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Kinross sells 4.7% stake in Lundin

By:  
Creamer Media Deputy Editor: North America
 
PORTFOLIO MANAGEMENT
Gold producer Kinross Gold has agreed to sell a 4.7% stake in Lundin Mining to GMP Securities, amounting to 5.5-million common shares at C$5.60 apiece. Kinross on Monday said the deal was part of its portfolio management strategy and would generate C$30.8-million in gross proceeds.
 
 
 
 
 

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