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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: jrhana who wrote (8237)3/4/2003 3:25:29 PM
From: marcos  Read Replies (1) | Respond to of 39344
 
Yes i agree completely, too scarey there, russians have never known a system under which exist rights and responsibilities we take for granted .... i think they will in time, but not soon, and in the meantime men with guns will rule

But russian assets are a small part of Kinross ... Fort Knox in Alaska the biggest of all, the most profitable to them .... this is from their preliminary 2002 results, on stockwatch a couple of weeks ago, might not paste in well, numbers are the ounces net to them -

' Fort Knox (100%) 410,519
Round Mountain (50%) 377,747
Kubaka (54.7% see below) 220,972 <--- Russia
Lupin (100%) 113,835
New Brittania (50%) 53,745
Kettle River (100%) 30,626
Blanket (100%) 41,612
Refugio (50%) 13,047

Joint venture gold
mines operated by
other companies

Porcupine (49%)(1) 189,464
Brasilia (49%) 110,035
La Coipa (50%) 149,284
Crixas (50%) 93,660
Musselwhite (32%) 66,879 '