Canadian Mining Journal

Kinross Gold Corporation

  • News

    GOLD: Fortress raises $230M for Fruta del Norte

    November 6, 2014 by Canadian Mining Journal Editor

    ECUADOR – Fortress Minerals Corp. of Vancouver has raised $230 million through private placements with which to finance the purchase and development of the Fruta del Norte gold project. The placements have an overallotment of another $20…

  • News

    GOLD: Kinross sells Fruta del Norte to Fortress

    October 22, 2014 by Canadian Mining Journal Editor

    ECUADOR – Kinross Gold Corp. of Toronto has sold its Fruta del Norte gold project to Vancouver’s Fortress Minerals Corp., a member of the Lundin Group. The price is reported to be US$240 million in cash and equity.

  • Feature

    Top 40: Not Much has Changed

    August 1, 2014 by Marilyn Scales

    This is the time of year we at CMJ pause to examine how Canada’s mining companies performed during the previous year. We start by poring through year-end 2013 results from twice as many companies as will make the list in an effort not to…

  • News

    RESULTS: Roundup for the second quarter

    July 31, 2014 by Canadian Mining Journal Editor

    This is the season for corporations to announce their second quarter results, both financial and operational. As expected, the news releases are arriving at the inbox in large numbers. Yesterday we offered results from Sherritt and North…

  • News

    GOLD: Top 10 producers

    May 8, 2014 by Canadian Mining Journal Editor

    From the website come not one, but two Top 10 lists of the world’s gold producers. One ranks the countries with the highest production. The second ranks the companies with the largest output. Briefly here they are.

  • News

    GOLD: Tasiast expansion to cost Kinross $1.6B

    April 1, 2014 by Canadian Mining Journal Editor

    MAURITANIA – Toronto-based Kinross Gold Corp. has completed the feasibility study for the expansion of its Tasiast gold mine. Building a new mill will cost $1.6 billion, but output would expand more than threefold, to 848,000 oz per year.

  • News

    GOLD: Miners report 2013 output and 2014 guidance

    February 13, 2014 by Canadian Mining Journal Editor

    Is it good planning or good luck when four major Canadian gold miners chose the same day, Feb. 13, to release their year end production numbers and 2014 guidance? Here is a quick look at what they reported (in US dollars).

  • Feature

    Gold prices to determine Round Mountain mine’s future

    December 1, 2013 by David Godkin

    Back in 1946 when Bugsy Segal famously rolled into Las Vegas with a view to scoring it rich in the casino business, he might just as easily pointed his Packard Limo 430 km to the north. Gold at Round Mountain Mine had been a mainstay of…

  • News

    Hecla sees potential in junior explorers

    November 13, 2013 by Canadian Mining Journal Editor

    VANCOUVER — The market landscape has shifted notably for juniors with exploration stage assets. And though equity markets remain tough, it has opened up opportunities for producers, like U.S.-based Hecla Mining (NYSE: HL), that are…

  • News

    GOLD: Kinross opens high grade Dvoinoye mine in Russia

    October 10, 2013 by Canadian Mining Journal Editor

    RUSSIA – Kinross Gold of Toronto has declared commercial production at its high grade Dvoinoye gold mine in the Chukotka region. The new mine is 100 km north of the company’s Kupol gold mine, and the Dvoinoye ore will be treated at the…

  • News

    SUSTAINABILITY: Teck, Kinross listed on DJSI

    September 16, 2013 by Canadian Mining Journal Editor

    VANCOUVER and TORONTO: Teck Resources and Kinross Gold have been listed on the 2013 Dow Jones Sustainability Index (DJSI), as has Barrick Gold as reported last week.

  • News

    Searching for value amidst a wave of write-downs

    August 15, 2013 by Canadian Mining Journal Editor

    There is little arguing that 2013, thus far, has been a rough year for investors in gold mining stocks. But just how bad it has been may come as a surprise to some. Not since the financial crisis of 2008 have investors seen so much of their…