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In addition, the company stated its willingness to make a voluntary cash offer to minority shareholders of Keliber so as to raise its total stake to almost 80%.
The feasibility study work at Manh Choh project in Alaska is nearing completion, with results expected to be disclosed ahead of schedule as part of the company’s Q2 2022 results.
The U.S. Forest Service has released a long-awaited environmental study of a proposed 20-year copper mining moratorium on federal land near the Boundary Waters Canoe Area. It is the latest step in a bid by the Biden administration to place a long-term pause on proposed copper-nickel mines across a large swath of northeastern Minnesota.
With the completion of the sale, Kinross Gold has divested all of its assets in Russia. It now has no further obligations or liabilities in the country.
The concentration of copper, chromium, nickel, lead, zinc, arsenic and mercury all were detected at levels that exceed the limits under Argentinian hazardous waste law.
