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 [...]
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 [...]
Junior Miners have been hit hard in 2012 as gold prices have struggled to gain any upward momentum in 2012. The Market Vectors Junior Gold Miners ETF (GDXJ) has fallen over 25 percent year-to-date. The industry has been a hotbed of acquisition speculation in recent weeks after Yamana Gold announced it had acquired Extorre Gold Mines Ltd. for $414 [...]
TORONTO, ONTARIO -- (Marketwire) -- 07/12/12 -- Kinross Gold Corporation (TSX: K)(NYSE: KGC) confirmed today that a YAK-12 Mauritanian military plane which was chartered to carry gold from its Tasiast mine in Mauritania crashed shortly after taking off from the airport in Nouakchott, Mauritania. Seven people were killed in the crash, including [...]
TORONTO, ONTARIO -- (Marketwire) -- 06/28/12 -- Kinross Gold Corporation (TSX: K)(NYSE: KGC) announced today that, further to the Company's news release dated May 29, 2012, it has completed the sale of its 50% interest in the Crixas (Serra Grande) gold mine in Brazil to an affiliate of AngloGold Ashanti for gross cash proceeds of US$220 million [...]
Gold prices have struggled to maintain any upwards momentum in 2012 and as a result gold stocks have struggled. The Market Vectors Gold Miners ETF (GDX) and the Market Vectors Junior Gold Miners ETF (GDXJ) have fallen nearly 14 percent and 23 percent year-to-date. Since hitting a record of 1,921 dollars a troy ounce last September, gold prices have [...]
TORONTO, ONTARIO -- (Marketwire) -- 06/21/12 -- Kinross Gold Corporation (TSX: K)(NYSE: KGC) will release its financial statements and operating results for the second quarter of 2012 on Wednesday, August 8, 2012, after market close. In connection with the release, Kinross will hold a conference call and audio webcast on Thursday, August 9, 2012 [...]
As conditions in Europe continue to worsen investors have been looking to gold as a safe haven, providing a boss for gold stocks. The Market Vectors Gold Miners ETF (GDX) has surged over 9 percent in the last month. According to the Industrial and Commercial Bank of China Ltd. (ICBC) gold-investment demand in China is expected to grow more than 10 [...]
