News: Kinross Gold Corp (KGC)

KGC on New York Consolidated

26 Nov 2014
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Thu, Nov 6 2014

Kinross continues talks on Tasiast gold mine financing

TORONTO, Nov 6 - Kinross Gold Corp is talking with three main lenders on its $1.6 billion Tasiast gold mine expansion and will review terms later this month, though the project looks unlikely if gold prices do not rebound, the company said on Thursday.

UPDATE 1-Continued weak bullion may derail Kinross Tasiast mine expansion

(Recasts with CEO interview; adds cost, production outlook)

Weak gold prices may hinder Kinross' Mauritania mine expansion

Nov 5 - Kinross Gold Corp will find it tough to go ahead with the expansion of its Tasiast gold mine if the gold price does not recover from current weaker levels, Chief Executive Paul Rollinson said on Wednesday.

Kinross Gold posts loss on income tax expense

Nov 5 - Toronto-based miner Kinross Gold Corp reported a quarterly loss on Wednesday, mainly hurt by a $92.3 million income tax expense.

BRIEF-Kinross Gold Q3 revenue $945.7 million

* Q3 revenue $945.7 million, compared with $876.3 million in Q3 2013

UPDATE 1-Kinross to sell halted Ecuador gold project to Lundin company

(Recasts with more acquisition details, context, background)

Kinross agrees to sell halted Ecuador gold project to Fortress Minerals

Oct 21 - Kinross Gold Corp said on Tuesday it has entered into an agreement with Fortress Minerals Corp to sell its stake in Aurelian Resources Inc and the halted Fruta del Norte gold project in Ecuador for $240 million.

UPDATE 1-Canadian miner Kinross profit falls; could restart La Coipa

(Adds detail on La Coipa, production, costs and analyst estimates)

Kinross reports quarterly profit but gold prices weighed

TORONTO, July 30 - Kinross Gold Corp on Wednesday reported a profit for the second quarter, after a year-earlier loss tied to a $2.29 billion one-time charge.

Ecuador eyes legal reform, tax incentives to spur mining sector

NEW YORK, June 5 - Ecuador plans to change its mining law and offer tax incentives to attract foreign investors and spur investment in the stalled sector, a cabinet minister said on Thursday.

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