Noticias y eventos de Kinross Gold Corp (KGC)KGCKinross Gold Corp

Kinross Gold Shares Down 10.1% to $24.84

Kinross Gold is down -10.1%, or -$2.78 to $24.84.

Kinross Gold Raises 2026 Capital Return Target to 50%

Kinross Gold provided an operational, guidance and return of capital update. The company now expects full-year 2026 and 2027 attributable production to be 2%-3% below the low end of previous guidance, with 1.84M-1.86M gold equivalent ounces expected per year. The change to the company's 2026 guidance is concentrated at two smaller assets, La Coipa and Round Mountain, and is the result of extreme weather and operational challenges. Kinross expects Q3 attributable production of approximately 425,000 Au eq. oz. Adjusting the company's 2026 cost guidance as a result of the updated production estimates, attributable production cost of sales is expected to be $1,420-$1,460 per Au eq. oz. sold and attributable all-in sustaining cost is expected to be $1,850-$1,900 per Au eq. oz. sold. Total operating and capital costs for the year remain on track despite higher oil prices. Kinross is increasing its return of capital target from 40% to 50% of free cash flow to shareholders for 2026. Kinross is increasing its return of capital target by 25%, from 40% to 50%, of free cash flow for 2026. To date in 2026, Kinross has returned approximately $800M to shareholders, including approximately $655M in share repurchases. Since 1Q25, Kinross has returned more than $1.5B to shareholders and has repurchased more than 4% of its outstanding shares.

BTU Metals Acquires 100% Interest in Dixie East Block 3 Project

BTU METALS CORP. (BTUMF) entered into a definitive agreement to acquire a 100% interest in the Dixie East Block 3 Project located approximately 6 kilometres east of the Kinross (KGC)-owned Great Bear Project in the eastern part of the Red Lake District, Ontario. The newly acquired claim package is directly adjacent to the Kinross and BTU Dixie Halo Project and further augments the Company's strategic land position in one of Canada's most active and prospective gold exploration districts. The new acquisition brings the Company's total Dixie East Project strike coverage to approximately 17 kilometres. The Dixie East Block 3 claims strengthen the Company's district-scale exploration footprint surrounding the multi-million-ounce Great Bear gold deposit being advanced toward production by Kinross as well as the easterly extent of their recently announced high-grade Strider gold discovery. The Dixie East Block 3 claims are directly contiguous with the Company's Dixie Halo Project, currently operated by Kinross under an option and Joint Venture agreement and further enhances the Company's exposure to ongoing exploration success in the broader Great Bear district and increases the Company's cumulative Dixie East land package to approximately 17 km of strike length. The newly acquired claims occur within the interpreted extension of the same east-trending regional structural corridor associated with gold mineralization at the Great Bear Project, including the LP Fault system. Kinross recently reported high-grade gold drill intercepts west of the new property from the new Strider Zone, including 215.4 g/t gold over 2.1 metres, results that further support the importance of this regional scale gold mineralized structural corridor and that shows the potential of the broader mineralized system to contain high gold values well beyond the current Great Bear known mineralization. The Company will commence work on the Block 3 property this summer. The Company is funded and will commence geological work immediately upon approval of the property agreement. Pursuant to the definitive purchase agreement, the Company will acquire 100% interest in the Block 3 claim group through the issuance of an aggregate total of 800,000 common shares of the Company, a cash payment of C$16,000 plus a 1.5% NSR, with the right for BTU to buy back a 0.5% interest at any time for C$500,000, to the arm's length vendors. This transaction is subject to approval from the TSXV. The shares issued will be subject to normal course trading restrictions.