Kinross Gold Corporation
40 King Street West, 52
nd
Floor
Toronto, ON M5H 3Y2
T:416.365.5123 | F: 416.363.6622
22
Toll free: 1.866.561.3636
www.kinross.com
N
EWS
R
ELEASE
June 20, 2006
Kinross Sells Blanket Mine to Caledonia Mining
Toronto – Kinross Gold Corporation
(TSX-K; NYSE-KGC) (“Kinross” or the “Company”) today
announced that it has entered into a definitive agreement with Caledonia Mining (TSX-CAL)
(“Caledonia”) to exchange Kinross’ Blanket Mine located in Zimbabwe for 20 million common
shares of Caledonia and US$1 million in cash. The sale does not impact Kinross’ production
profile or cash flow in the future as the asset was written down in 2002.
Caledonia is a diversified mining company with gold and PGE exploration in South Africa and
base metal and diamond exploration in Zambia.
About Kinross Gold Corporation
Kinross, a world-class gold company based in Canada, has since 1993 become the fourth largest
primary gold producer in North America and the eighth largest in the world. With nine mines in
stable countries including Canada, the United States, Brazil and Chile, Kinross employs more than
4,000 people worldwide.
Kinross’ strong balance sheet and no-gold hedging policy allow it to take full advantage of increasing
cash flow, revenues and profit margins per ounce of gold. Kinross is focused on a strategic objective
to maximize net asset value and cash flow per share through a four-point plan built on growth from
core operations; expanding capacity for the future; attracting and retaining the best people in the
industry; and driving new opportunities through exploration and acquisition.
Kinross maintains listings on the New York Stock Exchange (symbol:KGC) and on the Toronto Stock
Exchange (symbol:K).
For additional information, e-mail info@kinross.com or contact:
Investor Relations contact:
Tracey M. Thom
Director, Investor Relations
& Corporate Communications
Tel. (416) 365-1362
tracey.thom@kinross.com
Media contact:
Tim Tutsch
Wilcox Group
for Kinross Gold
Tel. (416) 203-6666
tim.tutsch@wilcoxgroup.com