Investors Are Hopeful for a Resolution on Tasiast Phase Two
(Continued from Prior Part)Tasiast expansion The Tasiast expansion is vital for Kinross Gold (KGC) to replace its maturing production. During the company’s recent earnings call, it mentioned that it had completed the commissioning of the Phase One expansion successfully. The ramp-up of the SAG (semi-autogenous grinding) mill had also gone well. The company, however, stated during the call that the ramp-up in the mining rate and the completion of the SAG mill’s construction were going slower than planned. ...