Kinross Gold Corporation (NYSE:KGC) on DJSI for third time

Posted by Lynn Eisler September 13, 2013 0 Comment 950 views

Kinross Gold Corporation (NYSE:KGC) has announced that it has now been named to the DJSI- the Dow Jones Sustainability World Index for the third year in a row. It has also been named to the Dow Jones Sustainability North America Index for the 4th time in a row.

The honor

The executive Vice-President of Corporate Affairs at Kinross Gold Corporation (NYSE:KGC), James Crossland said that the company is honored to have been included amongst international leaders in corporate-responsibility via its listing on this index. He said that this is a testament to their employees’ ongoing and very strong commitment to conducting mining in a responsible manner

The DJSI comprises of numerous global sustainability leaders via a corporate sustainability assessment. It represents the topmost 10 percent of the biggest 2,500 different companies in the index based on a very detailed analysis of environmental, corporate economic and social performance.

The Thursday session

In Thursday’s trading, Kinross Gold Corporation (NYSE:KGC) dipped by 5.89%. The opening price of the company’s shares was $5.21 which touched an intraday high of $5.32 and closed at $5.11. More than 10.80 million KGC shares were traded in the Thursday trading session while the average volume of the company’s shares traded over a 30 day period was 12.82 million.

About the company

Kinross Gold Corporation (NYSE:KGC) is involved in the mining of gold and its related activities. This includes exploration and acquiring numerous gold-bearing properties and extraction and the processing of gold-containing ore as well as reclaiming various gold mining properties. The company is also a silver producer and seller. Its gold producing and exploring activities are conducted primarily in the U.S, Canada, Brazil, the Russian Federation, Chile, Ecuador Ghana and Mauritania. The gold that the company produces comes in dore-form that is then shipped to different refineries for the final processing operation.

About Lynn Eisler

Lynn Eisler is a national news reporter focusing on economic issues, data analysis and the financial health of state and local governments. Lynn has been honored with the H.L. Mencken Award for Investigative Reporting, the Champion of Justice Award for reporting on the drug war, and the John Hancock Award for business reporting. Lynn was also a Knight Medical School Fellow at the University of Michigan.

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