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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Comment by piedoneon May 04, 2010 9:39pm

663 Views

Post# 17063153

RE: K's private placement in RBI @ $25

I really don't understand this "investment". To invest $600 million (cash) for 9,4% at C$25/share for a company which has about half of your market capitalisation, it doesn't make sens. RBI is near their share price peak. Last year in august they were at C$10/share. In a few months RBI will be back at C$15/share. Couldn't Kinross wait? In my opinion this is wasted money.

Piedone

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