United states of america before the securities and. Kinross suspension at tasiast adds to uncertainty in mauritania production at the mauritaniabased operation has been suspended due to. Mar 30, 2016 toronto, onmarketwired march 30, 2016 kinross gold corporation tsx. About kinross gold corporation kinross is a canadianbased senior gold mining company with mines and projects in the united states, brazil, russia, mauritania, chile and ghana. Tasiast mauritania limited sa tasiast gold mine expansion project. Kinross provides update on organic development projects and. Kinross remains committed to continuous improvement, using the best available technology, and being at the forefront of best practices to further strengthen our tailings management.
Tasiast is today an important contributor to the economic and social development of mauritania. Kinross currently operates eight active gold mines, and was ranked fourth of the 10 top goldmining companies of 2017 by investnews. Please join me in welcoming our new employees in west africa into the kinross global family, and in celebrating with us as we take our. 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 workforce.
It gives me great pleasure to offer this introductory message to kinross world. Kinross to proceed with phase one of tasiast expansion. The sag mill is now consistently achieving throughput above 12,000 tonnes per day td. No indigenous people, as defined by indigenous peoplesps7, have been identified the in project area or in the vicinity of the project area, and therefore ps7 is not applicable to this project. Tmlsa has issued this rfq in order to solicit competitive. The technical report incorporates updates related to the current tasiast operation and provides comprehensive details regarding the recently announced tasiast 24k project that is expected. Due to the lower gold prices in 2015, kinross suspended the expansion to 38 kt d. The company expects to file an updated tasiast technical report at the end of october 2019 that incorporates the 24k project. I was honoured to have been appointed chief executive of. Tasi01031 english language trainer kinross tasiast. Kinross expects to provide a feasibility for a possible phase 2 expansion in q32017. Kinross gold corporation said that its 800,000 ounce a year tasiast project in mauritania was on time and budget with first phase commercial production due by the end of june. In march 2014, kinross completed a feasibility study to expand tasiast operation to 38 kt d. Tasiast phase one is complete, as throughput of the sag mill ramped up in the third quarter of 2018.
Kinross gold corporation 6k aug 18 2016 seeking alpha. Kinross mostly contains young families and overseas migrants, especially from the united kingdom, ireland and south africa. West branch 505 bench pit map superimposed on october 2015 mined surface. Once completed, the entire mine will comprise about a third of kinrosss current production. Several parks are dotted through the suburb, most of which offer. Operations at the mine commenced in july 2007, initially under the. In 2018 kinross management delivered on its strategic the company made good progress. The last several weeks have been a very busy time at our company, and certainly for me.
We need to ensure we have both the right scale and sequence for our projects to. The documentation listed below is available electronically as pdf attachments to this esrs at. Kinross files updated technical report for tasiast. Sondage new pump station p4, 14022020, 06042020, tasiast site. Paul rollinson chief executive officer kinross gold corporation note.
Kinross in 2018 balance sheet strength is a pillar of kinross strategy and will remain a key priority going forward. The tasiast deposit, mauritania uwa research repository. Tasiast mauritanie limited sa a kinross company home. 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 technical report incorporates updates with respect to the current tasiast operation and provides comprehensive details from studies on a twophased tasiast expansion and a resulting. To begin with, tasiast s expansion plans are still very much dependent on the price of gold behaving. Aug 18, 2016 about kinross gold corporation kinross is a canadianbased senior gold mining company with mines and projects in the united states, brazil, russia, mauritania, chile and ghana. The technical report incorporates updates related to the current tasiast operation and provides. Kinross is a global gold mining company with strong and consistent operating results driven by a high performance culture. October 2012 connecting our people and places kinross. The operation achieved record production in the first quarter of 2019, surpassing a production record set in q4 2018. Tasiast is a whollyowned indirect subsidiary of kinross. The lead foreign firm in the sparsely populated west african nation has been embroiled in a series of power struggles with its mauritanian workforce. Visit our 25th anniversary microsite at 25anniversary. Toronto, on marketwired 033016 kinross gold corporation tsx.
The second phase is due to reach commercial production in the third quarter of 2020. Annual production expected to increase by 87% and reduce production cost of sales per ounce by 48% phase two prefeasibility details released, opportunity to further increase production and lower costs. This is expected to add an additional 18,000 tonnes per day for a total combined throughput capacity of 30,000 tonnes per day. Page references indicate the location of information in the 20 corporate responsibility report pdf. This file is licensed under the creative commons attributionshare alike 2. Kinross files updated technical report for tasiast kinross gold. The technical report incorporates updates related to the current tasiast operation and provides comprehensive details regarding the recently announced tasiast 24k project that is expected to incrementally increase.
Perth and kinross council offices, pitlochry geograph. Kinross gold corporation provided today updates to its organic development projects, exploration program and its estimated mineral reserves and resources. Kinross gold corporation is a canadianbased gold and silver mining company founded in 1993 and headquartered in toronto, ontario, canada. Download news releasepdf 277 kb download technical report.
The mine has been in operation since 2007, and kinross. Download technical report 2015 annual information form and form 40f now available kinross gold corporation tsx. Vous trouverez plus dinformation sur cette mission dassurance limitee dans le rapport complet. Kinross gold corporation tasiast project mauritania ni 43101.
