Latest Kinross Gold Corp (KGC) Headlines
NYSE stocks posting largest percentage increases
AP - Thu Mar 13, 5:05PM CDT
NEW YORK (AP) — A look at the 10 biggest percentage gainers on New York Stock Exchange at the close of trading:
Kinross Reaches Agreement With Unions to End Strike at Maricunga
Marketwire - Wed Mar 12, 5:41PM CDT
Kinross Gold (TSX: K)(NYSE: KGC) is pleased to announce that a memorandum of understanding has been signed with its two unions at its Maricunga mine in Chile to end a strike which started on March 5th. Kinross has reached an agreement that is fair and reasonable to both its employees and the Company and recognizes the cost challenges at Maricunga and the current gold price environment. The strike is not expected to impact the Company's 2014 regional guidance for the Americas. Management plans to return to normal operations as soon as possible.
Kinross Closes Debt Securities Offering - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Mar 07, 2:10PM CST
Kinross has closed the previously-announced offering of unsecured 10-year debt securities worth $500 million.
Technical Commentary on Most Active Equities: Twitter, Kinross Gold, Petróleo Brasileiro, and Pandora Media
PR Newswire - Fri Mar 07, 7:00AM CST
The trading session on Thursday, March 06, 2014 finished on a mixed note as the Dow Jones Industrial Average finished at 16,421.89, up 0.38% and the NASDAQ Composite closed at 4,352.13, down 0.13%. The S&P 500 finished the session 0.17% higher at 1,877.03. The gains were broad based with 7 of 10 sectors going up. The session saw a positive impact from gains in Financial, Energy and Industrial sectors while Health Care, Utilities and Consumer Staples sectors ended in negative. Investor-Edge.com looks at some of the equities which were most active during the session. These include Twitter Inc. (NYSE:TWTR), Kinross Gold Corp. (NYSE:KGC), Petroleo Brasileiro S.A. (NYSE
BR), and Pandora Media Inc. (NYSE). Free research on these five companies can be accessed at:
Kinross Completes US$500 Million Unsecured Debt Offering
Marketwire - Thu Mar 06, 4:01PM CST
Kinross Gold Corporation (TSX: K)(NYSE: KGC) ("Kinross") announced today that it has closed its previously-announced offering of debt securities, consisting of US$500 million principal amount of its 5.95% Senior Notes due 2024. The notes are unsecured, senior obligations of Kinross and are wholly and unconditionally guaranteed by certain of Kinross' wholly-owned subsidiaries that are also guarantors under Kinross' senior unsecured credit agreement. Kinross intends to use the net proceeds to repay a portion of its term loan, which is due August 2017.
Kinross' Employees Strike at Maricunga Mine - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Mar 06, 2:30PM CST
Kinross' unionized employees at the Maricunga mine in Chile have initiated a strike.
Unionized Employees Strike at Maricunga Mine
Marketwire - Wed Mar 05, 4:16PM CST
Unionized employees at Kinross Gold Corporation's (TSX: K)(NYSE: KGC) Maricunga mine in Chile's Region III have initiated strike action following the failure to reach agreement on a new collective agreement at the mine. Mining operations at Maricunga have been suspended, while the heap leach facility and processing plant remain in operation in order to meet environmental compliance obligations. Kinross is unable at this time to predict when striking employees may return to work, or what the production impact may be, but will update the market as appropriate. The Maricunga mine produced approximately 188,000 gold equivalent ounces in 2013.
Outlook Improving for Gold and Miners
Varun Chandan, Arora, The Motley Fool - Motley Fool - Wed Mar 05, 9:18AM CST
On Monday, gold prices struck a four-month high of $1,354.80 an ounce as tensions in Ukraine escalated. Prices eased on Tuesday, falling more than 1%, after Russia ordered its troops to return to their permanent bases. With tensions in Ukraine...
Monday's Top Upgrades (and Downgrades)
Rich Smith, The Motley Fool - Motley Fool - Mon Mar 03, 1:00PM CST
This series, brought to you by Yahoo! Finance, looks at which upgrades and downgrades make sense and which ones investors should act on. Today, we'll be focusing on gold mining stocks, as investment banker Raymond James introduces digs into the...
Kinross Prices $500 Million Debt Securities - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Mar 03, 12:20PM CST
Kinross has announced the pricing of unsecured 10-year debt securities worth $500 million.
Will Endeavour Silver Corp Go Shopping in 2014?
Vladimir Zernov, The Motley Fool - Motley Fool - Mon Mar 03, 8:37AM CST
As silver prices have stabilized in 2014, shares of Endeavour Silver have responded accordingly, 42% year to date. The company stated that its target is to become a senior silver producer, which means that its silver production must exceed 10...
