Kinross Gold SEC Filings

Kinross Gold Corporation reported a very strong 2025, driven by much higher gold prices and solid operations. Full-year gold equivalent production was 2,012,106 attributable ounces, slightly below 2024, but revenue rose to $7,051.1 million from $5,148.8 million.

Reported net earnings jumped to $2,390.1 million, or $1.96 per share, versus $948.8 million, while attributable free cash flow climbed to $2,473.5 million from $1,340.2 million. Record margins and cash generation allowed Kinross to repay about $700 million of debt, ending 2025 in a net cash position of $1.0 billion with total liquidity of roughly $3.5 billion.

The company returned $752.4 million to shareholders in 2025 through buybacks and dividends, repurchasing $600.3 million of stock and shrinking its share count by 2.5%. The quarterly dividend was raised again to $0.04 per share, a 33% increase since Q3 2025, and Kinross plans to target 40% of free cash flow for capital returns in 2026.

For 2026, Kinross guides to stable attributable production of 2.0 million gold equivalent ounces, with attributable production cost of sales of $1,360 per ounce and all-in sustaining cost of $1,730 per ounce, and expects about $1,500 million of attributable capital expenditures to fund projects such as Great Bear, Round Mountain Phase X, Curlew and Bald Mountain Redbird 2.

Kinross Gold reported a strong 2025, with metal sales rising 37% to $7,051.1 million as the average realized gold price jumped 43% to $3,423 per ounce. Total gold equivalent production declined 5% to 2,069,910 ounces as planned, while production cost of sales per equivalent ounce sold increased 12% to $1,140.

Net earnings attributable to common shareholders climbed to $2,390.1 million, or $1.96 per basic share, up sharply from $0.77 per share in 2024, driven by much higher margins. Operating cash flow rose to $3,760.5 million and attributable free cash flow to $2,473.5 million, allowing debt reduction to $738.2 million and cash to grow to $1,742.3 million.

For 2026, Kinross guides to 2.0 million attributable gold equivalent ounces (+/- 5%), with attributable production cost of sales of $1,360 per equivalent ounce and attributable all-in sustaining cost of $1,730. Attributable capital expenditures are forecast at $1,500.0 million, including major spending on Round Mountain Phase X, Bald Mountain Redbird 2, Curlew and Great Bear.

Kinross Gold reported a strong 2025, with metal sales rising 37% to $7,051.1 million as the average realized gold price jumped 43% to $3,423 per ounce. Total gold equivalent production declined 5% to 2,069,910 ounces as planned, while production cost of sales per equivalent ounce sold increased 12% to $1,140.

Net earnings attributable to common shareholders climbed to $2,390.1 million, or $1.96 per basic share, up sharply from $0.77 per share in 2024, driven by much higher margins. Operating cash flow rose to $3,760.5 million and attributable free cash flow to $2,473.5 million, allowing debt reduction to $738.2 million and cash to grow to $1,742.3 million.

For 2026, Kinross guides to 2.0 million attributable gold equivalent ounces (+/- 5%), with attributable production cost of sales of $1,360 per equivalent ounce and attributable all-in sustaining cost of $1,730. Attributable capital expenditures are forecast at $1,500.0 million, including major spending on Round Mountain Phase X, Bald Mountain Redbird 2, Curlew and Great Bear.

Kinross Gold Corporation is increasing its shareholder payout. The Board approved a 14% increase to the Company’s annual cash dividend, which will now total $0.16 per share on an annualized basis. This follows a prior increase announced in November 2025, bringing the total dividend increase to 33% since Q3 2025.

The Board also declared a quarterly dividend of $0.04 per common share for the fourth quarter of 2025, payable on March 26, 2026 to shareholders of record as of March 11, 2026. The dividend is designated an eligible dividend for Canadian tax purposes, while non-resident investors will be subject to Canadian withholding tax.

Kinross Gold Corporation is increasing its shareholder payout. The Board approved a 14% increase to the Company’s annual cash dividend, which will now total $0.16 per share on an annualized basis. This follows a prior increase announced in November 2025, bringing the total dividend increase to 33% since Q3 2025.

The Board also declared a quarterly dividend of $0.04 per common share for the fourth quarter of 2025, payable on March 26, 2026 to shareholders of record as of March 11, 2026. The dividend is designated an eligible dividend for Canadian tax purposes, while non-resident investors will be subject to Canadian withholding tax.

BlackRock, Inc. has filed an amended ownership report showing it beneficially owns 78,955,000 shares of Kinross Gold Corp. common stock, representing 6.5% of the class as of December 31, 2025. BlackRock reports sole power to vote 73,557,090 shares and sole power to dispose of 78,955,000 shares, with no shared voting or dispositive power.

The filing states that various persons have rights to dividends or sale proceeds from Kinross shares held by BlackRock’s business units, but no single person has more than 5% of the total outstanding common shares. BlackRock certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Kinross Gold Corp.

BlackRock, Inc. has filed an amended ownership report showing it beneficially owns 78,955,000 shares of Kinross Gold Corp. common stock, representing 6.5% of the class as of December 31, 2025. BlackRock reports sole power to vote 73,557,090 shares and sole power to dispose of 78,955,000 shares, with no shared voting or dispositive power.

