a "Total" includes 100% of Chirano production "Attributable" includes Kinross share of Chirano 90% production and costs and Manh Choh 70% costs b The definition and reconciliation of these non GAAP financial measures and ratios is included on pages 18 to 24 of this news GAAP financial measures and ratios have no standardized meaning
Company announces share buyback program and expects Tasiast mill to re start in Q4 2021 TORONTO July 28 2021 GLOBE NEWSWIRE Kinross Gold Corporation TSX K NYSE KGC Kinross or the Company today announced its results for the second quarter ended June 30 2021 This news release contains forward looking information about expected future
The mine and the Chirano Sefwiman Foundation a community development organization funded by the mine Kinross is a global gold mining company with strong and consistent operating results driven by a high performance culture With a balanced portfolio of mines and projects in three regions our focus is delivering value based on the core
Chirano Gold Mines Limited Subsidiary of Kinross Gold Corporation 4 589 followers on LinkedIn Putting People First High Performance Culture Rigorous Financial Discipline Outstanding
Located in southwestern Ghana the Chirano open pit and underground operation is situated approximately 100km south west of Kumasi Ore from the mine is processed at the mine s mill which has a capacity of nearly The mine which started production in 2005 is situated immediately south of Asante Gold s Bibiani gold mine
In January the Devonshire Initiative published a case study on Kinross Community Consultative Committee CCC in Chirano to share valuable experiences about the benefits of strong community The Devonshire Initiative is a multi stakeholder forum focused on improving development outcomes in the mining context and providing support and
Kinross Gold Kinross Chirano gold mine is located in southwestern Ghana approximately 100 kilometres southwest of the city of Kumasi The mine lies within the Bibiani gold belt and consists of several conventional open pit mining sites
Kinross received US$60 million in cash and approximately million Asante common shares having a total value of US$ million based on an Asante Share price of US$ CAN$ per share which is the volume weighted average price of each Asante Share for the 30 trading days ending 9 August 2022
All dollar amounts are expressed in dollars unless otherwise noted TORONTO April 25 2022 GLOBE NEWSWIRE Kinross Gold Corporation
As an Environmental Superintendent Oppong has led Chirano to winning two prestigious awards in Ghana the Environmental Stewardship award for two consecutive years awarded to the best overall mining company in Ghana and the Government of Ghana s Green Rating for three consecutive years making Chirano the first mining company
TORONTO April 25 2022 GLOBE NEWSWIRE — Kinross Gold Corporation TSX K; NYSE KGC Kinross or the Company announced today that it has entered into a sale agreement with Asante Gold Corporation CSE ASE; FSE 1A9 Asante to sell its 90% interest in the Chirano mine in Ghana for a total consideration of $225 million in cash and shares
Chirano is a well run gold mining operation with a proven track record of production • Has produced over million ounces of gold since Kinross assumed ownership in 2010 • Immediately adds million ounces of gold resource to Asante s global resource profile
Returned more than $250 million to shareholders in 2021 Production outlook of million million and million ounces in 2022 2023 and 2024 respectively to drive free cash flow growth TORONTO Feb 16 2022 GLOBE NEWSWIRE Kinross Gold Corporation TSX K NYSE KGC Kinross or the Company today announced its results for the fourth
2 Asante is currently operating the Bibiani Gold Mine with forecast production of 175 000 oz of gold over the next 12 months has completed the acquisition of the Chirano Gold Mine an operating
This was overshadowed by the first mine site fatality at Kinross since 2017 1 Unless otherwise stated production production cost of sales per Au eq oz and all in sustaining costs per Au eq oz in this news release are based on Kinross 90% share of Chirano production and costs and 70% share of Peak costs
On January 20 2022 a tanker truck operated by Kinross subcontractor Maxam hauling explosive ammonium nitrate and fuel oil ANFO to Kinross Chirano gold mine was involved in a traffic accident while travelling through the small community of Appiatse Ghana
As an Environmental Superintendent Oppong has led Chirano to winning two prestigious awards in Ghana the Environmental Stewardship award for two consecutive years awarded to the best overall mining company in Ghana and the Government of Ghana s Green Rating for three consecutive years making Chirano the first mining company
Company on track to significantly increase production and free cash flow in second half of year Proceeding with Manh Choh project to increase gold production in Alaska at lower costs TORONTO July 27 2022 GLOBE NEWSWIRE Kinross Gold Corporation TSX K NYSE KGC Kinross or the Company today announced its results for the second quarter
Adinorta Nti Yeboah Deputy Human Resource Manager Chirano accepted the award on behalf of the mine and spoke on Kinross commitment to putting people first and responsible mining At Kinross our dedication to health safety and responsible mining extends to the protection of our people host communities and the environment said
Kinross Gold Corporate Responsibility Report Summary 2017 Responsible Mining at Chirano Kinross Gold Corporate Responsibility Report Summary 2017 Responsible Mining at Chirano • • •Complied with hundreds of permits and thousands of obligations • Safely managed large volumes of chemicals and fuel with one reportable spill
KINROSS Gold said it had completed the sale of its stake in Chirano a gold mine in Ghana for $225m in cash and The buyer is Asante Gold Corporation which in August last year bought the Bibiani gold mine from Resolute Mining for $ will own some % of Asante Gold which it has agreed to hold for at least a year post deal closure
Forward looking statements involve risks uncertainties and other factors that could cause actual results performance prospects and opportunities to differ materially from those expressed or
Chirano Mine Open Pit & Underground Mine is located 94 km SW from Kumasi Ghana · Underground development of the underground mines to ensure consistent ore delivery; · Ongoing open pit mine life extension projects at the Sariehu/Mamnao area are progressing as planned Kinross and Asante Commodity Units 2024 2023 2021 2020 2019 2018
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