On March 30, 2016, Kinross Gold (KGC) updated the technical report for its Tasiast mine and announced that it will be going ahead with Phase One of the Tasiast expansion. Phase One is expected to ...
Kinross Gold (KGC) deferred its 380,000 ton-per-day Tasiast mill expansion in February 2015. The company believed the gold price environment didn’t provide much confidence for the project’s economics.
The Tasiast 24k project feasibility study is based on a $1,200 per ounce gold price and will have average annual production of 563,000oz from 2022 to 2028 at an all-in sustaining cost of $560/oz, ...
(Kitco News) - After reporting a $3.1 billion writedown on the Tasiast deposit Wednesday in the company’s fourth quarter and full-year results, Kinross (TSX:K) still believes strongly in the project.
Kinross Gold (NYSE:KGC) announced in its fourth quarter earnings released on Tuesday that it will not proceed with a $1.6 billion expansion of its Tasiast mine in Mauritania. Kinross acquired the mine ...
(Kitco News) - Kinross Gold Corp. (TSX: K, NYSE: KGC) anticipates it will have spent $400 million and committed $1 billion to expansion of the promising Tasiast mine in the African nation of ...
Kinross Gold Corp. is moving to expand its Tasiast mine in West Africa in a bid to reduce its costs of production and boost output in the region. On Sunday, Toronto-based Kinross announced it will ...
At the beginning of the decade, precious-metal mining stocks could literally do no wrong. Gold had been in an uptrend for more than a decade, and mining companies were seemingly throwing capital at ...
Exploration at Kinross Gold’s massive Tasiast gold mine in Mauritania is showing promising results and the company is confident it will be able to expand the size and scope of the project dramatically ...
TORONTO, May 22, 2020 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) announced today that the strike by unionized employees at its Tasiast mine has been suspended at the request of the ...
But what a difference a year and change makes. Since the beginning of the year, physical precious metals have been on fire as fundamental and psychological factors have altered investors' opinions.