Kinross Gold Stock Price, News & Analysis

Kinross (NYSE: KGC) will redeem all outstanding $500 million aggregate principal amount of its 4.50% Senior Notes due July 15, 2027 on December 4, 2025 (the Redemption Date).

The Notes will be redeemed at a redemption price determined under the Notes' terms and will include accrued and unpaid interest to, but not including, the Redemption Date; interest will cease to accrue from and after the Redemption Date.

After the redemption, Kinross will have $750 million aggregate principal amount of Senior Notes outstanding, with the next Senior Notes maturity being $500 million due July 15, 2033. Bondholder questions should be directed to Computershare Corporate Trust via the provided contact details.

Kinross (TSX:K, NYSE:KGC) reported strong Q3 results on November 4, 2025, driven by record free cash flow and margin expansion. Key metrics: Q3 revenue $1.802B, attributable free cash flow $686.7M (record), net cash $485M and margins $2,310/Au eq. oz. Production was 503,862 Au eq. oz. with attributable AISC of $1,622/Au eq. oz. The company increased its 2025 share buyback target to $600M, approved a 17% dividend hike to $0.14 annualized, and announced early redemption of $500M senior notes due 2027. Guidance for 2025 was reaffirmed and development projects (Phase X, Curlew, Great Bear, Redbird, Lobo-Marte) progressed.

Kinross (NYSE:KGC) will release its Q3 2025 financial statements and operating results on Tuesday, November 4, 2025 after market close.

The company will host a conference call and audio webcast to discuss results on Wednesday, November 5, 2025 at 8:00 a.m. ET, followed by Q&A. Call-in numbers, passcode, replay details (available for 14 days) and a listen-only webcast are available on www.kinross.com. The audio webcast will be archived on the company website.

Kinross Gold Corporation (NYSE: KGC) has sold its entire direct equity position in Asante Gold Corporation, consisting of 36,927,650 common shares representing approximately 5.2% of outstanding shares. The transaction was executed at C$1.98 per share, generating total proceeds of C$73.1 million.

While Kinross has divested its direct shareholding, it maintains exposure to Asante through convertible instruments representing approximately 8.4% of outstanding shares on a partially diluted basis. The shares sold are subject to a hold period under Canadian securities laws until December 13, 2025.

Kinross Gold Corporation (NYSE: KGC) has announced the sale of 29,850,984 common shares of Asante Gold Corporation at C$1.55 per share, generating total proceeds of C$46.27 million. The transaction represents approximately 4.2% of Asante's outstanding shares and 44.7% of Kinross's holdings in the company.

Following the sale, Kinross retains 36,927,650 shares, along with 5,000,000 warrants and a convertible debenture. This reduces Kinross's ownership to approximately 5.2% of Asante's outstanding shares on a non-diluted basis, and 13.2% on a partially diluted basis. The company executed this sale as part of its ordinary course of investment portfolio management.

Kinross Gold Corporation (NYSE: KGC) has amended its share purchase agreement with Asante Gold Corporation, involving a complex transaction structure. Under the amended agreement, subject to conditions including US$55 million in cash payments by August 31, 2025, Asante will issue to Kinross:

- 36,927,650 common shares at C$1.45 per share
- A 5-year convertible debenture at C$1.81 conversion price

Currently holding 6.0% of Asante's shares (non-diluted), Kinross's ownership will increase to 9.5% non-diluted and up to 18% on a partially diluted basis post-transaction. The debenture's interest will be paid in-kind through principal increases, subject to a 19.9% ownership cap.

Kinross Gold (NYSE:KGC) has announced a quarterly dividend declaration of US$0.03 per common share for Q2 2025. The dividend will be paid on September 4, 2025, to shareholders of record as of August 21, 2025. The dividend qualifies as an "eligible dividend" for Canadian tax purposes, while non-resident investors will be subject to Canadian withholding taxes.

Kinross Gold (NYSE:KGC) reported robust Q2 2025 results, with record free cash flow of $646.6 million, up 87% year-over-year. The company produced 512,574 gold equivalent ounces at a production cost of $1,080 per ounce sold.

Financial highlights include revenue of $1.73 billion, up 42% year-over-year, and net earnings of $530.7 million ($0.43 per share). Margins increased significantly to $2,204 per gold equivalent ounce, outpacing the rise in gold prices.

The company remains on track to meet its 2025 guidance of 2.0 million attributable gold equivalent ounces. Kinross has returned approximately $300 million to shareholders year-to-date through share buybacks and dividends, declaring a quarterly dividend of $0.03 per share.

Kinross Gold Corporation (NYSE: KGC) has announced the complete divestment of its stake in White Gold Corp. The company sold 23,681,160 common shares, representing approximately 12% of White Gold's outstanding shares.

The shares were sold at an average price of $0.29 per share, resulting in total proceeds of $6.87 million. This transaction marks Kinross's complete exit from its White Gold investment.