Kinross Gold Corporation announced that it has entered into an amended revolving credit facility which includes an increase of available credit to $450 million, on an unsecured basis, from $404 million under its previous secured facility. The new facility will expire in November of 2012. The term loan for the Paracatu property forms part of the revolving credit facility, and that credit will be available to the company as the term loan is repaid. The new credit agreement was led and arranged by Scotia Capital and by Bank of America Merrill Lynch.

Kinross Gold Corporation reported unaudited consolidated earnings results for the third quarter and first nine months ended September 30, 2009. For the quarter, the company reported adjusted net earnings of $1.7 million or $0.00 per share against $83.4 million or $0.13 per share last year. Cash flow before changes in working capital was $203.0 million against $183.2 million last year. Cash flow before changes in working capital per share was $0.29 against $0.29 last year. Exploration and business development expense was $22.2 million, with expensed exploration at $17.3 million and capitalized exploration at $4.8 million. For the nine months, the company reported adjusted net earnings of $156.3 million or $0.23 per share against $187.0 million or $0.30 per share last year. Cash flow before changes in working capital was $645.0 million against $393.1 million last year. Cash flow before changes in working capital per share was $0.93 against $0.64 last year. Asset purchases-net of cash acquired was $41.4 million.

Kinross Gold Corporation reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported revenue of $582.3 million compared to $503.7 million for the same period last year. Operating earnings were $124.6 million compared to $136.7 million for the same period last year. Earnings before taxes and other items was $89.1 million compared to $107.1 million for the same period last year. net loss was $21.5 million or $0.03 basic and diluted per share compared to $64.7 million or $0.10 basic and diluted per share for the same period last year. Cash flow provided from operating activities was $141.9 million compared to cash used for operating activities of $206.0 million for the same period last year. The company reported additions to property, plant and equipment was $140.5 million compared to $194.1 million for the same period last year. For the nine months, the company reported revenue of $1,713.1 million compared to $1,132.6 million for the same period last year. Operating earnings were $419.7 million compared to $293.3 million for the same period last year. Earnings before taxes and other items was $301.2 million compared to $257.1 million for the same period last year. Net earnings were $74.3 million or $0.11 basic and diluted per share compared to $161.6 million or $0.26 basic and diluted per share for the same period last year. Cash flow provided from operating activities was $479.1 million compared to cash used for operating activities of $242.6 million for the same period last year. The company reported additions to property, plant and equipment was $343.7 million compared to $569.1 million for the same period last year.