Kinross puts $290m price tag on Maricunga expansion

A project to expand capacity at Kinross' Maricunga mine, in Chile, will cost about $290-million, CEO Tye Burt said on Thursday. Kinross, which announced this week it has agreed to buy West Africa-focused Red Back Mining, is expanding its existing...

Kinross adj earnings up 34% on gold price

Toronto-based Kinross Gold earned $103,8-million in the second quarter, up from $19,3-million a year earlier, when the firm recorded a big foreign exchange charge. Adjusted net earnings, which exclude some once-off items, rose 34% year-on-year,...

Kinross COO Baker to retire

Tim Baker, COO of Toronto-based gold-miner Kinross, will retire at the end of this year, the firm announced on Monday. Baker will step down “to pursue personal interests and spend more time with his family”, Kinross said in a statement.

Kinross expects decision by year-end on new mill for Paracatu

Canada's Kinross Gold expects to make a decision by the end of the year on installing extra grinding capacity at its Paracatu operation, where it has run into difficulties ramping up an expansion project. The company is working on a scoping...