Kinross Gold Corp KGC

Primary Symbol: T.K

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 > How to operated a tier 1 gold mine

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Post by spacegimpon Sep 29, 2023 9:59am

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Post# 35661425

How to operated a tier 1 gold mine

"On 10.21.14, Kinross announced that it had entered into an agreement with Fortress Minerals (a member of the Lundin Group), to sell all of our interest in Aurelian Resources and the Fruta del Norte project in Ecuador, for US$240 million in cash and equity. "

Lundin Gold now makes $240 million free cash flow on this mine every six months

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