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 while dividends paid to shareholders outside Canada (non-resident investors [...]
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 this release. All dollar amounts are expressed in U.S. dollars, unless [...]
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 follows: Canada & US toll-free – (888) 330-2446; Passcode: 4915537. Outside of [...]
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 the webcast:
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 presentation will be accessible via audio webcast on www.kinross.com, where it will [...]
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 closing. As disclosed on April 5, 2022, the previously agreed total [...]
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 million in cash. Kinross will also receive a number of Asante common shares [...]
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 follows: Canada & US toll-free - 968-2237; Passcode: 5893677 Outside of Canada [...]
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 study in 2023. Kinross expects to complete approximately 200,000 metres of [...]
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 surrounding exploration licenses, which includes payment of $100 million upon [...]
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 third-party mining company regarding a potential sale of 100% of its assets in the [...]
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. "Thanks to the hard work and contributions of our team in Chile, we were able [...]
