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Kinross Gold Corporation (KGC)
After hours:
- Zacks
Kinross (KGC) Inks Agreement to Acquire Great Bear Resources
Kinross (KGC) will buy Great Bear's flagship Dixie project located in the popular Red Lake mining district in Ontario through this transaction.
- ABN Newswire
Nova Minerals Limited (NVA.AX) Snow Lake Receives Permitting for Drilling Campaign
Nova Minerals Limited (ASX:NVA) (FRA:QM3) (OTCMKTS:NVAAF) is pleased to provide an update on its majority owned Snow Lake Resources (Snow Lake), Thompson Brothers Lithium Project.
- Motley Fool
Why Kinross Gold Slumped 11% on Thursday
Shares of Kinross Gold (NYSE: KGC) slumped on Thursday after the miner announced a $1.4 billion deal to acquire Great Bear Resources. In a press release sent out on Wednesday, Kinross Gold announced its intent to acquire Great Bear Resources for $1.4 billion in stock and cash at a proposed price of 29 Canadian dollars per share. The target company owns a mining complex in Ontario, Canada, and it looks like Kinross Gold management thinks it could be a top-tier deposit area.
