Latest news with #VictoriaBarringtonSenior
Yahoo
05-05-2025
- Business
- Yahoo
Kinross announces ownership of shares of Eminent Gold Corp.
(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. Each Unit consisted of one common share in the capital of Eminent (each, a 'Share') and one-half of one Share purchase warrant (each whole warrant being a 'Warrant'). Each Warrant shall entitle the holder thereof to acquire one Share at an exercise price of $0.70 per Share for a period of 24 months from their issuance. Prior to the Acquisition, Kinross did not own or have control over any securities of Eminent. As a result of the Acquisition, Kinross acquired an aggregate of 7,574,237 Shares and 3,787,118 Warrants, representing approximately 9.9% of the issued and outstanding Shares on a non-diluted basis and 14.15% of the issued and outstanding Shares on a partially diluted basis. An early warning report filed by Kinross in connection with the investment will be available on Eminent's SEDAR+ profile at Alternatively, you may contact Luke Crosby, Senior Vice President, General Counsel and Corporate Secretary at 647-788-4478 to obtain a copy of the report. Kinross is organized under the laws of the Province of Ontario and its head office is located at 25 York Street, 17th Floor, Toronto, Ontario M5J 2V5. Eminent's head office is located at 1055 West Georgia Street, 1500 Royal Centre, PO Box 11117, Vancouver, British Columbia V6E 4N7. Kinross acquired the Units for investments purposes. Kinross may, from time to time, increase or decrease its investment in the Issuer through market transactions, private placements, treasury issuances or otherwise, including pursuant to the terms of the Investor Rights Agreement between Kinross and the Issuer. Kinross has agreed to a standstill at 19.9%, calculated on a partially diluted basis. About Kinross Gold Corporation Kinross is a Canadian-based global senior gold mining company with operations and projects in the United States, Brazil, Mauritania, Chile and Canada. Our focus is on delivering value based on the core principles of responsible mining, operational excellence, disciplined growth, and balance sheet strength. Kinross maintains listings on the Toronto Stock Exchange (symbol:K) and the New York Stock Exchange (symbol:KGC). Media Contact Victoria BarringtonSenior Director, Corporate Communicationsphone: _______________________________________ Investor Relations ContactDavid ShaverSenior Vice-President, Investor Relations and Communicationsphone: 416-365-2854InvestorRelations@ Source: Kinross Gold CorporationSign in to access your portfolio
Yahoo
15-04-2025
- Business
- Yahoo
Kinross reports temporary suspension of mill at Tasiast
TORONTO, April 15, 2025 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX: K; NYSE: KGC) (the 'Company') announced today a temporary suspension of mill operations at Tasiast due to a mill fire that occurred on April 14, 2025, which has been fully extinguished. No injuries have been reported and mining operations are continuing on plan. The Company is investigating the cause of the fire, as well as assessing the damage and potential impact on the operation. The Company's initial assessment indicates that the fire was localized in the SAG discharge area. Critical spare parts are available on site and the Company is not expecting to change its guidance for Tasiast. About Kinross Gold Corporation Kinross is a Canadian-based global senior gold mining company with operations and projects in the United States, Brazil, Mauritania, Chile and Canada. Our focus is on delivering value based on the core principles of responsible mining, operational excellence, disciplined growth, and balance sheet strength. Kinross maintains listings on the Toronto Stock Exchange (symbol: K) and the New York Stock Exchange (symbol: KGC). Media Contact Victoria BarringtonSenior Director, Corporate Communicationsphone: Investor Relations ContactDavid Shaver Senior Vice-President, Investor Relations & Communications phone: 416-365-2761 InvestorRelations@ Source: Kinross Gold Corporation Cautionary statement on forward-looking information All statements, other than statements of historical fact, contained or incorporated by reference in this news release including, but not limited to, any information as to the future financial or operating performance of Kinross, constitute 'forward-looking information' or 'forward-looking statements' within the meaning of certain securities laws, including the provisions of the Securities Act (Ontario) and the provisions for 'safe harbor' under the United States Private Securities Litigation Reform Act of 1995 and are based on expectations, estimates and projections as of the date of this news release. Forward-looking statements include future events and opportunities including, without limitation, statements with respect to: the potential impact of the mill fire on operations at Tasiast; and our estimates, expectations, forecasts and guidance for production at Tasiast. The word 'expect' or variations of or similar such words and phrases or statements that certain actions, events or results 'may', 'could', 'will' or 'would' occur, and similar