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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

Post by stockstarkeron Apr 11, 2023 3:26pm
266 Views
Post# 35389168

Does Kinross need a dance partner, I say NO!

Does Kinross need a dance partner, I say NO!Kinross has gone through some ruff times over the last 10 years because of the former CEO Tye Burt who was completely incompetent who made so many bad decisions, being an x banker may explain it. Kinross has come along way since then. They are out of Russia which was an expensive lesson. They have made some good purchase acquisitions, mostly in North America. Despite what one poster said the Tasiast mine in Africa is making lots of money. They are paying a consistent dividend and buying back shares. The biggest plus is the price of gold itself. Gold is going up to record new highs because of the current world situation. So why would they even consider selling the company when they know the future looks so rosy and the past was so bleak. If Kinross did decide to sell the share price would have to be well North of $30.
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