100317 tasiast mine tour presentation final

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KINROSS GOLD CORPORATION
Tasiast analyst & investor tour: Developing a world-class mine
October 3-4
2017

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CAUTIONARY STATEMENT ON FORWARD-LOOKING
INFORMATION
All statements, other than statements of historical fact, contained or incorporated by reference in or made in giving this presentation and responses to
questions, including but not limited to any information as to the future performance of Kinross, constitute “forward looking statements” within the meaning of
applicable securities laws, including the provisions of the Securities Act (Ontario) and the provisions for “safe harbor” under the United States Private
Securities Litigation Reform Act of 1995 and are based on expectations, estimates and projections as of the date of this presentation. Forward-looking
statements contained in this presentation include those statements on slides with, and statements made under, the headings “Tasiast Mill Expansion”,
“Developing a World-Class Mine”, and include, without limitation, statements with respect to mine life extensions, costs and timing of development activities,
future production, production costs of sales, all-in sustaining cost and capital expenditures, continuous improvement and other cost savings opportunities, as
well as references to other possible events including, without limitation, possible events; opportunities; statements with respect to possible events or
opportunities; estimates (including, without limitation, gold / mineral resources, gold / mineral reserves and mine life) and the realization of such estimates;
future development, mining activities, production and growth, including but not limited to cost and timing; success of exploration or development of
operations; the results of any studies including, without limitation, feasibility studies; the future price of gold and silver; currency fluctuations; expected capital
requirements; government regulation; and environmental risks. The words “assumption”, “budget”, “encouraging”, “enhancing”, “estimate”, “expect”,
“feasibility”, “focus”, “forward”, “future”, “goal”, “indicate”, “on track”, “opportunity”, “phased”, “plan”, “positive”, “potential”, “prospective”, “progressing”,
“project”, “risk”, or “study”, or variations of or similar such words and phrases or statements that certain actions, events or results may, can, could, would,
should, might, indicates, or will be taken, and similar expressions identify forward looking statements. Forward-looking statements are necessarily based
upon a number of estimates and assumptions that, while considered reasonable by Kinross as of the date of such statements, are inherently subject to
significant business, economic and competitive uncertainties and contingencies. Many of these uncertainties and contingencies can affect, and could cause,
Kinross’ actual results to differ materially from those expressed or implied in any forward looking statements made by, or on behalf of, Kinross. Statements
representing management’s financial and other outlook have been prepared solely for purposes of expressing their current views regarding the Company’s
financial and other outlook and may not be appropriate for any other purpose. There can be no assurance that forward looking statements will prove to be
accurate, as actual results and future events could differ materially from those anticipated in such statements. All of the forward looking statements made in
this presentation are qualified by these cautionary statements, and those made in our filings with the securities regulators of Canada and the U.S., including
but not limited to those cautionary statements made in the “Risk Factors” section of our most recently filed Annual Information Form, the “Risk Analysis”
section of our FYE 2016 and Q2 2017 Management’s Discussion and Analysis, and the “Cautionary Statement on Forward-Looking Information” in our news
release dated September 18, 2017, to which readers are referred and which are incorporated by reference in this presentation, all of which qualify any and all
forward‐looking statements made in this presentation. These factors are not intended to represent a complete list of the factors that could affect Kinross.
Kinross disclaims any intention or obligation to update or revise any forward‐looking statements or to explain any material difference between subsequent
actual events and such forward‐looking statements, except to the extent required by applicable law.
Other information
Where we say "we", "us", "our", the "Company", or "Kinross" in this presentation, we mean Kinross Gold Corporation and/or one or more or all of its
subsidiaries, as may be applicable.
The technical information about the Company’s mineral properties contained in this presentation has been prepared under the supervision of Mr. John Sims,
an officer of the Company who is a “qualified person” within the meaning of National Instrument 43-101.

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WELCOME TO THE TASIAST MINE TOUR
Tom Elliott – Senior Vice-President, Investor Relations & Corporate Development 3

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Presenters and Q&A Panel
Mike Sylvestre Regional Vice-President, Africa
Guy Bourassa Vice-President and Project Director, Tasiast Project
Paul Tomory Chief Technical Officer
John Sims Vice-President, Resource Geology & Brownfields Exploration (Q.P.)
Tom Elliott Senior Vice-President, Investor Relations & Corporate Development
INTRODUCTIONS & AGENDA 4

