January 25, 1999

Toronto, Ontario –

KINROSS GOLD CORPORATION (TSE-K; NYSE – KGC)

announces that the

Board of Directors of Kinam Gold Inc. (formerly Amax Gold Inc.), a subsidiary, has approved a

quarterly dividend of U.S. $0.9375 per share on the U.S. $3.75 Series B. Convertible Preferred Stock

payable on February 15, 1999 to shareholders of record as of February 5, 1999. The ex-dividend date

for the preferred stock dividend is February 3, 1999.

The Kinam Gold U.S. $3.75 Series B Convertible Stock is listed on the New York Stock Exchange under

the trading symbol "KGCPrB".

-30-

For further information:

Robert M. Buchan

Chairman and Chief Executive Officer

Tel: (416) 365-5650

Brian W. Penny

Vice President, Finance and Financial Officer

Tel: (416) 365-5662

Home

•

Corporate

•

Operations

•

Investors

•

News

•

Contact

•

Search

•

Index