{"id":8393,"date":"2012-02-28T02:39:16","date_gmt":"2012-02-28T00:39:16","guid":{"rendered":"http:\/\/www.myza.co.za\/02\/update-1-kinross-may-sell-its-stakes-in-crixas-cerro-casale\/"},"modified":"2012-02-28T02:39:16","modified_gmt":"2012-02-28T00:39:16","slug":"update-1-kinross-may-sell-its-stakes-in-crixas-cerro-casale","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/update-1-kinross-may-sell-its-stakes-in-crixas-cerro-casale\/","title":{"rendered":"UPDATE 1-Kinross may sell its stakes in Crixas, Cerro Casale"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* CEO says Kinross would consider selling certain assets<\/p>\n<p><span><\/span><\/p>\n<p>* Says firm does not need to sell assets to fund growth<\/p>\n<p><span><\/span><\/p>\n<p>* CEO says &#8220;open to ideas&#8221; on stake in Crixas gold mine<\/p>\n<p><span><\/span><\/p>\n<p>* May consider selling remaining stake in Cerro Casale<\/p>\n<p><span><\/span><\/p>\n<p>TORONTO, Feb 27 (Reuters) &#8211; Kinross Gold<br \/>\n may consider selling its 50 percent interest in the<br \/>\nCrixas underground gold mine in Brazil and its 25 percent stake<br \/>\nin the Cerro Casale gold-silver-copper project in Chile, Chief<br \/>\nExecutive Tye Burt said on Monday.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;Would we dispose of further assets? Of course,&#8221; said Burt<br \/>\nin response to a question at the BMO Global Metals and Mining<br \/>\nConference in Hollywood, Florida.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;We do have a tradition of monetizing or selling assets &#8230;<br \/>\nso that&#8217;s a continuous portfolio review process,&#8221; he said.<\/p>\n<p><span><\/span><\/p>\n<p>Last year, the Canadian company sold an 8.5 percent equity<br \/>\ninterest in diamond miner Harry Winston for about C$100<br \/>\nmillion. This followed its 2010 sale of a 22.5 percent interest<br \/>\nin the partnership holding Harry Winston&#8217;s 40 percent interest<br \/>\nin the Diavik Diamond Mines joint venture.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* CEO says Kinross would consider selling certain assets * Says firm does not need to sell assets to fund growth * CEO says &#8220;open to ideas&#8221; on stake in Crixas gold mine * May consider selling remaining stake in Cerro Casale TORONTO, Feb 27 (Reuters) &#8211; Kinross Gold may consider selling its 50 percent [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-8393","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/8393","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=8393"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/8393\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=8393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=8393"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=8393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}