EXPLORATION & DEVELOPMENT

Kinross to expand in US, Mauritania

Kinross Gold Corp (CN:K) has given the go-ahead for the Tasiast phase two expansion in Mauritania and the development of its Round Mountain Phase W project in Nevada, US, after receiving both feasibility studies.

The Phase W project will extend mining at Round Mountain by five years

The Phase W project will extend mining at Round Mountain by five years

The development of the two projects, expected to cost the company just over US$1 billion to develop, should result in an 887,000 ounces of annual production over their lifetimes. Construction of the...

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