Kinross cuts 2026-27 output outlook after extreme weather disrupts La Coipa operations

Bitget2026/09/23 21:00

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Kinross cut 2026-2027 production expectations to 1.84-1.86 million Au eq. oz. per year, 2%-3% below prior guidance.
La Coipa faced unprecedented winter weather in Q3, disrupting mining and milling, lowering mining rates, mill throughput, recoveries.
Round Mountain Phase S saw lower mining rates, grades, recoveries, deferring higher-grade ore, reducing output expectations for both years.
Revised 2026 cost outlook: production cost of sales USD 1,420-1,460 per Au eq. oz.; AISC USD 1,850-1,900 per Au eq. oz.
Third-quarter attributable production expected near 425,000 Au eq. oz.; return-of-capital target raised to 50% of 2026 free cash flow.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kinross Gold Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609231700PRIMZONEFULLFEED9832866) on September 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Kinross cuts 2026-27 output outlook after extreme weather disrupts La Coipa operations

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