TORONTO – Kinross Gold announced on July 6, 2011, that it will support a professorship in development economics at the New Economic School in Moscow, Russia. The company has committed $300,000 over the next three years.
Kinross has been active in Russia since 1995 and is the largest Canadian investor in the country. The company is also an active member in Russia’s Foreign Investment Advisory Council (FIAC), a group that includes CEOs from 42 major companies is chaired by Russian prime minister Vladimir Putin. FIAC seeks to promote a favourable investment climate in the country.
Kinross (www.Kinross.com) operates the Kupol gold mine in Russia.