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Kinross drops $1.6bn Tasiast expansion

Frik Els | February 11, 2015 | 12:01 am Energy Precious Metals Africa Europe Gold Silver 

Kinross Gold (NYSE:KGC) announced in its fourth quarter earnings released on Tuesday that it will not proceed with a $1.6 billion expansion of its Tasiast mine in Mauritania. Kinross acquired the mine in 2010 as part of its takeover of...

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