KINROSS announces that the Board of Directors of Kinam Gold Inc., a subsidiary, has suspended the quarterly dividend
Toronto, Ontario -- KINROSS GOLD CORPORATION (TSE - K; NYSE - KGC) announces that the Board of Directors of Kinam Gold Inc., a subsidiary, has suspended the quarterly dividend on the U.S. $3.75 Series B Convertible Preferred Stock payable on August 15, 2000. This decision has been taken by the board as a cash conservation measure due to the persistence of low gold prices and will be reviewed by the board on a quarterly basis.
The Kinam Gold U.S. $3.75 Series B Convertible Stock is listed on the New York Stock Exchange under the trading symbol "KGCPrB".
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