RE: kinrossI think the deal should be good for the stock price. The stock looked to be priced for bankruptcy it had been beaten down to ridiculously low level giving the company had a market cap of about $200million while their portion of diamond production is worth around $400million/yr (for example).
The markets now have some clarity on HW going out about two years: debt will be cleaned up, they've pushed back transition to underground operations one year (60% complete now -total cost for HW and Rio approx. $850M) with two years of open pit mining left (info from the conf call).
This gives lots of time for HW to get through this rough patch as world economies recover and diamond markets come back.
For the stock, the big unknowns are gone, the market should like this.