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.

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.

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.

‘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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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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