Key Developments: Kinross Gold Corp (KGC)

KGC on New York Consolidated

2.69USD
24 Oct 2014
Price Change (% chg)

$-0.03 (-1.01%)
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$2.72
Open
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Latest Key Developments (Source: Significant Developments)

Kinross Gold Corp Raises FY 2013 Production Guidance
Wednesday, 13 Nov 2013 05:00pm EST 

Kinross Gold Corp announced that for fiscal 2013, it has increased its forecast guidance for production to 2.6-2.65 million attributable Au eq. oz. from 2.4-2.6 million attributable Au eq. oz.  Full Article

Kinross Gold Corp To Cut 300 Jobs In Mauritania Gold Operations And Spain-Reuters
Thursday, 10 Oct 2013 03:10pm EDT 

Reuters reported that Kinross Gold Corp plans to cut 300 jobs at its mining operations in Mauritania and at a regional administrative office in Spain, the Company said in a statement on October 10, 2013, citing the decline in the price of gold. The Company did not say how the job cuts be split between the Tasiast mine and the two administrative offices. It said it would still have about 3,000 employees and sub-contractors working at the mine after the cuts.  Full Article

Kinross Gold Corp Reaffirms FY 2013 Production Guidance
Wednesday, 31 Jul 2013 05:00pm EDT 

Kinross Gold Corp announced that the Company expects to be within its fiscal 2013 forecast guidance for production (2.4-2.6 million attributable gold equivalent ounces), production cost of sales ($740-$790 per gold equivalent ounce), all-in sustaining cost ($1,100-$1,200 per gold ounce sold) and capital expenditures ($1.6 billion).  Full Article

Kinross Gold Corp Suspends Semi-Annual Dividend
Wednesday, 31 Jul 2013 05:00pm EDT 

Kinross Gold Corp announced that the Board of Directors has suspended the upcoming semi-annual dividend.  Full Article

Kinross Gold Corp Reaffirms FY 2013 Production Guidance
Tuesday, 7 May 2013 05:00pm EDT 

Kinross Gold Corp announced that the Company expects to be within its fiscal 2013 forecast guidance for production (2.4-2.6 million attributable gold equivalent ounces), production cost of sales ($740-$790 per gold equivalent ounce), all-in sustaining cost ($1,100-$1,200 per gold ounce sold) and capital expenditures ($1.6 billion).  Full Article

Kinross Gold Corp Issues FY 2013 Production Guidance
Wednesday, 13 Feb 2013 05:00pm EST 

Kinross Gold Corp announced that for fiscal 2013, it expects to produce approximately 2.4-2.6 million gold equivalent ounces at a production cost of sales per gold equivalent ounce of $740-790.  Full Article

Kinross Gold Corp Declares Dividend
Wednesday, 13 Feb 2013 05:00pm EST 

Kinross Gold Corp announced that the Board of Directors has declared a dividend of $0.08 per common share, payable on March 28, 2013 to shareholders of record at the close of business on March 21, 2013.  Full Article

Southridge Enterprises Inc Announces Joint Partnership with Kinross Gold Corp for Cinco Minas and Gran Cabrera Properties
Wednesday, 26 Dec 2012 09:00am EST 

Southridge Enterprises Inc announced a new Joint Partner, Kinross Gold Corp for its Cinco Minas and Gran Cabrera properties. Southridge's joint partnership with Kinross is valued at roughly $550,000,000 to $600,000,000. Southridge and its advisers are currently working hand in hand with Kinross to finalize the remaining documents and agreements in order to execute this new joint partnership for its Cinco Minas and Gran Cabrera properties with Kinross. Due to the size and complexity of this transaction we expect to execute this joint partnership with Kinross by Mid-January.  Full Article

Kinross Gold Corp Reaffirms FY 2012 Production Guidance
Wednesday, 7 Nov 2012 05:00pm EST 

Kinross Gold Corp announced that the Company remains on track to meet its fiscal 2012 production forecast of approximately 2.5-2.6 million gold equivalent ounces from its continuing operations, and its cost of sales forecast of $690-$725 per gold equivalent ounce.  Full Article

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