Kinross provides operational and return of capital update

(All dollar amounts are expressed in U.S. dollars, unless otherwise noted.)

TORONTO, Sept. 23, 2026 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX: K; NYSE: KGC) (“Kinross” or the “Company”) today provided an operational, guidance and return of capital update. The Company now expects full-year 2026 and 2027 attributable production to be 2% to 3% below the low end of the previously disclosed guidance, with approximately 1.84 to 1.86 million gold equivalent ounces (“Au eq. oz.”) expected per year. The change to the Company’s 2026 guidance is concentrated at two smaller assets, La Coipa and Round Mountain, and is the result of extreme weather and operational challenges. The balance of the portfolio continues to perform well, led by Paracatu and Tasiast, the Company’s two largest, lowest-cost operations. Kinross expects third-quarter 2026 attributable production of approximately 425,000 Au eq. oz¹.