AbraSilver gets $15m investment from Kinross, Argentina power provider
AbraSilver Resource said on Monday it has received investments from both Kinross Gold and Central Puerto, Argentina’s leading electricity provider, to fund the development of its flagship Diablillos project in Salta province.
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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 reports ‘messy’ Q1 results as sale of Russian assets awaits approval
Mining News Pro - Kinross Gold has said that the company was in “uncharted territory” regarding the closure of the sale of its Russian assets.
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Kinross sells Chirano gold mine in Ghana to Asante in $225m deal
Mining News Pro - Kinross Gold is selling its 90% interest in the Chirano mine in Ghana to fellow Canadian Asante Gold in a cash and shares deal worth $225 million.
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Kinross to post first resource for Great Bear in 2022, with PFS to follow
Mining News Pro - Kinross Gold is aiming to report an initial inferred resource for its recently acquired Great Bear (Dixie) project in Red Lake, Ontario, by the end of the year. The gold miner, which paid $1.8 billion in cash and shares for Great Bear in a deal that closed in late February, plans to start a pre-feasibility study on the project in 2023.
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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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Kinross says Russian gold mines unaffected by sanctions
Mining News Pro - Canadian senior miner Kinross Gold (TSX: K; NYSE: KGC) says its operations in Russia are operating to plan and currently remain unaffected by Western and US sanctions announced on February 22.
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Kinross to buy Great Bear for $1.42 billion
Mining News Pro - Kinross Gold Corp announced on Wednesday it will buy gold explorer Great Bear Resources for about $1.42 billion.
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Kinross unveils share buyback plan, lowers Tasiast restart costs
Mining News Pro - Canadian gold mining company Kinross on Wednesday announced announced a share buyback programme and rewarded shareholders with a quarterly dividend of $0.03 a share.
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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 and S2 team up to find Finnish gold
Mining News Pro - Canada’s Kinross Gold has signed a $9.5 million farm-in agreement with a Finnish subsidiary of Australia-based S2 Resources to search for gold in Finland.
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Kinross on track to meet guidance, announces net-zero commitment
Mining News Pro - Gold miner Kinross produced 558 777 gold-equivalent ounces (GEOs) in the first quarter ended March and said on Tuesday that it was on track to meet its guidance of 2.4-million GEOs for the year.
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Kinross earns 70% stake in Laguna in Snow Lake
Mining News Pro - An affiliate of Kinross Gold has earned a 70% interest in the Laguna/Lucky Jack/Puealla Bay properties, in Snow Lake, Manitoba, junior partner Rockcliff Metals announced on Thursday.
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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 quarterly adjusted earnings triple
Mining News Pro - Gold miner Kinross has delivered a strong third quarter, nearly tripling its adjusted net earnings and keeping the company on track to meet its yearly guidance for the ninth consecutive year.
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Kinross not ‘under any pressure’ to do deals
Mining News Pro - Canadian miner Kinross Gold Corp is not under any pressure to do deals, Chief Executive Paul Rollinson said on Tuesday, ramping down a media report that said it was eyeing a London listing and the sale of its business in the Americas.
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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 to acquire 70% of Peak Gold in Alaska for $93m
Mining News Pro - Kinross Gold says it plans to strengthen its medium-term production and cash flow profile with the $93.7 million acquisition of the Peak Gold project in Alaska, about 400 km southeast of its Fort Knox mine.
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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` margin growth outpaces gold price increase
Mining News Pro - Canada-based Kinross Gold has nearly doubled its net earnings in the March quarter, while its margin growth outpaced the increase in the average realised gold price.
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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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Visit: 704