Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Kinross Gold Corporation (T:K)

Business Focus: Gold Mining

This company is also listed in the United States as KGC on the NYSE. Click here to get the live US quote and see if there are any SEC insider filings..
Sector:  Basic Materials Industry:  Gold
 
See Regulatory Filings on SEDAR
Company Contact
Address: 17TH FLOOR, 25 YORK STREET
TORONTO ON M5J 2V5
Tel: 1-416-3653390
Website: https://www.kinross.com
IR: See website
Key People
J. Paul Rollinson
President, Chief Executive Officer, Director
Andrea Susan Freeborough
Chief Financial Officer, Executive Vice President
Claude J.S. Schimper
Executive Vice President, Chief Operating Officer
Geoffrey P. Gold
Executive Vice-President, Corporate Development, External Relations and Chief Legal Officer
   
Business Overview
Kinross Gold Corporation is a global senior gold mining company. The Company is engaged in gold mining and related activities, including exploration and acquisition of gold-bearing properties, extraction, and processing of gold-containing ore, and reclamation of gold mining properties. The Company has its operations and projects in the United States, Brazil, Mauritania, Chile and Canada. The Company's segments include Fort Knox, Round Mountain, Bald Mountain, Paracatu, Tasiast and Great Bear. The Fort Knox is an open-pit gold mine located near the city of Fairbanks, Alaska. The Round Mountain is an open-pit mine located in Nevada. The Bald Mountain is an open-pit mine with a large estimated mineral resource base located in Nevada. The Company's Paracatu is an open-pit mine with ore processed in a ball and semi-autogenous grinding (SAG) mills. The La Coipa mine, located in the Atacama region in Chile. The Great Bear project is located in Red Lake, Ontario.
Financial Overview
For the six months ended 30 June 2022, Kinross Gold Corporation revenues decreased 10% to $1.59B. Net income before extraordinary items decreased 63% to $72.3M. Revenues reflect Chirano segment decrease of 55% to $67.1M, Round Mountain segment decrease of 30% to $183.6M, Paracatu segment decrease of 9% to $439.7M. Net income also reflects Paracatu segment income decrease of 42% to $115.5M, Round Mountain segment income decrease of 62% to $28.9M.
Employees: 8,970 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $7,185M as of Jun 30, 2022
Annual revenue (TTM): $4,418M as of Jun 30, 2022
EBITDA (TTM): $1,978M as of Jun 30, 2022
Net annual income (TTM): $32.75M as of Jun 30, 2022
Free cash flow (TTM): -$105.42M as of Jun 30, 2022
Net Debt Last Fiscal Year: $2,570M as of Jun 30, 2022
Shares outstanding: 1,300,045,558 as of Jul 27, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization