The company has completed and submitted the IFS on the Sangihe project to the Indonesian Ministry of Energy and Mineral Resources and, once approved, construction of the mining facilities and infrastructure can begin.
The drilling results from the Eleonore South continue to validate the spatial continuity of the mineralisation identified to date and, importantly, demonstrate that high grades are recurrent along strike and dip.
Kinross Gold Corporation shares its results for the second quarter of 2018 which build on the strength of its 1Q18 results and contribute to a positive first half of the year.
Total production from its seven operating silver mines in 2Q18 was 5.1 million equivalent oz. of silver.
Simon Jackson has been replaced as CEO by Dr Nicole Adshead-Bell, who acknowledged that the company’s Tucano gold mine in Brazil had “underperformed”.
The company has released highlights from its four mines, including a new one under construction in Nevada, US.
The two firms have agreed to work together on possible acquisitions and share expertise in mining technology.