Kinross Gold Corporation

Notable vs. Peers

• Jurisdiction risk score of 6/10 is meaningfully riskier than the peer average of 7.8/10.

Lifecycle Milestones

1. Permit granted

   Reached — date not disclosed · Multi-mine, multi-country producer with mines permitted independently over years/decades; no single company-wide permit date exists. Row presence documents that current producing mines are, by definition, permitted. · Source
2. Construction decision (FID)

   Reached — date not disclosed · Same multi-mine caveat as PERMIT_GRANTED -- no single company-wide construction-decision date represents a multi-asset portfolio built up over years. · Source
3. Construction start

   Jan 2023 · Approximate -- anchored to Great Bear's Advanced Exploration construction (Red Lake district, Ontario), ~93% complete as of Jul 2026 per Kinross's own reporting -- the most recent, best-documented major build in the current portfolio. · Source
4. First pour / production

   Reached — date not disclosed · Row presence confirms current production status (Q2 2026 attributable production of 492,326 Au eq. oz, per Kinross's own results release) -- Tasiast/Paracatu/Round Mountain have each produced for years; no single company-wide first-production date is meaningful. · Source
5. Commercial production

   Reached — date not disclosed · Genuinely reached, but no single company-wide commercial-production date exists across a multi-mine global portfolio (Tasiast in Mauritania, Paracatu in Brazil, Fort Knox and Round Mountain and Bald Mountain in the US, La Coipa in Chile) built over decades. Q2 2026 results (released 2026-07-29) reported 492,326 gold-equivalent oz produced, with Tasiast (133,311 oz) and Paracatu (158,000 oz) together accounting for over half of output. Note: Miner.country reads Mauritania (Tasiast is the company's largest single mine there), but this is a multi-country operator headquartered in Canada, not Mauritania-only. This row was missing entirely prior to 2026-08-21 -- a genuine data gap, not a stage error; Miner.stage was already correctly PRODUCTION. · Source

Milestones are recorded only from a company's own dated disclosure. A milestone with no date shown is one we can confirm was reached but for which no date was disclosed — we don't estimate one. "Not yet reached" means exactly that, not that a date is missing. An "Expected" line likewise only ever reflects the company's own guidance (e.g. a study or permit decision targeted for a stated quarter) — most not-yet-reached milestones have none, and that absence means no such guidance has been disclosed, not that one is overdue.

A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal the underlying research identifies — whether a major already holds a JV, earn-in, or 5–19.9% strategic stake — isn't tracked yet and is absent from this score.