Gold, Silver, and Copper ... as in Cerro Casale, Chile WOW!!!!
Kinross acquired its 49% interest in the Cerro Casale gold-copper deposit in northern Chile on February 28, 2007, through its acquisition of Bema Gold. Barrick Gold held the remaining 51% interest. As a result of a new shareholders agreement entered into with Barrick and an associated reorganization of the corporate ownership in September 2009, each of Kinross and Barrick now have a 50% interest.
Discovered in 1996, Cerro Cas… More
| Price | 10.96 |
| Price Change Today | -$0.13 (-1.17%) |
| P&P rating | ![]() |
| Zacks Rank | 3 - HOLD |
| Open Price | $11.20 |
| Previous Close | $11.09 |
| Daily Range | $10.92 - $11.32 |
| 52-Week Range | $9.96 - $18.25 |
| Volume | 6,803,237 |
| Kinross Gold Corporation is a gold mining company. The Company's mines are located in the regions of South America, North America, West Africa and Russia. Kinross Gold Corporation is based in Toronto, Canada. | |





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Kinross acquired its 49% interest in the Cerro Casale gold-copper deposit in northern Chile on February 28, 2007, through its acquisition of Bema Gold. Barrick Gold held the remaining 51% interest. As a result of a new shareholders agreement entered into with Barrick and an associated reorganization of the corporate ownership in September 2009, each of Kinross and Barrick now have a 50% interest.
Discovered in 1996, Cerro Casale is located 145 kilometres southeast of Copiapó, and is directly south of Kinross' Maricunga mine.
The Cerro Casale deposit is a large gold and copper orebody with reserves (100%) of approximately 21 million ounces of gold and 5 billion pounds of copper. It is reputedly one of the largest undeveloped gold/copper deposits in the world.
21 mil oz x $1192 = $25,032,000,000 ($25 Billion) in the ground
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With the outlook for a high rate of inflation for the next two [2] years gold is always a stable source of investment commodity.
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