Toronto, Ontario -- Kinross Gold Corporation (TSE-K; NYSE-KGC) announced today the results for the three and six months ended June 30, 2000 are as follows:

Consolidated Results

Second Quarter

For the second quarter of 2000, cash flow provided from operations was $10.0 million or $0.03 per share, compared to $13.3 million or $0.04 per share for the three months ended June 30, 1999. The net loss for the second quarter of 2000 was $10.8 million or $0.04 per share, compared to $14.7 million or $0.05 per share net loss for the three months ended June 30, 1999.

Six Months

For the first half of 2000, cash flow provided from operations was $22.0 million or $0.07 per share, compared to $30.6 million or $0.10 per share for the first half of 1999. The net loss for the first half of 2000 was $18.6 million or $0.07 per share, compared to $24.7 million or $0.09 per share net loss for the six months ended June 30, 1999.

Cautionary Statement on Forward-Looking Information
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 potential mineralization and reserves, exploration results and future plans and objectives of Kinross Gold Corporation (“Kinross”), 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. 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.