Welcome to our dedicated page for Kinross Gold news (Ticker: KGC), a resource for investors and traders seeking the latest updates and insights on Kinross Gold stock.
Kinross Gold Corporation (KGC) is a leading global gold producer with mines across the Americas and West Africa. This news hub provides investors and industry professionals with verified updates on operational developments, financial results, and strategic initiatives shaping the company's growth in the mining sector.
Access real-time announcements including quarterly earnings reports, mineral reserve updates, leadership changes, and sustainability initiatives. Our curated collection features official press releases alongside third-party analysis of production metrics, exploration progress, and market positioning.
Key updates cover mine expansion projects, cost optimization strategies, and compliance with environmental regulations. Track Kinross Gold's execution of its disciplined capital allocation framework through acquisition announcements and portfolio optimization decisions.
Bookmark this page for direct access to primary source materials that inform investment decisions and sector analysis. Check regularly for updates on operational milestones from key assets including Tasiast, Paracatu, and Fort Knox mines.
Kinross Gold Corporation (NYSE: KGC) has announced a quarterly dividend declaration of US$0.03 per common share for Q1 2025. The dividend will be paid on June 12, 2025, to shareholders recorded as of May 29, 2025. The company noted that this dividend qualifies as an "eligible dividend" for Canadian tax purposes, while non-resident investors will be subject to Canadian non-resident withholding taxes.
Kinross Gold Corporation (NYSE: KGC) has acquired 7,574,237 units of Eminent Gold Corp. at $0.40 per unit, for a total investment of $3,029,694.80. Each unit consists of one common share and half a share purchase warrant. The warrants allow holders to purchase additional shares at $0.70 per share within 24 months.
Through this acquisition, Kinross now owns approximately 9.9% of Eminent's outstanding shares on a non-diluted basis and 14.15% on a partially diluted basis. Kinross has agreed to a standstill provision limiting its ownership to 19.9% on a partially diluted basis. Prior to this investment, Kinross held no securities in Eminent.
Kinross Gold (NYSE: KGC) has announced a temporary suspension of mill operations at its Tasiast facility following a mill fire incident on April 14, 2025. The fire, which was contained to the SAG discharge area, has been fully extinguished with no reported injuries.
Mining operations continue as planned, and the company maintains its existing guidance for Tasiast. Critical spare parts are available on-site, and Kinross is currently investigating the cause while assessing potential operational impacts.
Kinross Gold (NYSE: KGC) has announced it will release its Q1 2025 financial statements and operating results on Tuesday, May 6, 2025, after market close. The company will host a conference call and audio webcast to discuss the results on Wednesday, May 7, 2025, at 7:45 a.m. EDT.
The company's Annual Meeting of Shareholders will be held virtually on Wednesday, May 7, 2025, at 10:00 a.m. EDT via live audio webcast, providing enhanced flexibility for shareholder participation regardless of location. The virtual meeting will be accessible through Lumiconnect.com.
The company has also announced that its 2024 Annual Report, Management Information Circular, Annual Information Form, and Form 40-F have been filed with SEDAR+ and EDGAR.
Kinross Gold (TSX: K, NYSE: KGC) has announced the renewal of its normal course issuer bid (NCIB) program, authorized by the Toronto Stock Exchange. The program allows Kinross to purchase up to 110,350,160 common shares, representing 10% of its public float, between March 24, 2025, and March 23, 2026.
The company can make daily repurchases of up to 853,989 shares on the TSX and 25% of average daily trading volume on the NYSE. Kinross believes the market price may not fully reflect share value and considers buybacks an attractive use of funds. The program, along with quarterly dividends, is supported by the company's investment-grade balance sheet and strong free cash flow generation.
All purchased shares will be cancelled. Under the previous NCIB approved in August 2023, which authorized repurchasing up to 108,440,227 shares, no common shares were repurchased.
Kinross Gold (TSX: K, NYSE: KGC) has announced a strategic investment in Relevant Gold Corp. through a non-brokered private placement agreement. The deal involves acquiring 15,410,000 common shares at $0.30 per share, totaling $4,623,000.
Following the transaction, Kinross will increase its ownership from 6.8% to approximately 19.9% of Relevant Gold's issued and outstanding shares. Including 2,550,000 share purchase warrants, Kinross's ownership would reach 21.8% on a partially diluted basis. The company has agreed not to exercise warrants that would result in over 20% ownership without shareholder approval.
The transaction is expected to close in March 2025, subject to customary conditions.
Kinross Gold (TSX: K; NYSE: KGC) has announced a quarterly dividend declaration of US$0.03 per common share for the fourth quarter of 2024. The dividend will be paid on March 20, 2025, to shareholders who are on record as of March 5, 2025. The company noted that this dividend qualifies as an 'eligible dividend' for Canadian income tax purposes, while non-resident investors will be subject to Canadian non-resident withholding taxes.
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