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 [...]
Kinross Gold Corp. is pleased to provide an update on its development plan at the Red Lake, Ontario-based Great Bear project, following the completion of the acquisition of Great Bear Resources Ltd. on February 24, 2022. Kinross plans to declare an initial inferred mineral resource as part of its 2022 year-end results and commence a pre-feasibility [...]
Kinross Gold Corp. announced today that it has entered into a definitive agreement with the Highland Gold Mining group of companies and its affiliates to sell 100% of its Russian assets for total consideration of $680 million in cash. As part of the transaction, Kinross will receive a total of $400 million in cash for the Kupol mine and the [...]
Kinross Gold Corp. today provided an update regarding its activities in Russia. Subsequent to Kinross' disclosure on March 2, 2022, the Company has been developing a transition plan to divest its Russian assets. Kinross has received a number of unsolicited proposals regarding its Russian business and is now in exclusive negotiations with a [...]
Kinross Gold Corp. is pleased to announce that its La Coipa project in Chile achieved a significant milestone and poured its first gold bar. The project commenced commissioning at its plant in early February 2022, on schedule and under budget, with the plant expecting to ramp up over the next few months to reach full operating capacity mid-year [...]
Kinross Gold Corp. announced today that it has arranged a new US$1.0 billion term loan. The three-year term loan will mature on March 7, 2025, has no mandatory amortization payments, and has a flexible repayment schedule. Kinross used the proceeds of the financing to repay amounts drawn under its US$1.5 billion revolving credit facility in [...]
