Past year: ▼ 0%(23.10 – 36.99 USD)
Each one in plain English, with the numbers worked through for a shareholder.
26 Mar 2026resource reserve update● Neutral
Filed an updated Paracatu technical report as at December 2025: proven and probable reserves of 399.6 million tonnes at 0.38 g/t for 4.839 million ounces supporting mining to 2034, with 3.522 million ounces of measured and indicated resources outside reserves at a US$2,500 gold assumption. A very large, very low grade orebody whose economics move with the gold price rather than with grade.
4 Dec 2025debt financing▲ GoodMajor
Moody's lifted Kinross to Baa2 from Baa3, and the company repaid the entire US$500 million of 4.50% notes some nineteen months before their July 2027 maturity. That is about US$700 million of debt repaid in 2025 and US$1.5 billion across 2024-2025, leaving US$750 million of senior notes outstanding.
5 Nov 2025dividend declaration▲ GoodMajor
Third-quarter results carried a 17% dividend increase and a 20% rise in the 2025 buyback target to US$600 million, on production of 503,862 gold-equivalent ounces at US$1,150 cost of sales and US$1,622 all-in sustaining cost per ounce. Free cash flow of US$686.7 million was a record and the company reached a net cash position.
24 Sept 2025asset acquisition disposition▲ Good
Sold the remaining 36.9 million Asante shares at C$1.98 for C$73.1 million, exiting the common equity entirely two weeks after the first tranche and at a 28% higher price. Kinross still holds warrants and a convertible debenture worth about 8.4% of Asante on a partly diluted basis.
8 Sept 2025asset acquisition disposition● Neutral
Sold 29.9 million Asante Gold shares at C$1.55 for C$46.3 million, roughly 45% of the holding taken as payment for Chirano in 2022, cutting Kinross to about 5.2% of Asante on an undiluted basis. Warrants and a convertible debenture at C$1.81 were retained.
27 Mar 2025resource reserve update● Neutral
Filed an updated Tasiast technical report as at December 2024: proven and probable reserves of 102.8 million tonnes at 1.42 g/t for 4.705 million ounces, of which 1.361 million ounces sit in stockpiles, with a further 2.144 million ounces of measured and indicated and 1.632 million inferred resources outside reserves. The reserve is priced at a US$1,600 gold assumption.
20 Mar 2025security holder rights change● Neutral
Renewed the buyback authority for up to 110.4 million shares, 10% of public float, for the year from 24 March 2025.
10 Sept 2024resource reserve update● Neutral
The supporting NI 43-101 technical report for the Great Bear preliminary economic assessment, filed the same day as the results.
10 Sept 2024resource reserve update▲ GoodMajor
The Great Bear preliminary economic assessment set out a combined open pit and underground mine of about twelve years, producing over 500,000 ounces a year at US$594 cost of sales and roughly US$800 all-in sustaining cost in the first eight years. Kinross also reported drilling below the resource used in the study.
5 Sept 2024resource reserve update● Neutral
A scheduling notice that the Great Bear preliminary economic assessment would be released on 10 September 2024.
14 Aug 2023security holder rights change● Neutral
Renewed the buyback authority for up to 108.4 million shares, 10% of public float, for the year from 9 August 2023. The share count had fallen from 1,300.0 million a year earlier to 1,227.6 million.
12 July 2023debt financing● Neutral
Called the US$500 million of 5.95% notes due March 2024 for redemption on 10 August, completing the refinancing begun with the 6.250% 2033 issue and leaving US$1,250 million outstanding with nothing due before July 2027.
6 July 2023debt financing● Neutral
Closed the US$500 million 6.250% 2033 note issue on the terms priced nine days earlier.
27 June 2023debt financing● Neutral
Priced US$500 million of 6.250% senior unsecured notes due 2033 to repay the 5.95% notes maturing in 2024, paying about 175 basis points more than the 4.50% notes issued in 2017.
13 Feb 2023resource reserve update● Neutral
The supporting NI 43-101 technical report for Great Bear, filed the same day as the initial resource announcement.
13 Feb 2023resource reserve update▲ GoodMajor
Declared the first mineral resource for Great Bear, twelve months after paying about US$1.4 billion for it: 2.737 million ounces indicated at 2.57 g/t over 33.1 million tonnes in an open pit, plus 2.290 million inferred, of which 1.684 million is underground at 4.50 g/t. That is still below the 8.5 million ounce measured and indicated threshold attached to the contingent value rights in the purchase agreement.
