40 King Street West, 52

nd

Floor

Toronto, ON M5H 3Y2

www.kinross.com

Tel: 416 365 5123

Fax: 416 363 6622

Toll Free: 866-561-3636

Kinross Provides Status Update on Late Filing of Financial

Statements

January 6, 2006… Toronto, Ontario – Kinross Gold Corporation (“Kinross” or the

“Company”)

(TSX-K; NYSE-KGC). Pursuant to the alternative information guidelines of the

Ontario Securities Commission (“OSC”) Policy 57-603 and Canadian Securities Administrators

Staff Notice 57-301, Kinross is providing a notice to the market regarding a restatement of its

prior financial statements and an update on the process relating to the preparation and filing of

its financial statements and related matters, until such time as Kinross is current with its filing

obligations under Canadian securities laws.

Kinross previously disclosed that financial statements for 2003 and 2004 will need to be

restated due to the non-cash impact of foreign exchange rates on future tax liabilities relating to

the purchase of certain assets acquired in the acquisition of TVX Gold and Echo Bay in January

2003. Kinross is currently working to finalize and file its quarterly financial statements for 2005

and other required regulatory filings in order to bring the Company current. This will be done

when the restated 2003 and 2004 financial statements are completed which at this time the

Company believes will be in January 2006.

We are issuing bi-weekly updates as to the status and timing which can be viewed on our

website at www.kinross.com. The next update is scheduled for the week of January 16th, 2006.

For additional information, e-mail

info@kinross.com

or contact:

Christopher T. Hill

Senior Vice President,

Corporate Communications

Tel. (416) 365-7254

Tracey M. Thom

Director, Investor Relations

and Communications

Tel. (416) 365-1362