Kinross Gold Corporation is a global mining company engaged in the exploration and production of gold and silver
With a diverse portfolio of mines and projects located across North America, South America, and West Africa, Kinross is dedicated to responsible mining practices and sustainability. The company focuses on maximizing value through the efficient extraction of valuable mineral resources while prioritizing environmental stewardship and community engagement. Kinross seeks to enhance shareholder value by employing advanced technologies and innovation in mining processes, as well as by fostering strong relationships with local stakeholders.
Kinross Gold receives a double upgrade to "Buy" with a price target of $12.75, as production forecasts rise to 2M GEOs annually. Barrick Gold, however, faces challenges with mine shutdowns and tax disputes, leading to a downgrade to "Neutral." Analyst adjustments project Kinross boosting shareholder returns in 2025, while Barrick grapples with risks in Mali and the Dominican Republic.
Gold's 2024 outperformance has carried over into 2025, with GLD up nearly 3% year-to-date and several gold stocks displaying immense relative strength.
Significant margin growth and record free cash flow, $350 million debt repaymentFirst gold from Manh Choh, strong PEA results at Great BearOn track to meet annual guidance
TORONTO, Nov. 19, 2024 (GLOBE NEWSWIRE) -- White Gold Corp. (TSX.V: WGO, OTCQX: WHGOF, FRA: 29W) (the "Company") is pleased to announce an updated Mineral Resource Estimate (“MRE”) for its flagship White Gold project located approximately 95 km south of Dawson City in west-central Yukon, Canada. The updated mineral resource includes a significant increase in total gold ounces, including a 18.5% increase in inferred resources and an 4.3% increase in indicated resources. The White Gold project now comprises 1,203,000 ounces of gold in the Indicated Resource category (17.7 million tonnes averaging 2.12 g/t Au) and 1,116,600 ounces of gold in the Inferred Resource category (24.5 million tonnes averaging 1.42 g/t Au) at US$2,000/oz gold. The gold resources at the White Gold Project are near surface, almost entirely captured within an open pit, and remain open for expansion in multiple directions with additional opportunities to increase total resources via targets within close proximity. Additional increases to the size of the resource may also be possible through an ongoing analysis of the resource block model and by capturing additional ounces hosted within the Target for Further Exploration area which hosts an additional estimated 10 – 12 million tonnes grading between 1 – 2 g/t Au. These results form part of the Company’s work program supported by strategic partners including Agnico Eagle Mines Limited (TSX: AEM, NYSE: AEM) and Kinross Gold Corporation (TSX: K, NYSE: KGC).
TORONTO, Nov. 05, 2024 (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$0.03 per common share for the third quarter of 2024.
TORONTO, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX: K; NYSE: KGC) will release its financial statements and operating results for the third quarter of 2024 on Tuesday, November 5, 2024, after market close. On Wednesday, November 6, 2024, at 8:00 a.m. ET Kinross will hold a conference call and audio webcast to discuss the results, followed by a question-and-answer session. The call-in numbers are as follows:
TORONTO, Sept. 26, 2024 (GLOBE NEWSWIRE) -- White Gold Corp. (TSX.V: WGO, OTCQX: WHGOF, FRA: 29W) (the “Company”) is pleased to announce that surface rock sampling has encountered gold with associated anomalous silver and tellurium in altered and mineralized intrusive rocks over a 1.25 km section of the 2.2 km Chris Creek target, a recently discovered gold-in-soil anomaly on its QV property. The Chris Creek target is located approximately 9 km northwest of the VG deposit and appears to be similar in character to the VG and Golden Saddle deposits which form part of the Company’s flagship White Gold Project (Figure 1). The White Gold Project is located in west-central Yukon, Canada, and comprises 16 million tonnes averaging 2.23 g/t Au for 1,152,900 ounces of gold in the Indicated Resource category and 19 million tonnes averaging 1.54 g/t Au for 942,400 ounces of gold in the Inferred Resource category (1). These new results form part of the Company’s 2024 exploration program on its extensive and underexplored land package in the emerging White Gold District, Yukon, supported by strategic partners including Agnico Eagle Mines Limited (TSX: AEM, NYSE: AEM) and Kinross Gold Corporation (TSX: K, NYSE: KGC).
For those considering gold equities, we present our portfolio of the 6 largest ($+10B) stocks by market capitalization that trade on Canadian and/or American stock exchanges.
These ten stocks saw significant gains last week, with Summit Therapeutics up 98.32% and BioNTech up 31.77%. Analysts also raised price targets for Applovin and Arm Holdings.
PALM BEACH, Fla., Sept. 25, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Gold prices are forecast to climb to record highs in the coming year. The price of gold has soared to new heights this year and is positioned to climb into early 2025, rising to new record highs, according to Goldman Sachs Research. The precious metal has increased more than 20% this year, peaking at a record of more than $2,500 per troy ounce. Goldman Sachs Research forecasts the price will reach $2,700 by early next year, buoyed by interest rate cuts by the Federal Reserve and gold purchases by emerging market central banks. The metal could get an additional boost if the US imposes new financial sanctions or if concerns mount about the US debt burden. They see that Gold prices are forecast to climb to record high. Goldman Sachs says that: “Gold is our strategists’ preferred near-term long (the commodity they most expect to go up in the short term), and it’s also their preferred hedge against geopolitical and financial risks. In this softer cyclical environment, gold stands out as the commodity where we have the highest confidence in near-term upside,” Goldman Sachs Research strategists Samantha Dart and Lina Thomas write. Active Mining Companies in the markets today include Asia Broadband Inc. (OTCPK: AABB), Equinox Gold Corp. (NYSE American: EQX), Kinross Gold Corporation (NYSEKGC), Barrick Gold Corporation NYSE: GOLDNYSEGOLD)(NYSE: IAGNYSEIAG.
The best time to invest is often when sentiment is at its lowest, and sentiment around gold and silver equities is pretty low right now but history tells us that this could be the perfect time to buy.
Annual production over 500,000 ounces1Impressive margins with low AISC2 of ~$800/ozDrilling beyond PEA inventory shows high-grade mineralization at depth
It is best to invest when sentiment is low and that's the case with gold equities right now so this could be the perfect time to buy. To help you determine which gold stocks to consider investing in consider one of the 6 gold stocks in our portfolio,
TORONTO, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) (“Kinross”) will release its Preliminary Economic Assessment for Great Bear followed by a virtual presentation and question and answer session on Tuesday, September 10, 2024 at 9 a.m. EDT.
Blue Hat Interactive Entertainment Technology (NASDAQBHAT) is making significant strides in the gold market, showcasing how a company with roots in entertainment can pivot and disrupt an entirely different industry. By leveraging technological innovations and forming strategic partnerships, Blue Hat is positioning itself as a leader in the evolving gold supply chain and trading ecosystem, with the potential to become a pivotal player alongside established giants like Newmont NYSE: NEMNYSENEM)(NYSE: GOLDNYSEGOLD, Agnico Eagle Mines (NYSE: AEMNYSE), and Kinross Gold (NYSE: KGCKGC).
