...Kinross Gold Corporation is a major global producer of gold and silver. The company has made significant acquisitions and expansions in the Americas and Africa to diversify away from its concentration in Russia, reduce costs, and grow production. The Stable Outlook reflects Fitch Ratings' expectation that Kinross' total debt/EBITDA will generally be below 2.0x and FCF generation combined with its current cash balance will be sufficient to fund project and expansion capex. Should internal cash generation fall behind expectations, Fitch expects expenditures to be delayed or supported by equity issuance or asset sales....
