Kinross proceeds with smaller $150m Tasiast expansion

Canadian miner Kinross Gold has announced a $150-million investment to incrementally expand the throughput capacity at its Tasiast mine, in Mauritania, to 24 000 t/d. The Tasiast 24k project comes at a significantly lower capital cost than the original 30 000 t/d Phase 2 expansion and was announced about a month-and-a-half after the country inaugurated a new President.