Kinross Gold Corporation reported second quarter 2026 net earnings of $844.2 million, or $0.71 per share, a 59% increase from the prior year period. Metal sales rose 29% to $2,238.1 million, driven by a 37% higher average realized gold price of $4,483 per ounce, which partially offset a 5% decline in attributable gold equivalent ounces sold. The company announced the appointment of Bernard Wessels as Chief Operating Officer, succeeding retiring executive Claude Schimper. Kinross operates in the gold mining industry.

Kinross Gold Corporation provided an update on the economics of its Lobo-Marte gold project in Chile, adjusting the 2021 feasibility study for inflation and execution strategy advancements. The updated plan projects approximately 350,000 ounces of average annual production over a 15-year life, with total output of 4.6 million ounces. Estimated all-in sustaining costs are ~$1,000 per ounce, supported by a heap leach grade of 1.3 g/t and a strip ratio of 2.0:1. The project carries an estimated net present value of $4.3 billion and an internal rate of return of 26% at a gold price of $4,100 per ounce. Initial capital expenditures are forecasted at approximately $1.8 billion to be self-funded from operating cash flow over three years. Permitting is on track with the Environmental Impact Assessment accepted for review in Q2 2026, targeting first production in the early 2030s.

Kinross Gold Corporation reported second-quarter 2026 results with attributable net earnings of $844.2 million, or $0.71 per share, driven by a 37% year-over-year increase in the average realized gold price to $4,483 per ounce. Attributable free cash flow reached $726.8 million, while production decreased 4% to 492,326 gold equivalent ounces and attributable all-in sustaining costs rose to $1,821 per ounce. The company returned approximately $600 million in capital year-to-date through share repurchases and dividends. Additionally, Kinross announced the appointment of Bernard Wessels as Chief Operating Officer and Alice Wong to its Board of Directors. Kinross is a global senior gold mining company with operations in the United States, Brazil, Mauritania, Chile, and Canada.

Kinross Gold Corporation declared a quarterly cash dividend of US$0.04 per common share for the second quarter of 2026. The payment is scheduled for September 3, 2026, to shareholders of record as of August 20, 2026. This distribution qualifies as an eligible dividend for Canadian income tax purposes, while non-resident investors are subject to Canadian withholding taxes. Kinross Gold Corporation operates in the gold mining industry.