Why Kinross?

With an industry-leading growth profile, a growing reserve base, and strong operating and financial results, Kinross is uniquely positioned among senior gold producers to generate value for shareholders.

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Download 2010 Annual Report
Key Objectives for 2011

ADVANCING OUR PROJECTS

  • Complete Tasiast scoping study
  • Complete Fruta del Norte pre-feasibility study
  • Complete Dvoinoye scoping study
  • Complete Lobo-Marte feasibility study
  • Complete Fruta del Norte feasibility study

OPTIMIZING THE ASSET BASE

  • Declare NI 43-101 resource at Dvoinoye
  • Expand Tasiast drilling campaign and increase reported mineral resources
  • Complete purchase of Kupol minority interest for cash
  • Complete commissioning of the 3rd ball mill at Paracatu
  • Commence construction of the 4th ball mill at Paracatu
  • Commission ADR plant at Maricunga
  • Commence commissioning of new dump leach facility at Tasiast
  • Negotiate Fruta del Norte exploitation agreement

BUILDING FINANCIAL STRENGTH / DELIVERING RESULTS

  • Establish investment grade credit ratings for Kinross (previously un-rated)
  • Complete $1 billion inaugural bond offering at a blended rate of 5.28%
  • Receive binding commitments for $200 million non-recourse financing for Kupol
  • Achieve full year production of 2.6 - 2.7 million gold equivalent ounces
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Growing Production
In the first nine months of 2011, Kinross' attributable gold equivalent was 1,967,085 ounces, a 19% increase from the same period last year.
Expanding Margins
Kinross' attributable margin for the first nine months of 2011 was $866 per gold equivalent ounce, a 33% increase from the same period in 2010.
Increasing Cash Flow
Adjusted cash flow per share for the first nine months of 2011 was $1.08 per share, a 4% increase from the same period last year.

*Adjusted operating cash flow is defined as cash flow from operations excluding certain impacts which the Company believes are not reflective of the Company's regular operating cash flow, and also excludes changes in working capital.

This web page contains forward-looking information. Forward-looking statements are provided for the purpose of providing information about management's expectations and plans relating to the future. Readers are cautioned that actual results may differ materially from those set forth herein and are referred to our Legal Disclaimer for more information.