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SEC, DoJ probe Kinross Gold

Kinross Gold Corporation has said it is under investigation by the US Securities and Exchange Commission (SEC) and Department of Justice (DoJ) over its West Africa mining operations. The company said it had received SEC and DoJ subpoenas related to possible internal control deficiencies and improper payments to government officials.Toronto-based Kinross, which has mining operations in Mauritania and Ghana, said it first learned of the allegations in 2013 and launched an internal investigation. It subsequently received subpoenas from the SEC in March and December 2014, and July 2015, and from the DoJ in December 2014.

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