Kinross Gold Corporation reports news on its gold mining operations, development pipeline, shareholder returns, and governance as a Canada-based producer listed on the TSX and NYSE. Company updates commonly cover gold-equivalent production, production costs, margins, cash flow, capital spending, and operating performance across mines and regions in the Americas and West Africa.
Recurring developments include results for operations such as Paracatu, Tasiast, La Coipa, and U.S. mines, progress on development projects including Great Bear, quarterly dividends, share repurchase programs, annual meeting voting results, auditor and executive-compensation votes, and public responses to unsolicited share offers.
Kinross Gold (KGC) will release its third-quarter 2026 financial statements and operating results after market close on October 28, 2026.
A conference call and audio webcast will follow on October 29, 2026, at 8:00 a.m. EDT, with a question-and-answer session. The webcast will be archived on the company website, and a call replay will be available for up to 14 days.
Kinross Gold (KGC) lowered its 2026 and 2027 production outlook and raised its 2026 shareholder-return target.
Annual attributable production is now expected at 1.84 million to 1.86 million gold-equivalent ounces in each year, 2% to 3% below the low end of prior guidance. At La Coipa, winter weather, lower recoveries and stockpiling of some high-copper ore reduced the outlook. Round Mountain had lower mining rates, grades and recoveries. Updated 2026 attributable production cost of sales is expected at $1,420 to $1,460 per gold-equivalent ounce sold; attributable all-in sustaining cost is expected at $1,850 to $1,900 per ounce sold.
Kinross raised its 2026 return-of-capital target to 50% of free cash flow from 40%. It has returned approximately $800 million to shareholders in 2026, including approximately $655 million in share repurchases. Paracatu and Tasiast are expected to produce a combined 1.1 million ounces in 2026, in line with prior guidance.
Kinross Gold (NYSE: KGC) reported that S&P Global Ratings upgraded its long-term issuer and unsecured debt ratings to ‘BBB’ from ‘BBB-’, with a stable outlook. S&P cited improved credit measures supported by solid cash flow and debt reduction. Kinross highlighted a net cash position of $1.9 billion, total liquidity of about $4.4 billion as of June 30, 2026, and $1.4 billion of capital returned to shareholders since January 2025.
Kinross Gold (NYSE: KGC; TSX: K) declared a quarterly dividend of US$0.04 per common share for the second quarter of 2026. The dividend will be paid on September 3, 2026 to shareholders of record at the close of business on August 20, 2026. It is designated an eligible dividend for Canadian tax purposes, and non-resident investors will be subject to Canadian withholding tax.
Kinross Gold (NYSE:KGC) provided an update on its Lobo-Marte gold project in Chile’s Maricunga belt, which is based on a 2021 feasibility study updated for inflation and execution strategy. The heap leach operation is planned with an initial ~15-year mine life and total production of about 4.6 Moz., averaging roughly 350,000 oz. of gold per year at steady state.
According to Kinross, Lobo-Marte is expected to have an estimated AISC of about $1,000/oz and average production cost of sales of $690–$700/oz, with a low strip ratio of 2.0:1. At a $4,100/oz gold price, the project has an estimated NPV (5%) of $4.3 billion, 26% IRR and a 2.3‑year payback; at $3,500/oz, NPV is $3.2 billion with 22% IRR and 2.7‑year payback. Proven and probable reserves are approximately 6.7 Moz, with a further 2.8 Moz of Measured and Indicated and 670,000 oz inferred resources. Initial capital is forecast at about $1.8 billion, to be self‑funded from operating cash flow, with first gold targeted in the early 2030s. The EIA was accepted for review by Chile’s SEA in Q2 2026, and permitting, detailed engineering and procurement are advancing.
Kinross Gold (NYSE: KGC) reported Q2 2026 attributable production of 492,326 gold equivalent ounces, down 4% year-over-year, with production cost of sales of $1,336 per Au eq. oz. and attributable all-in sustaining cost of $1,821 per Au eq. oz. sold. Revenue rose 29% to $2,238.1 million, driven by a 37% increase in the average realized gold price to $4,483 per ounce, while margin per Au eq. oz. sold increased 42% to $3,131.
Operating cash flow was $1,145.9 million and attributable free cash flow reached $726.8 million. Net earnings were $844.2 million, or $0.71 per share, up 59% year-over-year. Cash and cash equivalents grew to $2.7 billion with net cash of $1.9 billion. Year-to-date, Kinross has returned about $615 million to shareholders via buybacks and dividends, and declared a $0.04 quarterly dividend. The company reaffirmed 2026 guidance of 2.0 million Au eq. oz. (+/-5%) and $1,500 million (+/-5%) in attributable capital expenditures, and highlighted Lobo-Marte with an NPV of $4.3 billion at a $4,100 gold price.
Kinross (NYSE:KGC) will release its Q2 2026 financial statements and operating results on Wednesday, July 29, 2026, after market close.
The company will host a conference call and live audio webcast on Thursday, July 30, 2026 at 8:00 a.m. EDT, followed by a Q&A session.
Kinross Gold (NYSE:KGC) released its 18th annual 2025 Sustainability Report, highlighting performance across People, Planet, Efficiency and Governance.
Key 2025 results include $4.9 billion in economic benefits to host countries, strong ESG ratings, zero tailings breaches, energy-efficiency savings and progress toward 2030 greenhouse gas intensity targets.
Kinross Gold (TSX: K, NYSE: KGC) announced voting results from its Annual Meeting held April 30, 2026. All board nominees named in the March 3, 2026 circular were elected, with individual "for" votes ranging from 96.43% to 99.91%.
The "Say on Pay" advisory resolution passed with 92.98% for. The appointment of auditors was approved with 90.49% for and 9.51% withheld. A full report has been filed on SEDAR+.
Kinross Gold (NYSE: KGC) declared a quarterly dividend of US$0.04 per common share for Q1 2026. The dividend is payable on June 4, 2026 to shareholders of record at close of business on May 21, 2026. The dividend qualifies as an eligible dividend for Canadian tax purposes; non-resident shareholders will be subject to Canadian withholding taxes.