TORONTO, ONTARIO -- (Marketwire) -- 06/06/11 -- Kinross Gold Corporation (TSX: K)(NYSE: KGC) announced today that the third ball mill which was recently installed at its Paracatu expansion plant in Minas Gerais, Brazil, has been successfully commissioned, on schedule and on budget. The ore feed rate is currently at approximately 60% and is expected to ramp up to 100% in the third quarter of 2011.
TORONTO, ONTARIO -- (Marketwire) -- 05/20/11 -- Kinross Gold Corporation (TSX: K)(NYSE: KGC) said today that a brief work stoppage at its Tasiast gold mine in Mauritania on May 19th had ended. Normal operations at the site have resumed and all unionized workers are back to work following the resolution of certain issues related to working conditions and pay. Constructive dialogue with the union is continuing with the
Revenue Increases by 42%; Adjusted Net Earnings(1) Increase by 81%Adjusted Operating Cash Flow Up 67%; Margins Up 29%TORONTO, ONTARIO -- (Marketwire) -- 05/03/11 -- Kinross Gold Corporation (TSX: K)(NYSE: KGC) today announced its results for the first quarter ended March 31, 2011.
TORONTO, ONTARIO -- (Marketwire) -- 04/04/11 -- Kinross Gold Corporation ('Kinross') (TSX: K)(NYSE: KGC) announced today that its 75%-owned subsidiary, Chukotka Mining and Geological Company ('CMGC'), has entered into a Share Purchase Agreement with the State Unitary Enterprise of the Chukotka Autonomous Okrug or 'CUE', to repurchase the 2,292,348 shares of CMGC currently held by CUE, representing 25.01% of CMGC's
TORONTO, ONTARIO -- (Marketwire) -- 03/31/11 -- Kinross (TSX: K)(NYSE: KGC) announced today that it has amended its unsecured revolving credit facility. The changes to the facility include an increase of available credit from US$600 million to US$1.2 billion, consistent with the growth of the company over the past year.
TORONTO, ONTARIO -- (Marketwire) -- 03/30/11 -- Kinross Gold Corporation (TSX: K)(NYSE: KGC) announced today that it is committing US$2.5 million to build and help equip a new Medical Emergency Center in Mauritania. The new emergency centre will be part of Mauritania's Grand National Hospital located in Nouakchott, the nation's capital.
Drilling Campaign at Tasiast Continues to Yield Positive Results
TORONTO, ONTARIO -- (Marketwire) -- 03/28/11 -- In advance of an upcoming analyst and investor tour of its recently acquired West African assets, Kinross Gold Corporation ('Kinross') (TSX: K)(NYSE: KGC) today provided an update on exploration activity at Tasiast in Mauritania and development plans for the Tasiast expansion project, and an update on exploration activity at Chirano in Ghana.
TORONTO, ONTARIO -- (Marketwire) -- 03/25/11 -- Kinross Gold Corporation ('Kinross') (TSX: K)(NYSE: KGC) announced today that according to the Russian Federation's State Commission for the Control of Foreign Investments ('the Commission'), Kinross' 100%-owned subsidiary, Kupol Ventures Limited, has received pre-approval from the Commission to increase its ownership in the Chukotka Mining and Geological Company (CMGC
TORONTO, ONTARIO -- (Marketwire) -- 03/23/11 -- Kinross Gold Corporation (TSX: K)(NYSE: KGC) announced today that it has sold its approximate 8.5% equity interest in Harry Winston Diamond Corporation ('Harry Winston'), consisting of approximately 7.1 million Harry Winston common shares, on an underwritten block trade basis, for gross proceeds of CDN$100 million.
TORONTO, ONTARIO -- (Marketwire) -- 03/07/11 -- Kinross Gold Corporation (TSX: K)(NYSE: KGC) today announced the appointment of Paul H. Barry as Executive Vice-President and Chief Financial Officer. He is expected to join Kinross effective March 31, 2011. Mr. Barry replaces Thomas M. Boehlert, who will be leaving the Company by mutual agreement to pursue other opportunities. Mr. Boehlert will remain with the Company for
2010 Revenue Exceeds $3 Billion, Up 25%; Adjusted Net Earnings Per Share Up 32%Total Gold Reserves Increase by 23%; Tasiast Reserves and Resources Grow SignificantlyTORONTO, ONTARIO -- (Marketwire) -- 02/16/11 -- Kinross Gold Corporation (TSX: K)(NYSE: KGC) today announced its results for the fourth quarter and year ended December 31, 2010.
TORONTO, ONTARIO -- (Marketwire) -- 02/16/11 -- Kinross Gold Corporation (TSX: K)(NYSE: KGC) announced today that the Board of Directors has declared a dividend of US$0.05 per common share, payable on March 31, 2011 to shareholders of record at the close of business on March 24, 2011.