Management raised 2026 earnings guidance and filed a pre-approval request for a 755-megawatt generation project worth about $1.75 billion.
On October 28, 2026, Kinross Gold Corporation announced third-quarter 2026 results, reporting production of 424,693 gold equivalent ounces and declaring a quarterly dividend of $0.04 per common share.
Production decreased from 503,862 gold equivalent ounces in the same period last year, primarily due to planned lower output at Fort Knox and Bald Mountain, alongside reduced production at La Coipa and Round Mountain.
Kinross reported adjusted net earnings of $591.3 million, or $0.50 per share, while attributable free cash flow reached $281.3 million and attributable adjusted operating cash flow totaled $830.9 million for the third quarter.
Having repurchased approximately $230 million in shares during the quarter, the company increased its 2026 return of capital commitment to 50% of free cash flow, reflecting strong cash flow and balance sheet strength.
Total liquidity of approximately $4.4 billion as of September 30, 2026, supports the company as it advances the Manh Choh project, with no debt maturities until 2033 and an upgraded 'BBB' credit rating.