AN OVERVIEW OF THE RECLAMATION OPERATIONS BUSINESS UNIT AT KINROSS GOLD CORPORATION

摘要

Incorporated in 1993, Kinross Gold Corporation (Kinross) has grown to become one of the top ten largest primary gold producers in the world with approximately 1.7 million ounces of equivalent gold production annually. Kinross has varying interests in 13 mines on four continents (Figure 1) and a robust pipeline of advanced exploration and development projects. Approximately 50 percent of our production is in the United States and over two-thirds in North America. This largely North American presence provides Kinross with a stable base for our global portfolio of mines. Kinross completed a merger with TVX and Echo Bay Mines on January 31, 2003, which vaulted the company into the ranks of the senior producers. Since then, Kinross has started an aggressive exploration program to expand its reserve base and further grow the Company. Kinross is in a strong financial position with virtually no debt, a large cash position and is completely unhedged.