Why Invest in Kinross

Founded in 1993, Kinross Gold is a senior gold mining company with a diverse portfolio of mines and projects in the United States, Brazil, Chile, Ghana, Mauritania, and Russia. Headquartered in Toronto, Canada, Kinross employs approximately 9,300 people worldwide. The Company, which is celebrating its 25th anniversary, is focused on delivering value through operational excellence, balance sheet strength, disciplined growth, and responsible mining.

- J. Paul Rollinson, President & CEO

Investor Relations

Compelling Investment Opportunity

Attractive Trading Metrics

Attractive Trading Metrics

  • Compelling value opportunity due to large annual production, excellent operating track record and relatively low-risk growth opportunities
  • Attractive trading metrics:

Balance Sheet Strength and Flexibility

Robust Liquidity Position1,2

Balance Sheet Strength and Flexibility

  • Robust liquidity position of $2.0 billion1
  • Modest leverage – net debt to EBITDA ratio of 1.2x1
  • Strong financial position to finance portfolio of high quality development projects with operating cash flow and existing liquidity
  • Kinross has no debt obligation until 2021
Footnotes
  • 1 As at September 30, 2018
  • 2 Figures may not add due to rounding

Senior Gold Producer

Senior Gold Producer

  • World’s fifth largest gold producer
  • 2018 production guidance: 2.5 million Au eq. oz. (+/- 5%)
  • Portfolio of eight mines located in three core regions: the Americas, West Africa, and Russia
  • Portfolio high quality development projects located in each of our three operating regions

Technically Skilled Operator

Technically Skilled Operator

  • Industry-leading safety record 
  • Met or outperformed annual guidance on production, cost of sales and capital expenditures for past six years
  • Achieving operating efficiencies through strong culture of continuous improvement

Growth Opportunities

Growth Opportunities

Our portfolio of high quality development projects, with projects located in each of our three operating regions, is progressing well

  • Phase One of the Tasiast expansion is now complete and is expected to increase production and reduce operating costs
  • Phase W project at Round Mountain expected to extend mining by five years at one of Kinross’ top performing U.S. mines
  • Fort Knox Gilmore project is expected to extend mine life to 2030 and strengthen our long-term U.S. production profile
  • Vantage Complex project is expected to initiate production in the South Area of the large Bald Mountain property

We are also advancing a pipeline of future opportunities

  • We have initiated a feasibility study at the La Coipa Restart project and a scoping study at Lobo Marte to evaluate the potential for a return to production in Chile
  • Our exploration program is focused on high-quality brownfield targets and the discovery of new resources within existing footprint of our mines

Industry Leader in Responsible Mining

Industry Leader in Responsible Mining

  • Strong safety record among the best of its peers
  • Spent $2.8 billion in host countries through local purchasing, taxes and wages in 2017
  • 97.7% of workforce from host countries
  • Reached more than 850,000 beneficiaries through community programs
  • Maintained top-tier position in The Globe and Mail annual corporate governance survey
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