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At Tasiast Kinross has also volunteered to update its fixed 3 royalty payable under the 2006 Tasiast Mining Convention Kinross said it was appropriate to pay an escalating royalty tied to the price of gold that aligns with the 2008 Mining Code and the 2012 Mining Convention plus what is comparable with other royalties in the region
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May 05 2020018332 Unionized workers have gone on strike at the Tasiast mine owned by Kinross Gold Corp TSX K NYSE KGC the company announced Tuesday The company said in a news release that it disagrees with the basis of the strike notice without specifying the unions demand but remains open to discussions to resolve the situation4149
Oct 31 2019018332Tasiast Project Mauritania National Instrument 43101 Technical Report Prepared for Kinross Gold Corporation Prepared by John Sims AIPG Certified Professional Geologist Effective Date 31 October 20194378
While Kinross Gold disagrees with the basis for the strike it remains open to discussions with the staff delegates The 100owned Tasiast mine is an openpit operation located in northwestern Mauritania approximately 300 km north of the capital Nouakchott Tasiast processes ore via mill and dump leach3408
May 24 2016018332Tasiast gold mine at dusk Image from archives Shares in Canadian miner Kinross Golds TSXG NYSEKGC were plummeting Tuesday as unionized employees at the companys Tasiast mine in4311
Jun 06 2012018332The Tasiast mine which produced approximately 200000 gold equivalent ounces in 2011 is Kinross Golds key development but also a recent source of worries4725
Nov 04 2016018332Perhaps one of the most memorable of the bunch was Kinross Golds acquisition of Red Back Mining in 2010 which allowed the company access to the highly prized Tasiast Mine in Mauritania Kinross3158
Mar 30 2016018332Kinross Gold Corporation Tasiast Project NI 43101 Technical Report Page 1 1 SUMMARY 11 Executive Summary Kinross has prepared a Technical Report for the wholly owned Tasiast gold deposit the Project located in the Islamic Republic of Mauritania Mauritania Africa Kinross is3985
Oct 20 2020018332Kinross Gold Inks Pact with Mauritania on Tasiast Gold Mine Kinross Gold Declares Safety and Sustainability Progress The record high gold prices make it the best time to sell its gold mines in the Americas region it noted The company operates two gold mines in Nevada one in Alaska and owns Paracatu gold mine in Brazil3026
Mar 30 2016018332Kinross the worlds fifth largest gold producer acquired Tasiast in 2010 as part of its takeover of Red Back Mining for 71 billion a deal that soon proved disastrous4294
Nov 05 2020018332Kinross Gold Q3 2020 Once again our three largest mines Paracatu KupolDvoinoye and Tasiast accounted for 60 of total production and delivered among the lowest costs in4538
May 22 2020018332Kinross Gold KGC 15 says the strike by unionized employees at its Tasiast mine has been suspended at the request of the government of4232
Aug 23 2020018332Kinross inherited Tasiast in 2010 through the US71billion acquisition of Red Back Mining Inc Acquired near the peak of the last gold bull market Kinross subsequently wrote off much of3692
Apr 25 2017018332Project description On January 17 2018 MIGA issued a guarantee of 300 million covering equity and shareholder loan investments by Kinross Gold Corporation andor its subsidiaries or affiliates of Canada into Tasiast Mauritanie Limited SA TMLSA4128
Kinross whose Tasiast gold mine produced 391097 ounces of gold last year said the agreement further develops a positive foreign investment climate in Mauritania4659
Kinross Gold Tasiast mine is an openpit operation located in northwestern Mauritania approximately 300 kilometres north of the capital Nouakchott Tasiast processes ore via mill and dump leach Work continues on enhancing the performance of the existing mill and optimizing the operation4240
Jul 10 2016018332The Ugly Canadian strikes again Torontobased Kinross Gold recently suspended work at its Tasiast mine to protest an order from Mauritanias government that unpermitted expatriates stop working on the massive project The lead foreign firm in the sparsely populated West African nation has been embroiled in a series of power struggles with its Mauritanian workforce4993
Kinross Gold Corp said it plans to expand two gold mines including the second phase of its Tasiast operation in West Africa spending more than 1 billion to boost output and lower costs4061
Jun 15 2020018332On June 15 Kinross Gold announced it had reached an inprinciple partnership agreement with the government of Mauritania providing the company with a 30year exploitation license for its Tasiast Sud exploration target granting it the possibility of early mining and allowing it to expedite the permitting process3783
May 22 2020018332With support from the Government of Mauritania Kinross Gold TSXK has resolved a unionised strike at its Tasiast gold mine The openpit Tasiast mine is located in northwestern Mauritania approximately 300 kilometres north of the capital Nouakchott The strike was announced on May 5 of this year following a notice from staff delegates4947
Jun 16 2020018332SEATTLE Scrap Monster Canadabased Kinross Gold announced that it has signed an agreement with the government of Mauritania in settlement of disputes thereby securing expansion to its Tasiast gold mine The deal is similar to the one reached between Barrick Gold and the Tanzanian government Under the agreement the company will pay a total of 25 million to the government in4969
Apr 25 2017018332Tasiast is an existing openpit gold mine located in northwest Mauritania about 300 kilometres km north of the capital city Nouakchott The mine has been in operation since 2007 and Kinross acquired it from Red Back Mining in 20104167
At Tasiast Kinross has also volunteered to update its fixed 3 royalty payable under the 2006 Tasiast Mining Convention Kinross said it was appropriate to pay an escalating royalty tied to the price of gold that aligns with the 2008 Mining Code and the 2012 Mining Convention plus what is comparable with other royalties in the region3641
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