Copper $ 5.5035 / lb 0.29%
Brent Crude Oil $ 61.91 / bbl 2.21%
Palladium $ 1830 / ozt 1.95%
Crude Oil $ 57.88 / bbl 2.21%
Natural Gas $ 3.872 / Btu -5.12%
Silver Futures $ 68.53 / ozt 1.45%
Aluminum Futures $ 2947.5 / ton -0.74%
Micro Gold Futures $ 4472.6 / ozt 2.37%
Micro Silver Futures $ 68.52 / ozt 1.47%
Platinum $ 2098.1 / ozt 4.07%
Gold Futures $ 4472.2 / ozt 2.34%
Go to MDC Markets

Kinross secures low-cost power for Brazil’s largest gold mine

Cecilia Jamasmie | February 15, 2018 | 8:22 am Base Metals Canada Latin America Copper 

Canadian miner Kinross Gold (TSX:G) (NYSE:KGC) has moved to secure low-cost power supply for its Paracatu mine, Brazil’s largest gold mine, by buying two hydroelectric plants for $257 million. With the acquisition of two hydroelectric plants, it expects to eliminate...

Mining.com Recommends

Contest Ranking Modal BG Contest Ranking Modal BG
Contest Ranking Title

Your Rankings.

The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.

Vote Now