Kinross sells entire stake in Asante within two weeks
Kinross Gold (TSX: K, NYSE: KGC) said on Tuesday it has sold its entire shareholding in Asante Gold (TSXV: ASE) at a discount, without providing reasons for the divestment.According to an early warning report, Kinross sold approximately 36.93 million of Asante’s shares, representing 5.2% of those outstanding, at a price of C2.20 and later rose to a 52-week high of C1.6 billion ($1.16bn).Kinross had alre ...