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Kinross Gold (KGC) agrees to sell its 50% stake in the Crixas gold mine in Brazil to AngloGold...
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Tuesday, May 29, 2012, 8:59 AM ETKinross Gold (KGC) agrees to sell its 50% stake in the Crixas gold mine in Brazil to AngloGold Ashanti (AU) for $220M in cash. KGC calls Crixas a "non-operated, non-core asset," and its sale is "consistent with our strategy of portfolio optimization." KGC +2.8% premarket.
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