TORONTO, Dec. 08, 2021 -- Kinross Gold Corp. is pleased to announce today that it has entered into a definitive agreement with Great Bear Resources Ltd. to acquire all of the issued and outstanding shares of Great Bear through a plan of arrangement . Through the Transaction, Kinross will acquire Great Bear's flagship Dixie project located in the renowned and prolific Red Lake mining district in Ontario, Canada. The Dixie [...]
Significant premium of 40% to Great Bear's 20-day VWAP on the TSX-V for Great Bear shareholders Option to select cash or Kinross common shares as consideration, subject to pro-ration Opportunity for continued economic participation in the future potential of the Dixie project while gaining exposure to Kinross' diverse portfolio of high-quality operating mines, sector-leading production growth and free cash flow generation [...]
Kinross Gold Corp. today announced its results for the third-quarter ended September 30, 2021. 2021 third-quarter highlights: Q3 2021 results First nine months 2021 results 2021 guidance Gold equivalent production1 483,060 1,579,928 2.1 million Production cost of sales1, 2 $870 $816 $830 All-in sustaining cost1, 2 $1,225 $1,084 $1,110 Capital expenditures $231.0 million $640.6 million $900 million Kinross is on track to [...]
Results reaffirm both projects' potential to be significant value generators as large, low cost producers Udinsk adds approximately 3 million ounces to Kinross' probable mineral reserves TORONTO, Nov. 10, 2021 -- Kinross Gold Corp. today announced the results of a pre-feasibility study for its Udinsk project in Russia and the feasibility study results for its Lobo-Marte project in Chile. CEO Commentary: J. Paul Rollinson [...]
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 2021. The dividend is payable on December 15, 2021 to shareholders of record as of the close of business on December 1, 2021. This dividend qualifies as an "eligible dividend" for Canadian income tax purposes while dividends paid to shareholders outside Canada will be [...]
Kinross Gold Corp. will release its financial statements and operating results for the third quarter of 2021 on Wednesday, November 10, 2021, after market close. On Thursday, November 11, 2021 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 numbers are as follows: Canada & US toll-free - 968-2237; Passcode: 6608479 Outside [...]
Kinross Gold Corp. is pleased to announce that the Toronto Stock Exchange has accepted the notice filed by the Company to establish a normal course issuer bid program. Under the NCIB program, the Company is authorized to purchase up to 63,096,676 of its common shares representing 5% of the Company's issued and outstanding common shares, during the period starting on August 3, 2021 and ending on August 2, 2022. In deciding [...]
Kinross Gold Corp. today announced its results for the second-quarter ended June 30, 2021. 2021 second-quarter highlights: Q2 2021 results First six months 2021 results Revised 2021 guidance Gold equivalent production1 538,091 1,096,868 2.1 million Production cost of sales1, 2 $830 $793 $830 All-in sustaining cost1, 2 $1,069 $1,022 $1,110 Capital expenditures $205.4 million $409.6 million $900 million Kinross is on track [...]
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 second quarter of 2021. The dividend is payable on September 2, 2021 to shareholders of record as of the close of business on August 19, 2021. This dividend qualifies as an "eligible dividend" for Canadian income tax purposes while dividends paid to shareholders outside Canada will be [...]
Kinross Gold Corp. is pleased to announce today that it has signed a definitive agreement with the Government of Mauritania to provide enhanced certainty on Tasiast economics. The Agreement confirms the same key terms of the agreement in principle signed on June 15, 2020, including: The continuation of tax exemptions on fuel duties1. The repayment by the Government to Kinross of approximately $40 million in outstanding [...]
Kinross Gold Corp. will release its financial statements and operating results for the second quarter of 2021 on Wednesday, July 28, 2021, after market close. On Thursday, July 29, 2021 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 - 968-2237; Passcode: 2555878 Outside of [...]
Kinross Gold Corp. today provided an update regarding the temporary suspension of milling operations at its Tasiast mine due to a fire that occurred on June 15, 2021. Mining activities and project work have resumed Kinross confirms there were no injuries as a result of the fire. Mining activities have resumed at Tasiast, including stripping to access higher grade ore. Construction work on the Tasiast 24k expansion project [...]
