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Kinross Gold: Unionized Workers at Tasiast Return Following Brief Work Stoppage
Published : May 20, 2011
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Mots clés associés :   Canada | Ghana |

TORONTO, ONTARIO--(Marketwire - May 20, 2011) - Kinross Gold Corporation (News - Market indicators)(NYSE:KGC) said today that a brief work stoppage at its Tasiast gold mine in Mauritania on May 19th had ended. Normal operations at the site have resumed and all unionized workers are back to work following the resolution of certain issues related to working conditions and pay. Constructive dialogue with the union is continuing with the aim of improving working conditions to Kinross standards, and to negotiating a collective agreement with unionized employees. Production at Tasiast was not affected by the work stoppage, which lasted less than a day. In the first quarter of 2011 Tasiast produced 51,321 gold equivalent ounces.

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 and employs approximately 7,500 people worldwide.

Kinross' strategic focus is to maximize net asset value and cash flow per share through a four-point plan built on: delivering mine and financial performance; attracting and retaining the best people in the industry; achieving operating excellence through the "Kinross Way"; and delivering future value through profitable growth opportunities.

Kinross maintains listings on the Toronto Stock Exchange (symbol:K) and the New York Stock Exchange (symbol:KGC).



Media Contact
Steve Mitchell
Vice-President, Corporate Communications
416-365-2726
steve.mitchell@kinross.com
or
Investor Relations Contact
Erwyn Naidoo
Vice-President, Investor Relations
416-365-2744
erwyn.naidoo@kinross.com
Données et statistiques pour les pays mentionnés : Canada | Ghana | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Ghana | Tous

Kinross Gold Corporation

PRODUCTEUR
CODE : K.TO
ISIN : CA4969024047
CUSIP : 496902404
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Kinross Gold est une société de production minière d'or basée au Canada.

Kinross Gold est productrice d'or, d'argent en USA, au Bresil, au Canada, au Chili, au Ghana, en Mauritanie et in Russia, en développement de projets d'argent, de cuivre et d'or au Chili, et détient divers projets d'exploration au Chili, en Equateur et in Russia.

Ses principaux projets en production sont ROUND MOUNTAIN en USA, MORRO DO OURO, CRIXÁS et PARACATU au Bresil, REFUGIO MINE (VERDE AND PANCHO), FORT KNOX, MARICUNGA et LA COIPA au Chili, PORCUPINE et MUSSELWHITE au Canada, CHIRANO au Ghana, TASIAST en Mauritanie et KUPOL in Russia, ses principaux projets en développement sont KETTLE RIVER, GOLD HILL et CERRO CASALE au Chili et ses principaux projets en exploration sont RUSSIAN MOUNTAIN, HORN MOUNTAIN et KUBAKA MINE - BIRKACHAN in Russia, AHAFO NORTH, BIBIANI NORTH, BOLE, BOLE - BOLGATANGA, AKYEM, GIL, ENCHI et GOLDBANKS - KINROSS au Ghana, HAMMOND REEF au Canada, FRUTA DEL NORTE en Equateur et LOBO-MARTE au Chili.

Kinross Gold est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 7,1 milliards CA$ (5,7 milliards US$, 5,0 milliards €).

La valeur de son action a atteint son plus bas niveau récent le 27 octobre 2000 à 1,43 CA$, et son plus haut niveau récent le 13 décembre 2002 à 9,99 CA$.

Kinross Gold possède 1 246 749 952 actions en circulation.

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