Mining News

Russian government slashes sale price of Kinross mines in half – by Andrew Willis (Globe and Mail – June 15, 2022) Kinross Gold Corp. is selling its Russian mines for US$340-million – half the previously negotiated price – after Moscow imposed limits on the size of the sale. In March, Kinross suspended operations at its two properties in Siberia in response to Russia’s invasion of Ukraine. In April, Canada’s third-largest gold producer announced it would …

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