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Bullboard - Stock Discussion Forum Kinross Gold Corp T.K

Alternate Symbol(s):  KGC

Metals & Mining Gold
Kinross Gold Corporation is a Canada-based global senior gold mining company with operations and projects in the United States, Brazil, Mauritania, Chile and Canada. The Company’s projects include Fort Knox, Round Mountain, Bald Mountain, Manh Choh, Paracatu, La Coipa, Lobo-Marte, Tasiast and Great Bear projects. Fort Knox is an open-pit gold mine located near the city of Fairbanks, Alaska... see more

TSX:K - Post Discussion

Kinross Gold Corp > Kinross Gold Reports Q1 Net Loss Of $523.9 Million Due To Ru
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Post by AwareInvestor on May 11, 2022 7:55am

Kinross Gold Reports Q1 Net Loss Of $523.9 Million Due To Ru

Kinross Gold yesterday evening announced its first quarter 2021 financial results. The results mark the first quarter in which the firm has not included the topline revenue from its former Russian operations, a result of the assets being classified as discontinued as of the quarter end.
Comment by Abruzz0 on May 17, 2022 5:39pm
Today's news seems to indicate that Kinross' Russian operations might have to be written off in the next few months. That would be a brutal hit.
Comment by stockstarker on May 17, 2022 11:27pm
They sold the following assets and I am sure they didn't get a fair price for these assets. At least they are out of Russia and I believe the low share price over the years reflects their Russian mines. Now at least they can focus on gold mines in more friendly jurisdictions. Nobody in their right mines would invest in Russia. Kinross Gold Corporation (K) has agreed to sell 100 per cent of ...more  
Kinross Gold Corp
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