Kinross Gold sells Russian assets at half the agreed price
Mining News Pro - Kinross Gold said on Wednesday it had sold its Kupol mine and Udinsk project in Russia to Highland Gold Mining for a total of $340 million in cash, half of the price announced in April.
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Kinross Gold sells Russian assets to Highland for $680 million
Mining News Pro - Kinross Gold is selling its Russian assets to Highland Gold Mining for a total of $680 million in cash, the Canadian miner said on Tuesday, a month after suspending its operations in the country.
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Kinross Gold to suspend Russian operations
Mining News Pro - Canadian miner Kinross Gold Corp said on Wednesday it is suspending its Russian operations, following Russia’s invasion of Ukraine.
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‘Uncertainties’ for Kinross Gold’s Russian operations amidst conflict
Mining News Pro - Prolonged international sanctions might “slow or halt” the development of Kinross Gold’s operations in Russia, BMO’s metals and mining analysts said, as the country continues to attack Ukraine.
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Fire at Kinross Gold’s Tasiast mine suspends milling operations
Mining News Pro - A June 15th fire at Kinross Gold’s Tasiast mine in Mauritania has shut down the mill while investigating its cause is underway.
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Kinross Gold beats profit estimates on higher prices
Mining News Pro - Canadian miner Kinross Gold beat analysts` estimates for quarterly profit on Wednesday as a surge in gold prices cushioned the blow from lower output.
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Kinross Gold not `under pressure` to do deals
Mining News Pro - Miner Kinross Gold does not feel under pressure to do deals, CEO Paul Rollinson said on Tuesday, playing down a media report that said it was eying the sale of its business in the Americas.
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Kinross Gold mulling sale of Americas mines
Mining News Pro - Canadian miner Kinross Gold is said to be considering a sale of its gold mines in North and South America and moving its primary stock listing to London in a move to increase the company’s value.
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Kinross Gold pays first dividend in 7 years with metal rallying
Mining News Pro - Canadian miner Kinross Gold Corp. is boosting output and paying its first dividend in seven years after gold prices surged to a record.
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Kinross Gold boosts position in Mauritania
Mining News Pro - Canada’s Kinross Gold has reached an in-principle deal with the government of Mauritania, which the company says will better balance the interests of both parties involved in the Tasiast gold mine.
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Kinross Gold withdraws 2020 guidance
Mining News Pro - Kinross Gold announced on Wednesday that it is withdrawing its full-year 2020 guidance, although the coronavirus outbreak has had no material impacts on the company’s operations to date.
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Kinross Gold profit beats on higher gold prices, output
Mining News Pro - Canadian miner Kinross Gold reported a better-than-expected quarterly profit on Wednesday, helped by record output at its third biggest mine, Tasiast, and higher gold prices.
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Kinross Gold expands Russian portfolio with $283 million buy
Mining News Pro - Canadian miner Kinross Gold is expanding operations in Russia by buying a development project in the eastern part of the country for $283 million from Cyprus-based N-Mining.
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Kinross Gold restructures leadership team
Mining News Pro - Kinross Gold Corporation announced several changes to its senior leadership structure on Tuesday, including the appointment of Paul Tomory as EVP and CTO.
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Chile`s Supreme Court signals death knell for Kinross gold mine
Mining News Pro - Chile`s Supreme Court upheld an environmental order for a gold mine owned by Canada`s Kinross Gold to close its water pumping wells, the environmental regulator said on Wednesday, bringing the curtain down on a long-running dispute that sparked the Toronto-based miner`s retreat from Chile.
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Kinross Gold Fort Knox expansion to extend mine life to 2030
Mining News Pro - Kinross Gold will proceed with the initial Gilmore expansion project at its Fort Knox gold mine in Fairbanks, Alaska.
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