Kinross Completes Sale of Crixas Mine Interest for $220 Million
TORONTO, ONTARIO -- (Marketwire) -- 06/28/12 -- Kinross Gold Corporation (KGC) (TSX: K)(NYSE: KGC) announced today that, further to the Company's news release dated May 29, 2012, it has completed the sale of its 50% interest in the Crixas (Serra Grande) gold mine in Brazil to an affiliate of AngloGold Ashanti for gross cash proceeds of US$220 million.
About Kinross Gold Corporation
Kinross is a Canadian-based gold mining company with mines and projects in Brazil, Canada, Chile, Ecuador, Ghana, Mauritania, Russia and the United States, employing approximately 8,000 people worldwide. Kinross maintains listings on the Toronto Stock Exchange (symbol: K) and the New York Stock Exchange (symbol: KGC).
Contacts: Media Contact Kinross Gold Corporation Steve Mitchell Vice-President, Corporate Communications 416-365-2726 firstname.lastname@example.org Investor Relations Contact Kinross Gold Corporation Erwyn Naidoo Vice-President, Investor Relations 416-365-2744 email@example.com
Source: Kinross Gold Corporation