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Company Directory

Company Directory - Kinross Gold Corporation

Company Details - Kinross Gold Corporation

Kinross Gold Corporation Logo

Kinross Gold Corporation

Website

Toronto, Canada

TSX: K, NYSE: KGC 

ISIN: CA49435P1081

Kinross Gold Corporation is a Canadian-based gold mining company that explores for, develops, and mines gold and other minerals. The company operates a number of mines, including the Fort Knox Mine, and is focused on sustainable mining practices and creating shareholder value.

CCI Score

CCI Score: Kinross Gold Corporation

-33.10

0.01%

Latest Event

Kinross Gold Political Influence and Lobbying Practices

OpenSecrets data reveals that Kinross Gold spent $180,000 on lobbying in 2024, with only $1932 in contributions, and exhibits revolving door practices by employing lobbyists with previous government roles. This reliance on political influence raises concerns about its potential role in shaping policies that may undermine democratic accountability.

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TOADIE

Kinross Gold Corporation is currently rated as a Toadie.

-30 to -44 CCI Score
Companies scoring in this range actively seek to please authoritarian regimes. They offer proactive support and assistance in exchange for preferential treatment, compromising ethical standards for business gains and political favor.

Latest Events

  • Kinross Gold Political Influence and Lobbying Practices Logo
    FEB
    06
    2025

    OpenSecrets data reveals that Kinross Gold spent $180,000 on lobbying in 2024, with only $1932 in contributions, and exhibits revolving door practices by employing lobbyists with previous government roles. This reliance on political influence raises concerns about its potential role in shaping policies that may undermine democratic accountability.

  • -35

    Public and Political Behavior

    March 20

    Kinross Gold's reported $180,000 in lobbying spending, contrasted with modest political contributions, coupled with evidence of a revolving door (with lobbyists having held government positions), indicates a strategic effort to influence public policy. Such actions, by leveraging political channels for corporate advantage, align with behaviors that can facilitate authoritarian practices.

    Kinross Gold Profile: Summary - OpenSecrets

  • Kinross Gold Corporation Lobbying Disclosure Q4 2024 Logo
    DEC
    31
    2024

    Kinross Gold Corporation’s U.S. subsidiary disclosed $60,000 in lobbying expenditures during Q4 2024. This political spending to influence mining-related legislative matters raises concerns about corporate influence in political policymaking and regulatory capture, practices that may undermine democratic processes.

  • -30

    Political Contributions and Lobbying Efforts

    March 20

    Kinross Gold Corporation spent $60,000 on lobbying in Q4 2024, potentially targeting mining and environmental legislation. From an anti-fascist perspective, such political contributions and lobbying efforts are concerning as they can contribute to corporate influence over democratic processes and may pave the way to regulatory capture that undermines public welfare.

    Lobbying Update: $60,000 of KINROSS GOLD U.S.A. INC. lobbying was just disclosed

  • Kinross Gold: Suspension of Unionized Workers' Strike at Tasiast Mine Logo
    MAY
    22
    2020

    Unionized workers at Kinross Gold Corporation's Tasiast mine had initiated a strike that was suspended at the request of the Mauritanian government. Although the company maintained that it adhered to its collective labor agreement and complied with labor laws, the suspension raises concerns over potential compromise of worker rights and underlying labor issues.

  • -30

    Labor Relations and Human Rights Practices

    March 20

    The incident highlights tensions in labor relations at Kinross Gold. Despite the company's claim of adhering to labor agreements and labor codes, the suspension of a unionized workers' strike at the request of the Mauritanian government suggests external pressure influencing labor rights. From an anti-fascist perspective that strongly supports the autonomy and rights of workers, this event reflects a potential alignment with authoritarian tendencies in labor practices.

    Kinross Unionized Workers' Strike at Tasiast Mine Suspended

  • Kinross Gold faces worker strike over labour law violations amid Covid-19 Logo
    MAY
    08
    2020

    Workers at Kinross Gold's Tasiast mine in Mauritania launched an indefinite strike on May 5, 2020 over non-compliance with local labour laws and safety protocols during the Covid-19 crisis. The company's failure to respond to workers' concerns highlights deficient labour practices that may underpin authoritarian approaches to worker management.

