Events Calendar

Upcoming Events Past Events
Jan20
29th Annual CIBC Western Institutional Investor Conference
Whistler, BC
Jan26
TD Cowen 17th Annual Global Mining Conference
Toronto, ON
Feb21
BMO Global Metals, Mining and Critical Minerals Conference
Hollywood, FL
Show more
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Events Calendar

Upcoming Events Past Events
February21
BMO Global Metals, Mining and Critical Minerals Conference
Hollywood, FL
January26
TD Cowen 17th Annual Global Mining Conference
Toronto, ON
January20
29th Annual CIBC Western Institutional Investor Conference
Whistler, BC
Show more
TSX: K 14.25 +1.42%
NYSE: KGC 10.52 +1.35%
GOLD 2,645.30 +0.85%

Why Invest in Kinross

Founded in 1993, Kinross Gold is a senior gold mining company with a diverse portfolio of mines and projects in the United States, Canada, Brazil, Chile, and Mauritania, and is headquartered in Toronto, Canada. The Company is focused on delivering value through operational excellence, balance sheet strength, disciplined growth, and responsible mining.

- J. Paul Rollinson, CEO

Investor Relations ESG Analyst Centre

Compelling Investment Opportunity

Attractive Value Opportunity

Attractive Value Opportunity

  • Compelling value opportunity, with ~70% of production based in the Americas, a strong and stable ~2-million-ounce production outlook, solid pipeline of exploration and development opportunities, competitive margins, and an attractive dividend.
  • Attractive trading metrics:
  • Price to Free Cash Flow Per Share
  • Enterprise Value to EBITDA ratio

Balance Sheet Strength and Flexibility

Liquidity Position1

Balance Sheet Strength and Flexibility

  • Total liquidity of ~$2.0 billion, including $465 million of cash and cash equivalents (1)
  • Continued to repay debt and de-lever in Q3
  • Net debt to EBITDA improved as of quarter end
  • Prioritizing the balance sheet
  • Revolver full repaid subsequent to Sept 30th
  • Maintaining quarterly dividend of 3 cents per share
Footnotes
  • 1 "Liquidity Position" and "Total liquidity" are defined as the sum of cash and cash equivalents, as reported on the interim condensed consolidated balance sheets, and available credit under the Company's credit facilities (as calculated in Section 6 - Liquidity and Capital Resources of Kinross' MD&A for the period ended March 31, 2023).

Senior Gold Producer

Senior Gold Producer

  • Large, gold producer with a diversified portfolio of mines and development projects
  • Strong production profile with at least two million Au eq. oz. projected annually over the next several years
  • Approximately 70% of production to come from mines in the Americas, and more than half of production from two Top Tier assets(1) – Tasiast and Paracatu
Footnotes
  • (1) Top tier defined as assets with Life of Mine (LOM) into the next decade and annual production averaging greater than 500koz and LOM AISC <$1000/oz

Technically Skilled Operator

Guidance image

A haul truck carries a load of ore at Tasiast in Mauritania

Technically Skilled Operator

  • Among the best safety records in the industry, with reportable injury rates on par with low-risk, non-industrial sectors
  • Achieving operating efficiencies through strong culture of continuous improvement
  • Developed a range of operating expertise working in a variety of geographic environments in both open pit and underground mines


High Quality Projects

Round Mountain Operations machinery
A drill rig operates at Round Mountain in Nevada, U.S.A.

High Quality Projects

We continue to advance our portfolio of high-quality development projects and future opportunities:

  • The initial resource at the Great Bear project marks excellent progress since the acquisition in early 2022. Initial resource of 2.7 Moz indicated resources and 2.3 Moz inferred resources. Kinross continues to make exciting high-grade discoveries, including depths greater than 1km. A PEA on the Great Bear project is planned to be released in H2/24
  • The Manh Choh project in Alaska is a high grade, open pit project that is expected to extend Fort Knox's mill operations through the decade. The project remains on track for full production in the second half of 2024
  • The Lobo-Marte project in Chile has the potential to support Kinross’ long-term production profile with attractive all-in sustaining costs
  • Our exploration program has a strong record of extending mine life and is focused on high-quality brownfield targets within existing footprint of our mines

Industry Leader in Responsible Mining

The recontoured and seeded rock disposal area of the Numbers pit at Bald Mountain in Nevada, U.S.A.

Industry Leader in Responsible Mining

  • ESG performance consistently ranks well among senior gold peers, as measured by Sustainalytics, MSCI, ISS, Vigeo, Refinitiv and S&P’s Dow Jones Sustainability Index
  • Lowered GHG intensity rates in 2022 and the Company is on track towards 2030 target. Committed to a 30% reduction in intensity per ounce produced of scope 1 and scope 2 GHG emissions by 2030 and net-zero GHG emissions by 2050.
  • The Company recycled 80% of water used at site, maintaining a high rate consistent with its five-year average.
  • 99% of workforce and 87% of managers employed from host countries.
  • Prioritized ESG Governance through enhancement of ESG metrics in short-term incentive compensation plans by increasing weighting from 20% to 25% and the creation of new objectives linked to strategy and diversity in 2022.
  • 40% of current board members meet one or more diversity characteristics.
  • Highest ranked Canadian mining company surveyed in the Globe and Mail’s 2022 annual governance review scoring 93 out of 100, placing 15th out of 226 companies.
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