Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
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- Peter Lynch
What is insider trading>>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No.8)*
Kinross Gold Corp.
(Name of Issuer)
COMMON SHARES
(Title of Class of Securities)
496902404
(CUSIP Number)
December 31, 2019 - Year End Filing
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is
filed:
[X] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's initial
filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover
page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however,
see the Notes).
Page 1 of 5 pages
CUSIP No. 496902404
1.
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Names of Reporting Persons
I.R.S. Identification Nos. of above persons
(entities only)
Van Eck Associates
Corporation
666 Third Ave. - 9th Floor,
New York, New York 10017
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2.
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Check the Appropriate Box if a Member of a
Group (See Instructions)
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(a)
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N/A
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(b)
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3
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SEC Use Only
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4.
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Citizenship or Place of Organization: Delaware
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Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
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5.
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Sole Voting Power
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153,786,157 common shares
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6.
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Shared Voting Power
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None
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7.
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Sole Dispositive Power
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154,325,057 common shares
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8.
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Shared Dispositive Power
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None
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9.
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Aggregate Amount Beneficially Owned by Each
Reporting Person 154,325,057 Common Shares are held within mutual funds and
other client accounts managed by Van Eck Associates Corporation, one of which individually owns more than 5% of the outstanding shares.
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10.
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Check if the Aggregate Amount in Row (9)
Excludes Certain Shares (See Instructions) N/A
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11.
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Percent of Class Represented by Amount in Row
(9) 12.30%
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12.
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Type of Reporting Person (See Instructions) IA
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Page 2 of 5 pages
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Item 1. (a)
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Name of Issuer
Kinross Gold Corp.
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Item 1. (b)
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Address of Issuer's Principal Executive Offices
25 York Street, 17th Floor, Toronto A6 M5J 2V5
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Item 2. (a)
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Name of Person Filing
Van Eck Associates Corporation
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Item 2. (b)
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Address of Principal Business Office or, if none, Residence
666 Third Ave. - 9th Floor, New York, New York 10017
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Item 2. (c)
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Citizenship or Place of Organization:
Delaware
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Item 2. (d)
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Title of Class of Securities
Common Shares
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Item 2. (e)
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CUSIP Number
Not Applicable
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Item 3.
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If this statement is filed pursuant to Rule 13d-1(b) or
13d-2(b) or (c), check whether the person filing is a:
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(a)
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[ ]
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Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
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(b)
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[ ]
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Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
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(c)
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[ ]
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Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
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(d)
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[ ]
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Investment company registered under section 8 of the Investment Company Act
of 1940 (15 U.S.C 80a-8).
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(e)
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[X]
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An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
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(f)
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[ ]
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An employee benefit plan or endowment fund in accordance with Rule
13d-1(b)(1)(ii)(F);
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(g)
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[ ]
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A parent holding company or control person in
accordance with Rule 13d-1(b)(1)(ii)(G);
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(h)
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[ ]
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A savings associations as defined in Section
3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
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(i)
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[ ]
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A church plan that is excluded from the definition of an investment company
under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
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(j)
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[ ]
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Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
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Page 3 of 5 pages
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Item 4.
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Ownership.
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(a)
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Amount beneficially owned: 154,325,057 Common Shares
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(b)
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Percent of class: 12.30%
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(c)
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Number of shares as to which the person has:
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(i)
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Sole power to vote or to direct the vote 153,786,057 Common Shares
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(ii)
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Shared power to vote or to direct the vote None
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(iii)
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Sole power to dispose or to direct the
disposition of 154,325,057 Common Shares
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(iv)
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Shared power to dispose or to direct the
disposition of None
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Item 5.
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Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following:
[ ]
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Item 6.
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Ownership of More than Five Percent on Behalf of Another
Person.
The VanEck Vectors Gold Miners ETF an investment company
registered under the Investment Company Act of 1940, has the right to receive dividends and proceeds from the sale of 78,874,926 of the shares reported by Van Eck Associates Corp., respectively.
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Item 7.
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Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent Holding Company
Not applicable.
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Item 8.
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Identification and Classification of Members of the Group
Not applicable.
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Item 9.
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Notice of Dissolution of Group
Not applicable.
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Item 10.
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Certification
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By signing below I certify that, to the best of
my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held
in connection with or as a participant in any transaction having that purpose or effect.
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Page 4 of 5 pages
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the
information set forth in this statement is true, complete and correct.
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February 12, 2020
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Date
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/S/ James L. Parker
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Signature
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James L. Parker, Assistant Treasurer
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Name/Title
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The original statement shall be signed by each person on
whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the
representative's authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and
any title of each person who signs the statement shall be typed or printed beneath this signature.
Page 5 of 5 pages