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TORONTO, ONTARIO--(Marketwired - March 5, 2014) - Unionized employees at Kinross Gold Corporation's (TSX:K)(NYSE: KGC) Maricunga mine in Chile's Region III have initiated strike action following the failure to reach agreement on a new collective agreement at the mine. Mining operations at Maricunga have been suspended, while the heap leach facility and processing plant remain in operation in order to meet environmental compliance obligations. Kinross is unable at this time to predict when striking employees may return to work, or what the production impact may be, but will update the market as appropriate. The Maricunga mine produced approximately 188,000 gold equivalent ounces in 2013.
About Kinross Gold Corporation
Kinross is a Canadian-based gold mining company with mines and projects in Brazil, Chile, Ghana, Mauritania, Russia and the United States, employing approximately 9,000 people worldwide. Kinross maintains listings on the Toronto Stock Exchange (symbol:K) and the New York Stock Exchange (symbol:KGC).
FOR FURTHER INFORMATION PLEASE CONTACT:
Media Contact: Kinross Gold Corporation
Andrea Mandel-Campbell
Director, Corporate Communications
647-788-4179
andrea.mandel-campbell@kinross.com
Investor Relations Contact: Kinross Gold Corporation
Tom Elliott
Vice-President, Investor Relations
416-365-3390
tom.elliott@kinross.com
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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