Kinross Gold Corporation
KGC · NYSE · producer · market cap $39.1B as of 24 Aug 2026
What Kinross Gold Corporation's own filings say about its costs, margins and results, every figure cited.
Kinross Gold Corporation share price
- Latest AISC$1,821/ozRank 15 of 35release
- Margin at today's spot
- Gold produced, attributable492,326source
- EV per oz of P&P reserves
- Next report4 Novprior report
Today's spot price minus the latest reported mining cost. Reporting periods vary. This is an illustrative spread, not reported profit. Methodology
Company-reported data · Fixed cohorts · No estimated costs
How to read these figures
- Primary sources: every figure is the company's own, cited to the release or filing it came from.
- Fixed cohorts: the companies in each median are set for the calendar year, so a median never moves because membership moved.
- No modelled costs: no cost or margin here is estimated by us; where a company states no figure, the page says so.
About Kinross Gold Corporation
Kinross Gold's gold production and exploration activities are carried out principally in Canada, the United States, Brazil, Chile, Mauritania and Finland. As of December 31, 2025, Kinross also held a 100% interest in the Fort Knox mine in Alaska, a 70% interest in the Manh Choh mine in Alaska, and 100% interests in the Round Mountain and Bald Mountain mines in Nevada and the La Coipa mine in Chile. The company also held a 100% interest in the Lobo-Marte project and the Maricunga property in Chile, the Curlew project in Washington and the Great Bear project in Ontario, Canada. Kinross' total gold equivalent production in 2025 was 2,069,910 ounces, derived from its mines in the Americas (76%) and Mauritania (24%). The gold equivalent figures include silver converted using the average spot market prices of gold and silver, at a ratio of 86.29:1 in 2025.
Costs and margins
- Price, quarter average
- $4,512/toz
- AISC
- $1,821/oz
- Margin
- $2,691/oz
- Margin, % of price
- 59.6%
Latest AISC $1,821 per troy ounce. Gold miners: median AISC $1,926 per troy ounce, Q2 2026, 35 reporters. 15 lowest of 35 gold miners reporting Q2 2026.
| Category | Gold price (quarterly average) | All-in sustaining cost (AISC) |
|---|---|---|
| Q3 2025 | $3,459 | $1,622 |
| Q4 2025 | $4,152 | $1,825 |
| Q1 2026 | $4,876 | $1,732 |
| Q2 2026 | $4,512 | $1,821 |
| Category | Gold price (quarterly average) | All-in sustaining cost (AISC) |
|---|---|---|
| Q1 2023 | $1,888 | $1,284 |
| $1,978 | $1,262 | |
| Q3 2023 | $1,929 | $1,264 |
| $2,072 | $1,281 | |
| Q2 2024 | $2,336 | $1,357 |
| $2,480 | $1,332 | |
| Q1 2025 | $2,863 | $1,331 |
| $3,293 | $1,469 | |
| Q3 2025 | $3,459 | $1,622 |
| $4,152 | $1,825 | |
| $4,876 | $1,732 | |
| Q2 2026 | $4,512 | $1,821 |
| Category | Gold price (quarterly average) | All-in sustaining cost (AISC) |
|---|---|---|
| Q2 2020 | $1,710 | $971 |
| $1,912 | $934 | |
| $1,798 | $953 | |
| Q2 2021 | $1,815 | $1,048 |
| $1,789 | $1,205 | |
| $1,873 | $1,241 | |
| Q2 2022 | $1,874 | $1,335 |
| $1,888 | $1,284 | |
| $1,978 | $1,262 | |
| Q3 2023 | $1,929 | $1,264 |
| $2,072 | $1,281 | |
| $2,336 | $1,357 | |
| Q3 2024 | $2,480 | $1,332 |
| $2,863 | $1,331 | |
| $3,293 | $1,469 | |
| Q3 2025 | $3,459 | $1,622 |
| $4,152 | $1,825 | |
| $4,876 | $1,732 | |
| Q2 2026 | $4,512 | $1,821 |
All-in sustaining cost (AISC) and the average gold price by quarter, newest first, US$ per ounce; every row cites the company's own release.
