On Friday, Shares of Kinross Gold Corporation (NYSE:KGC), lost -3.65% to $2.11, as some mining and related stocks move lower due to the slip in gold prices.
In other news, Kinross Gold Corporation will release its financial statements and operating results for the second quarter 2015 on Wednesday, July 29, 2015, after market close. On Thursday, July 30, 2015 at 8:00 a.m. ET Kinross will hold a conference call and audio webcast to talk about the results, followed by a question-and-answer session.
Kinross Gold Corporation, together with its auxiliaries, engages in the acquisition, exploration, and development of gold bearing properties. It is involved in mining and processing gold and silver ores.
Shares of Cheniere Energy, Inc. (NYSEMKT:LNG), inclined 1.72% to $65.64, during its last trading session.
Cheniere Energy Partners, declared that its Board of Directors has made a positive Final Investment Decision with respect to Train 5 of the Sabine Pass liquefaction project in Cameron Parish, Louisiana, and has issued a notice to proceed with construction to Bechtel Oil, Gas and Chemicals, Inc.. The Sabine Pass Liquefaction Project is being designed for up to six liquefaction trains, each with nominal production capacity of about 4.5 million tonnes per annum (“mtpa”). Train 5 is predictable to commence operations as early as 2018.
In order to fund Train 5 construction, Cheniere Partners’ wholly owned partner, Sabine Pass Liquefaction, LLC, has reached four credit facilities, which replace its existing credit facilities, for the incurrence of debt up to an aggregate amount of about $4.6 billion. The credit facilities comprise a Term Loan A Credit Facility of about $2.85 billion with a syndicate of 25 banks and financial institutions and an additional three credit facilities – one with The Export-Import Bank of Korea for its own account, one with Korean financial institutions supported by the Korea Trade Insurance Corporation and another with Korean financial institutions supported by The Export-Import Bank of Korea – collectively totaling $1.75 billion. These credit facilities complete the financing needed to fund the costs of developing, constructing and placing into service the first five liquefaction trains of the Sabine Pass Liquefaction Project. Additionally, Sabine Pass Liquefaction, LLC has commitments for a $1.2 billion revolving credit facility which is predictable to close in due course. Société Générale acted as financial advisor.
Cheniere Energy, Inc., an energy company, engages in the liquefied natural gas (LNG) related business. It operates through two segments, LNG Terminal Business, and LNG and Natural Gas Marketing Business.
Finally, Spirit Airlines, Inc. (NASDAQ:SAVE), ended its last trade with 3.89% gain, and closed at $63.28.
Spirit Airlines, will hold a conference call to talk about second quarter 2015 results on Friday, July 24, 2015 at 10:00 a.m. ET. A live, listen-only webcast of the conference call will be accessible at http://ir.spirit.com.
Spirit Airlines, Inc. provides low-fare airline services. As of June 30, 2015, it operated about 360 daily flights to 57 destinations in the United States, Caribbean, and Latin America. As of December 31, 2014, the company had a fleet of 65 Airbus single-aisle aircraft comprising 29 A319s, 34 A320s, and 2 A321s. Spirit Airlines, Inc. was founded in 1964 and is headquartered in Miramar, Florida.
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