40 King Street West, 52 Floor

Toronto, ON M5H 3Y2

Tel: 416 365 5123

Fax: 416 363 6622

Toll Free: 866-561-3636

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PRESS RELEASE

Status Update on Late Financial Statements Filing

April 15, 2005… Toronto, Ontario – Kinross Gold Corporation (“Kinross” or the “Company”)

(TSX-K; NYSE-KGC) provided a status update pursuant to the alternative information guidelines of the

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

Notice 57-301, pursuant to which Kinross will provide bi-weekly updates to the market regarding 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.

As previously announced, the Company hired an independent valuation team, Standard & Poor’s

Corporate Value Consulting, to provide valuations with respect to the purchase price allocation and

goodwill that arose from the 2003 business combination with TVX Gold Inc. and Echo Bay Mines Ltd.

Kinross has received the valuation models, and management is reviewing these models and the

accounting policies relating to goodwill with its auditors. When the review is complete the Company will

incorporate the results into its financial statements for 2003 and 2004 and any affected interim

statements. Upon completion of this process and the related audits the Company will complete its

regulatory filings.

On April 14, following a meeting by the OSC, the temporary management cease trade order was made

definitive, as is normal course. This order prohibits all trading by certain individuals who are or have

been directors, officers and other insiders of Kinross. These individuals have been notified of the

issuance of the definitive cease trade order. This cease trade order does not impact shareholders who

are not directors, officers or insiders of the Company.

The Company’s next scheduled bi-weekly status update will be released during the week of April 25,

2005.

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 the Kinross’ financial statements for its fiscal

year ended December 31, 2004, potential mineralization and reserves, exploration results and future plans and

objectives of Kinross Gold Corporation, 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. Any restatement of historical

financial statements is dependant on the outcome of the independent valuation of the acquired assets, and

Kinross does not know what that outcome will be. Other 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. All dollar amounts are expressed in US dollars.

For additional information, e-mail

info@kinross.com

or contact:

Christopher T. Hill

Vice President

Investor Relations

Tel. (416) 365-7254

Tracey M. Thom

Manager

Investor Relations

Tel. (416) 365-1362