Kinross World Tracker

x
3.84
0.06 (1.59%)
TSX:K
2.86
0.01 (0.35%)
NYSE:KGC
1243.7
-3.1 (-0.25%)
GOLD
  • -12
    °C
    12/10, 3:53pm
    Fort Knox, Alaska
    0
    °C
    12/10, 7:53pm
    Toronto, Ontario
    0
    °C
    12/10, 4:53pm
    Kettle River-Buckhorn, Washington
    1
    °C
    12/10, 4:53pm
    Round Mountain, Nevada
  • -1
    °C
    12/10, 4:53pm
    Bald Mountain, Nevada
    15
    °C
    12/10, 10:53pm
    Maricunga, Chile
    19
    °C
    12/10, 10:53pm
    Paracatu, Brazil
    15
    °C
    12/11, 12:53am
    Mauritania, West Africa
  • 24
    °C
    12/11, 12:53am
    Chirano, Ghana
    0
    °C
    12/11, 3:53am
    Moscow, Russia
    -16
    °C
    12/11, 10:53am
    Magadan, Russia
    -28
    °C
    12/11, 10:53am
    Kupol, Russia
    18
    °C
    12/11, 12:53am
    Las Palmas, Spain
    19
    °C
    12/10, 9:53pm
    Belo Horizonte, Brazil
3.84
0.06 (1.59%)
TSX:K
2.86
0.01 (0.35%)
NYSE:KGC
1243.7
-3.1 (-0.25%)
GOLD
  • -12
    °C
    12/10, 3:53pm
    Fort Knox, Alaska
    0
    °C
    12/10, 7:53pm
    Toronto, Ontario
    0
    °C
    12/10, 4:53pm
    Kettle River-Buckhorn, Washington
    1
    °C
    12/10, 4:53pm
    Round Mountain, Nevada
  • -1
    °C
    12/10, 4:53pm
    Bald Mountain, Nevada
    15
    °C
    12/10, 10:53pm
    Maricunga, Chile
    19
    °C
    12/10, 10:53pm
    Paracatu, Brazil
    15
    °C
    12/11, 12:53am
    Mauritania, West Africa
  • 24
    °C
    12/11, 12:53am
    Chirano, Ghana
    0
    °C
    12/11, 3:53am
    Moscow, Russia
    -16
    °C
    12/11, 10:53am
    Magadan, Russia
    -28
    °C
    12/11, 10:53am
    Kupol, Russia
    18
    °C
    12/11, 12:53am
    Las Palmas, Spain
    19
    °C
    12/10, 9:53pm
    Belo Horizonte, Brazil

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CAT Alliance

Kinross renews its global alliance with Caterpillar

Kinross recently renewed its five-year global alliance agreement with Caterpillar, the world’s largest mining equipment manufacturer.

The agreement is a framework for doing business with our single biggest supplier for all of our mining equipment such as trucks and loaders. Benefits of the alliance with Caterpillar include discounts on parts, services and machinery.

Last year, Kinross was able to realize savings of approximately $13-million in maintenance, supply chain and Continuous Improvement (CI) projects from the partnership.

Nicholas Macan, Senior Manager, Supply Chain Enablement and Mobile Equipment, negotiated the new agreement and expects many operational and supply chain benefits. It also helps with CI innovation, a main driver in lowering operating costs for the Company.

“Cost savings aren’t the only benefit,” said Nicholas. “The alliance brings a global relationship with Caterpillar, and their direct support in resolving technical and dealer issues. For example, when we wanted to deliver a 6060 shovel to Round Mountain that had originally been purchased for Tasiast, Caterpillar facilitated the transfer of the sale to the alternate dealer at no additional cost.”



Paul Tomory, Senior Vice-President, Operations Strategy, Phil Kelliher, Caterpillar’s Vice President, Distrubution, Americas and Warwick Morley-Jepson, Executive Vice-President  & Chief Operating Officer sign the agreement


 

Kinross employees from around the world met with Caterpillar to discuss details of the renewed alliance

 

 
© Kinross Gold Corp. 2018 Legal Disclaimer