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Kinross suspends gold mill in Mauritania due to a fire

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(Kitco News) - Kinross Gold (TSX:K; NYSE:KGC), a major gold producer, announced today a temporary suspension of mill operations at its Tasiast mine in Mauritania due to a fire on June 15, 2021. There were no injuries reported due to the fire.

The company said it will work with government authorities and is starting the process of investigating the cause of the fire. The company is also assessing the damage and potential impact on the operation and will provide a further update once an assessment is completed.

The Tasiast mine is an open-pit operation located in northwestern Mauritania, approximately 300 kilometres north of the capital Nouakchott.

Tasiast processes ore via mill and dump leach. In 2020, Tasiast delivered record high annual production of 407 thousand gold equivalent ounces and record low cost of sales of $584/oz sold for the second consecutive year.

Kinross is a Canadian-based major gold mining company with mines and projects in the United States, Brazil, Russia, Mauritania, Chile and Ghana.

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