5 Oct 2022security holder rights change● Neutral
Raised the buyback ceiling from 65.0 million shares to 114.0 million, 10% of public float, to make room for the enhanced programme announced ten days earlier. Kinross had already repurchased 14.7 million shares since 3 August.
19 Sept 2022security holder rights change▲ GoodMajor
Committed to buy back US$300 million of stock over the rest of 2022 and 75% of excess cash in 2023 and 2024, subject to leverage limits, while keeping the dividend. Kinross said the programme followed discussions with activist holder Elliott Investment Management, which supported it.
22 Aug 2022asset acquisition disposition● NeutralMajor
Closed the Chirano sale to Asante, taking US$60 million cash and 35.0 million Asante shares valued at US$36.2 million for a 9.9% stake, with US$128.8 million deferred over two years. With Russia and Ghana both gone, about 70% of 2022 production was expected from the Americas.
29 July 2022security holder rights change● Neutral
Renewed the annual buyback authority for up to 65.0 million shares, 5% of the 1,300.0 million outstanding, for the year from 3 August 2022.
15 June 2022asset acquisition disposition▼ BadMajor
Completed the Russian exit for US$340 million, half the US$680 million agreed in April, after the Russian foreign-investment sub-commission capped the approved price. US$300 million was received in cash with US$40 million deferred a year; Kinross has no remaining Russian obligations.
25 Apr 2022asset acquisition disposition● NeutralMajor
Agreed to sell its 90% of the Chirano mine in Ghana to Asante Gold for US$225 million in cash, Asante shares and deferred payments, exiting Ghana entirely. Chirano was about 3% of Kinross reserves and had been acquired with Tasiast in the 2010 Red Back deal that produced the US$2.9 billion goodwill write-off.
7 Apr 2022drilling result▲ Good
First development update on the Great Bear project since closing, with assays from 60 holes in the LP Fault zone including 10.25m at 15.10 g/t in hole BR-481. Kinross framed the results as confirming mineralisation ahead of an initial inferred resource at year end and a pre-feasibility study in 2023, not as a discovery in themselves.
5 Apr 2022asset acquisition disposition▼ BadMajor
Agreed to sell 100% of its Russian assets to Highland Gold for US$680 million, of which only US$100 million was payable at closing and US$580 million spread over annual payments to 2027, secured by share pledges, guarantees and an escrow.
30 Mar 2022asset acquisition disposition▼ BadMajor
Four weeks after suspending its Russian operations over the invasion of Ukraine, Kinross said it was in exclusive talks to sell all of its Russian assets and would treat them as held for sale. The parent would take no benefit from the operations meanwhile and fund the transition from cash already in the country.
9 Mar 2022production update▲ GoodMajor
La Coipa in Chile poured its first gold bar, on schedule and under budget, with the plant to reach full rate by mid-year. At the 2021 year end Kinross had lifted La Coipa's life-of-mine production 45% to about 1 million gold-equivalent ounces and extended it from 2024 to 2026 by adding the nearby Puren pit.
8 Mar 2022debt financing● NeutralMajor
Arranged a new US$1.0 billion three-year term loan maturing March 2025 with no scheduled amortisation, used to repay the revolver drawn to fund the Great Bear purchase. Acquisition debt termed out rather than added to.
3 Mar 2022production update▼ BadMajor
Suspended all work at the Udinsk development project and began suspending the Kupol mine after the invasion of Ukraine, with more than 2,000 employees in the country, and donated US$1 million to the Canadian Red Cross appeal. Russia had been a producing region for Kinross for 25 years.
24 Feb 2022business combination● NeutralMajor
Closed the Great Bear acquisition. Shareholders electing cash were pro-rated to about C$25.80 plus 0.4257 Kinross shares each, against caps of roughly US$1.1 billion cash and 80.8 million Kinross shares. Kinross set a target of 200,000 metres of drilling at Dixie in 2022.
9 Dec 2021business combination● NeutralMajor
Agreed to buy Great Bear Resources and its Dixie project in Red Lake, Ontario for about US$1.4 billion (C$29.00 a share) in cash and stock, plus contingent value rights worth roughly US$46 million payable only if commercial production is declared with at least 8.5 million ounces of measured and indicated resources. Kinross was paying a top-tier price for a deposit with no declared resource of its own at the time.
