Buchan to address CIM luncheon

The chief executive officer of Kinross Gold will address the Nov. 17 luncheon of the Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum.

Robert Buchan, who also serves as chairman and president of the gold-silver producer, will speak on “The Kinross story.”

A 25,000-oz. producer in June, 1993, Kinross has grown in size to 400,000 oz. per year. By the fourth quarter of 1995, the company expects to be producing at an annual rate exceeding 500,000 oz. gold and gold equivalent. The company’s rapid growth can be attributed to acquisitions and exploration work at its own projects, such as the Hoyle Pond mining operation near Timmins, Ont.

Buchan received a mining engineering degree in 1969 from Herriot-Watt University in Edinburgh and a master’s degree in mineral economics from Queen’s University in Kingston, Ont.

After three years with a mining equipment manufacturer, he became a mining analyst with a Canadian brokerage house. After four years with that company and another six years with an institutional boutique, he left to participate in the formation of CMP Funds Management, a major player in the flow-through era of the 1980s.

He also participated, in 1987, in the creation of associated companies DCC Equities and merchant banker Dundee Capital, serving on the executive boards of each.

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