Der größte Goldproduzent - Kinross Gold Corp.
Kinross meldet Zahlen für Q3/17
2017 third-quarter highlights:
- Production1: 653,993 gold equivalent ounces (Au eq. oz.), compared with 684,129 Au eq. oz. in Q3 2016.
- Revenue: $828.0 million, compared with $910.2 million in Q3 2016.
- Production cost of sales(2): $662 per Au eq. oz., compared with $719 in Q3 2016.
- All-in sustaining cost2: $937 per Au eq. oz. sold, compared with $1,001 in Q3 2016. All-in sustaining cost per gold ounce (Au oz.) sold on a by-product basis was $927 in Q3 2017, compared with $987 in Q3 2016.
- Operating cash flow: $197.7 million, compared with $266.2 million in Q3 2016.
- Adjusted operating cash flow2: $320.8 million, compared with $320.3 million for Q3 2016.
- Reported net earnings(3): Net earnings increased to $60.1 million, or $0.05 per share, compared with net earnings of $2.5 million, or $0.00 per share, in Q3 2016.
- Adjusted net earnings2,3: $84.1 million, or $0.07 per share, compared with adjusted net earnings of $128.7 million, or $0.10 per share, in Q3 2016.
- Organic development projects:
- In mid-September 2017, the Company announced that it was proceeding with the Tasiast Phase Two and Round Mountain Phase W projects. Phase Two is expected to transform Tasiast into a large, world-class mine with low costs while Phase W is expected to extend mining by five years at Round Mountain.
- The TasiastPhase One expansion continues to advance on time and on budget and is expected to reach full commercial production towards the end of Q2 2018. Plant construction is now 77% complete.
- Construction for the TasiastPhase Two expansion is on schedule to start early next year, with engineering now 25% complete.
- At the Round MountainPhase W project, stripping and initial construction is on schedule to begin early next year, pending the permitting process. The Decision Record from the U.S. Bureau of Land Management was received in October 2017 and state permits are proceeding as planned.
- At the Bald MountainVantage Complex, overall engineering work is now 70% complete and initial construction work is expected to commence in Q1 2018.
- At the Moroshka project located near Kupol, development of the twin declines is progressing on schedule.
- Outlook: Kinross is tracking towards the high end of its 2017 guidance for production (2.5 - 2.7 million Au eq. oz.), and the low end for both production cost of sales ($660 - $720 per Au eq. oz.) and all-in sustaining cost ($925 - $1,025 per Au eq. oz.). The Company expects to be within its capital expenditures guidance of $900 million (+/- 5%).
http://www.kinross.com/news-and-investors/...ter-results/default.aspx
Kinross mit Giftpille
http://www.miningweekly.com/article/...pts-new-poison-pill-2018-03-16
Kinross Gold überlegt Mine in Chile wiederzueröffnen
http://www.mining.com/...r-making-decision-reopening-gold-mine-chile/
Kinross fällt nach Bekanntgabe neuer Sanktionen gegen Russland
https://seekingalpha.com/news/...io-tinto-winner-u-s-sanctions-russia
https://seekingalpha.com/article/...punished-due-u-s-sanctions-russia
Sehe ich genauso wie im Artikel. Und die Betriebskosten werden geringer durch die Rubelabwertung.
Kinross Gold Corporation (NYSE:KGC) Ratings Coverage
Among 4 analysts covering Kinross Gold (NYSE:KGC), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Kinross Gold had 8 analyst reports since October 30, 2017 according to SRatingsIntel. BMO Capital Markets maintained it with “Buy” rating and $5.25 target in Wednesday, November 8 report. The stock of Kinross Gold Corporation (NYSE:KGC) earned “Buy” rating by RBC Capital Markets on Monday, October 30. Deutsche Bank maintained Kinross Gold Corporation (NYSE:KGC) on Wednesday, April 11 with “Hold” rating. The firm has “Buy” rating by RBC Capital Markets given on Tuesday, April 3. The stock of Kinross Gold Corporation (NYSE:KGC) has “Buy” rating given on Monday, December 18 by BMO Capital Markets. The company was upgraded on Friday, November 10 by Macquarie Research. On Monday, April 9 the stock rating was downgraded by BMO Capital Markets to “Hold”. On Sunday, December 3 the stock rating was maintained by RBC Capital Markets with “Buy”.
Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties. The company has market cap of $4.67 billion. The company's gold production and exploration activities are carried out principally in Canada, the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania. It has a 11.06 P/E ratio. It also produces and sells silver; and explores for copper.
Kinross meldet Ergebnisse für Q1/18
2018 first-quarter highlights:
- Production1: 653,937 gold equivalent ounces (Au eq. oz.), compared with 671,956 Au eq. oz. in Q1 2017.
- Revenue: $897.2 million, compared with $796.1 million in Q1 2017.
- Production cost of sales2: $658 per Au eq. oz., compared with $701 in Q1 2017.
- All-in sustaining cost2: $846 per Au eq. oz. sold, compared with $953 in Q1 2017. All-in sustaining cost per gold ounce (Au oz.) sold on a by-product basis was $835 in Q1 2018, compared with $945 in Q1 2017.
- Operating cash flow: $293.5 million, compared with $207.8 million in Q1 2017.
- Adjusted operating cash flow2: $363.7 million, compared with $250.9 million in Q1 2017.
