Financing ·
S&P Global Ratings upgraded Kinross Gold Corporation's long-term issuer credit rating to 'BBB' from 'BBB-', citing…
KGCKinross Gold Corp
S&P Global Ratings upgraded Kinross Gold Corporation's long-term issuer credit rating to 'BBB' from 'BBB-', citing improved credit measures supported by solid cash flow and debt reduction. The company reported a net cash position of $1.9 billion and total liquidity of approximately $4.4 billion as of June 30, 2026. Kinross has returned $1.4 billion to shareholders since January 2025. S&P assigned a stable outlook based on expectations that the company will maintain its strong balance sheet, competitive cost profile, and production pipeline. Kinross is a Canadian-based global senior gold mining company with operations in the United States, Brazil, Mauritania, Chile, and Canada.