Market Overview

Kinross Announces Unlawful Work Stoppage at Tasiast


Kinross Gold Corporation (TSX:K)(NYSE: KGC) announced today that employees at the Tasiast mine have initiated an unlawful work stoppage, and mining and processing activity at the site has been temporarily suspended. Management and employee representatives are engaged in discussions aimed at achieving a prompt settlement of certain issues raised by employees and a return to normal operations. The Tasiast mine produced approximately 200,000 gold equivalent ounces in 2011.

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