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 (KGC) reported strong 2024 results, meeting all key guidance metrics. The company achieved record free cash flow of $1.3 billion and repaid $800 million of debt. Key highlights include:
- Production of 2.13 million gold equivalent ounces in 2024
- Average realized gold price of $2,393 per ounce for 2024
- Revenue increased 21% year-over-year to $5.15 billion
- Net earnings of $948.8 million ($0.77 per share) in 2024
- Cash and cash equivalents of $611.5 million with total liquidity of $2.3 billion
The company declared a quarterly dividend of $0.03 per share and forecasts stable production guidance of approximately 2.0 million attributable gold equivalent ounces through 2027. Operational highlights include record throughput at Tasiast and strong performance at Paracatu, delivering over 500,000 gold ounces for the 7th consecutive year.
Kinross Gold (TSX: K; NYSE: KGC) has announced its schedule for releasing 2024 fourth-quarter and full-year financial results on February 12, 2025, after market close. Along with the financial results, the company will provide its full-year 2025 guidance, mineral reserve and resource statement as of December 31, 2024, and an exploration project update.
The company has also outlined its complete 2025 quarterly reporting schedule: Q1 results on May 6, Q2 results on July 30, and Q3 results on November 4, all after market close. The Annual Meeting of Shareholders is scheduled for May 7, 2025, at 10 a.m. ET. Each results announcement will be followed by a conference call and audio webcast for investors and analysts.
Kinross Gold (TSX: K; NYSE: KGC) has announced a quarterly dividend declaration of US$0.03 per common share for the third quarter of 2024. The dividend will be paid on December 12, 2024, to shareholders recorded at the close of business on November 28, 2024. The 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 (NYSE: KGC) reported robust third-quarter 2024 results, highlighted by significant margin expansion and record free cash flow generation. The company achieved a notable milestone with a $350 million debt repayment during the quarter. Operations showed strong performance with first gold production from the Manh Choh project and promising Preliminary Economic Assessment (PEA) results at Great Bear. The company maintains its trajectory to meet annual guidance targets, demonstrating operational stability and financial strength.
Kinross Gold (TSX: K; NYSE: KGC) has announced that it will release its financial statements and operating results for the third quarter of 2024 on Tuesday, November 5, 2024, after market close. The company will hold a conference call and audio webcast on Wednesday, November 6, 2024, at 8:00 a.m. ET to discuss the results, followed by a question-and-answer session.
The press release provides call-in numbers for Canada & US toll-free and international participants, as well as replay information available for 14 days after the call. Additionally, a listen-only webcast option will be available on the company's website, www.kinross.com, where the audio will also be archived.
Kinross Gold (TSX: K, NYSE: KGC) has released a positive update on its Great Bear project in Red Lake, Ontario, Canada. The Preliminary Economic Assessment (PEA) reveals impressive annual production exceeding 500,000 ounces of gold, with low All-In Sustaining Costs (AISC) of approximately $800 per ounce. These figures suggest strong profit margins for the project. Additionally, drilling beyond the PEA inventory has uncovered high-grade mineralization at depth, indicating potential for future resource expansion. This development marks a significant milestone for Kinross, potentially bolstering its production portfolio and financial outlook in the coming years.
Kinross Gold (TSX:K; NYSE:KGC) has announced a virtual presentation and Q&A session scheduled for September 10, 2024, at 9 a.m. EDT. The event will focus on releasing the Preliminary Economic Assessment for the Great Bear project. Investors and interested parties can access the presentation via an audio webcast on the company's website, www.kinross.com, where it will also be archived for future reference.
For those wishing to participate in the call, toll-free numbers are provided for Canada and US (1-866-613-0812), as well as an international number (647-694-2812). A replay of the call will be available for 30 days, accessible through provided phone numbers and a passcode. This update on the Great Bear project is likely to provide valuable insights into Kinross's future operations and potential economic impact.
Kinross Gold (TSX: K; NYSE: KGC) has announced a quarterly dividend of US$0.03 per common share for the second quarter of 2024. The dividend will be paid on September 6, 2024, to shareholders of record as of the close of business on August 22, 2024. This dividend qualifies as an "eligible dividend" for Canadian income tax purposes. Non-resident investors will be subject to Canadian non-resident withholding taxes. The declaration of this dividend demonstrates Kinross's commitment to providing returns to shareholders and confidence in its financial position.
Kinross Gold (TSX: K, NYSE: KGC) reported strong Q2 2024 results, highlighting robust margins and significant free cash flow that enabled a $200 million debt repayment. The company noted positive progress across all growth projects, including first gold production from Manh Choh. Additionally, Kinross reported high-grade exploration results at Great Bear, Round Mountain, and Curlew projects.
The strong performance underscores Kinross's operational efficiency and strategic growth initiatives. The debt repayment strengthens the company's financial position, while the advancement of growth projects and promising exploration results indicate potential for future expansion and increased gold production.
Li-Cycle Holdings Corp. (NYSE: LICY) has appointed Craig Cunningham as its permanent Chief Financial Officer (CFO), effective July 20, 2024. Cunningham, who has served as interim CFO since March 2024, brings nearly two decades of experience in accounting, finance, operations, and capital markets, with a strong background in the battery materials and mining sectors. His appointment comes as Li-Cycle continues to execute key objectives, including working with the U.S. Department of Energy on financing documentation for a potential loan and reviewing the Rochester Hub project. Cunningham's experience includes roles at Electra Battery Materials and Kinross Gold , positioning him to support Li-Cycle's growth and strategic priorities in the lithium-ion battery resource recovery industry.