Kinross Gold

Gold Mining Industry Booms as Investors Seek Safe Haven Amid Market Volatility

Retrieved on:

Monday, May 15, 2023

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NEW YORK, May 15, 2023 /PRNewswire/ -- The gold mining industry is a crucial part of the global economy, generating billions of dollars in revenue each year. Gold has been a valuable commodity for centuries, and its status as a safe haven investment continues to drive demand for the precious metal. The basic economics of the gold mining industry are fairly simple: gold is mined from the earth, refined, and sold to buyers around the world. The price of gold is determined by supply and demand factors, including the amount of gold available for sale, the level of demand from investors, and the strength of the global economy. One of the main drivers of demand for gold is its use as a store of value. In times of economic uncertainty or market volatility, investors often turn to gold as a safe haven investment to protect their wealth. This is because gold is viewed as a reliable hedge against inflation and currency devaluation. As such, gold tends to perform well when other asset classes, such as stocks and bonds, are underperforming. Over the past six months, the price of gold has risen approximately 20%, to more than $2,000 per ounce. iMetal Resources, Inc. (TSX-V: IMR) (OTC: IMRFF), Hycroft Mining Holding Corporation (NASDAQ: HYMC), Gold Resource Corporation (NYSE: GORO), Kinross Gold Corporation (NYSE: KGC), B2Gold Corp. (NYSE: BTG)

Key Points:

Gold has been a valuable commodity for centuries, and its status as a safe haven investment continues to drive demand for the precious metal.
The basic economics of the gold mining industry are fairly simple: gold is mined from the earth, refined, and sold to buyers around the world.
In times of economic uncertainty or market volatility, investors often turn to gold as a safe haven investment to protect their wealth.
Geographically, gold mining is common in many parts of the world, including Africa, Asia, Australia, and the Americas.

Gold Mining Industry Booms as Investors Seek Safe Haven Amid Market Volatility

Retrieved on:

Monday, May 15, 2023

NEW YORK, May 15, 2023 /PRNewswire/ -- The gold mining industry is a crucial part of the global economy, generating billions of dollars in revenue each year. Gold has been a valuable commodity for centuries, and its status as a safe haven investment continues to drive demand for the precious metal. The basic economics of the gold mining industry are fairly simple: gold is mined from the earth, refined, and sold to buyers around the world. The price of gold is determined by supply and demand factors, including the amount of gold available for sale, the level of demand from investors, and the strength of the global economy. One of the main drivers of demand for gold is its use as a store of value. In times of economic uncertainty or market volatility, investors often turn to gold as a safe haven investment to protect their wealth. This is because gold is viewed as a reliable hedge against inflation and currency devaluation. As such, gold tends to perform well when other asset classes, such as stocks and bonds, are underperforming. Over the past six months, the price of gold has risen approximately 20%, to more than $2,000 per ounce. iMetal Resources, Inc. (TSX-V: IMR) (OTC: IMRFF), Hycroft Mining Holding Corporation (NASDAQ: HYMC), Gold Resource Corporation (NYSE: GORO), Kinross Gold Corporation (NYSE: KGC), B2Gold Corp. (NYSE: BTG)

Key Points:

Gold has been a valuable commodity for centuries, and its status as a safe haven investment continues to drive demand for the precious metal.
The basic economics of the gold mining industry are fairly simple: gold is mined from the earth, refined, and sold to buyers around the world.
In times of economic uncertainty or market volatility, investors often turn to gold as a safe haven investment to protect their wealth.
Geographically, gold mining is common in many parts of the world, including Africa, Asia, Australia, and the Americas.

Kinross announces Annual Shareholder Meeting voting results

Retrieved on:

Thursday, May 11, 2023

KGC, TSX, Annual general meeting, Kinross Gold, NYSE, Holding company, Security (finance)

TORONTO, May 11, 2023 (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’s virtual Annual Meeting of Shareholders on May 10, 2023.

Key Points:

TORONTO, May 11, 2023 (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’s virtual Annual Meeting of Shareholders on May 10, 2023.
The nominees listed in the Management Information Circular dated March 14, 2023, were elected as directors of Kinross at the meeting (see detailed voting results below).

Kinross declares quarterly dividend

Retrieved on:

Tuesday, May 9, 2023

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TORONTO, May 09, 2023 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) (the “Company”) today announced that the Company’s Board of Directors has declared a dividend of US$0.03 per common share for the first quarter of 2023.

Key Points:

TORONTO, May 09, 2023 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) (the “Company”) today announced that the Company’s Board of Directors has declared a dividend of US$0.03 per common share for the first quarter of 2023.
The dividend is payable on June 15, 2023, to shareholders of record as of the close of business on June 1, 2023.
This dividend qualifies as an “eligible dividend” for Canadian income tax purposes while dividends paid to shareholders outside Canada (non-resident investors) will be subject to Canadian non-resident withholding taxes.

Kinross releases 2022 Sustainability and ESG Report

Retrieved on:

Tuesday, May 9, 2023

TORONTO, May 09, 2023 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) (“Kinross” or the “Company”) is pleased to announce the publication of its 2022 Sustainability and ESG Report (the “Report”), providing a comprehensive summary of the Company’s progress over the past year in furthering its Environmental, Social and Governance (ESG) strategy.

