Kinross Gold

LaSalle Strengthens Management Team, Appoints Ron Stewart Vice-President, Corporate Development

Thursday, June 10, 2021 - 12:59pm

Vancouver, British Columbia--(Newsfile Corp. - June 10, 2021) - LaSalle Exploration Corp. (TSXV: LSX) ("LaSalle" or the "Company") is pleased to announce that Mr. Ron Stewart has been appointed to LaSalle's management team as Vice-President, Corporate Development effective immediately.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - June 10, 2021) - LaSalle Exploration Corp. (TSXV: LSX) ("LaSalle" or the "Company") is pleased to announce that Mr. Ron Stewart has been appointed to LaSalle's management team as Vice-President, Corporate Development effective immediately.
  • Ian Campbell, President and CEO commented, "I am delighted to welcome Ron, who brings a wide spectrum of valuable skillsets and expertise to our management team.
  • On behalf of the Board, we are very much looking forward to working with Ron on our growth strategy and immediate goals to bring LaSalle to the next level for our shareholders."
  • During his career, Ron has served in all capacities of exploration and development including Senior Vice-President of Kinross Gold, where his responsibilities included the development of a global exploration strategy.

Global Gold Output Expected To Rise 5.5% In 2021

Tuesday, June 8, 2021 - 1:45pm

A recent article in Reuters reporting that industry insider Metals Focus said that "Gold mines will produce more than ever in 2021.

Key Points: 
  • A recent article in Reuters reporting that industry insider Metals Focus said that "Gold mines will produce more than ever in 2021.
  • Active stocks in the mining markets this week include Calibre Mining Corp. (OTCQX: CXBMF) (TSX: CXB), GoldMining Inc. (NYSE: GLDG) (TSX: GOLD), Sandstorm Gold Ltd. (NYSE: SAND) (TSX: SSL), YAMANA GOLD INC. (NYSE: AUY) (TSX: YRI), Kinross Gold Corporation(NYSE: KGC) (TSX: K).
  • YAMANA GOLD INC. (NYSE: AUY) (TSX: YRI) recently reported its financial and operational results for the first quarter of 2021.
  • 2021 first-quarter highlights were: The Company is on track to meet 2021 annual guidance; Production1 of 558,777 attributable gold equivalent ounces (Au eq.

Gold Remains in the Spotlight Amidst Inflation Concerns

Friday, May 28, 2021 - 2:00pm

The PEA envisages a conventional open pit mining operation for the life of mine with underground mining is commissioned in Year 4.

Key Points: 
  • The PEA envisages a conventional open pit mining operation for the life of mine with underground mining is commissioned in Year 4.
  • The pour took place today, on Tuesday, October 20th, 2020, and produced 728 ounces of gold.
  • Kinross will have broad authority to construct and operate the Peak Gold project, with Contango retaining a 30% non-operating minority interest.
  • In today's gold price environment, Peak Gold is an attractive, high-margin project that is expected to generate robust returns," said J. Paul Rollinson, Kinross Gold President and CEO.

Gold Remains in the Spotlight Amidst Inflation Concerns

Friday, May 28, 2021 - 2:00pm

The PEA envisages a conventional open pit mining operation for the life of mine with underground mining is commissioned in Year 4.

Key Points: 
  • The PEA envisages a conventional open pit mining operation for the life of mine with underground mining is commissioned in Year 4.
  • The pour took place today, on Tuesday, October 20th, 2020, and produced 728 ounces of gold.
  • Kinross will have broad authority to construct and operate the Peak Gold project, with Contango retaining a 30% non-operating minority interest.
  • In today's gold price environment, Peak Gold is an attractive, high-margin project that is expected to generate robust returns," said J. Paul Rollinson, Kinross Gold President and CEO.

MAG Silver Reports First Quarter Financial Results

Monday, May 17, 2021 - 9:10pm

b"VANCOUVER, British Columbia, May 17, 2021 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (\xe2\x80\x9cMAG\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) announces the Company\xe2\x80\x99s unaudited financial results for the three months ended March 31, 2021.

Key Points: 
  • b"VANCOUVER, British Columbia, May 17, 2021 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (\xe2\x80\x9cMAG\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) announces the Company\xe2\x80\x99s unaudited financial results for the three months ended March 31, 2021.
  • Ms. Mathieu has more than twenty-five years of international mining experience encompassing due diligence, exploration, project development, permitting, construction and operational positions.
  • He was Executive Vice President and Chief Operating Officer of Kinross Gold Corporation prior to retiring in 2010.
  • This preproduction toll processing is expected to continue until the Juanicipio plant commences commissioning in Q4 2021.

Kinross announces Annual Shareholder Meeting voting results

Thursday, May 13, 2021 - 10:00pm

b'TORONTO, May 13, 2021 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX: K, NYSE: KGC) has announced the detailed voting results of the election of its Board of Directors, which took place at the Company\xe2\x80\x99s virtual Annual Meeting of Shareholders on May 12, 2021.\nThe nominees listed in the Management Information Circular dated March 16, 2021 were elected as directors of Kinross at the meeting (see detailed voting results below).\nThe appointments bring membership on the Kinross Board of Directors to nine, following the retirement of Mr. John A. Brough, effective December 31, 2020.\n'

Key Points: 
  • b'TORONTO, May 13, 2021 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX: K, NYSE: KGC) has announced the detailed voting results of the election of its Board of Directors, which took place at the Company\xe2\x80\x99s virtual Annual Meeting of Shareholders on May 12, 2021.\nThe nominees listed in the Management Information Circular dated March 16, 2021 were elected as directors of Kinross at the meeting (see detailed voting results below).\nThe appointments bring membership on the Kinross Board of Directors to nine, following the retirement of Mr. John A. Brough, effective December 31, 2020.\n'

Contango ORE, Inc. Announces Earnings For the Quarter Ended March 31, 2021

Tuesday, May 11, 2021 - 10:44pm

The increase in income for the nine month period ended March 31, 2021 is due to gain on the sale of a portion of the Company\xe2\x80\x99s equity interest in Peak Gold, LLC to a subsidiary of Kinross Gold Corporation on September 30, 2020.

