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Kinross Gold Corp


  • VANCOUVER, June 23- The global gold mining industry is showing signs of life as merger activity picks up and industry veterans set up new companies and hunt for projects, taking advantage of weak prices to lay the groundwork for a rebound. In the first quarter, Paris- based asset manager Carmignac Gestion bought 11.65 million shares of Goldcorp, the highest valued...

  • SINGAPORE, April 2- Gold hovered above $1,200 an ounce on Thursday, clinging to gains from the prior session when it rose the most in two months, after weak U.S. private jobs data suggested that a more comprehensive employment report could disappoint. *Spot gold was flat at $1,203.70 an ounce by 2324 GMT, after climbing 1.8 percent on Wednesday.

  • "Canada is, for all intents and purposes, one of the best places you can explore," said Ian Ball, president of Abitibi Royalties Inc. "It had fallen out of favor a bit, but it is coming back quite rapidly." But that trend is beginning to turn for some of those with gold projects in Canada. These Canadian mines generally do not hold the promise mega projects like Barrick Gold...

  • Ecuador, seeking investment, buffs up mining sector image Wednesday, 4 Mar 2015 | 12:35 PM ET

    TORONTO, March 4- Rebranding itself as a mining-friendly jurisdiction, Ecuador has high hopes that incentives and tax benefits will polish its tarnished image and attract $5 billion worth of investment over the next five years, a senior minister told Reuters. "We have made the decision that mining constitutes a central axis of our development plans," said Rafael...

  • Feb 11- Yamana Gold Inc will go ahead with the construction of a mine at its Cerro Moro gold and silver project in Argentina, the Toronto- based gold miner said on Wednesday. All-in sustaining costs, the gold industry's benchmark cost metric, are expected to be between $547 to $557 per ounce of gold and $7.60 to $7.80 per ounce of silver over the life of the mine, Yamana...

  • Feb 10- Kinross Gold Corp will not go ahead with a $1.6 billion expansion of its Tasiast mine in Africa's northwest because of the weak gold price, the Toronto- based miner said on Tuesday, as it also reported an unexpected fourth-quarter loss. Bullion, which was last at $1,233 an ounce, is down 36 percent from its peak of $1,920 an ounce in September 2011.

  • Feb 10- Kinross Gold Corp reported a $1.47 billion fourth-quarter loss on Tuesday, well below analysts' expectations, as the Canadian gold producer took impairment charges and writedowns of more than $1 billion. The adjusted loss was $6 million, or 1 cent a share, down from an adjusted loss of $25.1 million, or 2 cents a share, before. Kinross, which has operations in...

  • These stocks were a bright spot on a slow day Tuesday, 30 Dec 2014 | 5:43 PM ET
    gold bars.jpg

    Gold rallied on Tuesday, pushing gold mining stocks as much as 11 percent higher, as investors switched into risk aversion mode.

  • Lightning Round: Just pull the trigger on this! Tuesday, 2 Dec 2014 | 7:14 PM ET
    Mad Money Lightning Round

    Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.

  • Gold firms plan drastic cuts as bullion sinks Friday, 7 Nov 2014 | 1:58 AM ET

    Struggling gold producers plan increasingly drastic measures to survive the latest price plunge - but not all of them will make it.

  • Gold mining shares dive on breakout jobs report Friday, 3 Oct 2014 | 2:04 PM ET
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    Gold erased this year's gains, dragging gold mining stocks as much as 6 percent lower, as the dollar soared on a gangbusters labor report.

  • Lightning Round: WWE, Williams Companies & more Friday, 30 May 2014 | 6:44 PM ET

    It's time for the Lightning Round. Cramer makes the call on viewer favorites.

  • Lightning Round: Valero, Kinross Gold & More Thursday, 22 May 2014 | 6:48 PM ET

    It's time for the Lightning Round. Cramer makes the call on viewer favorites.

  • Gold extends slide, ends lower for 3rd straight day Thursday, 8 May 2014 | 2:11 PM ET

    Gold ended lower on Thursday, extending the previous day's more than 1 percent drop, after the ECB it may act to stem falling inflation.

  • After-hours buzz: SolarCity, Tesla, Zillow & More Wednesday, 7 May 2014 | 5:00 PM ET

    Companies making headlines after the bell Wednesday.

  • Gold ends above $1,300; boosted by weak US data Thursday, 13 Feb 2014 | 2:21 PM ET

    Gold settled at a three-month high, breaking above $1,300 after disappointing US economic figures further hurt the dollar and equity markets.

  • Gold ends over $1,286; traders cheer dovish Yellen Thursday, 14 Nov 2013 | 2:24 PM ET

    Gold settled higher after Fed chairman nominee Janet Yellen suggested the central bank's massive bond-buying stimulus will continue.

  • After-hours buzz: CSCO, NTAP, SEAS & more Wednesday, 13 Nov 2013 | 4:59 PM ET

    Check out which companies are making headlines after the bell Wednesday:

  • U.S. stock index futures pointed to a lower open on Wall Street on Wednesday as investors digested mixed signals from the Fed.

  • Gold ends 3% higher, dollar slumps after debt deal Thursday, 17 Oct 2013 | 2:21 PM ET

    Gold settled more than 3 percent higher on Thursday as the dollar stumbled.