Kinross doubles net earnings in Q1

MINEX Forum | May 6, 2020
img0 Kinross (TSX: K, NYSE: KGC) reported on Tuesday that net earnings almost doubled to $122.7 million, or $0.10 per share, for Q1 2020, compared with net earnings of $64.7 million, or $0.05 per share, in Q1 2019. The Toronto-based gold miner said the increase was mainly due to higher margins, which outpaced the increase in average ...

Kinross Gold not affected by the U.S. sanctions against Russian companies

MINEX Forum | April 10, 2018
img0 Canadian miner Kinross Gold (TSX:G) (NYSE:KGC) issued a press release today stating that its mining operations in Russia continue to function according to plan and remain unaffected by the new sanctions announced by the United States on April 6, 2018. Despite analysts predicting that, given how wide his reach is, sanctions against Deripaska may cause a turmoil ...

Kinross is about to ramp up production in Russia

Irina Dorokhova | July 6, 2016
img0 Image:  forum MINEX Source: http://investorintel.com/gold-precious-metals-intel/kinross-gold-corporation-may-increase-gold-production-russia-year/ Canadian Kinross Gold Corporation may significantly increase the volume of its gold production in Russia during the next several years, according to recent statements of the company. As part of these plans, the company may accelerate production at its flagship Russian gold mining fields, and in particular Kupol and Dvoynoey, which ...