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India

Kinross Gold Corp (K.TO)

K.TO on Toronto Stock Exchange

3.74CAD
21 Aug 2018
Change (% chg)

$0.00 (+0.00%)
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Volume
1,716,904
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Latest Key Developments (Source: Significant Developments)

Kinross Russia Says operations Remain Unaffected By U.S. Sanctions
Tuesday, 10 Apr 2018 

April 9 (Reuters) - Kinross Gold Corp ::KINROSS RUSSIA OPERATIONS REMAIN UNAFFECTED BY U.S. SANCTIONS.KINROSS GOLD-MINING OPERATIONS IN RUSSIA CONTINUE TO OPERATE ACCORDING TO PLAN AND REMAIN UNAFFECTED BY NEW SANCTIONS ANNOUNCED BY US ON APRIL 6, 2018.KINROSS GOLD CORP <<>> - WILL CONTINUE TO MONITOR SANCTION LEGISLATION IN CANADA, U.S. AND EUROPEAN UNION SO CO AND UNITS REMAIN IN COMPLIANCE.  Full Article

Kinross Gold Corp Files For Mixed Shelf Of Upto $1.0 Bln
Tuesday, 6 Mar 2018 

March 6 (Reuters) - Kinross Gold Corp ::KINROSS GOLD CORP FILES FOR MIXED SHELF OF UPTO $1.0 BILLION - SEC FILING.  Full Article

Kinross Q4 Earnings Per Share $0.17
Thursday, 15 Feb 2018 

Feb 14 (Reuters) - Kinross Gold Corp ::KINROSS REPORTS 2017 FOURTH-QUARTER AND FULL-YEAR RESULTS.Q4 REVENUE $810.3 MILLION VERSUS $902.8 MILLION.Q4 ADJUSTED EARNINGS PER SHARE $0.01.Q4 EARNINGS PER SHARE $0.17.EXPECTS TO PRODUCE 2.5 MILLION AU EQ. OZ. (+/- 5%) AT A PRODUCTION COST OF SALES PER AU EQ. OZ. OF $730 (+/- 5%) IN 2018.2018 ALL-IN SUSTAINING COST IS FORECAST TO BE $975 PER OUNCE SOLD ON BOTH A GOLD EQUIVALENT AND BY-PRODUCT BASIS (+/- 5%).TOTAL CAPITAL EXPENDITURES ARE FORECAST TO BE APPROXIMATELY $1,075 MILLION (+/- 5%) IN 2018.QTRLY PRODUCTION OF 652,710 GOLD EQUIVALENT OUNCES (AU EQ. OZ.), COMPARED WITH 746,291 AU EQ. OZ. IN Q4 2016.QTRLY ALL-IN SUSTAINING COST $1,019 PER AU EQ. OZ. SOLD, COMPARED WITH $1,012 IN Q4 2016.  Full Article

Kinross Announces Acquisition Of Power Plants In Brazil To Secure Long-Term, Low-Cost Power For Paracatu Mine
Thursday, 15 Feb 2018 

Feb 14 (Reuters) - Kinross Gold Corp ::KINROSS ANNOUNCES ACQUISITION OF POWER PLANTS IN BRAZIL TO SECURE LONG-TERM, LOW-COST POWER FOR PARACATU MINE.KINROSS GOLD CORP - ‍AGREED TO ACQUIRE TWO HYDROELECTRIC POWER PLANTS IN BRAZIL FOR $257 MILLION​.KINROSS GOLD CORP - KINROSS EXPECTS TO FUND ACQUISITION BY PURSUING DEBT FINANCING OF APPROXIMATELY $200 MILLION.KINROSS GOLD CORP - EXPECTS TO FUND DEAL ALSO FROM EXISTING LIQUIDITY, WHICH TOTALLED APPROXIMATELY $2.6 BILLION AT YEAR-END 2017.KINROSS GOLD CORP - ‍KINROSS BRASIL MINERAÇAO TO ACQUIRE POWER PLANTS FROM A SUBSIDIARY OF GERDAU SA​.KINROSS GOLD - TO HELP FACILITATE A TRANSITION OF OWNERSHIP AND MANAGEMENT, EXPECTS TO ASSUME EXISTING BCQ AND CAÇU OPERATIONS, MAINTENANCE CONTRACT.KINROSS GOLD CORP - ‍ACQUISITION IS EXPECTED TO ALLOW KINROSS TO SIGNIFICANTLY LOWER OPERATING COSTS AT PARACATU​.KINROSS GOLD-‍ACQUIRED PLANTS EXPECTED TO SECURE LONG-TERM SUPPLY OF POWER FOR CO'S PARACATU MINE,RESULTING IN LOWER PRODUCTION COSTS OVER LIFE OF MINE​.  Full Article