Tough Times in the Gold Sector: Will 2014 Be Better for Gold Miners?
Louie Grint, The Motley Fool - Motley Fool - Sat Mar 01, 12:20PM CST
Unfortunately for miners, gold prices at $1,900 per ounce are history. Big drivers for gold prices such as the weak dollar, concerns over Europe's financial problems, China's reduced economic growth numbers, and quantitative easing are either...
Kinross Announces US$500 Million Unsecured 10-Year Debt Offering
Marketwire - Thu Feb 27, 4:01PM CST
Kinross Gold Corporation (TSX: K)(NYSE: KGC) ("Kinross") announced today that it has priced an offering of debt securities consisting of US$500 million principal amount of its 5.95% Senior Notes, due 2024. The notes will be unsecured, senior obligations of Kinross and will be wholly and unconditionally guaranteed by certain of Kinross' wholly-owned subsidiaries that are also guarantors under Kinross' senior unsecured credit agreement. The offering is expected to close on March 6, 2014. Kinross intends to use the net proceeds to repay a portion of its term loan, which is due August 2017.
Gold Prices Turn Green as Consumer Confidence Slides
at The Street - Tue Feb 25, 9:31AM CST
Gold prices gain as consumer confidence weakens and fails to meet economists' forecasts.
High Costs Put Pressure on This Gold Miner
Vladimir Zernov, The Motley Fool - Motley Fool - Tue Feb 25, 8:15AM CST
Despite the recent rise in gold prices, cost performance continues to be extremely important for gold miners. Miners with lower costs tend to outperform those who struggle on the costs side. However, it is not that easy to cut costs if you are a...
Upgrade Alert for Kinross Gold (KGC)
Comtex SmarTrend(R) - Tue Feb 25, 7:04AM CST
Kinross Gold (NYSE:KGC) was upgraded from Hold to Buy at Canaccord Genuity today. The stock closed yesterday at $5.28 on volume of 6.8 million shares, below average daily volume of 10.5 million. Kinross Gold has overhead space with shares priced $5.27, or 3.8% below the average consensus analyst price target of $5.48. The stock should find initial support at its 200-day moving average (MA) of $5.10 and further support at its 50-day MA of $4.66.
NYSE stocks posting largest percentage increases
AP - Thu Mar 13, 5:05PM CDT
NEW YORK (AP) — A look at the 10 biggest percentage gainers on New York Stock Exchange at the close of trading:
Kinross Reaches Agreement With Unions to End Strike at Maricunga
Marketwire - Wed Mar 12, 5:41PM CDT
Kinross Gold (TSX: K)(NYSE: KGC) is pleased to announce that a memorandum of understanding has been signed with its two unions at its Maricunga mine in Chile to end a strike which started on March 5th. Kinross has reached an agreement that is fair and reasonable to both its employees and the Company and recognizes the cost challenges at Maricunga and the current gold price environment. The strike is not expected to impact the Company's 2014 regional guidance for the Americas. Management plans to return to normal operations as soon as possible.
Kinross Closes Debt Securities Offering - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Mar 07, 2:10PM CST
Kinross has closed the previously-announced offering of unsecured 10-year debt securities worth $500 million.
Technical Commentary on Most Active Equities: Twitter, Kinross Gold, Petróleo Brasileiro, and Pandora Media
PR Newswire - Fri Mar 07, 7:00AM CST
The trading session on Thursday, March 06, 2014 finished on a mixed note as the Dow Jones Industrial Average finished at 16,421.89, up 0.38% and the NASDAQ Composite closed at 4,352.13, down 0.13%. The S&P 500 finished the session 0.17% higher at 1,877.03. The gains were broad based with 7 of 10 sectors going up. The session saw a positive impact from gains in Financial, Energy and Industrial sectors while Health Care, Utilities and Consumer Staples sectors ended in negative. Investor-Edge.com looks at some of the equities which were most active during the session. These include Twitter Inc. (NYSE:TWTR), Kinross Gold Corp. (NYSE:KGC), Petroleo Brasileiro S.A. (NYSE
BR), and Pandora Media Inc. (NYSE). Free research on these five companies can be accessed at: Kinross Completes US$500 Million Unsecured Debt Offering
Marketwire - Thu Mar 06, 4:01PM CST
Kinross Gold Corporation (TSX: K)(NYSE: KGC) ("Kinross") announced today that it has closed its previously-announced offering of debt securities, consisting of US$500 million principal amount of its 5.95% Senior Notes due 2024. The notes are unsecured, senior obligations of Kinross and are wholly and unconditionally guaranteed by certain of Kinross' wholly-owned subsidiaries that are also guarantors under Kinross' senior unsecured credit agreement. Kinross intends to use the net proceeds to repay a portion of its term loan, which is due August 2017.
