Environment

A proven commitment to effective environmental stewardship is a key element of the ongoing success of Kinross Gold Corporation. At Kinross, a strong environmental ethic and sound environmental management program have been integrated with core business functions at all levels, and at all locations throughout the organization. Kinross believes that sound environmental management practices cannot be separated from good management principles.

Some of the corporate programs Kinross has implemented that have established its track record of environmental excellence include:

Comprehensive environmental compliance audits are conducted at all operations and at selected residual properties on a bi-annual basis. The audit program assesses compliance with applicable legal requirements, measures effectiveness of management systems, and includes procedures to ensure timely follow-up on audit findings.

Kinross has identified operational parameters that are key indicators of environmental performance, and measures these indicators on a regular basis. The Company tracks an index of these key performance indicators and sets performance targets to encourage continuous environmental improvement.

To effectively manage environmental risk, a program is in place to routinely assess the management and stability of tailings and heap leach facilities. It includes a detailed water balance accounting, to assure sufficient storage capacity, and a review of operational procedures. Every Kinross operation has a tailings or heap management plan in place.

Kinross recognizes its responsibility to manage the environmental change associated with its operations, and has established a specific business unit to address the Company’s reclamation and closure obligations in a way that demonstrates excellence and establishes industry-wide leadership through example. Click here for residual operations.

The results of these programs have been recognized by others within and outside the mining industry. Examples of significant recognition of Kinross’ efforts are listed below.

• DeLamar Mine - Excellence in Reclamation-Hardrock Mines - Idaho Interagency Awards Committee (Idaho Department of Lands, Idaho Department of Environmental Quality, Idaho Department of Water Resources, Idaho Fish and Game, US Forest Service, and US Bureau of Land Management) – 2005-2006

• DeLamar Mine – Northwest Mining Association Excellence in Reclamation Award 2005

• Paracatu – Valor Carriera Magazine “best companies for people management” 2004, 2005

• Manhattan Mine – Bureau of Land Management National Hardrock Mining Reclamation Award, 2004

• Paracatu Mine – Exame Magazine “Great Place to Work” 2003, 2004

• Round Mountain Mine – Nevada Excellence in Mine Reclamation Award – 2003

• Round Mountain Mine – Nevada Division of Wildlife Habitat Restoration Award - 2003

• Another Kinross Gold success story: Fort Knox reclamation in Mining Environmental Management Magazine - March 2004 (Go to Fort Knox Mine)

• QR Mine – Jake MacDonald Mine Reclamation Award (British Columbia) – 2002

• Kinross Gold Corporation - Corporate Knights “Canada’s Most Environmentally Responsible Companies” 2002

• Omolon Gold Mining Company - Government of the Russian Federation “Russian Organization of High Social Effectiveness” – 2001

• Manhattan Mine – Nevada Excellence in Mine Reclamation Award– 2000

• Hayden Hill Waste Rock and Lookout Pit Closure - California Mining Association Excellence in Reclamation Award – 2000

• Fort Knox - Alaska Department of Natural Resources Reclamation Award - Reclamation of legacy placer mining remnants in the Fish Creek – 2000

• Refugio Mine – Chilean National Forestry Service “continued support in preserving the environment in the high Andes mountains" – 2000

• Kettle River Operations - Association of Washington Business ((AWB) Community Service Award in Education (2003), AWB Certificate of Continuous Improvement in Education (2002, 2003), AWB Environmental Excellence Award (1998, 1999), Washington Arbor Day Council Group Project Award (1995-1999).

• Sleeper Pit Lake - Nevada Excellence in Mine Reclamation 2002, Renew America and the National Awards Council for Environmental Sustainability Certificate of Environmental Achievement – 1999