Kinross Gold Corp T.K

Alternate Symbol(s): KGC

Metals & Mining Gold

Kinross Gold Corporation is a Canada-based global senior gold mining company with operations and projects in the United States, Brazil, Mauritania, Chile and Canada. The Company’s projects include Fort Knox, Round Mountain, Bald Mountain, Manh Choh, Paracatu, La Coipa, Lobo-Marte, Tasiast and Great Bear projects. Fort Knox is an open-pit gold mine located near the city of Fairbanks, Alaska. Round Mountain is a long-life, open pit mine located in Nevada. Bald Mountain is an open pit mine with an estimated mineral resource base located in Nevada along the southern extension of the prolific Carlin trend. Manh Choh project is in Alaska, located approximately 400 kilometers southeast of Fort Knox. Paracatu is a long life, cornerstone operation located near the city of Paracatu in Brazil’s Minas Gerais region. It operates the La Coipa mine in the Atacama region and owns the Lobo-Marte development project, which is located approximately 50 kilometers southeast of La Coipa.

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Kinross Gold Corp

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Post by prospector24on Jul 09, 2012 5:37pm

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Post# 20096056

Is Barrick (ABX) Stalking Kinross (K)?

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PORTFOLIO ADVISORY GROUP

Monday, July 09, 2012

Veritas: Is Barrick (ABX) Stalking Kinross (K)?

Kinross (K) hiring a defensive financial advisor only one week after Barrick Gold Corp (ABX) ousted its CEO sparked Veritas to suspect K as a likely takeover target. The transaction would help ABX grow its production beyond 2015, largely by accelerating the development of K’s development projects. On the other hand, the acquisition would increase ABX’s operating costs, reduce its flexibility to raise dividends, and threaten to dilute shareholders for the sake of empire building.

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