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Gold/Mining/Energy : Precious and Base Metal Investing

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To: Proud Deplorable who wrote (20503)9/15/2003 11:19:24 PM
From: Eva  Read Replies (1) of 39344
 
Just found this news:

BOSTON, Sept. 15 /CNW/ -- Fidelity Management & Research Company
and Fidelity Management Trust Company, of 82 Devonshire Street, Boston,
Massachusetts, USA, as well as Fidelity International Limited of 42 Crow Lane,
Pembroke, Bermuda ( hereinafter referred to as "Fidelity" ) announce that
certain fund accounts for which Fidelity serves as investment adviser have
purchased 500,000 shares of Kinross Gold Corp.'s outstanding common stock.
Fidelity has control but not ownership of these shares. As a result of the
purchase, Fidelity holds 44,421,939 shares ( or 13.12% ) of Kinross Gold Corp.'s
outstanding common stock and warrants convertible into common stock.
Fidelity's purchase of Kinross Gold Corp.'s outstanding common stock was
executed on the Toronto Stock Exchange.
Fidelity fund and trust account purchases have been made for investment
purposes only and not with the purpose of influencing the control or direction
of Kinross Gold Corp. The Fidelity funds and trust accounts may, subject to
market conditions, make additional investments in or dispositions of
securities of Kinross Gold Corp., including additional sales or purchases of
shares of common stock. Fidelity does not, however, intend to acquire 20% of
any class of the outstanding voting or equity securities of Kinross Gold Corp
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