Kinross' Employees Strike at Maricunga Mine - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Mar 06, 2:30PM CST
Kinross' unionized employees at the Maricunga mine in Chile have initiated a strike.
Unionized Employees Strike at Maricunga Mine
Marketwire - Wed Mar 05, 4:16PM CST
Unionized employees at Kinross Gold Corporation's (TSX: K)(NYSE: KGC) Maricunga mine in Chile's Region III have initiated strike action following the failure to reach agreement on a new collective agreement at the mine. Mining operations at Maricunga have been suspended, while the heap leach facility and processing plant remain in operation in order to meet environmental compliance obligations. Kinross is unable at this time to predict when striking employees may return to work, or what the production impact may be, but will update the market as appropriate. The Maricunga mine produced approximately 188,000 gold equivalent ounces in 2013.
Outlook Improving for Gold and Miners
Varun Chandan, Arora, The Motley Fool - Motley Fool - Wed Mar 05, 9:18AM CST
On Monday, gold prices struck a four-month high of $1,354.80 an ounce as tensions in Ukraine escalated. Prices eased on Tuesday, falling more than 1%, after Russia ordered its troops to return to their permanent bases. With tensions in Ukraine...
Monday's Top Upgrades (and Downgrades)
Rich Smith, The Motley Fool - Motley Fool - Mon Mar 03, 1:00PM CST
This series, brought to you by Yahoo! Finance, looks at which upgrades and downgrades make sense and which ones investors should act on. Today, we'll be focusing on gold mining stocks, as investment banker Raymond James introduces digs into the...
Kinross Prices $500 Million Debt Securities - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Mar 03, 12:20PM CST
Kinross has announced the pricing of unsecured 10-year debt securities worth $500 million.
Will Endeavour Silver Corp Go Shopping in 2014?
Vladimir Zernov, The Motley Fool - Motley Fool - Mon Mar 03, 8:37AM CST
As silver prices have stabilized in 2014, shares of Endeavour Silver have responded accordingly, 42% year to date. The company stated that its target is to become a senior silver producer, which means that its silver production must exceed 10...
Tough Times in the Gold Sector: Will 2014 Be Better for Gold Miners?
Louie Grint, The Motley Fool - Motley Fool - Sat Mar 01, 12:20PM CST
Unfortunately for miners, gold prices at $1,900 per ounce are history. Big drivers for gold prices such as the weak dollar, concerns over Europe's financial problems, China's reduced economic growth numbers, and quantitative easing are either...
Kinross Announces US$500 Million Unsecured 10-Year Debt Offering
Marketwire - Thu Feb 27, 4:01PM CST
Kinross Gold Corporation (TSX: K)(NYSE: KGC) ("Kinross") announced today that it has priced an offering of debt securities consisting of US$500 million principal amount of its 5.95% Senior Notes, due 2024. The notes will be unsecured, senior obligations of Kinross and will be wholly and unconditionally guaranteed by certain of Kinross' wholly-owned subsidiaries that are also guarantors under Kinross' senior unsecured credit agreement. The offering is expected to close on March 6, 2014. Kinross intends to use the net proceeds to repay a portion of its term loan, which is due August 2017.
Gold Prices Turn Green as Consumer Confidence Slides
at The Street - Tue Feb 25, 9:31AM CST
Gold prices gain as consumer confidence weakens and fails to meet economists' forecasts.
High Costs Put Pressure on This Gold Miner
Vladimir Zernov, The Motley Fool - Motley Fool - Tue Feb 25, 8:15AM CST
Despite the recent rise in gold prices, cost performance continues to be extremely important for gold miners. Miners with lower costs tend to outperform those who struggle on the costs side. However, it is not that easy to cut costs if you are a...
Upgrade Alert for Kinross Gold (KGC)
Comtex SmarTrend(R) - Tue Feb 25, 7:04AM CST
Kinross Gold (NYSE:KGC) was upgraded from Hold to Buy at Canaccord Genuity today. The stock closed yesterday at $5.28 on volume of 6.8 million shares, below average daily volume of 10.5 million. Kinross Gold has overhead space with shares priced $5.27, or 3.8% below the average consensus analyst price target of $5.48. The stock should find initial support at its 200-day moving average (MA) of $5.10 and further support at its 50-day MA of $4.66.
