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Kinross Gold Corp.

Company Detail

Description

Canadian gold mining company Kinross Gold Corp. engages in the acquisition of gold deposits, and exploration, extraction and processing of gold-containing ore. The company operates globally in ten mines across three core regions —Russia, West Africa, which includes Ghana and Mauritania; and Americas, comprising Canada, United States, Brazil and Chile. Kinross Gold ships doré bars to its refineries for further purification, producing a small quantity of silver in the process. In Chile, the company owns two non-operating assets: La Coipa mine, suspended in 2013, and Maricunga, suspended in 2016. its Brazilian asset, the Paracatu open-pit mine, has an expected lifespan until 2030, with estimated production of 55Mt/y of ore. The mine, located in Minas Gerais state, near the city of Paracatu, also includes a processing mill. Kinross Gold was founded in 1993 and is based in Toronto.

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