Presentation Transcript

1. EFFECTIVE INVESTMENTS IN RUSSIA’S GOLD MINING INDUSTRY Lou Naumovski, Vice-President and General Manager, Moscow Representative Office, Russia October 18 2012 Moscow, Russia
2. Cautionary statement on forward-looking information 
3. OPERATING MINES AND DEVELOPMENT PROJECTS IN 4 CORE REGIONS Diversified portfolio of assets located in some of the world’s best gold districts RUSSIA Dvoinoye Kupol Fort Knox Kettle River - Buckhorn Round Mountain NORTH AMERICA Tasiast Chirano 2012E WEST AFRICA Fruta del Norte 2.5 – 2.6 million ounces of gold equivalent production(1,2) Paracatu La Coipa Lobo-Marte Maricunga GLOBAL PORTFOLIO SOUTH AMERICA Operating mine Development project Please refer to endnote #1. Please refer to endnote #2.
4. KINROSS IN RUSSIA DVO KUP KUPOL 2007 – Kinross completes the acquisition of Bema Gold Corporation, acquiring a 75% interest (less one share) in Kupol 2010 – Kinross acquires the high-grade Dvoinoye deposit and the Vodorazdelnaya property. 2011 – Kinross increases its ownership in the strategic Kupol deposit and the Kupol East-West exploration licenses to 100%. DVOINOYE
5. KUPOL (100%) Completed transaction increasing ownership to 100% from 75% on April 27, 2011 High-grade underground mine with 3,500 tpdmillexpected to be upgraded to 4,500 tpd Produced over 3 million gold eq ounces 1st mine in Russia to obtain Cyanide Code Certificate Kinross increased its ownership in the Kupol mine to 100% on April 27, 2011. As a result, the results up to April 27, 2011 reflect 75% ownership, and results thereafter reflect 100% ownership. (1) Please refer to endnote #3.
6. Contributing to Economic & Social Development in 2011 KUPOL FOUNDATION (2009-1H2012): > 30 PROJECTS: > 20 million rubles Kupol Foundation Projects Funding from Kupol Foundation (in Rubles) SMEs > 0,5 mln SMEs (2) Health (> 3 mln) Education (5) Local Traditions of Indigenous Peoples (> 12,5 mln) Local Traditions of Indigenous People (18) Education (> 4,5 mln) Health (7)
7. Implementing Mining Best Practices in Russia “Super Skin” Technology in Underground Works Increase of Au Recovery with ACACIA Reactor Automated Lubrication System for Lime Ball Mill Machine Hydraulic System Improvement Surface Truck GPS/Glonass Management System PITRAM Automatic Recording System
8. White Paper Objectives Provide an overview of the global exploration business and examples of policies and regulations in successful mining jurisdictions. Examine exploration and mine development from the perspective of capital markets and to provide insight into how Russia might consider developing an expertise in this area. Consider ways that Russia could encourage increased investment levels of FDI in mineral exploration and development through changes to current laws and regulations.
9. ENDNOTES For more information regarding Kinross’ production and cost outlook for 2012, please refer to the news release dated August 8, 2012, available on our website at www.kinross.com. Unless otherwise noted, gold equivalent production, gold equivalent ounces sold and production cost of sales figures in this presentation are based on Kinross’ 90% share of Chirano production, and do not include production from Crixas, due to the sale of Kinross’ 50% ownership completed June 28, 2012. For more information regarding Kinross’ mineral reserves and mineral resources, please refer to Kinross’ Annual Mineral Reserve and Mineral Resource Statement as of December 31, 2011, contained in the press release dated February 15, 2012 available on our website at www.kinross.com.
10. KINROSS GOLD CORPORATION www.kinrossgold.ru│ www.kinross.com│ www.кинросс.рф