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

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Post by Goldenpouon Apr 02, 2024 1:58pm

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Post# 35965675

Gold reserves ideas

This is great because now the gold reserves, inventory and equipment at fire sale prices are worth more for gold mines stocks than the current value of the the stock.In other words delisting could be profitable. There is an accounting message there for CFOs wishing to expand since building mines are many billions and 5-10 years to build. Now the mines are already built on top of the reserves.

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