  • -70

    Labor Relations and Human Rights Practices

    March 20

    Kinross Gold Corporation has been criticized for not engaging with staff representatives regarding safety and labour law compliance at the Tasiast mine in Mauritania. The company's lack of response to workers' valid COVID-19 safety concerns and disregard for local labour laws contributed to an indefinite strike, reflecting a serious lapse in upholding labour relations and human rights practices.

    Kinross Gold Corporation must ensure workers’ health and safety during Covid-19 crisis

  • Kinross Gold Human Rights Abuses at Morro do Ouro Mine Logo
    DEC
    11
    2017

    An investigation report reveals severe human rights violations including forced dispossession of quilombola communities, lack of proper consultation, and troubling economic relationships underpinning Kinross Gold’s expansion in Brazil.

  • -80

    Labor Relations and Human Rights Practices

    March 20

    The report documents significant human rights abuses connected to the expansion of the Morro do Ouro mine. Kinross Gold’s actions resulted in the forced displacement of traditional quilombola communities, disregard for land claim processes, and pressure on local residents, reflecting a profound neglect for labor and human rights practices.

    Swept Aside: An Investigation into Human Rights Abuse at Kinross Gold’s Morro do Ouro Mine

  • -70

    Economic Collaboration

    March 20

    Despite known human rights abuses, Kinross Gold has benefited from substantial financial backing by the Canadian government, receiving up to $850 million in loans through Export Development Canada and equity support via the Canada Pension Plan. This economic collaboration indirectly endorses and perpetuates its harmful practices, revealing a troubling dynamic of state-corporate support.

    Swept Aside: An Investigation into Human Rights Abuse at Kinross Gold’s Morro do Ouro Mine

  • Human Rights Investigation at Kinross Gold’s Brazilian Mine Logo
    DEC
    11
    2017

    A report by Above Ground and Justiça Global documents significant human rights abuses at Kinross Gold's Brazilian mine, including displacement of traditional communities and inadequate protection of indigenous land rights, raising concerns over the company's labor and human rights practices.

  • -60

    Labor Relations and Human Rights Practices

    March 20

    The report reveals that Kinross Gold’s expansion at its Brazilian mine led to the displacement of long-established communities with land rights, reflecting severe shortcomings in respecting human rights and labor standards. Despite legal challenges and regulatory warnings, the company proceeded with its operations, indicating a pattern of neglect in protecting vulnerable populations. This incident highlights a negative ethical record in the area of labor relations and human rights practices.

    Report investigates human rights abuse linked to Kinross Gold’s Brazilian mine

  • Report investigates human rights abuse linked to Kinross Gold’s Brazilian mine Logo
    DEC
    11
    2017

    An investigative report by Above Ground and Justiça Global details serious human rights violations at Kinross Gold’s Morro do Ouro mine in Brazil, including displacement of longstanding local communities and inadequate consultation with indigenous groups. The report raises concerns about environmental oversight and corporate accountability in human rights practices.

  • -70

    Labor Relations and Human Rights Practices

    March 20

    The report provides strong evidence of human rights abuses linked to Kinross Gold’s operations in Brazil. The displacement of communities, failure to obtain proper consent from indigenous groups, and environmental oversights highlight a significant disregard for labor rights and ethical business practices. This event reflects negatively on the company's business practices and ethical responsibility.

    Report investigates human rights abuse linked to Kinross Gold’s Brazilian mine

  • Human Rights Abuse Investigations at Kinross Gold’s Brazilian Mine Logo
    DEC
    11
    2017

    A 2017 investigation report detailed significant human rights abuses at Kinross Gold's Morro do Ouro mine in Brazil, including the displacement of longstanding local communities and inadequate safety and environmental oversight.

  • -70

    Labor Relations and Human Rights Practices

    March 20

    The December 2017 report from Business & Human Rights Resource Centre highlights serious human rights violations linked to Kinross Gold’s expansion of its Morro do Ouro mine in Brazil. The investigation reveals that local communities, with historic land rights, were displaced and exposed to harmful environmental and safety conditions. These actions demonstrate a significant failure to uphold fair labor practices and respect human rights.