| Quarter | Price avg | AISC | Margin | Margin % | Source |
|---|---|---|---|---|---|
| Q2 2026 | $4,512 | $1,821 | $2,691 | 59.6% | release |
| Q1 2026 | $4,876 | $1,732 | $3,144 | 64.5% | release |
| Q4 2025 | $4,152 | $1,825 | $2,327 | 56.0% | release |
| Q3 2025 | $3,459 | $1,622 | $1,837 | 53.1% | release |
| Q2 2025 | $3,293 | $1,469 | $1,824 | 55.4% | release |
| Q1 2025 | $2,863 | $1,331 | $1,532 | 53.5% | release |
| Q3 2024 | $2,480 | $1,332 | $1,148 | 46.3% | release |
| Q2 2024 | $2,336 | $1,357 | $979 | 41.9% | release |
| Q1 2024 | $2,072 | $1,281 | $791 | 38.2% | release |
| Q3 2023 | $1,929 | $1,264 | $665 | 34.5% | release |
| Q2 2023 | $1,978 | $1,262 | $716 | 36.2% | release |
| Q1 2023 | $1,888 | $1,284 | $604 | 32.0% | release |
| Q2 2022 | $1,874 | $1,335 | $539 | 28.8% | release |
| Q1 2022 | $1,873 | $1,241 | $632 | 33.7% | release |
| Q3 2021 | $1,789 | $1,205 | $584 | 32.6% | release |
| Q2 2021 | $1,815 | $1,048 | $767 | 42.3% | release |
| Q1 2021 | $1,798 | $953 | $845 | 47.0% | release |
| Q3 2020 | $1,912 | $934 | $978 | 51.2% | release |
| Q2 2020 | $1,710 | $971 | $739 | 43.2% | release |
Its panel on the Miner Margins page carries the cohort it sits in and the basis notes.
Production and guidance
Q2 2026, as reported
- Gold produced, attributable
- 492,326 Au eq. oz
- Prior-quarter gold production
- 492,563 Au eq. oz
More ways to compare Kinross Gold Corporation
- Reported AISC
- Rank 15 of 35View comparable rankings
- Proven and probable gold reserves
- Rank 6 of 13View comparable rankings
Kinross Gold's mines and operations
| Ownership | Jurisdiction | Status | Source | |
|---|---|---|---|---|
| Paracatu | Not available | Not available | Not available | 40-F (filed 26 Mar 2026); fiscal year 2025 |
| Tasiast | wholly owned | Mauritania | Not available | 40-F (filed 26 Mar 2026); fiscal year 2025 |
| Fort Knox | wholly-owned | Alaska | Not available | 40-F (filed 26 Mar 2026); fiscal year 2025 |
| Manh Choh | 70% | Alaska | Not available | 40-F (filed 26 Mar 2026); fiscal year 2025 |
| Round Mountain | wholly-owned | Nevada | Not available | 40-F (filed 26 Mar 2026); fiscal year 2025 |
| Bald Mountain | 100% | Nevada | Not available | 40-F (filed 26 Mar 2026); fiscal year 2025 |
| La Coipa | Not available | Chile's Region 3 (Atacama) | Not available | 40-F (filed 26 Mar 2026); fiscal year 2025 |
| Maricunga | Not available | Not available | Care and maintenance | 40-F (filed 26 Mar 2026); fiscal year 2025 |
| Lobo-Marte | 100% | Atacama Region of Northern Chile | Not available | 40-F (filed 26 Mar 2026); fiscal year 2025 |
| Great Bear | 100% | Red Lake mining district of Ontario, Canada | Not available | 40-F (filed 26 Mar 2026); fiscal year 2025 |
| Curlew | Not available | Not available | Not available | 40-F (filed 26 Mar 2026); fiscal year 2025 |
Financials, as filed
Key financials
- Revenue
- $7.1B
- Net income
- $2.4B
- Operating cash flow
- $3.8B
- Capital expenditure
- $1.2B
- Cash and equivalents
- $1.7B
- Debt
- $738.2M
- EPS (diluted)
- $1.95
Rounded from the figures as filed; the exact figures, concepts and filings are below.
