Kinross to buy Russian gold project for US$283 million, beats on earnings

TORONTO — Kinross Gold Corp. says it will buy a gold project in eastern Russia for US$283 million from N-Mining Ltd. to add to its holdings in the country. The Toronto-based miner says the deal includes payment of about US$113 million in cash and US$170 million in Kinross shares, while N-Mining will be entitled to a small share … Continue reading Kinross to buy Russian gold project for US$283 million, beats on earnings