Kinross, according to Yahoo Finance, has 47million ounces of proven and probable reserves. ARU's FDN deposit easily adds 50percent to that (about 20million ozs.). Assuming that the new mining law lets K keep all the other land w/in the 90,000 + hectares of concessions held, the chances are that ARU will eventually more than double K's current reserves; this is likely to be even bigger if the Western Fault is found within the ARU holding. Given the economies of scale that can be had with a concentration of reserves in one area like the ARU concession, I think it is fairly certain that K will be seeking suitors for its non Ecuadorean holdings, beginning with Russia, but likely to include Brazil and Chile and even the USA holdings. K is going to need some cash to develop and operate the ARU holdings, and the fastest way to get it is to sell some of these other, less than stellar, sites.
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