Toronto, Ontario, March 31, 2014 - Kinross Gold
Corporation (TSX: K, NYSE: KGC) today filed an updated technical
report for its Tasiast mine in Mauritania. The technical report
incorporates updates with respect to the current Tasiast operations
as well as comprehensive detailed supplemental disclosure regarding
the recently announced feasibility study results for a Tasiast
expansion and a resulting updated mineral resource and mineral
reserve estimate. The current operations at Tasiast described in
the technical report include the existing mine and processing
facilities, including a carbon-in-leach CIL plant, dump leach
facility, and Adsorption, Desorption and Refining (ADR) plant. The
Tasiast expansion scenario contemplates operations based on a
processing capacity of 38,000 tonnes per day consisting of a new
CIL plant with a primary crusher and SAG mill, and dump leach
facilities eventually being phased out but remaining available for
lower grade ore if it becomes economically
viable.
Today, the Company also filed an updated technical report with
respect to the current operations at the Paracatu mine in Brazil,
including the mineral resource and mineral reserve estimates as of
December 31, 2013 previously announced by news release on February
12, 2014. The current operations at Paracatu described in the
technical report include conventional open pit truck-and-shovel
mining, and two process plants with extraction of gold using
gravity, flotation, and CIL recovery processes.
These technical reports have been prepared pursuant to Canadian
Securities Administrators' National Instrument 43-101, and may be
found at www.kinross.com or under the Company's
profile at www.sedar.com.
On March 31, 2014, Kinross concurrently filed its Annual
Information Form ("AIF") in Canada under the Company's profile on
SEDAR at www.sedar.com, and its
annual report on Form 40-F ("40-F") in the U.S. under the Company's
profile on EDGAR at www.sec.gov.
The 40-F is largely comprised of the Company's 2013 annual audited
financial statements, management discussion and analysis and the
AIF, and is also available on SEDAR under the Kinross profile. All
of these Canadian and U.S. regulatory filings are also available on
the Company's website at www.kinross.com.
To access the Tasiast Technical Report,
please clickhere.
To access the Paracatu Technical Report, please clickhere.
About Kinross Gold Corporation
Kinross is a Canadian-based gold mining company with mines and
projects in Brazil, Chile, Ghana, Mauritania, Russia, and the
United States. Kinross maintains listings on the Toronto Stock
Exchange (symbol:K) and the New York Stock Exchange
(symbol:KGC).
Media Contact
Andrea Mandel-Campbell
Director, Corporate Communications
phone: 647-788-4179
andrea.mandel-campbell@kinross.com
Investor Relations Contact
Tom Elliott
Vice-President, Investor Relations
phone: 416-365-3390
tom.elliott@kinross.com