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Kinross upgraded to ‘BBB’ Rating by S&P Global Ratings
GlobeNewswire Inc.·
Kinross Gold Corporation announced an upgrade of its long-term issuer credit rating from 'BBB-' to 'BBB' by S&P Global Ratings with a stable outlook. The upgrade reflects the company's improved credit measures, strong net cash position of $1.9 billion, total liquidity of $4.4 billion, and disciplined cost management. Kinross has returned $1.4 billion to shareholders since January 2025 and maintains a competitive cost profile with a pipeline of projects supporting steady production.
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