development projects, exploration program and its estimated mineral reserves and resources. Development projects: Tasiast 24k: Project advancing on schedule and on budget with Tasiast expected to increase throughput to 21,000 t/d by year-end 2021 and to 24,000 t/d by mid-2023. Udinsk: Drilling and study work are progressing well. The pre-feasibility study has now commenced [...]
Kinross Gold Corp. today announced its results for the fourth quarter and year ended December 31, 2020. 2020 full-year results and guidance: 2020 guidance 2020 full-year results 2021 guidance Gold equivalent production1 2.4 million 2.4 million 2.4 million Production cost of sales1, 2 $720 $723 $790 All-in sustaining cost1, 2 $970 $987 $1,025 Capital expenditures $900 million $916 million $900 million Expect to increase [...]
Aurion Resources Ltd. is pleased to announce a non-brokered private placement of common shares by Kinross Gold Corporation which on closing will enable Kinross to maintain its ownership position of 9.98% of the issued and outstanding common shares of the Company. By news releases dated January 29, 2021 and February 1, 2021, the Company announced a brokered private placement of 10,588,235 Common Shares at a price of C$0.85 [...]
Kinross Gold Corp. announced today that it has acquired 3,125,000 common shares of Wolfden Resources Corp. in a non-brokered private placement at a price of CA$0.32 per common share for total consideration of CA$1,000,000. Prior to completion of the transaction, Kinross held 12,500,000 common shares, representing approximately 9.6% of the outstanding common shares. As a result of the acquisition of 3,125,000 common shares [...]
Kinross Gold Corp. will release its 2020 fourth-quarter and full-year financial statements and operating results on Wednesday, February 10, 2021, after market close. The Company will also provide its full-year 2021 guidance, mineral reserve and mineral resource statement as of December 31, 2020, and an exploration and project update. Kinross will hold a conference call and audio webcast on Thursday, February 11, 2021 at 8 [...]
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 2020. The dividend is payable on December 10, 2020 to shareholders of record as of the close of business on November 25, 2020. This dividend qualifies as an “eligible dividend” for Canadian income tax purposes while dividends paid to shareholders outside Canada will be [...]
Kinross Gold Corp. today announced its results for the third quarter ended September 30, 2020. 2020 third-quarter highlights: Q3 2020 results First nine months 2020 results 2020 guidance Gold equivalent production1 603,312 1,742,616 2.4 million Production cost of sales 1,2 $737 $738 $720 All-in sustaining cost1,2 $958 $978 $970 Capital expenditures $212.1 million $617.8 million $900 million Kinross remains on track to [...]