Commits to $300 million over remainder of 2022 and 75% of excess cash in 2023 and 2024 Maintains quarterly dividend while protecting balance sheet and liquidity TORONTO, Sept. 19, 2022 -- Kinross Gold Corp. is pleased to announce that it is launching a new, enhanced share buyback program. The Company's Board of Directors and management believe [...]
Kinross Gold announced that it has completed the sale of all its interest in the Chirano mine in Ghana to Asante Gold for a total consideration of $225 million in cash and shares. “With the completion of the sale of Chirano, we are focused on generating value from our rebalanced portfolio, with approximately 70% of our production in 2022 expected [...]
Kinross Gold Corp. announced the appointment of Claude Schimper as Executive Vice-President and Chief Operating Officer, effective immediately. Paul Tomory, Executive Vice-President and Chief Technical Officer, will be leaving the Company on August 31, 2022 to pursue new opportunities. In his new role, Mr. Schimper will be responsible for the [...]
Kinross Gold is pleased to announce that the TSX has accepted the notice filed by the Company to renew its normal course issuer bid program. Under the NCIB program, the Company is authorized to purchase up to 65,002,277 of its common shares representing 5% of the Company’s issued and outstanding common shares, during the period starting on August [...]
Kinross Gold announced that the Company’s Board of Directors has declared a dividend of US$0.03 per common share for the second quarter of 2022. The dividend is payable on September 1, 2022 to shareholders of record as of the close of business on August 18, 2022. This dividend qualifies as an “eligible dividend” for Canadian income tax purposes [...]
Kinross Gold announced its results for the second-quarter ended June 30, 2022. This news release contains forward-looking information about expected future events and financial and operating performance of the Company. Please refer to the risks and assumptions set out in our Cautionary Statement on Forward-Looking Information located on page 33 of [...]
Kinross Gold will release its financial statements and operating results for the second quarter of 2022 on Wednesday, July 27, 2022, after market close. On Thursday, July 28, 2022 at 8:00 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 [...]
Kinross Gold is pleased to provide an update on its Red Lake, Ontario-based Great Bear project, as well as its Manh Choh project in Alaska and Curlew exploration project in Washington State. Kinross’ management team will host a presentation and question and answer session today at 9 a.m. EDT to discuss the projects via an audio webcast. To access [...]
Kinross Gold will host a virtual review session regarding its Great Bear project in Red Lake, as well as its Manh Choh project in Alaska and Curlew exploration project in Washington State, on Tuesday, June 28, 2022. Kinross’ management team will host a presentation and question and answer session at 9 a.m. EDT to discuss the projects. The [...]
Kinross Gold announced that it has completed the sale of 100% of its Russian assets to the Highland Gold Mining group of companies for total consideration of $340 million in cash. Kinross has received $300 million in U.S. denominated cash in its corporate account and will receive a deferred payment of $40 million on the one-year anniversary of [...]
Kinross Gold Corp. announced today that it has entered into a sale agreement with Asante Gold Corporation to sell its 90% interest in the Chirano mine in Ghana for a total consideration of $225 million in cash and shares. The Ghanaian government has a 10% carried interest in Chirano. Upon closing of the transaction, Kinross will receive $115 [...]
Kinross Gold Corp. will release its financial statements and operating results for the first quarter of 2022 on Tuesday, May 10, 2022, after market close. On Wednesday, May 11, 2022 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 [...]