From Earlier: Kinross Agrees to Sale of Crixas Interest for $220 Million

Kinross Gold Corporation

announced today that it has entered into a purchase and sale agreement with subsidiaries of AngloGold Ashanti Ltd.

, pursuant to which Kinross will sell its 50% interest in the Crixas gold mine (Serra Grande), located in the State of Goias, Brazil, to AngloGold Ashanti for gross cash proceeds of US$220 million. AngloGold Ashanti is the other 50% owner and operator of Crixas.