Kinross Gold Corp KGC

Kinross's Russian mines to be confiscated

[rockmstockm]

Due to NATO countries stealing Russian assets around the world Russia has passed legislation to confiscated foreign assets as retribution

[sicnarf2]

Good that it's a small part of their operations !

[Loughatorick]

Kinross sold all their interests in Russia in 2022 to Highland Gold after the invaision of Ukraine (when many other Western companies were exiting Russia) for $ 600 million, but Russia ruled that the sales price was excessive and Kinross only received $ 300 million.