K:CC News and Press, Kinross Gold Corporation From 08/18/22

The S&P 500 and Nasdaq Composite rose slightly higher Thursday as traders fought to resurrect the recent market rally that slowed earlier this week. The Dow Jones Industrials moved into the sunlight by the close, gaining 18.72 points to 33,999.04. The S&P 500 picked up 9.7 p...

Gold pared some losses after Wednesday's release of minutes from July's Federal Reserve meeting , after futures had settled at a two-week low on weak economic data out of China, a rebound in the U.S. dollar, and rising Treasury yields. Front-month Comex gold ( XAUUSD:CUR ...

Investors may want to keep an eye on companies operating in the Battle Mountain – Eureka gold trend in Nevada. Calibre Mining Corp. (TSX: CXB) (OTCQX: CXBMF), for example, has a drill program at the 100% owned Pan Mine located in the region, “a Carlin-style, open-pit, heap...

Gold and other precious metals have been slowly grinding higher in recent weeks, thanks in part to an easing of Federal Reserve rate-hike fears. Though gold edged lower on Thursday over jitters that more hikes will be needed to put inflation in its place, I remain pretty upbeat on the shiny...

(All dollar amounts are expressed in U.S. dollars, unless otherwise noted.) TORONTO, Aug. 10, 2022 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) (“Kinross” and the “Company”) announced today that it has completed the sale of all its int...

Gold recently went through a textbook 20% correction, and many quality gold miners got pummeled, dropping by 30-50% or more. While many analysts are modeling gold miners' earnings using stagnant or lower gold prices, the price of gold could move substantially higher in the coming year...

Barrick Gold ( NYSE: GOLD ) is scheduled to announce Q2 results on Monday, Aug. 8, before market open. Consensus EPS estimate is $0.22 (-24.1% Y/Y) and consensus revenue estimate is $2.85B (-1.4% Y/Y). Over the last 2 years, GOLD has beaten EPS estimates 88% of t...

The materials sector in Canada started recovering faster than the broader market after the market crash during the Great Recession. This recovery was influenced and driven by gold stocks, since investors tend to focus on gold and leverage its ability to hold its value when there is uncertai...

For the second quarter of 2022, revenues were $821.5 million, with a net loss of $40.3 million or $0.03 per diluted share. Kinross Gold equivalent produced 557,491 attributable Au eq. Oz. in 2Q22 - including production from Kupol and Chirano (90%) - compared with 538,091 Au eq. Oz. in...

Kinross released its Q2 results last week, reporting quarterly production of ~557,500 gold-equivalent ounces (~454,000 GEOs from continuing), a 4% and 19% increase, respectively. While strong headline numbers, the increase was mostly related to lapping easy year-over-year comps at Tas...