Kinross Gold to Proceed With Construction of Three New US Projects

MT Newswires Live

01/15

Kinross Gold (KGC) said Thursday that it will proceed with the construction of its Kettle River-Curlew project in Washington, and the Round Mountain Phase X and Bald Mountain Redbird 2 projects in Nevada.

Capital expenditures related to the projects' development in 2026 are estimated at $425 million, which the company said it plans to fund from operating cash flows.

The projects are expected to deliver three million Au-equivalent ounces of life-of-mine production to the company's US portfolio, extend mine lives of Nevada operations into the 2030s, and improve long-term costs in the US, Kinross Gold added.

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