Toronto, Ontario - December 14, 2010 - Kinross
Gold Corporation (TSX: K, NYSE:KGC) would like to provide a
reminder of the approaching deadline for certain former common
shareholders of Red Back Mining Inc. to make a joint tax election
to obtain a deferral on capital or income gains that would
otherwise be realized from the exchange of shares resulting from
the acquisition by Kinross of the shares of Red Back effective
September 17, 2010. The deadline for providing the requisite tax
information to Kinross is December 16, 2010. Details regarding the
tax election, including eligibility, are contained in the offer
documents and may be obtained at https://www.taxelection.ca/kinrossredback.