Figures as filed, with concept, provenance and filing
| Measure | Period | Value | Provenance | Filing |
|---|---|---|---|---|
| Revenue ifrs-full:RevenueFromContractsWithCustomers | FY 2025 | $7,051,100,000 | SEC XBRL, as filed | 40-F · 26 Mar 2026 |
| Net income ifrs-full:ProfitLossAttributableToOwnersOfParent | FY 2025 | $2,390,100,000 | SEC XBRL, as filed | 40-F · 26 Mar 2026 |
| EPS (basic) ifrs-full:BasicEarningsLossPerShare | FY 2025 | $1.96 | SEC XBRL, as filed | 40-F · 26 Mar 2026 |
| EPS (diluted) ifrs-full:DilutedEarningsLossPerShare | FY 2025 | $1.95 | SEC XBRL, as filed | 40-F · 26 Mar 2026 |
| Operating cash flow ifrs-full:CashFlowsFromUsedInOperatingActivities | FY 2025 | $3,760,500,000 | SEC XBRL, as filed | 40-F · 26 Mar 2026 |
| Capital expenditure ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities | FY 2025 | $1,194,200,000 | SEC XBRL, as filed | 40-F · 26 Mar 2026 |
| Cash and equivalents ifrs-full:CashAndCashEquivalents | FY 2025 | $1,742,300,000 | SEC XBRL, as filed | 40-F · 26 Mar 2026 |
| Debt ifrs-full:Borrowings | FY 2025 | $738,200,000 | SEC XBRL, as filed | 40-F · 26 Mar 2026 |
| Shares outstanding dei:EntityCommonStockSharesOutstanding | FY 2025 | 1,199,843,037 | SEC XBRL, as filed | 40-F · 26 Mar 2026 |
| Dividends paid ifrs-full:DividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities | FY 2025 | $152,100,000 | SEC XBRL, as filed | 40-F · 26 Mar 2026 |
Annual figures only: this company files no quarterly XBRL with the SEC.
Seven-year statement history
Each fiscal year as the company first filed it with the SEC, in the currency it filed, never converted.
- A dash means the SEC filings carry no figure for that year. It is never zero.
- * The figure as first filed; restated in a later filing.
Reserves and resources
Year-end 2025, million ounces, gold basis, as the company states it. Reserves and resources are separate classes and are never added together.
| Proven and probable | Proven | Probable | Measured and indicated | Inferred | Source |
|---|---|---|---|---|---|
| 20.9 Moz | 5.9 Moz | 15.0 Moz | 27.5 Moz exclusive of reserves | 16.6 Moz | source |
Filings
| Date | Source |
|---|---|
| 6 Aug 2026 | 6-K(6 Aug 2026) |
| 29 Jul 2026 | 6-K(29 Jul 2026) |
| 29 Jul 2026 | 6-K(29 Jul 2026) |
| 29 Jul 2026 | 6-K(29 Jul 2026) |
| 29 Jul 2026 | 6-K(29 Jul 2026) |
| 2 Jul 2026 | 6-K(2 Jul 2026) |
How to read this page
Costs are the company's own consolidated all-in sustaining cost (gold, silver) or C1 cash cost (copper), as stated, on the basis the company states; the reference price is the quarter's average from World Bank Commodity Price Data (CC BY 4.0); the margin is that price less the stated cost, a production-cost spread and not company net profit; financials are as filed in the filing currency, never converted; report dates are confirmed from the company's notice or estimated from its own past pattern and say which. The full methodology is on the Miner Margins page.