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Canada's Kinross completes Russia exit

Toronto-listed Kinross Gold has completed the sale its Russian assets to Highland Gold Mining Group for US$340 million in cash.

Canada's Kinross completes Russia exit Canada's Kinross completes Russia exit Canada's Kinross completes Russia exit Canada's Kinross completes Russia exit Canada's Kinross completes Russia exit

Kinross Gold finalises Russia sale

Kinross has already received US$300 million in US-denominated cash into its corporate account outside of Russia and will receive the remaining payment of US$40 million on the first anniversary of deal