Kinross - M&A Summary and Business Overview

Metals/miningCompany

Kinross M&A Summary

Kinross has acquired 5 companies, including 2 in the last 5 years. It has also divested 4 assets.

Kinross’ largest acquisition to date was in 2010, when it acquired Red Back Mining for $7.1B. It’s largest disclosed sale occurred in 2022, when it sold Kinross Gold - Russian assets to Highland Gold Mining for $680M. Kinross has acquired in 1 US state, and 4 countries. The Company’s most targeted sectors include metals/mining (100%).

Kinross Business Overview

Where is Kinross headquartered?

Kinross is headquartered in Toronto, Ontario.

What is Kinross’ revenue?

Kinross disclosed revenue of 3,455M USD for 2022 and 3,729M USD for 2021.

How many employees does Kinross have?

Kinross has 8,447 employees.

What sector is Kinross in?

Kinross is a metals/mining company.

When was Kinross founded?

Kinross was founded in 1993.

M&A Summary

  • M&A Total Activity9
    • M&A Buy Activity5
    • M&A Sell Activity4
  • Total Sectors Invested 1
  • Total Countries Invested 4
  • M&A Buy/Sell Connections 5
  • M&A Advisors 7

Kinross

Kinross Gold Corp.

25 York Street 17th Floor,
Toronto, Ontario M5J 2V5
Canada,
(416) 365-5123
www.kinross.com

Kinross is a Canadian gold mining company with mines and projects in Canada, the United States, Brazil, Chile, Ecuador and Russia. The Company was formed in 1972 and employs approximately 5,500 people worldwide. Kinross Gold was founded in 1993 and is based in Toronto, Canada.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.4/yr) # 3 1 1 - - - 5
vol $8.0B $94M $1.4B $9.5B
Sell (0.2/yr) # 3 - - 1 - - 4
vol $240M $680M $920M
  9

Most Recent M&A

Company Date Value Type
Kinross Gold - Russian assets 2022-04-05 680M USD Divestiture
, Russia
Great Bear Resources Ltd. 2021-12-08 1.4B CAD Add-on Acquisition
Vancouver, British Columbia · www.greatbearresources.ca
Peak Gold Project 2020-09-30 94M USD Divestiture
, Alaska
Aurelian Resources Inc. 2014-10-21 240M USD Divestiture
Toronto, Ontario
Red Back Mining Inc. 2010-08-02 7.1B USD Merger
Vancouver, British Columbia
Aurelian Resources Inc. 2008-07-24 912M CAD Add-on Acquisition
Toronto, Ontario
Kinross Gold Corp. - Porcupine Gold Mines 2007-09-25 - Stake Sale
, Ontario
Kinross Gold Corp. - Musselwhite Gold Mine 2007-09-25 - Stake Sale
, Ontario
Goldcorp, Inc. - La Coipa silver-gold mine 2007-09-25 - Stake Purchase
, Chile
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Metals/Mining 5 (100%) 9.5B (100%) 4 (100%) 920M (100%)
Total 5 $9.5B 4 $920M

By Geo

State/Country Buy Value Sell Value
Canada 2 8.5B 2 -
  British Columbia 2 8.5B - -
  Ontario - - 2 -
Australia 1 912M 1 240M
  Ontario 1 912M 1 240M
Chile 1 - - -
Russia - - 1 680M
United States 1 94M - -
  Alaska 1 94M - -
Domestic 2 (40%) 8.5B (89%) 2 (50%) -
Cross-border 3 (60%) 1.0B (11%) 2 (50%) 920M (100%)
Total 5 $9.5B 4 $920M

Top M&A Advisors

Financial Deals
BMO Capital Markets
 1
CIBC Capital Markets
 1
Rothschild Global Advisory
 1
Legal Deals
Osler
 3
Davis Graham & Stubbs
 1

Deal Values

buy # Total
> $1B 2 $8.5B
$100M to $1B 1 $912M
< $100M 1 $94M
TOTAL $9.5B
Largest Red Back Mining Inc.
$7.1B (2010-08-02)
sell # Total
$100M to $1B 2 $920M
TOTAL $920M
Largest Kinross Gold - Russian assets
$680M (2022-04-05)

M&A Connections

Deals
Acquired from
Strategic(s)
40%
2 (40%)
Divested to
Strategic(s)
100%
4 (100%)

Company Summary

SECTOR

Metals/Mining

Revenue

3,455   8% 2022
3,729   12% 2021
4,213   21% 2020
3,497   9% 2019
3,213   3% 2018
3,303   5% 2017
3,472   14% 2016
3,052   12% 2015
3,466   2014
(millions of USD) Show More Show Less

Employees

8,447

Established

1993

Public

NYSE: KGC

 Subscribe to unlock this and 201,649
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.5K Private Equity Firms
  • 193K M&A Transactions
  • 197K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 75K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for Kinross

Ontario Companies , Metals/Mining Companies , Canada Companies , Ontario Metals/Mining Companies , Ontario Metals/Mining with Acquisitions , Ontario Metals/Mining with Divestitures

Related Lists for Ontario Companies

Largest Ontario Companies , Acquisitive Ontario Companies , Recently Acquired Ontario Companies , Recently Sold Ontario Companies , Private Ontario Companies , Public Ontario Companies , Acquired Ontario Companies , PE Backed Ontario Companies

Related Lists for Metals/Mining Companies

Largest Metals/Mining Companies , Acquisitive Metals/Mining Companies , Recently Acquired Metals/Mining Companies , Recently Sold Metals/Mining Companies , Private Metals/Mining Companies , Public Metals/Mining Companies , Acquired Metals/Mining Companies , PE Backed Metals/Mining Companies

Related Lists for Canada Companies

Largest Canada Companies , Acquisitive Canada Companies , Recently Acquired Canada Companies , Recently Sold Canada Companies , Private Canada Companies , Public Canada Companies , Acquired Canada Companies , PE Backed Canada Companies
Mergr

Product

Company

Legal