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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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From: Wade	4/30/2013 10:30:18 PM
	1 Recommendation Read Replies (1) of 48092

Houston, We got a problem. business.financialpost.com Kinross Gold sees US$2.7-billion initial capital cost for Tasiast mine TORONTO – After two and a half years of work at its troubled Tasiast project, Kinross Gold Corp. still has a lot to prove. On Monday, Kinross released a long-awaited pre-feasibility study on the proposed expansion of Mauritania-based Tasiast. The company called the results “encouraging” and elected to move ahead with a full feasibility study. But analysts and investors were far from thrilled. Put simply, the study results did not confirm that the project would generate a strong return on investment. Instead, they confirmed a lot of work still needs to be done. ..more

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