Kinross falls on temporary suspension of mill at Tasiast mine

ReutersApr 15, 2025 12:00 PM

U.S.-listed shares of Canadian gold miner Kinross Gold K.TO, KGC.N down 2.4% at $14.15 in premarket trading

Kinross temporary suspends mill operations at Tasiast mine located in Mauritania due to a mill fire

Company says it is investigating the cause of the fire as well as assessing the damage and potential impact on the operation

No injuries have been reported and mining operations are continuing on plan

Company is not expecting to change its guidance for Tasiast

KGC shares up 56.4% YTD

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Recommended Articles

Surges 11.4% in a Single Day. Intel Shares Hit Five-Year High, What Is Driving It?

TradingKey - As Intel (INTC) announced its participation in the Musk-led Terafab superchip factory project, market excitement has continued to build. Driven by a convergence of multiple positive catalysts, the company's stock price has recently staged an impressive rally.

Why Meta Stock Jumped Today — And Whether 2026 Is Still a Time to Buy

TradingKey - Since reaching a historical low at the start of the year, Meta Platforms (Meta) has shown signs of life again. Positive headlines around a ceasefire agreement in Iran reduced macroeconomic tension, leading successfully to a rally in risk assets like the entire U.S. stock market. As a re

SK hynix Vs. Micron: Which Memory Chip Is the Better Investment?

TradingKey - On April 9, according to industry sources, SK Hynix's 1c DRAM yield has reached 80%. The company plans to transition more than half of its capacity to the new process within the year, targeting a monthly output of 190,000 wafers by year-end, while tripling its investment in EUV equipmen

SpaceX Roadshow as Early as June, OpenAI and Anthropic IPOs in Second Half, Three Giants May Drain 2026 AI IPO Demand

TradingKey - The 2026 U.S. IPO market will face the most crowded listing window in history. Elon Musk’s SpaceX is set to launch its IPO roadshow in June, OpenAI plans to list in the fourth quarter, and Anthropic intends to go public in October. The combined financing scale of these three companies c

Why Did US Memory Chip Stocks Surge? Micron, SanDisk, Western Digital, Seagate Rally Collectively

TradingKey - On Wednesday, the U.S. memory chip sector experienced a strong rally, with Micron, SanDisk, Western Digital, and Seagate gaining collectively to become one of the standout market segments in the U.S. stock market for the day.

Featured Tools