Kinross Gold Corp. today announced its results for the fourth quarter and year ended December 31, 2020. 2020 full-year results and guidance: 2020 guidance 2020 full-year results 2021 guidance Gold equivalent production1 2.4 million 2.4 million 2.4 million Production cost of sales1, 2 $720 $723 $790 All-in sustaining cost1, 2 $970 $987 $1,025 [...]
Aurion Resources Ltd. is pleased to announce a non-brokered private placement of common shares by Kinross Gold Corporation which on closing will enable Kinross to maintain its ownership position of 9.98% of the issued and outstanding common shares of the Company. By news releases dated January 29, 2021 and February 1, 2021, the Company announced a [...]
Kinross Gold Corp. announced today that it has acquired 3,125,000 common shares of Wolfden Resources Corp. in a non-brokered private placement at a price of CA$0.32 per common share for total consideration of CA$1,000,000. Prior to completion of the transaction, Kinross held 12,500,000 common shares, representing approximately 9.6% of the [...]
Kinross Gold Corp. will release its 2020 fourth-quarter and full-year financial statements and operating results on Wednesday, February 10, 2021, after market close. The Company will also provide its full-year 2021 guidance, mineral reserve and mineral resource statement as of December 31, 2020, and an exploration and project update. Kinross will [...]
Kinross Gold Corp. today announced that the Company’s Board of Directors has declared a dividend of US$0.03 per common share for the third quarter of 2020. The dividend is payable on December 10, 2020 to shareholders of record as of the close of business on November 25, 2020. This dividend qualifies as an “eligible dividend” for Canadian income tax [...]
Kinross Gold Corp. today announced its results for the third quarter ended September 30, 2020. 2020 third-quarter highlights: Q3 2020 results First nine months 2020 results 2020 guidance Gold equivalent production1 603,312 1,742,616 2.4 million Production cost of sales 1,2 $737 $738 $720 All-in sustaining cost1,2 $958 $978 $970 Capital expenditures [...]
FinancialNewsMedia.com News Commentary In uncertain economic times, investors tend to put their money in gold. So it's perhaps little surprise that gold prices started to rise at the beginning of the year as the coronavirus started spreading in China and Europe and investors feared a global economic downturn. Gold prices have soared so far this [...]
Kinross Gold Corp. today announced that it expects to produce an average of approximately 2.5 million gold equivalent ounces 1 per year from 2020 – 2029 driven primarily by promising organic opportunities across its global portfolio. The Company previously announced on September 17, 2020 that it expects to increase production by 20% from 2021 [...]
Kinross Gold Corp. plans to release its financial statements and operating results for the third quarter of 2020 on Wednesday, November 4, 2020, after market close. On Thursday, November 5, 2020 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 [...]
Kinross Gold Corp. will host a presentation and question and answer session on October 20, 2020 from 10:00 a.m. – 12:00 p.m. ET to discuss operational details regarding the Company’s recently announced three-year guidance and additional opportunities in its portfolio. The call-in numbers are as follows: Canada & US toll-free – +1 968-2237 [...]
Kinross Gold Corp. is pleased to announce that it has entered into agreements to acquire a 70% interest in the high-quality Peak Gold project in Alaska from Royal Gold, Inc. and Contango ORE, Inc. for total cash consideration of $93.7 million. Kinross will have broad authority to construct and operate the Peak Gold project, with Contango retaining [...]
Kinross Gold Corp. today announced its robust three-year guidance, with production expected to steadily increase by 20% to 2.9 million gold equivalent ounces1 in 2023 and an overall downward trend in production cost of sales and capital expenditures to drive strong free cash flow. The Company also announced that its Board of Directors has declared [...]