
David Shaver
Executive Vice-President, Investor Relations and Communications at Kinross Gold (NYSE: KGC).
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APPEARANCES
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PODCASTS
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Oct 11, 2026
Grizzle Hard Money Conference - October 2026: Gold, Silver & Bitcoin
5:09
5:21
5:26
5:32
T
4:59ThomasHOST
What specific operational levers are, are proving most effective at holding the line at unit, on, on unit costs?

David ShaverGUEST
And I think for context, we're already in a favorable relative cost position, supported by our grade enhancement strategy, uh, which we began executing in 2022.

David ShaverGUEST
The strategy started with the restart of La Coipa, followed by the Tasiast mill expansion.

David ShaverGUEST
Both increased the contribution of higher grade, lower cost ounces across the portfolio.

David ShaverGUEST
Manh Choh in Alaska added another meaningful source of grade enhancement in '24, which contributed seven to eight gram per ton material through our Fort Knox mill.
T
9:52ThomasHOST
How does the foundational strength of your cornerstone assets allow Kinross to absorb these localized short-ter- short-term guidance tweaks without derailing the broader business and broader outlook?
Hard Money Conference June 2026: Gold, Silver & Bitcoin
14:17
14:23
20:07

David ShaverGUEST
And on an all-in sustaining cost, when you include capital, that's $1,720 an ounce.

David ShaverGUEST
So, you know, you can just see really strong margins relative to the current gold price.
6 MINS LATER

Thomas GeorgeHOST
How do you think about capital deployment and opportunities like a great bear and, you know, obviously putting capital into the ground uh this is a chunky business right this isn't like you're you're not a widget factory right and so um and then at the same time you know me as an investor i still want to see that free cash flow yield like how do you balance all that um and also buybacks as well uh all buybacks dividends all you give us the kind of recipe of uh of delicately balancing capital deployment with with the metrics i want to see as an investor