Kinross selling Russian assets to Highland Gold

After first announcing the formation of a divestment plan late last month, Canadian miner Kinross Gold has entered a definitive agreement to sell off its Russian assets to Highland Gold Mining for US$680 million in cash. The assets include the actively operating Kupol mine; exploration assets including the Chulbatkan project; and other related infrastructure. Specifically, Kinross said, it will receive…

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