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TORONTO, May 08, 2025 (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 7, 2025.
Kinross Gold Corporation (KGC) Q1 2025 Earnings Call Transcript
Kinross Gold (KGC) came out with quarterly earnings of $0.30 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.10 per share a year ago.
TORONTO, May 06, 2025 (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 2025.
Free cash flow more than doubled year-over-year driven by strong operating performanceTargeting $650 million in return of capital to shareholders in 2025
(All dollar amounts are expressed in Canadian dollars, unless otherwise noted.) TORONTO, May 05, 2025 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (“Kinross” or the “Company”) (TSX: K, NYSE: KGC) announced today that it has acquired an aggregate of 7,574,237 units (each, a “Unit”) of Eminent Gold Corp. (“Eminent”) at a price of $0.40 per Unit and an aggregate purchase price of $3,029,694.80 (the “Acquisition”), pursuant to the closing of a private placement by Eminent of 10,711,900 Units.
Vancouver, British Columbia--(Newsfile Corp. - May 5, 2025) - Eminent Gold Corp. (TSXV: EMNT) (FSE: 7AB) ("Eminent" or the "Company") is pleased to announce that, further to its news releases dated April 7, 2025, the Company has closed its non-brokered private placement (the "Offering") which included participation by Kinross Gold Corp. ("Kinross"), one of North America's largest gold producers. As part of the Offering, the Company issued an aggregate of 10,711,900 units ("Units") at $0.40 per Unit, for gross proceeds of $4,284,760, with Kinross acquiring 7,574,237 Units.
KGC is likely to have benefited from higher average realized gold prices in the quarter to be reported.
Gold mining companies' results are expected to reflect the benefits of higher prices and efforts to reduce costs. KGC, SAND and IAG look set to beat earnings estimates this season.
Kinross Gold (KGC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.