- Kinross has divested all of its Russian interests.
- Kinross' pro-forma portfolio outlook for 2022 is unchanged.
- Kinross' metal sales amounted to US$ 768 million in Q1 2022.
Kinross Gold Corporation (TSX:K) said on June 15 that it has completed selling its Russian assets for US$ 340 million in cash. The gold exploring company said in a statement that it has received US$ 300 million in its corporate account and will get another US$ 40 million deferred payment in June 2023.