Key Points: 
  • The increase in income for the nine month period ended March 31, 2021 is due to gain on the sale of a portion of the Company\xe2\x80\x99s equity interest in Peak Gold, LLC to a subsidiary of Kinross Gold Corporation on September 30, 2020.
  • As of March 31, 2021, the Company reported cash of $26.2 million.
  • Forward-looking statements are based on the estimates and opinions of management at the time the statements are made.
  • CORE does not assume any obligation to update forward-looking statements should circumstances or management\xe2\x80\x99s estimates or opinions change.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210511006242/en/\n'

Kinross declares quarterly dividend

Tuesday, May 11, 2021 - 10:00pm

b'TORONTO, May 11, 2021 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) (the \xe2\x80\x9cCompany\xe2\x80\x9d) today announced that the Company\xe2\x80\x99s Board of Directors has declared a dividend of US$0.03 per common share for the first quarter of 2021.\nThe dividend is payable on June 17, 2021 to shareholders of record as of the close of business on June 3, 2021.

Key Points: 
  • b'TORONTO, May 11, 2021 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) (the \xe2\x80\x9cCompany\xe2\x80\x9d) today announced that the Company\xe2\x80\x99s Board of Directors has declared a dividend of US$0.03 per common share for the first quarter of 2021.\nThe dividend is payable on June 17, 2021 to shareholders of record as of the close of business on June 3, 2021.
  • This dividend qualifies as an \xe2\x80\x9celigible dividend\xe2\x80\x9d for Canadian income tax purposes while dividends paid to shareholders outside Canada (non-resident investors) will be subject to Canadian non-resident withholding taxes.\nKinross is a Canadian-based senior gold mining company with mines and projects in the United States, Brazil, Russia, Mauritania, Chile and Ghana.
  • Our focus is on delivering value based on the core principles of operational excellence, balance sheet strength, disciplined growth and responsible mining.
  • Kinross maintains listings on the Toronto Stock Exchange (symbol:K) and the New York Stock Exchange (symbol:KGC).\n'

Kinross to redeem $500 million in Senior Notes on June 1, 2021

Thursday, April 29, 2021 - 12:30pm

)\nTORONTO, April 29, 2021 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) (\xe2\x80\x9cKinross\xe2\x80\x9d) announced today it will redeem all of the outstanding 5.125% Senior Notes due September 1, 2021 (the \xe2\x80\x9cNotes\xe2\x80\x9d), which have an aggregate principal amount of $500 million, on June 1, 2021 (the \xe2\x80\x9cRedemption Date\xe2\x80\x9d).\nThe Notes will be redeemed at a redemption price equal to the principal amount of the outstanding Notes plus accrued and unpaid interest to, but not including, the Redemption Date, in accordance with the terms of the Notes.

Key Points: 
  • )\nTORONTO, April 29, 2021 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) (\xe2\x80\x9cKinross\xe2\x80\x9d) announced today it will redeem all of the outstanding 5.125% Senior Notes due September 1, 2021 (the \xe2\x80\x9cNotes\xe2\x80\x9d), which have an aggregate principal amount of $500 million, on June 1, 2021 (the \xe2\x80\x9cRedemption Date\xe2\x80\x9d).\nThe Notes will be redeemed at a redemption price equal to the principal amount of the outstanding Notes plus accrued and unpaid interest to, but not including, the Redemption Date, in accordance with the terms of the Notes.
  • Interest on the Notes will cease to accrue from and after the Redemption Date.\nAfter the Notes are redeemed, $1,250 million in aggregate principal amount of Kinross Senior Notes will remain outstanding, with the next maturity date on March 15, 2024 for $500 million in aggregate principal amount.\nQuestions regarding the redemption of the Notes issued by Kinross should be directed to Wells Fargo Bank, N.A.
  • Our focus is on delivering value based on the core principles of operational excellence, balance sheet strength, disciplined growth and responsible mining.
  • Kinross maintains listings on the Toronto Stock Exchange (symbol:K) and the New York Stock Exchange (symbol:KGC).\n'

Investors Look to Gold as the World Braves a Period of Uncertainty

Tuesday, April 27, 2021 - 2:00pm

With existing production and growth potential, the Pilar Gold Mine is an excellent foundation mine for an emerging gold company.

Key Points: 
  • With existing production and growth potential, the Pilar Gold Mine is an excellent foundation mine for an emerging gold company.
  • We look forward to participating in the success of Pilar Gold Inc. as a supportive shareholder as they launch a new Brazil-focused gold producer.
  • Sun Summit will complete over 5,000 metres of drilling focused on expanding zones of high-grade gold mineralization.
  • In today\'s gold price environment, Peak Gold is an attractive, high-margin project that is expected to generate robust returns," said J. Paul Rollinson, Kinross Gold President and CEO.