Reuters  Sep 19  Comment 
Rick Clark, former chief executive of Red Back Mining Inc, has approached First Quantum Minerals with a view to buying the Guelb Moghrein copper and gold mine in...
Marketwire  Sep 17  Comment 
TORONTO, ONTARIO -- (Marketwire) -- 09/17/10 -- Kinross Gold Corporation (TSX: K)(NYSE: KGC) and Red Back Mining Inc. (TSX: RBI) are pleased to announce the completion of their previously announced plan of arrangement (the "Arrangement"). "Kinross
Marketwire  Sep 15  Comment 
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/15/10 -- Red Back Mining Inc. (the "Company" or "Red Back") (TSX: RBI) announces that at a special meeting held today Red Back's shareholders approved the previously announced plan of arrangement (the
Bloomberg  Sep 8  Comment 
  Kinross CEO Burt Says Red Back's Tasiast Mine Output Will Exceed Estimates Kinross Gold Corp. Chief Executive Officer Tye Burt said production at...
Marketwire  Sep 7  Comment 
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/07/10 -- Red Back Mining Inc. (the "Company" or "Red Back") (TSX: RBI) is pleased to report continued Resource growth at its 100% owned Tasiast Gold Mine ("Tasiast") in Mauritania. Since the previous
Marketwire  Sep 3  Comment 
TORONTO, ONTARIO -- (Marketwire) -- 09/03/10 -- Kinross Gold Corporation (TSX: K)(NYSE: KGC) and Red Back Mining Inc. (TSX: RBI) have re-affirmed their strong commitment to completing a friendly combination of the two companies, and have rejected the
Marketwire  Sep 1  Comment 
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/01/10 -- Red Back Mining Inc. (the "Company" or "Red Back") (TSX: RBI) today announced that Glass, Lewis & Co., LLC ("Glass Lewis") has provided a positive recommendation regarding the proposed
Marketwire  Aug 10  Comment 
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 08/10/10 -- Red Back Mining Inc. (TSX: RBI) (the "Company" or "Red Back") announced today that it has filed with the securities regulatory authorities a notice of special meeting of Red Back shareholders
BusinessWeek  Aug 3  Comment 
Trading of bullish options on Kinross Gold Corp., the Canadian miner that said yesterday it would buy Red Back Mining Inc. for $7.1 billion, surged to a record amid bets on a rally by September.
Canadian Business  Aug 3  Comment 
TORONTO - Kinross Gold Corp.'s proposed US$7.1-billion acquisition of Red Back Mining Inc. will give it assets in one of the world's most


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Redback Mining is a fast growing gold producer with mining activities in Ghana and Mauretania. The Canada based company is listed on the Toronto Stock Exchange under the Symbol RBI. Red Back is rapidly building a leading African gold producer. Red Back's two key projects are the Chirano Gold Mine in Ghana and the Tasiast Gold Mine in Mauritania. In addition, the Company holds an extensive exploration portfolio both in Ghana and Mauritania.

Since September 2010 Red Back Mining is part of Kinross Gold

Latest Key Figures

From the Q2 2008 quarterly report The Company’s highlights for the second quarter were:

  • Total gold production of 64,719 oz (year-to-date, 128,178 oz), in line with forecast for the year.
  • Average realized gold price of $900 per oz (year-to-date, $916 per oz) based on 67,089 oz of gold sold in quarter (year-to-date, 125,277 oz).
  • Net income of $23.5 million (year-to-date, $43.3 million).
  • Average monthly cash flow from operations, before changes in working capital, of $9.3 million (year-to-date, $9.5 million).
  • Cash operating costs of $434 per oz (year-to-date, $418 per oz).
  • Discovery of high grade mineralization below the Paboase South open pit at Chirano.
  • Tasiast moves to “owner-mining” by acquiring the contractor’s mining fleet.
  • Ongoing positive results from leaching tests at Tasiast.

In addition, early in the third quarter of 2008, the Company confirmed that, at Chirano, the underground reserves at Akwaaba Deeps increased to 1.04 million oz and open pit reserves have reached 1.38 million oz.

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