Toronto, Ontario, March 5, 2014 -- Unionized
employees at Kinross Gold Corporation's (TSX:K, NYSE:KGC) Maricunga
mine in Chile's Region III have initiated strike action following
the failure to reach agreement on a new collective agreement at the
mine. Mining operations at Maricunga have been suspended, while the
heap leach facility and processing plant remain in operation in
order to meet environmental compliance obligations. Kinross is
unable at this time to predict when striking employees may return
to work, or what the production impact may be, but will update the
market as appropriate. The Maricunga mine produced approximately
188,000 gold equivalent ounces in 2013.
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, employing approximately 9,000 people worldwide. 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