Kinross to Announce 2015 Q4/Full-Year Results and 2016 Guidance on February 10, 2016
January 07, 2016
Company Provides 2016 Quarterly Reporting Schedule
TORONTO, ON -- (Marketwired) -- 01/07/16 -- Kinross Gold Corporation [KGC] will release its fourth quarter and 2015 full-year financial statements and operating results on Wednesday, February 10, 2016, after market close. The 2015 Q4 and full-year release will also include the Company's full-year guidance for 2016 and its mineral reserve and mineral resource statement as of December 31, 2015. Kinross will hold a conference call and audio webcast on Thursday, February 11, 2016 at 8 a.m. ET to discuss the results, followed by a question-and-answer session.(here).
Kinross Gold Corporation (NYSE:KGC) is a senior gold mining company. The Company is engaged in gold mining and related activities, including exploration and acquisition of gold-bearing properties, the extraction and processing of gold-containing ore, and reclamation of gold mining properties. The Company's segments include Fort Knox, Round Mountain, Kettle River-Buckhorn, Kupol, Paracatu, Maricunga, Tasiast and Chirano. Its gold production and exploration activities are carried out principally in Canada, the United States, the Russian Federation, Brazil, Chile, Ghana and Mauritania. Its gold is produced in the form of dore, which is shipped to refineries for final processing. It also produces and sells silver.
Kinross may be adversely affected by global financial conditions.
The volatility and challenges that economies are experiencing around the world continues to affect the profitability and liquidity of businesses in most industries, which in turn has resulted in the following conditions that may have an effect on the profitability and cash flows of the Company:
- Volatility in commodity prices and foreign exchange rates;
- Tightening of credit markets;
- Increased counterparty risk; and
- Volatility in the prices of publicly traded entities.
The volatility in commodity prices and foreign exchange
