Kinross Gold Corp T.K

Putin Bans Sale of Foreign Assets

[geezer21]

Kinross can not sell its mining interests in Russia


https://www.youtube.com/watch?v=MhGlpB6fM00

[rj2020]

Kinross completes sale of Russian assets  June 15, 2022 https://www.kinross.com/news-and-investors/news-releases/press-release-details/2022/Kinross-completes-sale-of-Russian-assets/default.aspx

[miner23]

Except that Kinross is a Canadian company

[geezer21]

Ya, Kinross is a Canadian company which makes it a foreign company in Russia.  Kinross will not be able to sell its mining interests in Russia.

[rj2020]

Kinross already received $300 out of $340 million. Only the deferred payment of $40 million may be affected. TORONTO, June 15, 2022 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) (“Kinross”) announced today that it has completed the sale of 100% of its Russian assets to the Highland Gold Mining group of companies for total consideration of $340 million in cash. Kinross has