Kinross proceeding with value-enhancing Tasiast 24k project
Kinross Gold Corporation (KGC)
Last kinross gold corporation earnings: 2/12 05:00 pm
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US:NYSE Investor Relations:
kinross.com/news-and-investors/default.aspx
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Source: GlobeNewswire
(This news release contains forward-looking information about expected future events and performance of the Company. We refer to the risks and assumptions set out in our Cautionary Statement on Forward-Looking Information located of this release. All dollar amounts are expressed in U.S. dollars, unless otherwise noted.) TORONTO, Sept. 15, 2019 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE: KGC) (“Kinross”) today announced that it is proceeding with a project to incrementally increase throughput capacity at its Tasiast mine to 24,000 tonnes per day (t/d). Based on the results of the completed “Tasiast 24k” feasibility study, the project is expected to increase production, reduce costs, and generate significant cash flow and attractive returns at an initial capital cost estimate of $150 million. Tasiast 24k project feasibility study highlights (Based on a $1,200/oz. gold price and $55/bbl oil price)Throughput capacity (t/d)24,000 Average annual production (Au oz.) (2022 –
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KGC
News
- AbraSilver Announces Closing of C$20 Million Strategic Investments by Kinross Gold and Central Puerto [Yahoo! Finance]Yahoo! Finance
- Kinross Gold Co. (NYSE: KGC) had its price target raised by analysts at Jefferies Financial Group Inc. from $5.00 to $6.00. They now have a "hold" rating on the stock.MarketBeat
- AbraSilver Announces C$20 Million in Strategic Investments by Kinross Gold and Central Puerto and Formation of a Regional Partnership in Argentina [Yahoo! Finance]Yahoo! Finance
- Kinross Gold Co. (NYSE: KGC) had its "outperform overweight" rating re-affirmed by analysts at National Bank Financial.MarketBeat
- Gold Really Is In A 'Goldilocks' Zone [Seeking Alpha]Seeking Alpha
KGC
Earnings
- 2/14/24 - Beat
KGC
Sec Filings
- 4/4/24 - Form EFFECT
- 4/2/24 - Form 6-K
- 4/2/24 - Form 6-K
- KGC's page on the SEC website