TORONTO, ONTARIO -- (Marketwire) -- 09/07/10 -- Kinross Gold Corporation (TSX: K)(NYSE: KGC) today released additional information regarding its proposed friendly combination with Red Back Mining Inc., following Red Back's disclosure today of an updated mineral resource estimate at its Tasiast deposit in Mauritania.
Kinross Gold and Red Back Mining have re-affirmed their strong commitment to completing a friendly combination of the two companies, and have rejected the recommendation contained in a report from Institutional Shareholder Services (ISS) on the transaction. The report is in contrast to the positive recommendation of Glass, Lewis & Co. LLC, a professional service firm that provides proxy research and voting recommendations [...]
TORONTO, ONTARIO -- (Marketwire) -- 09/01/10 -- Kinross Gold Corporation (TSX: K)(NYSE: KGC) announced today that in response to a request from Institutional Shareholder Services (ISS), the Company is providing further details regarding its friendly combination with Red Back Mining Inc. This includes additional detail to the 'Background to the Arrangement' section of the management information circular dated August 16
TORONTO, ONTARIO -- (Marketwire) -- 09/01/10 -- Kinross Gold Corporation (TSX: K)(NYSE: KGC) today announced that Glass, Lewis & Co. LLC ('Glass Lewis') has provided a positive recommendation regarding its proposed friendly combination with Red Back Mining Inc. Glass Lewis has recommended that Kinross shareholders vote 'FOR' the issuance of Kinross shares and warrants in connection with the acquisition.
TORONTO, ONTARIO -- (Marketwire) -- 08/27/10 -- Kinross Gold Corporation (TSX: K)(NYSE: KGC) announced today that its agreement with B2Gold Corp. to acquire B2Gold's rights to an interest in the Kupol East and West exploration licence areas, first announced on July 22, 2010, has now closed.
TORONTO, ONTARIO -- (Marketwire) -- 08/27/10 -- Kinross Gold Corporation (TSX: K)(NYSE: KGC) announced today that it has completed its previously announced acquisition of companies owning the rights to the high-grade Dvoinoye deposit and the Vodorazdelnaya exploration and mining licences. Both assets are located approximately 100 km north of Kinross' Kupol operation in the Chukotka region of the Russian Far East.
TORONTO, ONTARIO -- (Marketwire) -- 08/25/10 -- Kinross Gold Corporation (TSX: K)(NYSE: KGC) announced today that, further to the Company's news release dated July 23, 2010, it has completed the sale of the 22.5% interest in the partnership holding Harry Winston Diamond Corporation's (TSX: HW)(NYSE: HWD) ('Harry Winston') 40% interest in the Diavik Diamond Mines joint venture to Harry Winston for US$220 million. The
TORONTO, ONTARIO -- (Marketwire) -- 08/09/10 -- Kinross Gold Corporation (TSX: K)(NYSE: KGC) announced today that it has filed with the securities regulatory authorities a notice of a special meeting of Kinross shareholders to be held on September 15, 2010 (the 'Meeting'). The purpose of the Meeting is to consider the issuance of Kinross common shares in connection with the previously announced business combination with
TORONTO, ONTARIO -- (Marketwire) -- 08/05/10 -- Kinross Gold Corporation (TSX: K)(NYSE: KGC) has been advised that its application to acquire 100% of the shares of Northern Gold, the owner of the Dvoinoye gold and silver deposit in the Chukotka Autonomous Okrug, has been approved by the Russian Federation's State Commission for the Control of Foreign Investments.
TORONTO, ONTARIO -- (Marketwire) -- 08/04/10 -- 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 September 30, 2010 to shareholders of record at the close of business on August 31, 2010.
TORONTO, ONTARIO -- (Marketwire) -- 08/04/10 -- Kinross Gold Corporation (TSX: K)(NYSE: KGC) is pleased to announce the appointment of Brant Hinze as Executive Vice-President & Chief Operating Officer, effective October 1, 2010. Mr. Hinze will succeed the Company's current Chief Operating Officer, Tim Baker, whose retirement was announced earlier this year.
Margins Increase by 38%Adjusted Net Earnings(4) Up 34%; Adjusted Operating Cash Flow(4) Up 20% $7.1-Billion Friendly Combination With Red Back Creates New High-Growth Gold ProducerTORONTO, ONTARIO -- (Marketwire) -- 08/04/10 -- Kinross Gold Corporation (TSX: K)(NYSE: KGC) today announced its unaudited results for the second quarter ended June 30, 2010.