Please note that in c3934 sent at 8:22e today a correction has been made
to the proceeds, "approximately CDN$35.9 million (CDN$6.25 per share)"
and not "approximately CDN$34.8 million" as previously issued. Correct
copy follows.
Kinross Sells Equity Interest in Katanga Mining Limited
TORONTO, Sept. 8 /CNW/ - Kinross Gold Corporation (TSX: K, NYSE: KGC)
("Kinross") announced today that it has sold its 5,751,500 shares in Katanga
Mining Limited for proceeds of approximately CDN$35.9 million (CDN$6.25 per
share) through a private placement.
-------------------------------------------------------------------------
About Kinross Gold Corporation
Kinross, a Canadian-based gold mining company, is the fourth largest
primary gold producer in North America and the eighth largest in the world.
With eight mines in Canada, the United States, Brazil and Chile, Kinross
employs more than 4,000 people.
Kinross maintains a strong balance sheet and a no gold hedging policy.
Kinross is focused on a strategic objective to maximize net asset value and
cash flow per share through a four-point plan built on growth from core
operations; expanding capacity for the future; attracting and retaining the
best people in the industry; and driving new opportunities through exploration
and acquisition.
Kinross maintains listings on the Toronto Stock Exchange (symbol:K) and
the New York Stock Exchange (symbol:KGC).
-------------------------------------------------------------------------
%SEDAR: 00002968E
/C O R R E C T I O N From Source - Kinross Gold Corporation/
Watch Kinross Gold's latest callKinross Gold (TSX:K) Q3 2026 Earnings Call · Replay · Oct 29Read the transcript of Kinross Gold (TSX:K) Q3 2026 Earnings CallKinross Gold Corporation on 6ix
Earlier from Kinross Gold
- Kinross Sells Equity Interest in Katanga Mining Limited
- Kinross Completes Acquisition of Crown Resources
- Kinross Gold Agrees to Purchase Shares of X-Cal
- Kinross Gold announces 45 percent revenue growth and record earnings of $65.6 million in second quarter
- Kinross Announces Crown Shareholders' Meeting
Later from Kinross Gold
- Kinross Completes New Credit Facilities Totaling US$500 Million
- Wolfden initiates exploration and development plans for the Lupin Gold Mine
- Kinross to announce financial results for Q3 2006 on November 3, 2006
- Kinross Gold success continues with strong third quarter
- Market Regulation Services - Trading Halts - Kinross Gold Corp. - K K.U K.WT; Bema Gold Corporation - BGO
Follow Kinross Gold into a list and get an email when it puts out news.
Follow Kinross Gold