Record Cash Flow for Kinross Gold: How They Did It & What's Next

How did Kinross Gold achieve a 123% share price increase in just one year? Kitco’s Senior Mining Editor and Anchor Paul Harris interviews Paul Rollinson, CEO of Kinross Gold, at the 2025 BMO Global Metals, Mining & Critical Minerals Conference. Rollinson discusses how Kinross Gold achieved a strong 2024 with 2 million ounces of production, record free cash flow, and a surging share price. Rollinson shares their strategy of meeting production guidance and holding the line on costs, leading to significant margin expansion. Looking ahead, he highlights their robust growth pipeline, including the Great Bear project, and the potential for future return of capital to shareholders after a strong balance sheet is maintained. Key points: Kinross Gold had a very successful 2024 with high production and cash flow. Their strategy focuses on strong technical acumen, meeting production targets, and cost management. Debt has been significantly repaid, including the term loan for the Great Bear acquisition. Kinross is prioritizing internal growth projects like Great Bear while also considering shareholder returns. The company sees potential for reactivating share buybacks in the future. Special thanks to our sponsor, First Majestic, for making this coverage possible. Visit https://www.firstmajestic.com/ to learn more. 00:00 Introduction: Kinross Gold's Stellar 2024 Performance 01:23 Cost Management and Margin Expansion 04:57 Gold Reserve Prices and Market Strategy 06:20 Debt Repayment and Balance Sheet Health 09:32 Capital Allocation and Growth Projects 13:10 Mergers and Acquisitions Insights 17:31 Future Goals and Milestones #mining #gold #investing #markets __________________________________________________________________ Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices. Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.com Stay connected with us X - https://x.com/KitcoMining Instagram -   / kitcomining   LinkedIn -   / kitco-mining   Facebook -   / kitcomining   Connect with the Kitco Mining anchors Paul Harris - https://x.com/paulharrisgold For more in-depth mining coverage, visit us here - https://www.kitco.com/mining Disclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.