Kinross reports Q3 earnings per share $0.05
Thursday, 9 Nov 2017 

Nov 8 (Reuters) - Kinross Gold Corp :Kinross reports 2017 third-quarter results.Q3 earnings per share $0.05.Q3 revenue $828 million versus $910.2 million.Q3 adjusted earnings per share $0.07.Kinross Gold Corp - ‍tracking towards high end of 2017 production and low end of cost guidance​.Kinross Gold Corp qtrly ‍production of 653,993 gold equivalent ounces, compared with 684,129 au eq. oz. In q3 2016​.Kinross Gold Corp qtrly ‍all-in sustaining cost was $937 per au eq. oz. Sold, compared with $1,001 in q3 2016​.Kinross Gold Corp - ‍company expects to be within its capital expenditures guidance of $900 million (+/- 5%)​ for 2017.Kinross Gold Corp sees ‍2017 production 2.5 - 2.7 million au eq. oz​.Kinross Gold Corp sees 2017 all-in sustaining cost $925 - $1,025 per au eq. oz..Kinross Gold Corp - qtrly ‍adjusted net earnings $0.07 per share​.  Full Article

Ashanti Gold exercises option agreement with Kinross subsidiary
Wednesday, 18 Oct 2017 

Oct 17 (Reuters) - Ashanti Gold Corp -:Ashanti Gold exercises option agreement with Kinross subsidiary.Ashanti Gold Corp - ‍ option agreement to earn a 100 percent interest in three prospecting licenses located in Ashanti belt in Central Ghana​.  Full Article

Integra Resources to acquire Delamar project from Kinross Gold
Tuesday, 19 Sep 2017 

Sept 19 (Reuters) - Integra Resources Corp :Integra Resources to acquire Delamar project from Kinross Gold.Integra Resources - ‍to acquire 100% of Delamar gold and silver project from a wholly-owned subsidiary Of Kinross Gold Corporation for C$7.5 million​.  Full Article

Kinross Gold says to proceed with Tasiast Phase Two, Round Mountain Phase W expansion projects
Monday, 18 Sep 2017 

Sept 18 (Reuters) - Kinross Gold Corp ::Kinross Gold says to proceed with Tasiast Phase Two and Round Mountain Phase W expansion projects.Kinross - Expect Tasiast Phase Two to increase mill capacity to 30,000 tonnes/day to produce average of about 812,000 gold ounces/year for first 5 yrs.Kinross - Tasiast Phase Two expected to generate free cash flow of $2.2 billion over life of mine; commercial production expected to begin Q3 2020.Kinross - Expect initial construction for phase two to begin early 2018; expects initial plant, infrastructure capital costs of about $590 million.Kinross Gold - Round Mountain Phase W expected to extend mining by 5 years, increase life-of-mine production by 1.5 million au oz. at one of co's mines.Kinross - Phase W expected to generate incremental cash flow of $265 million, sustain annual production at average of about 341,000 au oz. Through 2024.Kinross Gold - expects to finance Tasiast Phase Two, Round Mountain Phase W projects with balance sheet, existing liquidity, operating cash flows.  Full Article

Aurion announces private placement financing with Kinross Gold Corporation
Thursday, 7 Sep 2017 

Sept 7 (Reuters) - Aurion Resources Ltd ::Aurion announces private placement financing with Kinross Gold Corporation.Aurion Resources Ltd says private placement will result in issuance of 6.8 million shares.Aurion Resources Ltd says ‍on closing, Kinross will own 9.98% of then issued shares of Aurion​.Aurion Resources Ltd says ‍net proceeds from private placement will be used by company for exploration and development of its properties in Finland​.Aurion Resources says co has negotiated non-brokered private placement of common shares with Kinross Gold Corporation​ ‍at a price of $2.32 per common share.  Full Article

Kinross Q2 earnings per share $0.03
Thursday, 3 Aug 2017 

Aug 2 (Reuters) - Kinross Gold Corp :Kinross reports 2017 second-quarter results.Q2 earnings per share $0.03.Q2 revenue $868.6 million versus $876.4 million.Kinross Gold Corp- ‍company expects to meet its 2017 capital expenditures forecast of approximately $900 million​.Kinross Gold Corp- ‍company expects to be within its 2017 production guidance range of about 2.5 - 2.7 million Au eq. oz.​.Kinross Gold Corp- ‍company expects to be within its 2017 all-in sustaining cost guidance range of $925 - $1,025 per Au eq. oz. sold​.  Full Article

BRIEF-Kinross Q1 Earnings Per Share $0.09

* QTRLY PRODUCTION 653,937 GOLD EQUIVALENT OUNCES COMPARED WITH 671,956 AU EQ. OZ. IN Q1 2017