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Kinross files updated technical report for existing operations at Tasiast

Toronto, Ontario, March 30, 2012 - Kinross Gold Corporation (TSX: K, NYSE: KGC) today filed an updated technical report with respect to the current operations at the Tasiast mine in Mauritania, including the Tasiast mineral resource and mineral reserve estimates as of December 31, 2011 previously announced by news release on February 15, 2012.   The current operations at Tasiast described in the technical report include the existing mine, CIL mill, dump leach facility, and Adsorption, Desorption and Refining (ADR) plant.

 

The updated Tasiast technical report does not reflect any of the various expansion processing scenarios being contemplated by the Company, all of which remain subject to ongoing studies, as previously disclosed. The technical report also assumes mining the current mineral reserve estimate only.

 

The technical report has 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 30, 2012, 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 2011 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.

 

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