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Kinross Gold Corp (K.TO)

K.TO on Toronto Stock Exchange

6.88CAD
20 Sep 2019
Change (% chg)

$0.22 (+3.30%)
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Volume
8,031,348
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Latest Key Developments (Source: Significant Developments)

Kinross To Acquire High-Quality Development Project With A Large Estimated Resource
Thursday, 1 Aug 2019 

July 31 (Reuters) - Kinross Gold Corp ::KINROSS TO ACQUIRE HIGH-QUALITY DEVELOPMENT PROJECT WITH A LARGE ESTIMATED RESOURCE.KINROSS GOLD CORP - DEAL FOR $283 MILLION.KINROSS GOLD - N-MINING WILL HAVE RIGHT TO ECONOMIC PARTICIPATION EQUIVALENT TO A 1.5% NSR PAYMENT, CONTINGENT CONSIDERATION LINKED TO FUTURE RESERVE ADDITIONS.KINROSS GOLD CORP - ANNOUNCE AN AGREEMENT WITH N-MINING LIMITED ("N-MINING") TO ACQUIRE CHULBATKAN.  Full Article

Kinross Reports Q2 Earnings Per Share $0.06
Thursday, 1 Aug 2019 

July 31 (Reuters) - Kinross Gold Corp ::KINROSS REPORTS 2019 SECOND-QUARTER RESULTS.Q2 EARNINGS PER SHARE $0.06.Q2 ADJUSTED EARNINGS PER SHARE $0.06.SAYS ON TRACK TO MEET 2019 ANNUAL GUIDANCE FOR PRODUCTION, COST OF SALES PER OUNCE.SAYS ON TRACK TO MEET 2019 ANNUAL GUIDANCE FOR ALL-IN SUSTAINING COST PER OUNCE AND CAPITAL EXPENDITURES.QUARTERLY GOLD EQUIVALENT PRODUCTION 648,251 OUNCES.  Full Article

Kinross Reports Q1 Earnings Per Share $0.05
Wednesday, 8 May 2019 

May 7 (Reuters) - Kinross Gold Corp ::KINROSS REPORTS 2019 FIRST-QUARTER RESULTS.Q1 EARNINGS PER SHARE $0.05.Q1 ADJUSTED EARNINGS PER SHARE $0.07.ON TRACK TO MEET PRODUCTION AND COST GUIDANCE.ON TRACK TO MEET ITS 2019 CAPITAL EXPENDITURE FORECAST OF APPROXIMATELY $1,050 MILLION (+/-5%).PRODUCED 606,031 ATTRIBUTABLE AU EQ. OZ. IN Q1 OF 2019, COMPARED WITH 653,937 AU EQ. OZ. IN Q1 OF 2018.REVENUE FROM METAL SALES WAS $786.2 MILLION IN THE FIRST QUARTER OF 2019, COMPARED WITH $897.2 MILLION.ALL-IN SUSTAINING COST PER AU EQ. OZ. SOLD WAS $925 IN Q1 2019, COMPARED WITH $846 IN Q1 2018.ALL-IN SUSTAINING COST PER AU OZ. SOLD ON A BY-PRODUCT BASIS WAS $917 IN Q1 2019, COMPARED WITH $835 IN Q1 2018.EXPECTS TO COMPLETE EVALUATION OF LOW-COST ALTERNATIVE APPROACHES TO INCREASE THROUGHPUT AT TASIAST IN SECOND HALF OF 2019.  Full Article

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

UPDATE 1-Gold at $1,500 is a new price floor, Kinross CEO says

DENVER, Sept 16 Gold prices look to have established a new floor at $1,500 per ounce, Kinross Gold Corp's chief executive officer said on Monday, giving the Canadian miner confidence to push ahead with expansion plans at a key West African mine.