Announced
Completed
Financials
Tags
gold exploration
Single Bidder
Canada
Public
Majority
Acquisition
Gold Mining
Domestic
Friendly
Privatisation
Completed
Synopsis
Kinross, a firm involved in the exploration, development, and production of gold, completed the acquisition of Great Bear Resources, a well-financed gold exploration company, for $1.45bn. "After their exciting and rewarding journey from acquisition through discovery, our shareholders and local stakeholders are now well positioned to benefit from Kinross' development and operational expertise. We look forward to following Kinross' progress as they advance one of Canada's best new gold discoveries towards what we believe will be one of Canada's best new gold mines," Chris Taylor, Great Bear President and CEO.
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