Kinross Gold Corporation announced robust Q2 2026 results, with adjusted net earnings of $847.8 million and free cash flow of $726.8 million, driven by solid production and disciplined cost management. The company returned over $600 million to shareholders year-to-date through dividends and share repurchases, aiming to return 40% of free cash flow in 2026. Key development projects like Lobo-Marte and Great Bear are progressing well, with Lobo-Marte expected to produce ~350,000 ounces annually at low costs. Kinross maintains a strong balance sheet with $2.7 billion in cash and continues its commitment to responsible mining and sustainability.
Gold prices have been consolidating near $4,000 an ounce due to inflation-driven higher interest rates, which increase the cost of holding gold and reduce investment demand. However, the gold mining sector is showing robust fundamentals, with compani...
The Great Canadian Treasure Hunt, organized by The Northern Miner and supported by EarthLabs Inc. and other sponsors, has announced the location of its next regional prize in Manitoba. Hunters can search for six one-ounce gold coins valued at nearly ...
