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) generates frequent news as a Canada-based gold producer with operating mines, development projects and financial activities across multiple jurisdictions. News coverage for Kinross often centers on its production performance, project development milestones, capital allocation decisions and corporate finance actions.
Investors following Kinross news can expect regular updates on quarterly and annual operating results, including gold equivalent ounces produced and sold, production cost of sales per gold equivalent ounce, all-in sustaining cost per gold equivalent ounce, operating cash flow, free cash flow and net earnings. These releases provide insight into the company’s cost structure, margins and overall financial position.
Project-related news is another key focus. Kinross issues detailed announcements on the progress of its growth projects, such as Round Mountain Phase X and Bald Mountain Redbird in Nevada, the Kettle River-Curlew (Curlew) project in Washington and the Great Bear project in Canada. These updates may describe underground development, drilling results, mine life extensions, mine plans, expected production contributions and capital expenditure plans, as well as decisions to proceed with construction.
Kinross news also covers capital structure and rating developments. Examples include the early redemption of Senior Notes, repayment of debt and credit rating actions such as the Moody’s upgrade of the company’s senior unsecured rating to Baa2. Additional items include announcements about dividend increases, share repurchase targets and transactions involving investments in other companies, such as changes in Kinross’ holdings of Asante Gold Corporation securities.
By monitoring this news feed, readers can track how Kinross manages its gold mining operations, advances its project pipeline, allocates capital and responds to market conditions, all based on the company’s own disclosures and regulatory filings.
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.
Eminent Gold Corp. (OTCQB: EMGDF) has initiated a high-resolution gravity geophysical survey at its Hot Springs Range Project (HSRP) in Humboldt County, Nevada. The survey, conducted in collaboration with Kinross Gold Corporation, a 9.9% shareholder, focuses on the Otis target area adjacent to the 50-million-ounce Au Getchell Trend.
The survey aims to identify structural features that could control mineralization and enhance drill targeting. The company plans to resume drilling in August after completing and interpreting the gravity data. The program will also examine the entire 15km-long Hot Springs Range trend, including the Eden and Sitka targets, potentially revealing new exploration opportunities.