Kinross Gold: Russia operations remain unaffected by U.S. sanctions
TORONTO, April 09, 2018 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K) (NYSE:KGC) announced today that its mining operations in Russia continue to operate according to plan and remain unaffected by the new sanctions announced by the United States on April 6, 2018.
Kinross will continue to closely monitor sanction legislation in Canada, the U.S. and the European Union so that Kinross and its subsidiaries remain in compliance.
Kinross has successfully operated in Russia for over 20 years and has proactively developed and diversified its procurement and logistics structures in the country.
The Company continues to focus on responsibly operating its two mines and providing value to employees, host communities and shareholders.
About Kinross Gold Corporation
Kinross is a Canadian-based senior gold mining company with mines and projects in the United States, Brazil, Russia, Mauritania, Chile and Ghana. Our focus is on delivering value based on the core principles of operational excellence, balance sheet strength, disciplined growth and responsible mining. Kinross maintains listings on the Toronto Stock Exchange (symbol:K) and the New York Stock Exchange (symbol:KGC).
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Source: Kinross Gold Corp.