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Kinross Gold Corporation (NYSE:KGC) Q4 2025 Earnings Call Transcript
Kinross Gold reported strong Q4 and full-year 2025 results, reaffirming its stable multiyear production profile of 2 million ounces through 2028. The company achieved record free cash flow, strengthened its balance sheet with $1 billion net cash, and is increasing capital returns to shareholders, targeting 40% of free cash flow in 2026 primarily through share repurchases. Kinross is also advancing several high-quality projects, including three U.S. projects expected to come online in 2028, and is making progress on the Great Bear and Lobo Marte development projects.