Kinross Gold forecasts 2026 attributable capital expenditures of $1.5 billion, plus or minus 5%
KGC•Kinross Gold forecasts attributable capital expenditures of $1.5 billion, within 5%, annually from 2026 through 2028. It maintains 2026 production guidance of 1.84 million to 1.86 million gold-equivalent ounces and targets shareholder returns of 50% of 2026 free cash flow.
1. Outlook through 2028
Kinross Gold said it remains on track to produce 1.84 million to 1.86 million gold-equivalent ounces in 2026, after nine-month output of 1,409,582 ounces. It forecasts attributable all-in sustaining costs of $1,850 to $1,900 per ounce, compared with $1,827 through September.
2. Spending and returns
The company projects annual attributable capital spending of $1.5 billion, within 5%, from 2026 through 2028. Production guidance is 1.84 million to 1.86 million ounces for 2027 and 2 million ounces, within 5%, for 2028; Kinross targets shareholder returns equal to 50% of 2026 free cash flow. Nine-month attributable free cash flow reached $1.85 billion.
