Kinross to suspend Russian operations

Kinross Gold Corporation (TSX:K; NYSE:KGC) ("Kinross" and the "Company") is deeply concerned about the loss of life and destruction in Ukraine and wishes to express its sympathy and support for the people who are suffering because of this tragic situation.

The Company today is announcing a donation of $1,000,000 to the Canadian Red Cross Ukraine Humanitarian Crisis Appeal to assist those people most in need. Kinross is hopeful for a peaceful and diplomatic solution in Ukraine.

The Company is suspending all activities at its Udinsk development project. The Company is also in the process of suspending operations at its Kupol mine, with the focus on the safety and well-being of its more than 2,000 employees and in recognition of its obligations to manage and mitigate the mine's environmental impact on an ongoing basis.

The Company intends to adhere to all sanctions and legal restrictions that have, or will be, announced by relevant governments.

About Kinross Gold Corporation

Kinross is a Canadian-based senior gold mining company with mines and projects in the United States, Brazil, Russia, Mauritania, Chile, Ghana and Canada. Our focus is on delivering value based on the core principles of operational excellence, balance sheet strength, disciplined growth and responsible mining. Kinross maintains listings on the Toronto Stock Exchange (symbol:K) and the New York Stock Exchange (symbol:KGC).

Media Contact
Louie Diaz
Vice-President, Corporate Communications
phone: 416-369-6469
louie.diaz@kinross.com

Investor Relations Contact
Chris Lichtenheldt
Vice-President, Investor Relations
phone: 416-365-2761
chris.lichtenheldt@kinross.com

Source: Kinross Gold Corporation


Primary Logo

News Provided by GlobeNewswire via QuoteMedia

K:CA,KGC
The Conversation (0)
Armory Mining Announces Adoption of Semi-Annual Reporting

Armory Mining Announces Adoption of Semi-Annual Reporting

(TheNewswire) Vancouver, B.C. TheNewswire - April 24, 2026 Armory Mining Corp. (CSE: ARMY) (OTC: RMRYF) (FRA: 2JS) (the "Company" or "Armory") a resource exploration company focused on the discovery and development of minerals critical to the energy, security and defense sectors, is pleased to... Keep Reading...
Gold bars over a background of yellow and orange financial charts.

Gold Repatriation: A Shift in Central Bank Strategy

The gold price has appreciated in value by 290 percent in the past decade on accelerated demand for safe-haven assets.Rising geopolitical conflicts and global economic disruptions are fueling demand for the precious metal. From retail and institutional investors to central banks, gold as a hedge... Keep Reading...
Tom Bradshaw, oil barrel and gold bars.

Tom Bradshaw: Gold to US$9,250, Silver to US$375 by 2028

Independent macro strategist Tom Bradshaw shares his price targets for gold and silver. He expects both precious metals to move much higher than they are currently, although he thinks a recession will drive them lower in the near term before that happens. Don’t forget to follow us @INN_Resource... Keep Reading...
Gold nuggets on black background.

Top 10 Gold-mining Companies

Regardless of how the gold price is doing, the top gold-mining companies are always making moves.Right now, gold is in the limelight — stimulated by increasing global inflation, geopolitical turmoil and economic uncertainty, the gold price is repeatedly setting new highs in 2026, reaching... Keep Reading...

Interactive Chart

Latest Press Releases

Related News