Kinross Gold (TSX:K) Is Up 5.6% After Advancing Underground Projects And Completing US$600M Buybacks – Has The Bull Case Changed?
In January 2026, Kinross Gold announced it had advanced construction of its Phase X, Curlew and Redbird 2 projects and completed a US$600 million share repurchase program that reduced its share count by 2.49%. An important nuance is that these higher-grade underground projects aim to use existing infrastructure and lower capital intensity while shifting some resources from lower-grade open pit plans, which could influence how investors think about Kinross Gold’s long-term asset quality and...
In January 2026, Kinross Gold announced it had advanced construction of its Phase X, Curlew and Redbird 2 projects and completed a US$600 million share repurchase program that reduced its share count by 2.49%. An important nuance is that these higher-grade underground projects aim to use existing infrastructure and lower capital intensity while shifting some resources from lower-grade open pit plans, which could influence how investors think about Kinross Gold’s long-term asset quality and...