(All dollar amounts are expressed in Canadian dollars, unless otherwise noted.) TORONTO, May 05, 2025 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (“Kinross” or the “Company”) (TSX: K, NYSE: KGC) announced today that it has acquired an aggregate of 7,574,237 units (each, a “Unit”) of Eminent Gold Corp. (“Eminent”) at a price of $0.40 per Unit and an aggregate purchase price of $3,029,694.80 (the “Acquisition”), pursuant to the closing of a private placement by Eminent of 10,711,900 Units. Each Unit consist ...

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Investors interested in stocks from the Mining - Gold sector have probably already heard of Kinross Gold (KGC) and Agnico Eagle Mines (AEM) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank is a proven strategy that targets compan ...

Kinross Gold Corporation (KGC) has temporarily suspended mill operations at its Tasiast mine following a fire that broke out on April 14, 2025, which has since been completely extinguished. No injuries were reported, and mining activities are continuing as planned. The company is currently investigating the cause of the fire and evaluating the extent of the damage and any potential operational impact. Preliminary findings suggest the fire was confined to the SAG discharge area. With critical spare parts alr ...

Financial Results Announcement - Kinross Gold Corporation will release its financial statements and operating results for Q1 2025 on May 6, 2025, after market close [1] - A conference call and audio webcast to discuss the results will be held on May 7, 2025, at 7:45 a.m. EDT [1] Annual Meeting of Shareholders - The Annual Meeting of Shareholders is scheduled for May 7, 2025, at 10:00 a.m. EDT, conducted virtually to enhance shareholder participation [2] - The virtual meeting will be accessible online, and voting instructions for eligible shareholders are provided in the Company's Notice of Annual Meeting [2][3] Company Information - Kinross Gold Corporation is a Canadian-based global senior gold mining company with operations in the United States, Brazil, Mauritania, Chile, and Canada [5] - The company focuses on responsible mining, operational excellence, disciplined growth, and maintaining a strong balance sheet [5] Additional Resources - The 2024 Annual Report and other relevant documents have been filed with SEDAR+ and EDGAR, and shareholders can request audited financial statements [4] - Access to Kinross' Management Information Circular and 2024 Annual Report is available online [5]

Kinross Gold Corporation (KGC) stated that the Toronto Stock Exchange (TSX) accepted the company's notice to renew its normal course issuer bid (NCIB) program.Under the NCIB program, KGC is authorized to purchase up to 110,350,160 of its common shares (out of 1,229,635,757 outstanding as of Feb. 28, 2025), representing up to 10% of its public float of 1,103,501,601 common shares, between March 24, 2025, and March 23, 2026.Kinross Gold perceives that the market price of the common shares may not always compl ...

Core Viewpoint - Kinross Gold Corporation has received approval from the Toronto Stock Exchange to renew its normal course issuer bid (NCIB) program, allowing the company to repurchase up to 110,350,160 common shares over the next year, which represents 10% of its public float [1][2][3] Summary by Sections NCIB Program Details - The NCIB program permits Kinross to buy back up to 110,350,160 common shares from March 24, 2025, to March 23, 2026, out of a total of 1,229,635,757 shares outstanding as of February 28, 2025 [2] - Daily repurchases on the TSX will be limited to a maximum of 853,989 shares, which is 25% of the average daily trading volume for the six months ended February 28, 2025 [4] Rationale for Share Buyback - The company believes that the market price of its common shares may not fully reflect their intrinsic value, making the buyback an attractive use of available funds [3] - Kinross aims to enhance shareholder returns through share buybacks and quarterly dividends, supported by a strong balance sheet and free cash flow generation [3] Purchase Mechanism - Purchases will be conducted through the TSX, NYSE, and other permitted means, with the price based on the market value at the time of acquisition [5] - An automatic repurchase plan has been established to facilitate share purchases during predetermined blackout periods [6] Company Overview - Kinross Gold Corporation is a Canadian-based senior gold mining company with operations in the United States, Brazil, Mauritania, Chile, and Canada, focusing on responsible mining and operational excellence [7]

Acquisition Details - Kinross Gold Corporation (KGC) has signed a deal to acquire 15,410,000 common shares of Relevant Gold Corp. at a price of 30 Canadian cents per share, totaling C$4,623,000 [1] - After the acquisition, Kinross will hold approximately 19.9% of Relevant Gold's total outstanding shares on a non-diluted basis and about 21.8% on a partially diluted basis, assuming the exercise of existing warrants [2] Strategic Intent - The acquisition is part of a strategic investment in Relevant Gold, with Kinross having no specific plans or intentions regarding its investment at present, but may develop new plans based on market conditions and other factors [4] Ownership Restrictions - Kinross has agreed not to exercise its warrants if it would increase its ownership to over 20% without obtaining approval from disinterested shareholders for the creation of a new control person [3] Financial Performance - Kinross shares have increased by 99.6% over the past year, outperforming the industry average rise of 38.2% [5] Production and Cost Expectations - For 2025, Kinross expects to produce 2 million gold equivalent ounces with a production cost of sales of $1,120 per gold equivalent ounce and an all-in-sustaining cost of $1,500 per gold equivalent ounce [6]

Kinross Gold Corporation (KGC) recorded a fourth-quarter 2024 profit of $275.6 million or 22 cents per share, up from a profit of $65.4 million or 6 cents logged in the year-ago quarter.KGC reported adjusted earnings of 20 cents per share, up from the prior-year quarter figure of 11 cents. The bottom line missed the Zacks Consensus Estimate of 23 cents.  Revenues rose 26.9% year over year to $1,415.8 million in the fourth quarter. It topped the Zacks Consensus Estimate of $1,108.1 million.KGC’s Operational ...

Fourth Quarter and Year-End 2024 Results February 13th, 2025 Other information Where we say "we", "us", "our", the "Company", or "Kinross" in this presentation, we mean Kinross Gold Corporation and/or one or more or all of its subsidiaries, as may be applicable. The technical information about the Company's mineral properties contained in presentation has been prepared under the supervision of Mr. Nicos Pfeiffer who is a "qualified person" within the meaning of National Instrument 43- 101. Delivering Value. ...