TORONTO, Jan. 16, 2020 -- Kinross Gold Corp. is pleased to announce that it has completed its previously disclosed acquisition of Chulbatkan, a high-quality, heap leach development project in Russia, from N-Mining Limited for total fixed consideration of $283 million. The Company has now commenced a comprehensive exploration drilling program at [...]
Kinross Gold Corp. will release its fourth quarter and 2019 full-year financial statements and operating results on Wednesday, February 12, 2020, after market close. The Company will also provide its full-year 2020 guidance, mineral reserve and mineral resource statement as of December 31, 2019, and an exploration and project update. Kinross will [...]
Kinross Gold Corp. announced today that its wholly-owned subsidiary, Tasiast Mauritanie Limited S.A., has signed a definitive loan agreement for up to US$300 million for its Tasiast operation in Mauritania with the IFC , Export Development Canada, and with the participation of ING Bank and Société Générale. “We are [...]
Kinross Gold Corp. announced today that it has agreed to sell its remaining 20,656,250 shares in Lundin Gold Inc. to a syndicate of buyers for expected gross proceeds of approximately CAD$150 million. The syndicate of buyers includes a wholly-owned subsidiary of Newcrest Mining Ltd. and the Lundin Family Trust. The shares for sale represent [...]
Kinross Gold Corp. today announced that it has entered into an agreement to sell its royalty portfolio to Maverix Metals Inc. for total consideration of US$74 million, which includes US$25 million in cash and approximately 11.2 million Maverix common shares, representing a 9.4% ownership interest in Maverix. “This agreement realizes the value [...]
On track to meet production guidance and lower end of cost of sales guidance Construction and commissioning of Nevada projects completed Largest producing mines – Paracatu, Kupol and Tasiast – continue to achieve lowest costs in portfolio TORONTO, Nov. 06, 2019 -- Kinross Gold Corp. today announced its results for the third-quarter [...]
Kinross Gold Corp. today filed an updated technical report for its Tasiast mine in Mauritania. The technical report incorporates updates related to the current Tasiast operation and provides comprehensive details regarding the recently announced Tasiast 24k project that is expected to incrementally increase throughput capacity to 24,000 tonnes per [...]
Kinross Gold Corp. plans to release its financial statements and operating results for the third quarter of 2019 on Wednesday, November 6, 2019, after market close. On Thursday, November 7, 2019 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 [...]
High-grade, open-pit, heap leach project expected to be a large, low-cost operation Builds upon 24 years of experience and success operating in Russia TORONTO, July 31, 2019 -- Kinross Gold Corp. is pleased to announce an agreement with N-Mining Limited to acquire Chulbatkan, a high-quality, heap leach development project with significant upside [...]
Three largest producing mines – Paracatu, Kupol and Tasiast – achieve lowest costs in portfolio On track to meet production and cost of sales guidance First gold produced at both Round Mountain Phase W and Bald Mountain Vantage Complex projects TORONTO, July 31, 2019 -- Kinross Gold Corp. today announced its results for the [...]
Kinross Gold Corp. plans to release its financial statements and operating results for the second quarter of 2019 on Wednesday, July 31, 2019, after market close. On Thursday, August 1, 2019 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 [...]
Kinross Gold Corp. has announced the detailed voting results of the election of its Board of Directors, which took place at the Company’s Annual and Special Meeting of Shareholders held in Toronto on May 8, 2019. The nominees listed in the Management Information Circular dated March 14, 2019 were elected as directors of Kinross at the [...]