    Brazil: Report investigates human rights abuse linked to Kinross Gold’s Brazilian mine

  • Report Investigates Human Rights Abuses at Kinross Gold's Brazilian Mine Logo
    DEC
    11
    2017

    A December 2017 report by Business & Human Rights Resource Centre documents severe human rights abuses at Kinross Gold's Brazilian mine, including the displacement of long-standing communities, environmental and safety oversights, and controversial government financing that raises questions about economic collaboration in the firm's operations abroad.

  • -80

    Labor Relations and Human Rights Practices

    March 20

    The report details significant human rights abuses at Kinross Gold's Brazilian mine, where the expansion led to the displacement of traditional communities and raised serious concerns over environmental oversight and community safety. This demonstrates a marked neglect of labor relations and human rights practices, warranting a highly negative rating in this category.

    Brazil: Report investigates human rights abuse linked to Kinross Gold’s Brazilian mine

  • -40

    Economic Collaboration

    March 20

    The report also highlights that Kinross Gold has received up to $850 million in financing from Export Development Canada. This infusion of government capital raises concerns about economic collaboration that may support the continuation of harmful operational practices, despite allegations of human rights abuses.

    Brazil: Report investigates human rights abuse linked to Kinross Gold’s Brazilian mine

  • Licence to Harm: Human Rights Violations and Regulatory Abuses at the Morro do Ouro Mine Logo
    MAR
    01
    2017

    A detailed investigation into Kinross Gold Corporation's operations at the Morro do Ouro mine in Brazil reveals severe human rights abuses, forced displacement of traditional quilombola communities, unethical land acquisition methods, and significant environmental degradation. The report also highlights government financial and political support that has enabled the mine’s expansion despite documented abuses.

  • Union Strike at Tasiast Mine Highlights Labor Rights Concerns Logo
    MAY
    24
    2016

    Unionized employees at Kinross Gold's Tasiast mine initiated strike action on May 24, 2016, due to unresolved collective bargaining issues. The company's stance of remaining open to negotiations raises concerns about its labor relations practices and whether sufficient measures are in place to protect union rights.

  • -50

    Labor Relations and Human Rights Practices

    March 20

    The union strike at the Tasiast mine underscores significant deficiencies in labor relations and human rights practices at Kinross Gold Corporation. While the company maintains that it is open to negotiations, the fact that unionized employees felt compelled to strike indicates underlying tensions and potential neglect of workers' rights. This negative score reflects concerns that the company's labor practices may not adequately protect employee interests or support robust collective bargaining, which is essential for resisting authoritarian labor exploitation.

    Kinross Gold: Unionized Employees Strike at Tasiast Mine

  • Kinross lobbying Ottawa over sanctions Logo
    JUN
    17
    2014

    Kinross Gold Corporation engaged lobbyists to influence Canadian government policy to protect its Russian asset interests amid Western sanctions, raising questions about corporate political influence and complicity in undermining democratic processes.

  • -80

    Political Contributions and Lobbying Efforts

    March 20

    Kinross Gold Corporation actively lobbied the Canadian government by engaging lobbyists with close ties to previous Conservative administrations to influence policy decisions regarding sanctions. This behavior highlights the company's effort to sway political decisions in order to safeguard its valuable Russian assets, thereby exhibiting complicity in minimizing governmental oversight and supporting authoritarian-friendly policies.

    Kinross lobbying Ottawa over sanctions

  • Unionized Employees Strike at Maricunga Mine Logo
    MAR
    05
    2014

    Unionized employees at Kinross Gold Corporation's Maricunga mine in Chile initiated strike action after failing to reach a new collective agreement, raising concerns about the company’s labor relations and treatment of workers.

  • -60

    Labor Relations and Human Rights Practices

    March 20

    The strike at Kinross Gold Corporation's Maricunga mine underscores significant issues in labor relations. The inability to secure a new collective agreement and the resultant work stoppage indicate a disregard for fair labor practices and workers' rights, reflecting negatively on the company's commitment to ethical business practices in a highly unionized environment.

    Unionized Employees Strike at Maricunga Mine

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