Latest news with #WhiteGold
Yahoo
a day ago
- Business
- Yahoo
Canaccord Genuity Maintains a Buy on Kinross Gold (KGC) With a C$28 PT
Kinross Gold Corporation (NYSE:KGC) is one of the most profitable gold stocks to buy right now. In a report released on July 23, Carey MacRury from Canaccord Genuity maintained a Buy rating on Kinross Gold Corporation (NYSE:KGC) with a price target of C$28.00. Aerial shot of a mine entrance, the bedrock of the company's gold and silver extraction. In other news, Kinross Gold Corporation (NYSE:KGC) reported on July 25 that it sold an aggregate of 23,681,160 common shares of White Gold Corp., which represented all of the common shares held by KGC, at an average sales price of C$0.29 (excluding commission). This translates to an aggregate sale price of C$6,869,905.51. Management stated that the shares represented around 12% of the outstanding White Gold common shares. Based in Canada, Kinross Gold Corporation (NYSE: KGC) is a global senior gold mining company operating in the US, Brazil, Mauritania, Chile, and Canada. Its projects include Fort Knox, Round Mountain, Bald Mountain, Manh Choh, Paracatu, La Coipa, Lobo-Marte, Tasiast, and the Great Bear projects. While we acknowledge the potential of KGC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Toronto Star
5 days ago
- Business
- Toronto Star
Kinross announces sale of shares of White Gold
(All dollar amounts are expressed in Canadian dollars, unless otherwise noted.) TORONTO, July 25, 2025 (GLOBE NEWSWIRE) — Kinross Gold Corporation ('Kinross' or the 'Company') (TSX: K, NYSE: KGC) announced today that it has sold an aggregate of 23,681,160 common shares of White Gold Corp. ('White Gold') representing all of the common shares held by Kinross. The shares represent approximately 12% of the outstanding White Gold common shares. The shares were sold at an average sales price of $0.29 (excluding commission), representing an aggregate sale price of $6,869,905.51.


Hamilton Spectator
5 days ago
- Business
- Hamilton Spectator
Kinross announces sale of shares of White Gold
(All dollar amounts are expressed in Canadian dollars, unless otherwise noted.) TORONTO, July 25, 2025 (GLOBE NEWSWIRE) — Kinross Gold Corporation ('Kinross' or the 'Company') (TSX: K, NYSE: KGC) announced today that it has sold an aggregate of 23,681,160 common shares of White Gold Corp. ('White Gold') representing all of the common shares held by Kinross. The shares represent approximately 12% of the outstanding White Gold common shares. The shares were sold at an average sales price of $0.29 (excluding commission), representing an aggregate sale price of $6,869,905.51. A copy of the early warning report filed by Kinross in connection with the investment will be available on White Gold's profile on SEDAR+ at . Alternatively, you may contact Luke Crosby, Senior Vice President, General Counsel and Corporate Secretary at 647-788-4478 to obtain a copy of the report. Kinross is organized under the laws of the Province of Ontario and its head office is located at 25 York Street, 17th Floor, Toronto, Ontario M5J 2V5. White Gold's head office is located at 82 Richmond Street East, Toronto, Ontario, M5C 1P1. About Kinross Gold Corporation Kinross is a Canadian-based global senior gold mining company with operations and projects in the United States, Brazil, Mauritania, Chile and Canada. Our focus is on delivering value based on the core principles of responsible mining, operational excellence, disciplined growth, and balance sheet strength. Kinross maintains listings on the Toronto Stock Exchange (symbol: K) and the New York Stock Exchange (symbol: KGC). Media Contact Samantha Sheffield Director, Corporate Communications phone: 416-365-3034 Investor Relations Contact David Shaver Senior Vice-President, Investor Relations & Communications phone: 647-365-2854 investorrelations@ Source: Kinross Gold Corporation


Associated Press
5 days ago
- Business
- Associated Press
Kinross announces sale of shares of White Gold
(All dollar amounts are expressed in Canadian dollars, unless otherwise noted.) TORONTO, July 25, 2025 (GLOBE NEWSWIRE) -- Kinross Gold Corporation ('Kinross' or the 'Company') (TSX: K, NYSE: KGC) announced today that it has sold an aggregate of 23,681,160 common shares of White Gold Corp. ('White Gold') representing all of the common shares held by Kinross. The shares represent approximately 12% of the outstanding White Gold common shares. The shares were sold at an average sales price of $0.29 (excluding commission), representing an aggregate sale price of $6,869,905.51. A copy of the early warning report filed by Kinross in connection with the investment will be available on White Gold's profile on SEDAR+ at Alternatively, you may contact Luke Crosby, Senior Vice President, General Counsel and Corporate Secretary at 647-788-4478 to obtain a copy of the report. Kinross is organized under the laws of the Province of Ontario and its head office is located at 25 York Street, 17th Floor, Toronto, Ontario M5J 2V5. White Gold's head office is located at 82 Richmond Street East, Toronto, Ontario, M5C 1P1. About Kinross Gold Corporation Kinross is a Canadian-based global senior gold mining company with operations and projects in the United States, Brazil, Mauritania, Chile and Canada. Our focus is on delivering value based on the core principles of responsible mining, operational excellence, disciplined growth, and balance sheet strength. Kinross maintains listings on the Toronto Stock Exchange (symbol: K) and the New York Stock Exchange (symbol: KGC). Media Contact Samantha Sheffield Director, Corporate Communications phone: 416-365-3034 [email protected] Investor Relations Contact David Shaver Senior Vice-President, Investor Relations & Communications phone: 647-365-2854 [email protected] Source: Kinross Gold Corporation


Fibre2Fashion
22-07-2025
- Business
- Fibre2Fashion
Mongolia, Kyrgyzstan sign MoU on cooperation in wool processing
During the recent state visit of Mongolian President Ukhnaagiin Khurelsukh to Kyrgyzstan, a number of bilateral agreements were signed that included a memorandum of understanding (MoU) on cooperation in wool processing. All the agreements are aimed at increasing joint cooperation. Mongolian Minister of Food, Agriculture and Light Industry Enkhbayar Jadamba and Kyrgyz Deputy Prime Minister and Minister of Water Resources, Agriculture and Processing Industry Bakyt Torobayev signed the MoU on cooperation in wool processing. During the recent state visit of Mongolian President Ukhnaagiin Khurelsukh to Kyrgyzstan, a number of bilateral agreements were signed that included an MoU on cooperation in wool processing. Both sides will implement joint projects in wool product supply, processing and promotion, while exchanging information and fostering business relations for mutual benefit. Within the framework of the 'White Gold' National Movement of Mongolia, Mongolian wool would be exported to Kyrgyzstan. Both sides will implement joint projects in wool product supply, processing and promotion, while exchanging information and fostering business relations for mutual benefit, according to Kyrgyz media outlets. Launched last year, the White Gold National Campaign is aimed at revitalising the light industry, stimulating the economic circulation of raw materials of animal origin, creating new jobs in the sector, raising production of value-added goods, boosting herders' incomes and improving their livelihoods. An agreement on scientific cooperation between the Kyrgyz National Academy of Sciences and the Academy of Sciences of Mongolia was also signed. Fibre2Fashion News Desk (DS)