You can read more about the new kinross and our new operations at tasiast and chirano on pages 3 to 8. Kgc new york stock exchange 2018 marks our 25th year. Kinross files updated technical report for tasiast toronto stock. Kinross suspension at tasiast adds to uncertainty in. Kinross gold corporation tasiast project ni 43101 technical report toc vi figure 76. Kgc today filed an updated technical report for its tasiast mine in mauritania. Tasiast chirano operating mine development projects lobomarte all figures in u. Kinross currently estimates the gold resource to 69 be 12. Comparison with other local authority areas suggests that, over this period, perth and kinross had. Driving results october 2012 connecting our people and places issue 11 inside.
Tasiast owns and operates the tasiast mine in the islamic republic of mauritania. Since the creation of the national committee of eiti in mauritania in 2006, kinross tasiast has always filled in the forms of declaration of payments to the state which are provided by the independent expert in charge of the eiti annual report in mauritania. Notice of 2018 annual and special meeting of shareholders. Perth and kinross is centrally located in scotland. Feb 15, 2017 kinross gold corporation provided today updates to its organic development projects, exploration program and its estimated mineral reserves and resources. Tasiast may finally be ready to shine for kinross gold the. Just as frightening as the mantell incident, though more bizarre and less publicized, was a fatal encounter that occurred on november 23, 1953, over lake superior. To today filed an updated technical report for its tasiast mine in mauritania. Kinross gold is a canadianbased senior gold mining company with a diverse portfolio of mines and projects in the united states, brazil, chile, ghana, mauritania and russia and employs approximately 9,300 people worldwide.
Kinross was constructed around 19923 in various stages. Mineral reserve and mineral resource statement gold inferred mineral resources 2,3,4,5,6,7,8,9 kinross gold corporations share at december 31, 2016 property location kinross inferred interest. We are focused on delivering value through operational excellence, financial discipline and responsible mining. Kinross gold corporation is a canadianbased gold and silver mining company founded in 1993 and headquartered in toronto, canada. Miga is considering a guarantee to kinross gold corporation kinross of canada to cover its equity and shareholder loan investments in tasiast mauritanie lim ited s. To stock quote, history, news and other vital information to help you with your stock trading and investing. Kinross provides update on organic development projects. The technical report incorporates updates with respect to the current tasiast operation and provides comprehensive details from studies on a twophased tasiast expansion and a resulting updated mineral resource and mineral reserve estimate. Kinross acquired the mine in 2010 and operates it through its subsidiary tasiast mauritania limited s. A tmlsa or the project company for the purpose of expanding the tasiast gold mine tasiast or the project in mauritania. The tasiast mine is currently 100% 68 owned and operated by the kinross gold corporation.
Kinross, i can say we are committed to being the best partner, community member and employer we can be. Pdf the continued monitoring and optimization of a mining operation are. Kinross gold corporation 25 york street, 17th floor toronto, on canada m5j 2v5. The technical report incorporates updates with respect to the current tasiast operation and provides comprehensive details from studies on a twophased tasiast. Though the wheels are very much in motion for phase 1, kinross could still put the kibosh on. United states of america before the securities and exchange. Tasiast may finally be ready to shine for kinross gold. It is bordered by neerabup national park, and is the city of joondalups most northerly suburb.
Tmlsa approvisionnements appel doffres kinross tasiast. Toronto, onmarketwired march 30, 2016 kinross gold corporation tsx. Moncla was born in mansura, louisiana, on october 21, 1926, to felix sr. The companys mines are located in brazil, ghana, mauritania, russia and the united states. Kgc kinross today filed an updated technical report for its tasiast mine in mauritania. Kinross currently operates nine active gold mines and was ranked by stash investments, llc as the sixth largest gold producer in the world for 2018, based on the companys 2017 revenues. Kinross 2011 corporate responsibility report health and safety 62 kinross health and safety policy at kinross, putting people.
To begin with, tasiasts expansion plans are still very much dependent on the price of gold behaving. Throughout the relevant time period, tasiasts financial results were included in the consolidated financial statements that kinross filed with the commission. Kinross files updated technical report for tasiast kinross. Pdf lessons in slope stability management from kinross tasiast. We aim to work closely with landowners and developers to ensure the action programme is kept upto. Kinross has made significant investments in major infrastructure to turn tasiast into it a worldclass mine. Kinross proceeding with valueenhancing tasiast 24k. The technical report incorporates updates related to the current tasiast operation and provides comprehensive details regarding the recently announced tasiast 24k project that is expected to incrementally increase throughput capacity to 24,000 tonnes per day, as well as the previously updated estimated mineral resource and reserve estimates at december 31, 2018, which were disclosed by news release on september 15, 2019. We support the kinross decision to proceed with the tasiast phase two expansion and the additional investment and longterm benefits the project will bring to the country and our people. Tasiast mauritania limited sa tasiast gold mine expansion project phase 1ai environmental impact notice 10 may 2011 7 1 introduction background the tasiast gold mine the mine is an existing gold mine, situated in the inchiri wilaya of north western mauritania. That evening, as air defense command radar tracked an unidentified target moving at 500 miles per hour over the lake, an f89c allweather jet interceptor from kinross afb took off in hot pursuit. Kinross reports 2015 fourthquarter and fullyear results. Kinross gold corporation tasiast project mauritania ni 43. Tomory president and chief executive officer executive vicepresident and chief technical officer kinross best practice approach.
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