Businessweek

Kinross Gold Corporation engages in the acquisition, exploration, mining, and processing of gold bearing properties in the Americas, the Russian Federation, west Africa and worldwide. The principal products of the company are gold and silver produced in the form of doré that is shipped to refineries for final processing. The company’s share of proven and probable mineral reserves, as of December 31, 2012, was 59.6 million ounces of gold, 68.2 million ounces of silver and 1.4 billion pounds of copper. Properties Fort Knox and Area, Alaska, United States The company is the owner of the Fort Knox mine located in Fairbanks North Star Borough, Alaska. The Fort Knox mine includes the main Fort Knox open pit mine, mill, tailings storage facility and heap leach facility; and the True North open pit mine. The company controls mineral and surface rights covering approximately 22,600 hectares through an Upland Mineral Lease issued by the State of Alaska, fee ownership, State of Alaska mining claims, federal mining claims and private leases. Paracatu, Brazil The company is the owner of the Paracatu mine located in the northwestern portion of the Minas Gerais state in Brazil. The Paracatu mine includes an open pit mine, two process plants (Plant I and Plant II), two tailings facilities areas, Santo Antonio and Eustaquio tailings facility, and related surface infrastructure. The Paracatu mine is 100% owned and operated by the company’s wholly-owned subsidiary Kinross Brasil Mineração S.A. (KBM). KBM holds title to 6 mining licences totaling 2,247 hectares. Kupol, Russian Federation The company has a 100% ownership of the Kupol mine and the Kupol East-West exploration licences. The property comprises a 17.5 square kilometre licence for subsoil use for geological study and production of gold and silver. The company holds a land area of approximately 425.5 square kilometers. Tasiast, Mauritania The Tasiast mine is a conventional open pit gold mine with a combined carbon-in-leach (CIL), dump leach operation and Adsorption Desorption Recovery (ADR) plant producing doré bullion. The Tasiast mine and the existing exploitation permit are owned by Tasiast Mauritanie Limited S.A. (TMLSA). The Tasiast mine is located in north-western Mauritania, approximately 300 kilometres north of the capital city of Nouakchott and 250 kilometres east of the city of Nouâdhibou. These lands total approximately 312 square kilometres in area and fall within the administrative purview of the Inchiri District. The lands comprising the Tasiast exploration permits (Imkebdene, Tasiast Sud, Tmeimichat and N’Daouas Est) total approximately 3,118 square kilometres in area and fall within the administrative purview of the Inchiri and Dakhlet Nouâdhibou Districts. Other Kinross Properties Round Mountain, Nye county, Nevada, United States: The company owns an undivided 50% interest in and operates the Round Mountain gold mine through its wholly-owned subsidiary Round Mountain Gold Corporation (RMGC). The Round Mountain mine is located approximately 90 kilometres north of Tonopah in Nye county, Nevada. It controls the mineral and surface rights covering approximately 23,634 hectares through ownership or lease of patented and unpatented mining claims. La Coipa, Chile: The La Coipa mine, located approximately 1,000 kilometres north of Santiago in Copiapo Province, consists of 6 deposits, which are operated by Compania Minera Mantos de Oro (MDO), a Chilean subsidiary of the company. The La Coipa mine consists of approximately 7,500 hectares of mineral claims. In addition, the company holds a 50% interest in Sociedad Contractual Minera La Coipa which has claims covering approximately 7,294 hectares in the area surrounding the La Coipa mine. Kettle River — Buckhorn, Washington State, United States: The company owns a 100% interest in the Buckhorn Mine. Echo Bay Minerals Company is a wholly-owned subsidiary of the company and is the operator of the Kettle River Mill and also holds mineral properties in northern Washington state. The Buckhorn Mine is located in the Myers Creek Mining District of north-eastern Okanogan county, Washington, approx