expressions identify forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by Kinross as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. The estimates and assumptions of Kinross referenced, contained or incorporated by reference in this news release, which may prove to be incorrect, include, but are not limited to, the various assumptions set forth herein and in our Annual Information Form dated March 27, 2025 and our full-year 2024 Management's Discussion and Analysis as well as: the estimated cost and projected timing of repairing and re-starting the mill being consistent with the Company's current expectations; the impact of the incident on the Company's current production guidance, mineral reserve and mineral resource estimates, and estimated overall value of Tasiast; and the estimated duration of the suspension of the SAG mill being consistent with Kinross' current expectations. Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking statements. These uncertainties and contingencies can directly or indirectly affect, and could cause, Kinross' actual results to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf of, Kinross. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are provided for the purpose of providing information about management's expectations and plans relating to the future. All of the forward-looking statements made in this news release are qualified by these cautionary statements and those made in our other filings with the securities regulators of Canada and the United States including, but not limited to, the cautionary statements made in the "Risk Factors" section of our Annual Information Form dated March 27, 2025 and the "Risk Analysis" section of our full-year 2024 Management's Discussion & Analysis. These factors are not intended to represent a complete list of the factors that could affect Kinross. Kinross disclaims any intention or obligation to update or revise any forward-looking statements or to explain any material difference between subsequent actual events and such forward looking statements, except to the extent required by applicable law. Other information Where we say 'we', 'us', 'our', the 'Company', or 'Kinross' in this news release, we mean Kinross Gold Corporation and/or one or more or all of its subsidiaries, as may be in to access your portfolio
Yahoo
07-04-2025
- Business
- Yahoo
Kinross to announce Q1 results on May 6, 2025
Company to hold virtual Annual Meeting of ShareholdersMeeting materials are now available TORONTO, April 07, 2025 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX: K; NYSE: KGC) will release its financial statements and operating results for the first quarter of 2025 on Tuesday, May 6, 2025, after market close. On Wednesday, May 7, 2025, at 7:45 a.m. EDT Kinross will hold a conference call and audio webcast to discuss the results, followed by a question-and-answer session. The call-in numbers are as follows: Canada & US toll-free – 1 (888) 596-4144; Passcode: 9425112Outside of Canada & US – 1 (646) 968-2525; Passcode: 9425112 Replay (available up to 14 days after the call): Canada & US toll-free – 1 (800) 770-2030; Passcode: 9425112Outside of Canada & US – 1 (609) 800-9909; Passcode: 9425112 You may also access the conference call on a listen-only basis via webcast at our website The audio webcast will be archived on Virtual Annual Meeting of Shareholders Kinross' Annual Meeting of Shareholders will be held on Wednesday, May 7, 2025, at 10:00 a.m. EDT. The Company has elected to hold a virtual meeting via a live audio webcast to continue to provide enhanced flexibility and opportunity for shareholder participation irrespective of their geographic location and share ownership. The virtual meeting will be accessible online at: Voting and participation instructions for eligible shareholders are provided in the Company's Notice of Annual Meeting of Shareholders and Management Information Circular. The link to the virtual meeting will also be accessible at and will be archived for later use. The 2024 Annual Report, Management Information Circular, Annual Information Form and Form 40-F have also been filed with SEDAR+ ( and EDGAR ( Shareholders may also receive a copy of Kinross' audited financial statements without charge upon request to Kinross Gold's Investor Relations Department, 25 York Street, 17th Floor, Toronto, Ontario, Canada, M5J 2V5 or to info@ Access Kinross' Management Information Circular and 2024 Annual Report here: About Kinross Gold Corporation Kinross is a Canadian-based global senior gold mining company with operations and projects in the United States, Brazil, Mauritania, Chile and Canada. Our focus is on delivering value based on the core principles of responsible mining, operational excellence, disciplined growth, and balance sheet strength. Kinross maintains listings on the Toronto Stock Exchange (symbol: K) and the New York Stock Exchange (symbol: KGC). Media Contact Victoria BarringtonSenior Director, Corporate Communicationsphone: Investor Relations ContactDavid ShaverSenior Vice-President, Investor Relations & Communications phone: 416-365-2761InvestorRelations@ Source: Kinross Gold in to access your portfolio
