Kinross Inks Deal With Export Development Canada To Have EDC Guarantee Letter Of Credit Facility For Up To US$125 Mln - Quick Facts

Kinross Gold Corp. (KGC) said it reached an agreement with Export Development Canada to have EDC guarantee a Letter of Credit Facility for up to US$125 million. Letters of credit guaranteed under this new facility are expected to be available in respect of reclamation liabilities at Fort Knox, Round Mountain, and Kettle River-Buckhorn mine sites. The new facility would expire in November 2012.

by RTTNews Staff Writer

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