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home / news releases / KGC - Barrick Gold CEO rules out Kinross Gold purchase - report

KGC - Barrick Gold CEO rules out Kinross Gold purchase - report

Kinross Gold Corporation
Barrick Gold (NYSE:GOLD) CEO Mark Bristow ruled out a potential purchase of Kinross Gold (NYSE:KGC) after speculation about a possible deal. Bristow said a Kinross (KGC) deal doesn't make financial sense and he characterized Kinross's core portfolio of gold mines in Brazil, the U.S. and West Africa as "marginal," according to a Globe & Mail report, which cited interview with Bristow. Although Bristow isn't interested in Kinross (KGC) he didn't rule out another large-scale acquisition in the next few years, according to the report. Also see from Wednesday, Barrick says Q1 'softer' as expected but on track to meet full-year guidance.

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Barrick Gold CEO rules out Kinross Gold purchase - report
Stock Information
Company Name: Kinross Gold Corporation
Stock Symbol: KGC
Market: NYSE
Website: kinross.com
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