Gold Prices last week reached an 11-month high of $1,796.50 an ounce after comments by European Central Bank President Mario Draghi suggested that more bailouts may be forthcoming. Draghi had stated that euro is "irreversible," and that the central bank stood prepared to purchase the bonds of indebted countries. The Paragon Report examines [...]
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 [...]
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 [...]
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.
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]