The filing states that various persons have rights to dividends or sale proceeds from Kinross shares held by BlackRock’s business units, but no single person has more than 5% of the total outstanding common shares. BlackRock certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Kinross Gold Corp.

BlackRock Portfolio Management LLC filed an amended Schedule 13G reporting a passive ownership stake in Kinross Gold Corp common stock as of 12/31/2025. The firm reports beneficial ownership of 59,144,670 shares, representing 4.9% of the outstanding common stock. It has sole voting power over 55,652,565 shares and sole dispositive power over the full 59,144,670 shares, with no shared voting or dispositive power.

The filing notes that this reflects securities beneficially owned by certain business units of BlackRock, Inc., with other units disaggregated. BlackRock certifies the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Kinross Gold, consistent with a passive investment stance.

BlackRock Portfolio Management LLC filed an amended Schedule 13G reporting a passive ownership stake in Kinross Gold Corp common stock as of 12/31/2025. The firm reports beneficial ownership of 59,144,670 shares, representing 4.9% of the outstanding common stock. It has sole voting power over 55,652,565 shares and sole dispositive power over the full 59,144,670 shares, with no shared voting or dispositive power.

The filing notes that this reflects securities beneficially owned by certain business units of BlackRock, Inc., with other units disaggregated. BlackRock certifies the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Kinross Gold, consistent with a passive investment stance.

Kinross Gold Corporation submitted a Form 6-K to share a press release dated December 4, 2025. In that release, the company announced that Moody’s upgraded its credit rating and that it is proceeding with the early redemption of $500 million in Senior Notes. A credit rating upgrade typically reflects an improved view of the company’s ability to meet its financial obligations, while early redemption of debt reduces outstanding borrowings and interest costs.

Kinross Gold Corporation submitted a Form 6-K to share a press release dated December 4, 2025. In that release, the company announced that Moody’s upgraded its credit rating and that it is proceeding with the early redemption of $500 million in Senior Notes. A credit rating upgrade typically reflects an improved view of the company’s ability to meet its financial obligations, while early redemption of debt reduces outstanding borrowings and interest costs.

Kinross Gold Corporation furnished a Form 6-K providing three press releases. The company reported its unaudited results for the third quarter ended September 30, 2025, declared a dividend payable on December 10, 2025, and announced the redemption of $500 million in Senior Notes on December 4, 2025.

The filing consolidates these updates: quarterly performance disclosure, a scheduled cash dividend, and a planned debt redemption that retires a significant amount of Senior Notes. The dividend sets a near-term payment date for shareholders, while the note redemption represents a cash outflow tied to reducing outstanding debt obligations.

Kinross Gold Corporation furnished a Form 6-K providing three press releases. The company reported its unaudited results for the third quarter ended September 30, 2025, declared a dividend payable on December 10, 2025, and announced the redemption of $500 million in Senior Notes on December 4, 2025.

The filing consolidates these updates: quarterly performance disclosure, a scheduled cash dividend, and a planned debt redemption that retires a significant amount of Senior Notes. The dividend sets a near-term payment date for shareholders, while the note redemption represents a cash outflow tied to reducing outstanding debt obligations.

Kinross Gold Corporation furnished a Form 6-K providing its unaudited interim condensed consolidated financial statements and Management’s Discussion and Analysis for the period ended September 30, 2025.

The submission includes CEO and CFO certifications of the interim filings. The materials are incorporated by reference into the company’s existing Form S-8 registration statements.

Kinross Gold Corporation furnished a Form 6-K providing its unaudited interim condensed consolidated financial statements and Management’s Discussion and Analysis for the period ended September 30, 2025.

The submission includes CEO and CFO certifications of the interim filings. The materials are incorporated by reference into the company’s existing Form S-8 registration statements.

Kinross Gold (KGC): Schedule 13G/A — BlackRock Portfolio Management LLC reported beneficial ownership of 65,808,274 Kinross Gold common shares, representing 5.1% of the class as of the event date.

BlackRock reports sole voting power over 60,537,996 shares and sole dispositive power over 65,808,274 shares, with no shared voting or dispositive power. The filer is classified as HC and certifies the holdings were acquired and are held in the ordinary course of business and not to change or influence control.

Kinross Gold (KGC): Schedule 13G/A — BlackRock Portfolio Management LLC reported beneficial ownership of 65,808,274 Kinross Gold common shares, representing 5.1% of the class as of the event date.

BlackRock reports sole voting power over 60,537,996 shares and sole dispositive power over 65,808,274 shares, with no shared voting or dispositive power. The filer is classified as HC and certifies the holdings were acquired and are held in the ordinary course of business and not to change or influence control.

Kinross Gold Corporation submitted a Form 6-K to provide investors with a press release dated September 23, 2025. In that press release, the company announced the sale of a portion of the shares it holds in Asante Gold Corporation. The filing is furnished under the foreign issuer reporting rules and is signed by the Senior Vice President and General Counsel.