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Kinross Completes Sale of Crixas Mine Interest for $220 Million

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Kinross Completes Sale of Crixas Mine Interest for $220 Million

 

\"\" The Crixas gold mine

 

 

 

Kinross Gold Corporation (TSX:K)(NYSE:KGC) announced that, further to the Company's news release dated May 29, 2012, it has completed the sale of its 50% interest in the Crixas (Serra Grande) gold mine in Brazil to an affiliate of AngloGold Ashanti for gross cash proceeds of US$220 million.

 

About Kinross Gold Corporation

 

 

Kinross is a Canadian-based gold mining company with mines and projects in Brazil, Canada, Chile, Ecuador, Ghana, Mauritania, Russia and the United States, employing approximately 8,000 people worldwide. Kinross maintains listings on the Toronto Stock Exchange (symbol:K) and the New York Stock Exchange (symbol:KGC).

 

Posted June 28, 2012

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