PROJECT FINANCE

Kinross buys 9.9% stake in Eminent Gold

The explorer plans to use the proceeds to advance its Nevada projects

The Hot Springs Range project in Nevada, US

The Hot Springs Range project in Nevada, US | Credits: Eminent Gold

Kinross Gold is acquiring a 9.9% stake in Nevada-focused explorer Eminent Gold as part of a non-brokered private placement. Eminent announced an offering for up to C$5 million, issuing 12.5 million...

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