Canadian Mining Journal

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GOLD PRODUCER NEWS Kinross Joins Ranks of Seniors

TORONTO KINROSS GOLD CORP. now considers itself one of North America's senior gold producers. Annualized gold pro...


TORONTO KINROSS GOLD CORP. now considers itself one of North America’s senior gold producers. Annualized gold production is nearly 2 million oz/year at a total cash cost of less than US$200/oz.

Kinross is now the seventh largest primary gold producer in the world thanks to the recent merger with ECHO BAY MINES and TVX GOLD and the acquisition of TVX’s 49.9% interest in the Newmont Americas joint venture. The new Kinross has interests in 12 gold mines on four continents, but 65% of production comes from North America.

Shares of the new Kinross combination began trading in Toronto and New York on Feb. 3, 2003. To mark the occasion, Kinross president and CEO Bob Buchan and his management team rang the Opening Bell at the NYSE.

For complete information on all of Kinross’ holdings and operations, visit www.kinross.com.


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