6 Followers USX:KGC - Kinross Gold Corp Kinross Gold Corporation
Sector: Materials, Industry: Gold
Next Earnings: 8 May 2024
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USD 6.13    +0.25 (+4.25%)

28 Mar 2024


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General

CEO: Mr. J. Paul Rollinson

IPO: 1994-10-19

Headquarters: US

Employees: 0

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Description

Kinross Gold is a Canada-based gold producer, producing roughly 2.2 million gold equivalent ounces in 2023. The company had about a decade of gold reserves at the end of 2023. It operates mines in the Americas and West Africa after selling its low-cost Russian operations in 2022 in response to the invasion of Ukraine. The company has historically used acquisitions to fuel expansion into new regions and production growth. In 2022, Kinross purchased the Great Bear project in Canada, which, if developed, could produce an average of more than 500,000 ounces of gold per year for at least a decade.

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