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Kinross Gold Corporation: Update to credit analysis

Our credit view of this issuer reflects its low financial leverage and conservative financial policies, against its concentration of cash flow from two sites.

Moody's Ratings affirms Kinross' Baa3, maintains stable outlook

Moody's Ratings (Moody's) affirmed Kinross Gold Corporation's (Kinross) senior unsecured notes rating at Baa3. The outlook remains stable. "The affirmation reflects our view that Kinross will maintain production at about 2 million ounces per year, its current operating cost per ounce,  and low lev...

Kinross Gold Corporation: Update to credit analysis

Our credit view of this issuer reflects its low financial leverage and conservative financial policies, offset by its concentration of cash flow from two sites in 2022.

Kinross Gold Corporation: Update to credit analysis

Our credit view of this issuer reflects its large scale and conservative financial policies, offset by a cost profile higher than peers and geopolitical risk within its portfolio of assets.

Moody's revises Kinross' outlook to stable from positive; affirms Baa3...

Rating Action: Moody's revises Kinross' outlook to stable from positive; affirms Baa3 rating. Global Credit Research- 04 Mar 2022. Toronto, March 04, 2022-- Moody's Investors Service revised the rating outlook for Kinross Gold Corporation, to stable from positive.

Moody's says Kinross' acquisition of Great Bear Resources Ltd. is cred...

Announcement: Moody's says Kinross' acquisition of Great Bear Resources Ltd. is credit negative. Global Credit Research- 09 Dec 2021. Toronto, December 09, 2021-- Moody's Investors Service, commented that Kinross Gold Corporation's announcement that it entered into an agreement with Great Bear Resources Ltd. to acquire all of the issued and outstanding shares the company for an upfront payment of approximately $1.4 billion to be paid with cash and shares is credit negative.

Kinross Gold Corporation: Kinross's acquisition of Great Bear Resource...

Kinross' acquisition of Great Bear Resources is negative because it will increase leverage, reduce liquidity and introduces potential project execution risk, but does not affect its rating.

Moody's announces completion of a periodic review of ratings of Kinros...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Kinross Gold Corporation. Global Credit Research- 27 Jul 2021. Toronto, July 27, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Kinross Gold Corporation and other ratings that are associated with the same analytical unit.

Kinross Gold Corporation: Update following outlook change to positive

Our credit view of Kinross Gold, reflecting its low financial leverage and very good liquidity and its lower-risk brownfield development pipeline.

Moody's revised Kinross' outlook to positive from stable; affirms Baa3...

Rating Action: Moody's revised Kinross' outlook to positive from stable; affirms Baa3 rating. Global Credit Research- 11 Mar 2021. Toronto, March 11, 2021-- Moody's Investors Service, revised the rating outlook for Kinross Gold Corporation to positive from stable.

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