July 30, 2001
Toronto Ontario – Kinross Gold Corporation
(TSE-K; NYSE-KGC; pending Amex-KGC)
and its
subsidiary, Kinam Gold Inc.
(NYSE-KGC PrB; pending Amex-KGC PrB),
announce that the American
Stock Exchange®(Amex®) has approved the listings of the common shares of Kinross and the
preferred shares of Kinam on the Amex with the opening of trading on August 1, 2001. Consequently,
Kinross and Kinam have withdrawn the New York Stock Exchange (NYSE) appeal announced on June
13, 2001 regarding the delisting of these securities on the NYSE. The NYSE initiated delisting of Kinross
common shares, and by association Kinam preferred shares, for the sole reason that the common
shares of Kinross have been trading at a price below the US$1.00 minimum required for continued
listing on the NYSE. Kinross common shares and Kinam preferred shares will trade on the NYSE until
the market close on July 31, 2001 and begin trading on the Amex under the same stock symbols
beginning with the market opening of the Amex on August 1, 2001.
Bob Buchan, Chairman and CEO of Kinross, stated that "we are pleased that appropriate US listings
have been approved to facilitate the trading of these securities in the United States and to compliment
the Toronto Stock Exchange (TSE) listing of Kinross common shares. We are particularly pleased that
the cloud of uncertainty concerning continued US listings for Kinross and Kinam has been removed on
an expedited basis and with an expected seamless transition to the Amex. We look forward to a long
and mutually beneficial relationship with the American Stock Exchange and its member firms."
This press release includes certain "Forward-Looking Statements" within the meaning of section 21E of
the United States Securities Exchange Act of 1934, as amended. All statements, other than statements
of historical fact, included herein, including without limitation, statements regarding potential
mineralization and reserves, exploration results and future plans and objectives of Kinross Gold
Corporation ("Kinross"), are forward-looking statements that involve various risks and uncertainties.
There can be no assurance that such statements will prove to be accurate and actual results and future
events could differ materially from those anticipated in such statements. Important factors that could
cause actual results to differ materially from Kinross' expectations are disclosed under the heading
"Risk Factors" and elsewhere in Kinross' documents filed from time to time with the Toronto Stock
Exchange, the United States Securities and Exchange Commission and other regulatory authorities.
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For additional information contact:
Robert M. Buchan
Chairman and Chief Executive Officer
Tel.: (416) 365-5650
Gordon A. McCreary
Vice President, Investor Relations and Corporate Development
Tel.: (416) 365-5132
Brian W. Penny
Vice President, Finance