- Reported net earnings3: net earnings of $106.1 million, or $0.09 per share, compared with net earnings of $134.6 million, or $0.11 per share, in Q1 2017.
- Adjusted net earnings2,3: adjusted net earnings of $125.2 million, or $0.10 per share, compared with adjusted net earnings of $23.4 million, or $0.02 per share, in Q1 2017.
http://s2.q4cdn.com/496390694/files/doc_news/2018/...elease-FINAL.pdf
www.miningweekly.com/article/...eports-knock-out-q1-profit-2018-05-09
afrikanische Länder wollen einen größeren Teil vom "Kuchen" abbekommen
http://www.miningweekly.com/article/...seek-mining-payoffs-2018-05-10
geplante Erweiterung der Fort Knox Mine
http://www.mining.com/kinross-going-ahead-expansion-alaska-gold-mine/
Rockcliff und Kinross erkunden die Goldkonzessionsgebiete Laguna und Lucky Jack in Snow Lake (Manitoba)
Toronto, ON - 26. Juli 2018 - Rockcliff Metals Corporation (Rockcliff oder das Unternehmen) (TSX.V: RCLF) (FRANKFURT: RO0, WKN: A2H60G) freut sich, bekannt zu geben, dass das Unternehmen mit KG Exploration (Canada) Inc., einer Tochtergesellschaft von Kinross Gold Corporation (TSX:K), eine endgültige Optionsvereinbarung (Definitive Option Agreement, DOA) in Bezug auf die hochgradigen Goldkonzessionsgebiete Laguna und Lucky Jack des Unternehmens in Snow Lake (Manitoba) abgeschlossen hat. Beide Goldkonzessionen befinden sich im Zentrum des historischen Herb Lake Gold Camp. Das Goldkonzessionsgebiet Laguna, in dem zuletzt 1944 gebohrt wurde, beherbergt Manitobas erste und höchstgradige ehemalige Goldproduktionsstätte und wird jetzt dem ersten systematischen Explorationsprogramm in mehr als 100 Jahren unterzogen werden. ...
Kinross Gold meldet Ergebnisse für Q2/18
2018 second-quarter highlights:
- Production1: 602,049 gold equivalent ounces (Au eq. oz.), compared with 694,874 Au eq. oz. in Q2 2017.
- Revenue: $775.0 million, compared with $868.6 million in Q2 2017.
- Production cost of sales2: $767 per Au eq. oz., compared with $660 in Q2 2017.
- All-in sustaining cost2: $1,018 per Au eq. oz. sold, compared with $910 in Q2 2017. All-in sustaining cost per gold ounce (Au oz.) sold on a by-product basis was $1,011 in Q2 2018, compared with $901 in Q2 2017.
- Operating cash flow: $184.5 million, compared with $179.7 million in Q2 2017.
- Adjusted operating cash flow2: $231.5 million, compared with $230.8 million in Q2 2017.
- Reported net earnings3: $2.4 million, or $0.00 per share, compared with net earnings of $33.1 million, or $0.03 per share, in Q2 2017.
- Adjusted net earnings2,3: $37.8 million, or $0.03 per share, compared with adjusted net earnings of $54.9 million, or $0.04 per share, in Q2 2017.
- Organic projects and development opportunities:
- Tasiast Phase One construction is now complete, first ore has gone through the SAG mill, commissioning is in the final stages, and the project has been transferred to Operations.
- Kinross is pausing Phase Two activities and is analyzing alternative throughput expansion options at Tasiast as it continues to engage with the Government of Mauritania regarding its activities in the country. The Company remains committed to disciplined capital allocation as it seeks additional clarity on the matter.
- The Round Mountain Phase W project is progressing well and on budget, with pre-stripping commencing and good progress being made on the new heap leach area. Initial ore is expected mid-2019.
- Development of the Fort Knox Gilmore project in Alaska has commenced, and early works on the new heap leach pad have been initiated. Initial production is expected in early 2020.
- The Bald Mountain Vantage Complex project is proceeding on schedule and on budget, with construction well underway. Commissioning of the heap leach pad and processing facilities are on schedule to commence in Q1 2019.
- In Russia, the Moroshka project located near Kupol is on schedule to begin stoping high-grade ore in early Q4 2018.
- A feasibility study has been initiated at the La Coipa Restart project, along with a scoping study at the nearby Lobo Marte project, to evaluate the potential for a return to production in Chile.
- Outlook unchanged: Kinross expects to produce 2.5 million Au eq. oz. (+/- 5%) at a production cost of sales per Au eq. oz. of $730 (+/- 5%) and all-in sustaining cost of $975 (+/- 5%) per ounce sold on both a gold equivalent and by-product basis for 2018. Total capital expenditures are forecast to be approximately $1,075 million (+/- 5%).
- Balance sheet: As of June 30, 2018, Kinross had cash and cash equivalents of $918.7 million and available credit of $1,566.4 million, for total liquidity of approximately $2.5 billion, and no debt maturities until 2021.
http://www.kinross.com/news-and-investors/...ter-results/default.aspx
Earnings Call Slides
https://seekingalpha.com/article/...8-q2-results-earnings-call-slides
Chile trägt die Maricunga Goldmine von Kinross zu Grabe
https://www.reuters.com/article/...of-kinross-gold-mine-idUSL2N1WQ1S9