Gold miner Kinross going ahead with three organic growth projects in U.S.
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TORONTO – Kinross Gold Corp. says it is going ahead with the construction of three organic growth projects in the U.S. that will cost a total of nearly US$1.4 billion.
The company says the initial capital costs of its Round Mountain Phase X project in Nevada are expected to total US$400 million over four years, while the Bald Mountain Redbird 2 project in the state is expected to cost US$490 million over three years.
The Kettle River-Curlew project in Washington is expected to cost US$485 million over three years.
Kinross says the projects are expected to meaningfully extend mine life and will benefit long-term costs within its U.S. portfolio.
Chief executive Paul Rollinson says the new growth projects are expected to contribute three million ounces of life-of-mine production to its portfolio.
The company says it intends to fund the projects from operating cash flows.
This report by The Canadian Press was first published Jan. 15, 2026.
Companies in this story: (TSX:K)