Kinross gold
| Kinross Gold Corporation
|
|
|---|---|
 |
|
| legal form | Public Company (Canada) |
| ISIN | CA4969024047 |
| founding | 1993 |
| Seat |
Toronto , Ontario , Canada
|
| management | J. Paul Rollinson ( CEO ) |
| Number of employees | 9,300 |
| sales | 3.46 billion US $ (2014) |
| Branch | Mining |
| Website | www.kinross.com |
Kinross Gold Corp. is a mining company from Canada with headquarters in Toronto , Ontario . The company was founded in 1993 and is listed in the S & P / TSX 60 share index.
The main purpose of the company is the mining of gold and as an "admixture" of silver .
Kinross was formed in 1993 by the merger of three companies: "Plexus Resources Corporation", "CMP Resources Ltd." and "1021105 Ontario Corp.". It currently operates mines in the US , Canada, Brazil , Chile , Ghana , Mauritania, and the Russian Federation. North and South America account for 53% of production, West Africa for 19% and the Russian Federation for 28%.
The gold equivalent production was in 2012 = 2,617,813 ounces, in 2013 = 2,631,092 ounces and in 2014 = 2,710,390 ounces.
history
1993: The company was founded by Robert M. Buchan on May 31, 1993 through the merger of CMP Resources Ltd., Plexus Resources Corporation and 1021105 Ontario Corporation. On June 1, 1993, Kinross was listed on the Toronto Stock Exchange and the NASDAQ .
1994: The company was listed on the New York Stock Exchange and listed under the symbol "KGC" on October 17, 1994.
1995: The Company acquired the Macassa Mine in Kirkland Lake, Ontario from Barrick Gold Corporation
1996: The mines in 1996 are: QR Mine in British Columbia; Delamar Mine in Idaho; Denton-Rawhide Mine and Candelaria Mine in Nevada; Hoyle Pond Mine in Timmins, Ontario; Macassa Mine in Kirkland Lake, Ontario; the Blanket mine and a gold mine in Zimbabwe Kopje.
1997: In April 1997, the company acquired an additional 50% stake in Goldbanks Nevada real estate from Restoration Minerals Company. Kinross now owns 100% of the shares in Goldbanks.
1998: The company completes the acquisition of "Amax Gold Inc." and its subsidiaries. That means the acquisition of the Fort Knox Mine near Fairbanks, Alaska, a 50% interest in the Maricunga Mine in Chile and a 50% interest in the Kubaka Mine in the Russian Far East.
1999: In February 1999 the company acquired "La Teko Resources Ltd.", followed in June by the acquisition of the remaining 59% of "True North Alaska". This increased the proportion to 100%.
2002: The company formed the Porcupine Joint Venture with "Placer Dome Inc." by amalgamating Kinross Hoyle Pond, Pamour and Nighthawk Mines, the Bell Creek Mill and the Dome Mine of Placer Dome. Kinross has a 49% stake in this.
2007: On February 27, 2007, the company completed the acquisition of Bema Gold Corporation. That means taking over:
- the remaining 50% in the Maricunga mine in Chile
- 75% (minus one share) in the Kupol gold-silver project in the Russian Federation
- 90% in the Julietta mine in the Russian Federation
- 49% of the Cerro Casale gold-copper deposit in Chile.
2008: The company had sales of $ 1.61 billion, up 48% from 2007. The company hits a new production record with the production of 1.8 million ounces of gold equivalent in 2008 (an increase of 16% over 2007). The entry into the “Lobo-Marte Project” expands the presence in Chile.
2010: The company acquired Red Back Mining for $ 7.1 billion. The company is thus active in 8 countries and operates 10 mines and 5 development projects, has more than 7,000 employees and a market capitalization of approx. 19 billion US dollars (2010).
2011: On April 4, 2011, the company increased its stake in the Kupol Mine in the Russian Federation from 75% to 100%. Kinross is included in the "Dow Jones Sustainability World Index".
2012: On May 29, 2012, the company sold its 50% stake in the Crixás mine in Brazil to "Anglogold Ashanti Ltd." Anglogold Ashanti already owned the other 50% and operates the Crixás mine.
2013: On October 1, 2013, commercial production began in the Dvoinoye mine (Russian Federation). The mine is expected to have between 235,000 and 300,000 ounces of gold equivalent in the first three years of production.
production
The company operated a total of 8 mines worldwide in 2018 .
| SURNAME | country | PROPORTION OF | PRODUCTION 2017 in oz |
RESERVES (P + P) in 000 oz |
|---|---|---|---|---|
| Soon mountain |
 United States
|
100% | 282.715 | 1,698 |
| Chirano |
 GHA
|
90% | 246.027 | 567 |
| Dvoinoye |
 RUS
|
100% | 580.451 | 576 |
| Fort Knox |
United States
|
100% | 381.115 | 3,374 |
| Cupola |
RUS
|
100% | 580.451 | 1,435 |
| Paracatu |
 BRA
|
100% | 359,959 | 8,824 |
| Round Mountain |
United States
|
100% | 436.932 | 2,884 |
| Student |
 MRI
|
100% | 243.240 | 7,861 |
| total | 2,530,439 |
Note: The production values of the two Russian production sites were aggregated. The combined production volume in 2017 was 580,451 oz.
Individual evidence
- ↑ Our History ( Memento of the original from June 25, 2014 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. at kinross.com, accessed May 28, 2014.
- ↑ Annual Report 2013 ( Memento of the original from May 28, 2014 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. at kinross.com, accessed May 28, 2014.
- ↑ Company Profile on markets.ft.com, accessed on May 28, 2014.
- ↑ annual report 2014. (No longer available online.) On kinross.com, formerly in the original ; accessed on July 28, 2015 . ( Page no longer available , search in web archives ) Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.
- ↑ a b annual information form 2014. (No longer available online.) Www.kinross.com, formerly in the original ; accessed on July 28, 2015 . ( Page no longer available , search in web archives ) Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.
- ↑ a b c d e f g h i j k l m n Kinross our history. www.kinross.com, accessed July 28, 2015 .
- ↑ Operations. Retrieved November 17, 2018 .
