Gold – Kinross and Barrick both announced multi-billion-dollar writedowns in the fourth quarter. Investors, however, see a silver lining in the bad news.
Articles Tagged "kinross gold"
Gold – Mining Weekly reported that Kinross Gold's fourth quarter results showed multi billion dollar net loss related to their write down of the Tasiast mine.
Gold – Mining Weekly reported that four Canadian miners, Barrick Gold, Goldcorp, Kinross Gold, and Newmont Mining are looking to boost returns in a cost prohibitive operating environment.
Gold – Mining Weekly reported that Kinross Gold's CFO, Paul Barry, is slated to leave the company once a new CEO has been appointed.
Gold – Mining Weekly reported that Kinross Gold (NYSE:KGC) said it is working on improving returns and capital efficiency through optimization at its mines.
Gold – Following an important interest rate decision in China and a more recent monetary policy signal from the United States, gold prices dropped lower overall.
Gold – Mining Weekly reported that Kinross Gold (NYSE:KGC) sold its stake in the Brazil-based Crixas mine to AngloGold Ashanti (NYSE:AU) for $220 million.
Gold – Financial Post reported that some analysts are cutting their price targets for Kinross Gold (NYSE:KGC) on new of project delays.
Gold – Reuters reported that Kinross Gold (NYSE:KGC) increased its dividend on higher profits due to soaring gold prices.
Gold – Reuters reported that Kinross Gold (TSE:K) intends to purchase 625,000 units of Edgewater Exploration (CVE:EDW).