There were 1,495 press releases posted in the last 24 hours and 450,346 in the last 365 days.

Kinross Gold Corporation and Bema Gold Corporation, each 50% owners of Compania Minera Maricunga, are pleased to announce that binding arbitration

Toronto, Ontario -- Kinross Gold Corporation (TSX-K; Amex-KGC)andBema Gold Corporation(TSX-BGO; Amex-BGO),each 50% owners of Compania Minera Maricunga ("CMM"), are pleased toannounce that binding arbitration has ruled in favour of CMM on claims against Fluor Daniel ChileIngenieria y Construccion S.A., Fluor Daniel Corporation, and Fluor Daniel Wright Ltd. ("Fluor") fordamages relating to the original construction of the Refugio gold mine in northern Chile. The arbitratorhas concluded that Fluor was "grossly negligent" in certain aspects of the construction of the Refugiofacilities and has determined a net award in favour of CMM for US$20 million plus interest accumulatedfrom July 1999. In April of 1999 CMM initiated formal arbitration proceedings, against Fluor, to recovercosts related to numerous design and construction failures.

Cautionary Statement on Forward-Looking Information