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Kinross secures low-cost power for Brazil’s largest gold mine

Cecilia Jamasmie | February 15, 2018 | 8:22 am Base Metals Canada Latin America Copper 

Canadian miner Kinross Gold (TSX:G) (NYSE:KGC) has moved to secure low-cost power supply for its Paracatu mine, Brazil’s largest gold mine, by buying two hydroelectric plants for $257 million. With the acquisition of two hydroelectric plants, it expects to eliminate...

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