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December 4, 2025
Kinross upgraded to Baa2 Rating by Moody’s
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Early redemption of $500 million in Senior Notes completed (All dollar amounts are expressed in U.S. dollars, unless otherwise noted.) TORONTO, Dec. 04, 2025 (GLOBE NEWSWIRE) - Kinross Gold Corporation (TSX: K; NYSE: KGC) (“Kinross”) announced today that Moody’s Investors Service (“Moody’s”) has upgraded the senior unsecured rating of Kinross to Baa2 from Baa3. The outlook has been changed to stable from positive. In its announcement, Moody’s noted Kinross’ scale and production profile, low financial leverage and conservative financial policies as key factors driving the upgrade. Further, on December 4, 2025, the Company repaid the entirety of its outstanding 4.50% Senior Notes (“Notes”), which have an aggregate principal amount of $500 million, ahead of their July 15, 2027, due date. Including the early redemption of the 2027 Notes, Kinross has repaid approximately $700 million of its debt in 2025, in line with its commitment to balance sheet strength. Over fiscal years 2024...
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November 4, 2025
Kinross reports strong 2025 third-quarter results
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Record free cash flow of approximately $700 million and achieved net cash position Increased 2025 share buyback target by 20% to $600 million and dividend by 17% On track to meet annual guidance TORONTO, Nov. 04, 2025 (GLOBE NEWSWIRE) - Kinross Gold Corporation (TSX: K, NYSE: KGC) (“Kinross” or the “Company”) today announced its results for the third quarter ended September 30, 2025.
This news release contains forward-looking information about expected future events and financial and operating performance of the Company. We refer to the risks and assumptions set out in our Cautionary Statement on Forward-Looking Information located on pages 24 and 25 of this release. All dollar amounts are expressed in U.S. dollars, unless otherwise noted. 2025 third-quarter highlights: Production 1 of 503,862 gold equivalent ounces (Au eq. oz.). Production cost of sales 2 of $1,150 per Au eq. oz. sold and attributable production cost of sales 1 of $1,145 per Au eq. oz. sold. Attributable...
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November 4, 2025
Kinross announces 17% annual increase to cash dividend and declares Q3 dividend
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(All dollar amounts are expressed in U.S. dollars, unless otherwise noted.) TORONTO, Nov. 04, 2025 (GLOBE NEWSWIRE) - Kinross Gold Corporation (TSX: K; NYSE: KGC) (the “Company”) is pleased to announce that the Company’s Board of Directors has approved a 17% increase to its longstanding dividend, which will amount to $0.14 per share on an annualized basis. The Board of Directors has also approved the Company’s quarterly dividend for the third quarter of 2025. The quarterly dividend of $0.035 per common share is payable on December 10, 2025, to shareholders of record as of the close of business on November 26, 2025. This dividend qualifies as an “eligible dividend” for Canadian income tax purposes while dividends paid to shareholders outside Canada (non-resident investors) will be subject to Canadian non-resident withholding taxes. About Kinross Gold Corporation Kinross is a Canadian-based global senior gold mining company with operations and projects in the United States, Brazil,...
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November 4, 2025
Kinross to redeem $500 million in Senior Notes on December 4, 2025
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(All dollar amounts are expressed in U.S. dollars, unless otherwise noted.) TORONTO, Nov. 04, 2025 (GLOBE NEWSWIRE) - Kinross Gold Corporation (TSX: K; NYSE: KGC) (“Kinross”) announced today it will redeem all of the outstanding 4.50% Senior Notes due July 15, 2027 (the “Notes”), which have an aggregate principal amount of $500 million, on December 4, 2025 (the “Redemption Date”). The Notes will be redeemed at a redemption price determined in accordance with the terms of the Notes and will include accrued and unpaid interest to, but not including, the Redemption Date. Interest on the Notes will cease to accrue from and after the Redemption Date. After the Notes are redeemed, Kinross will have $750 million aggregate principal amount of Senior Notes outstanding, with the next Senior Notes maturity date on July 15, 2033 for $500 million in aggregate principal amount. Questions regarding the redemption of the Notes issued by Kinross should be directed to Computershare Corporate...
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