Key Points:

TORONTO, May 09, 2023 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) (“Kinross” or the “Company”) is pleased to announce the publication of its 2022 Sustainability and ESG Report (the “Report”), providing a comprehensive summary of the Company’s progress over the past year in furthering its Environmental, Social and Governance (ESG) strategy.
Kinross’ 2022 Sustainability and ESG Report, available at https://www.kinross.com/2022-Sustainability-and-ESG-Report/ , details the Company’s approach to responsible mining that underpins its operational success.
In 2022, Kinross strengthened its oversight of the ESG function with the establishment of an ESG Executive Committee, which has taken a leadership role in ESG risk management, enhanced transparency and reporting, as well as identifying ESG opportunities within the business.
Additionally, Kinross enhanced its ESG metric in the executive short-term incentive compensation plan by increasing its weighting from 20% to 25% with the addition of a new ESG initiative metric.

White Gold Corp. Further Outlines Two Large Copper-Molybdenum Porphyry Targets in Close Proximity to the Casino Copper-Gold Porphyry Deposit

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Wednesday, April 5, 2023

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Terry Brace, VP Exploration stated, “Our primary exploration focus is discovering new orogenic gold deposits in the White Gold District and growing our existing gold resources.

Key Points:

Terry Brace, VP Exploration stated, “Our primary exploration focus is discovering new orogenic gold deposits in the White Gold District and growing our existing gold resources.
However, the Yukon is rich in various other metals which is also the case in our large land package.
The Hayes is a recently identified porphyry target and has seen only soil sampling and limited mapping and prospecting.
The recent investment in the Yukon, and in particular the White Gold District by numerous major mining companies further enhances our belief in the robust mineral potential.

Kinross to announce Q1 results on May 9, 2023

Retrieved on:

Tuesday, April 4, 2023

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TORONTO, April 04, 2023 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) will release its financial statements and operating results for the first quarter of 2023 on Tuesday, May 9, 2023, after market close. On Wednesday, May 10, 2023, at 7:45 a.m. EDT Kinross will hold a conference call and audio webcast to discuss the results, followed by a question-and-answer session. The call-in numbers are as follows:

Key Points:

TORONTO, April 04, 2023 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) will release its financial statements and operating results for the first quarter of 2023 on Tuesday, May 9, 2023, after market close.
On Wednesday, May 10, 2023, at 7:45 a.m. EDT Kinross will hold a conference call and audio webcast to discuss the results, followed by a question-and-answer session.
The link to the virtual meeting will also be accessible at www.kinross.com and will be archived for later use.
Shareholders may also receive a copy of Kinross’ audited financial statements without charge upon request to Kinross Gold’s Investor Relations Department, 25 York Street, 17th Floor, Toronto, Ontario, Canada, M5J 2V5 or to [email protected] .

K92 Mining Announces the Death of Chairman, R. Stuart “Tookie” Angus

Retrieved on:

Monday, March 27, 2023

Nevsun Resources, KC, Humour, KNT, Kinross Gold, Alterra Power, Creativity, Acquisition, Gold, Mining, First Quantum Minerals, Mergers and acquisitions, TSX, Death, Family, Management

VANCOUVER, British Columbia, March 27, 2023 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) announces with profound sadness the death of our Chairman, fellow director and friend, R. Stuart “Tookie” Angus.

Key Points:

VANCOUVER, British Columbia, March 27, 2023 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) announces with profound sadness the death of our Chairman, fellow director and friend, R. Stuart “Tookie” Angus.
Considered a giant of the mining industry, for over 40 years, Tookie brought a tremendous passion to everything he did, including structuring, financing and advising on many significant business ventures.
His extensive legal and mining career included leading Fasken’s Global Mining Group and serving as Managing Director of Mergers and Acquisitions for Endeavour Financial.
Tookie was a man of great integrity and honour, and was an integral part of the success of K92.

Elevation Gold Provides Corporate Updates Including Appointment of David Peat as Director and Forward Sales Arrangements

Retrieved on:

Tuesday, March 21, 2023

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VANCOUVER, BC, March 20, 2023 /PRNewswire/ - Elevation Gold Mining Corp. (TSXV: ELVT) (OTCQX: EVGDF) (the "Company" or "Elevation Gold") is pleased provide an update on the Company's corporate activities.

Key Points:

VANCOUVER, BC, March 20, 2023 /PRNewswire/ - Elevation Gold Mining Corp. (TSXV: ELVT) (OTCQX: EVGDF) (the "Company" or "Elevation Gold") is pleased provide an update on the Company's corporate activities.
Elevation Gold is pleased to announce the appointment of Mr. David Peat to the Board of Directors of the Company, effective March 20, 2023.
Douglas Hurst, Chairman of the Company states, "On behalf of Elevation Gold's Board of Directors, I am very pleased to welcome David Peat to the Company.
We are confident that Mr. Peat's financial experience and perspective will be of great value to Elevation Gold as the Company grows."

Contango ORE Enters Into Project Finance Mandate With ING and Macquarie to Fund the Construction of Its Share of the Manh Choh Gold Project Alongside JV Partner Kinross Gold

Retrieved on:

Monday, March 20, 2023

Mining, Minerals, Natural Resources, Metal, Technical report, Kinross Gold, ING, JV, US, The Lucky Shot, Gold, Documentation, Contango, Creditor, Fortification, Kiewit, Facility, NYSE, Health insurance

The project has received the federal permits needed for road construction and early work construction has already commenced.

Key Points:

The project has received the federal permits needed for road construction and early work construction has already commenced.
Independently, the Company also owns the Lucky Shot gold project which it is actively exploring and developing.
Manh Choh is a high grade, 8g/t gold equivalent open pit gold project.
Contango has received significant interest from banks and alternative lenders to provide financing for its share of the Manh Choh project.