Toronto, Canada, March 30, 2011 - Kinross Gold
Corporation announced today that it is committing US$2.5 million to
build and help equip a new Medical Emergency Center in Mauritania.
The new emergency centre will be part of Mauritania's Grand
National Hospital located in Nouakchott, the nation's capital.
The announcement was made at a ground-breaking ceremony for the
centre in Nouakchott, attended by Mauritania's Minister of Health
Housseynou Hamady Ba, Kinross President and CEO Tye Burt, and other
Mauritanian government ministers and dignitaries.
The new emergency centre will provide much-needed additional
health care infrastructure for Mauritania. It will serve not only
the people of Nouakchott, a city of approximately one million
inhabitants, but also people from other parts of the country who
largely depend on Nouakchott as a centre for health care services
and resources. Currently, Nouakchott has only limited emergency
treatment facilities, which are required to handle all emergency
medical cases in the country.
"Contributing to health care resources and infrastructure is a
key area where we hope to make a positive impact in Mauritania,
working in cooperation with the government and health care
authorities," said Kinross President and CEO Tye Burt. "We believe
this new centre will give Mauritanian health care professionals
significant new resources to more effectively address an area of
urgent need for the entire country."
Planning and construction of the hospital are being coordinated
by the Ministry of Health, Kinross Tasiast's External Relations
Department, and local companies.
Kinross has also made significant commitments in the area of
education in Mauritania. In November 2010, the Company announced a
commitment of US$10 million to assist the government of
Mauritania in establishing a new mining school that will develop a
pool of skilled in-country professionals and technical experts to
support the future development of Mauritania's mining industry,
including the Company's recently acquired Tasiast mine.
Kinross completed the acquisition of the Tasiast mine on
September 17, 2010, as part of its combination with Red Back
Mining. The Company has been proceeding with an accelerated program
of exploration and development at Tasiast, which it believes to be
one of the world's most exciting gold properties.