Kinross Gold Corporation (NYSE:KGC) Q1 2022 Earnings Conference Call May 11, 2022 7:45 AM ET

Company Participants

Chris Lichtenheldt - Vice President, Investor Relations

Paul Rollinson - President & CEO

Andrea Freeborough - EVP & CFO

Paul Tomory - EVP & Chief Technical Officer

Geoff Gold - EVP, Corporate Development, External Relations & Chief Legal Officer

Conference Call Participants

Anita Soni - CIBC World Markets

Mike Parkin - National Bank Financial

Greg Barnes - TD Securities Inc.

Carey MacRury - Canaccord Genuity

Tanya Jakusconek - Scotia Capital Inc.

Operator

Good day, and thank you for standing by. Welcome to the Kinross Gold First Quarter 2022 Results Conference Call and Webcast. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a question-and-answer session. [Operator Instructions]

I would now like to hand the conference over to your first speaker Mr. Chris Lichtenheldt. Thank you and please go ahead.

Chris Lichtenheldt

Thank you, and good morning. With us today, we have Paul Rollinson, President and CEO. And from the Kinross, senior leadership team, Andrea Freeborough, Paul Tomory and Geoff Gold.

Before we begin, I would like to state that we will be making forward-looking statements during this presentation. For a complete discussion of risks and uncertainties, which may lead to actual results different from estimates contained in our forward-looking information, please refer to Page 2 of this presentation, our news release dated May 10, 2022, the MD&A for the period ended December 31, 2022 and our most recently filed AIF, all of which are available on our website.

I will now turn the call over to Paul.

Paul Rollinson

Thanks, Chris, and thank you all for joining us today. This morning, I'm going to provide a brief overview of our first quarter results and our updated guidance. Then I will provide an update on our key areas of focus, including our balance sheet and capital allocation plans, our operations and expiration, and then comment briefly on M&A. After that, I will turn the call over to Andrea and Paul, who will provide additional detail on our quarter and our outlook.

With respect to our first quarter results, our assets performed largely as planned and are set to ramp up throughout the year. It was a low production quarter as expected due to seasonality and our mine planning schedule. But we remain on track to deliver stronger performance as the year progresses.