Kinross Gold Corporation (GFI.US) sells 50.47 million shares of Canadian gold miner Galiano Gold, cashing out 150 million Canadian dollars.

According to the news from iFeng Finance APP, South African gold producer Gold Fields (GFI.US) announced on Tuesday that its subsidiaries Marsh Holdings and Gold Fields Orogen Holding have collectively sold 50.47 million common shares of Canadian gold mining company Galiano Gold, accounting for approximately 19.5% of Galiano's issued shares.