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Kinross Gold Corp T.K

Alternate Symbol(s):  KGC

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.


TSX:K - Post by User

Bullboard Posts
Comment by HeyYouWhatWhoMeon Aug 14, 2016 12:05am
204 Views
Post# 25139741

RE:Kinross Gold

RE:Kinross Gold
Thanks for posting the article.  If there is a company
interested in taking over Kinross and they don't want
the mine in Mauritania then maybe something will happen
soon to keep anymore money from being sunk into it.

If a suitor(s) is waiting to see how the expansion pans out
then a take out may not be in the works near term.  What to
do with the Tasiast mine?  Kinross deciding to go ahead and
invest more money into the project since they already 'got it'
makes sense.  A buyout company may decide 'we don't got it'
and put it up for sale.  Hopefully, a pre-arranged sweet heart
deal.

So, the next question is, if a suitor does come along and they
don't want the project in Mauritania who would want to buy it?
Bullboard Posts