Could not find a ticker for this position, may be a filing error
A Toronto-based gold mining company that digs gold and silver from open-pit and underground mines across North America, South America, and Africa, with major operations including Tasiast in Mauritania and Fort Knox in Alaska. It was founded in 1993 when three smaller mining firms pooled their assets into a new publicly traded company. The name comes from a Scottish town meaning "head of the promontory" — fitting for a firm that grew into one of the world's largest gold producers.
S&P upgrades Kinross Gold's credit rating to 'BBB' with stable outlook
S&P cited meaningfully improved credit measures, solid cash flow, and debt reduction as reasons for the upgrade.
Show detailsHide details
S&P Global Ratings upgraded Kinross Gold's long-term issuer credit rating and issue-level rating on its unsecured debt to 'BBB' from 'BBB-', with a stable outlook.
The stable outlook reflects S&P's expectation that Kinross will maintain a strong net cash position, competitive cost profile, and a project pipeline supporting steady production.
As of June 30, 2026, Kinross reported a net cash position of $1.9 billion and total liquidity of approximately $4.4 billion.
Kinross has returned $1.4 billion to shareholders since January 2025.
Kinross declares Q2 2026 dividend of US$0.04 per share
Kinross Gold Corporation's Board of Directors declared a dividend of US$0.04 per common share for the second quarter of 2026.
Show detailsHide details
The dividend is payable on September 3, 2026, to shareholders of record as of the close of business on August 20, 2026.
The dividend qualifies as an 'eligible dividend' for Canadian income tax purposes; non-resident investors are subject to Canadian non-resident withholding taxes.
Kinross is a Canadian-based global senior gold mining company with operations in the United States, Brazil, Mauritania, Chile, and Canada.
Kinross updates Lobo-Marte project economics with NPV of $4.3 billion and ~350,000 oz. annual production
Kinross Gold Corporation provided a high-level update of the 2021 feasibility study for its Lobo-Marte project in Chile, reflecting inflationary impacts and execution strategy advancements.
Show detailsHide details
The project is expected to produce approximately 4.6 million gold ounces over an initial 15-year operating life, with average annual production of ~350,000 ounces during steady state.
Estimated all-in sustaining cost is approximately $1,000 per ounce, with an NPV of $4.3 billion, IRR of 26%, and payback of 2.3 years at a $4,100 per ounce gold price.
Initial capital expenditures are forecast at approximately $1.8 billion, to be self-funded from operating cash flow, with first gold production targeted for the early 2030s.
The Environmental Impact Assessment was accepted for review by Chile's SEA in Q2 2026, and permitting is advancing on plan.
Kinross Gold reports Q2 2026 net earnings of $844.2M, up 59% year-over-year
Metal sales rose 29% to $2,238.1 million in Q2 2026, driven by a 37% higher average realized gold price of $4,483/oz.
Show detailsHide details
Net earnings attributable to common shareholders were $844.2 million ($0.71 per share) in Q2 2026, up from $530.7 million ($0.43 per share) in Q2 2025.
Total gold equivalent ounces produced fell 5% to 501,341 in Q2 2026, with higher output from Tasiast and Paracatu offset by lower production at Bald Mountain, Round Mountain, and Fort Knox.
Attributable free cash flow increased 12% to $726.8 million in Q2 2026, while capital expenditures rose 34% to $411.0 million.
Cash and cash equivalents grew by $471.4 million in Q2 2026 to $2.7 billion, after returning $277.6 million to shareholders via buybacks and dividends.
Kinross published its 18th annual Sustainability Report on June 1, 2026, detailing 2025 performance across People, Planet, and Efficiency.
Show detailsHide details
The company generated $4.9 billion in economic benefits to host countries, including $722 million in government payments, $809 million in wages, $3.3 billion in procurement, and $19 million in community investments.
Kinross maintained top-tier sustainability ratings, including inclusion in the Dow Jones Best in Class Indices and the S&P Global Sustainability Yearbook for the 13th consecutive year.
Safety and workforce highlights include 14,000 Safety Excellence training completions since 2023, a 15% female workforce representation, and a 9.8% total turnover rate.
Environmental achievements include a 55% waste recycling rate, 75% water recycling, 23% renewable energy consumption, and a 2.4% reduction in GHG emissions from energy efficiency projects.
The report outlines 2026 goals focusing on health and safety, workforce training, community relations, nature stewardship, and operational efficiencies.