Deal #5429

Mauritania
Created at
2017-04-05
Last update
2017-04-05

Land area

Intended size
31 200 ha
Size under contract (leased or purchased area)
  • [2010, current] 31200.0 ha
Comment on land area
312km²- 31,200ha

Intention of investment

Intention of investment
  • [current] Mining

Nature of the deal

Nature of the deal
Exploitation permit / license / concession (for mineral resources)

Negotiation status

Negotiation status
  • [2010, current] Concluded (Contract signed)
Comment on negotiation status
Kinross acquired Tasiast on September 17, 2010, as part of its takeover of Red Back Mining.

Implementation status

Implementation status
  • [2010, current] In operation (production)
Comment on implementation status
Operations originally in production in 2008. Operations were temporarily halted due to invalid work permits (2016).

Contract farming

Contract farming
No