Kinross Gold Corporation · TSX:K
Kinross Gold — Shareholder Meeting (May 2024)
9 slides from Kinross Gold's shareholder meeting presentation, May 8, 2024
Slide 1: Annual Shareholder Meeting: Strong Fundamentals, Promising Future
Annual Shareholder Meeting May 8th, 2024 Strong Fundamentals Promising Future 1
Slide 2: Cautionary Statement on Forward-Looking Information
Cautionary Statement on Forward-Looking Information All statements, other than statements of historical fact, contained or incorporated by reference in or made in giving this presentation and responses to questions, including but not limited to any information as to the future performance of Kinross
Slide 3: Senior Leadership Team
Senior Leadership Team Paul Rollinson Geoff Gold Chief Executive Officer President Andrea Claude Schimper Freeborough Executive Vice-President Executive Vice-President & Chief Operating Officer & Chief Financial Officer Kathleen Grandy William Dunford Senior Vice-President, Senior Vice-President, Hu
Slide 4: 2023 Performance Highlights
2023 Performance Highlights Produced 2.15 million gold equivalent ounces Robust margins of $1,003/Au eq. oz. sold(1) Generated ~$1.6 billion in operating cash flow(2) Strong Liquidity(3) and Cash Balance Returned ~$150 million to shareholders Significant share price outperformance (1) “Margins” per
Slide 5: High Quality Portfolio of Assets
High Quality Portfolio of Assets Two top tier(1) mines – Tasiast & Paracatu – account for >50% of production Fort Knox, U.S.A. Manh Choh, U.S.A. 2024E Gold Equivalent Production(2) Great Bear, Canada Curlew, U.S.A Bald Mountain, U.S.A. Round Mountain, U.S.A. 71% ~2.1M 29% Tasiast, Mauritania ounces
Slide 6: Q1 2024 Highlights
Q1 2024 Highlights(1) 527,399 oz. gold equivalent Strong production from Tasiast, production Paracatu and La Coipa $982/oz On track to achieve full-year Production cost of sales production guidance of 2.1 Moz(3) (Au eq. oz. sold)(1) $1,310/oz Strengthened our cash and All-in sustaining cost investme
Slide 7: Commitment to Sustainability
Commitment to Sustainability Top Tier ranking in The Globe and Generated $4 billion in economic Mail’s annual corporate governance benefits to host countries globally survey 15 different energy efficiency projects Sustained high levels of local driving CO2 reduction in GHG employment with 99% of wor
Slide 8: Why Kinross?
Why Kinross? Delivering Value Compelling FCF Yield 2024E FCF Yield %(1) Operational Excellence 7.6% 6.1% 5.8% 5.6% Strong Cash Flow 3.9% 3.8% 3.7% 2.5% Strengthening Balance Sheet Nmf(2) Attractive Dividend Strong Share Price Performance Attractive Portfolio Two Top-Tier Assets(3) accounting
Slide 9: Endnotes
Endnotes 1) Kinross’ outlook represents forward-looking information and users are cautioned that actual results may vary. Please refer to the Cautionary Statement on Forward-Looking Information on slide 2 of this presentation. 2) All-in sustaining cost per equivalent ounce sold is a non-GAAP financi