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

Balance Sheet Strength and Flexibility

  • Robust liquidity position of $2.6 billion, including approximately $1 billion of cash1
  • Modest leverage – net debt to EBITDA ratio of 0.6x1
  • Strong financial position to finance Tasiast Phase Two and Round Mountain Phase W projects with existing liquidity
  • Kinross has no debt obligation until 2021
Footnotes
  • 1As at June 30, 2018

Senior Gold Producer

Senior Gold Producer

  • World’s fifth largest gold producer
  • 2018 production guidance: 2.5 million Au eq. oz. (+/- 5%)
  • Portfolio of seven mines located in three core regions: the Americas, West Africa, and Russia
  • Two-phased Tasiast expansion expected to transform the mine into a large, world-class operation with low costs

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 two-phased expansion at Tasiast is nearing completion and is on schedule to reach throughput of 12,000 tonnes per day by the end of June 2018
  • Phase W project at Round Mountain expected to extend mining by five years at one of Kinross’ top performing mines
  • Vantage Complex project is expected to initiate production in the South Area of the large Bald Mountain property
  • We recently approved the Fort Knox Gilmore project, which is expected to extend mine life by 6 years and strengthen our long-term U.S. production profile

We are also advancing a pipeline of future opportunities

  • Tasiast Sud feasibility study is expected to be complete in the second half of 2018
  • We are advancing permitting at the La Coipa Restart project and expect to initiate a feasibility study mid-year
  • 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
  • Named as one of Canada’s Best Corporate Citizens by Corporate Knights Magazine for 8th consecutive year in 2017
  • Spent over $2 billion in host countries through local purchasing, taxes and wages in 2016
  • Contributed to almost 800 community programs, initiatives and events bringing benefits to over 1 million beneficiaries in 2016
  • Achieved the top ranking among gold mining companies in the 2016 Globe and Mail annual corporate governance survey
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