Post by
GoldenPolarBear on Mar 02, 2022 9:08pm
‘Uncertainties’ for Kinross Gold’s Russian operations amidst
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‘Uncertainties’ for Kinross Gold’s Russian operations amidst conflict — BMO..."
https://www.mining.com/uncertainties-for-kinross-golds-russian-operations-amidst-conflict-bmo/
Prolonged international sanctions might “slow or halt” the development of Kinross Gold’s (TSX: K; NYSE: KGC) operations in Russia, BMO’s metals and mining analysts said, as the country continues to attack Ukraine.
The first wave of sanctions on Russia were announced on February 22, after Moscow’s order to deploy troops to eastern Ukraine.
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“As the Russia conflict continues to evolve, uncertainties around Kinross’s operations in-country continue to build,” BMO mining analyst Jackie Przybylowski wrote in a research note to clients. Przybylowski spoke to the Kinross team, including its CEO Paul Rollinson, at the ongoing 2022 BMO Global Metals and Mining Conference in Hollywood, Florida.
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