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• Highly prospective district with significant exploration
potential
 World-class orebody: 8.0M oz. of proven and
probable reserves, 3.1M oz. of measured &
indicated gold resources and 0.4M oz. of inferred
resource estimates(i)
 Accelerating drill program following encouraging
results & initiating Tasiast Sud pre-feasibility study
• Improvements at the existing operation enhancing
future value
 Achieving reductions in mining and processing
costs
 Expect positive trend to continue
• Expansion projects expected to transform Tasiast into a
large, low-cost producer
 Excellent progress on Phase One
 Proceeding with Phase Two
DEVELOPING A WORLD-CLASS MINE
TASIAST HIGHLIGHTS
(i) As at December 31, 2016. Please refer to Kinross’ Annual Mineral Reserve and Mineral Resource Statement, available on our website at www.Kinross.com.

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DEVELOPING A WORLD-CLASS MINE
TASIAST: HISTORICAL CONTEXT
Focus has been to right-size the processing capacity to capture the full value and potential
of Tasiast’s large mineral resource estimate
2014 2015 2016 2017 2018 2019 2020
Feasibility Study Results
38k t/d scenario
Capex estimate: $1.6B
Initiated studies on
two-phased expansion
Financially disciplined
approach to expansion
using existing infrastructure
Two-phased expansion
study results
Phase One approved
Capex estimate: $300M
Phase Two proceeds to
feasibility study
Capex estimate: $620M
Phase Two feasibility study
results
Phase Two approved
Revised capex estimate: $590M
Phase One
expected to reach
commercial
production in
Q2 2018
Phase Two
expected to reach
commercial
production in
Q3 2020
* Capital estimates on this slide do not include estimated capitalized stripping

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map
MAURITANIA: LOCATION 7
Mauritania
Canary Islands
Algeria
Mali
Western
Sahara
Morocco
Senegal
Tasiast
Nouakchott
(capital)

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GEOLOGY & EXPLORATION
John Sims - Vice-President, Resource Geology & Brownfields Exploration (Q.P.) 8

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• Aouéouat greenstone belt hosts all of
the known Tasiast deposits and most
of current exploration prospects
 80 km x 8 km
 312 km2 mining lease
 3,118 km2 exploration licences
• Aouéouat belt shares similarities with
other Late Archaean terranes, such
as:
 Yilgarn in Australia
 Abitibi in Canada
GEOLOGY OVERVIEW
Tasiast Geology
Tasiast mine
Tasiast Sud
10 km5 km0 km 15 km 20 km

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TASIAST CROSS-SECTION
Felsite
Sediments
BIF
Lithology
Diorite (GDI)
Dyke
Plan view
A’
Looking North - West Branch AA’ cross-section (12.5m window)
Resource pit outline
Reserve pit outline
September 2017
pit outline
A
A’A

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TASIAST SUD
Encouraging results from C6.13 and C6.15 in the Tasiast Sud Area
C6.13
C6.15
Tamaya
Sadraya
C6.14
• Tamaya: approximately 335k oz. of measured &
indicated gold resources(i) defined in 2015
• Recent drilling in the Tasiast Sud area has focused
on the C6.13 and C6.15 deposits in the Tasiast Sud
area
 Located ~10 km south of the Tasiast mine and
west of the Tamaya deposit
• Completed 13,000 metres of drilling in H1 2017
 Majority of material at both targets is within a
banded iron formation (similar to Piment)
 C6.13 defined over approximately 2 km of
strike; open to the north and south
 C6.15 defined over 3 km of strike
(i) Please refer to Kinross’ Annual Mineral Reserve and Mineral Resource Statement, available on our website at www.Kinross.com, and associated assumptions.

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TASIAST SUD: 2017/2018 DRILL PROGRAM
1km
C6.13
C6.15
Tamaya
Sadraya
C6.14
N
Mafic Dyke
Iron Formation
Siltstone
Greywacke
Mica-Schist
Felsite
Amphibolite
Diorite
Talc Trem Schist
Granodiorite
LEGEND
• Following positive results in H1 2017, accelerated
drill program underway in H2 2017
 Focus is on definition drilling and resource
expansion
 Goal of potential mineral resource additions at
year-end
• Initiated a pre-feasibility study for a Tasiast Sud
dump leach operation that combines material from
Tamaya, C6.13 and C6.15
 High grade CIL material expected to be
transported to Tasiast 30,000 t/d mill
Legend
Exploration
Resource definition
A
B
C

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CROSS SECTIONS: C6.13 & C6.15
C6.13 (A)
C6.15 (C)
• C6.13 and C6.15 geology composed of:
 Sedimentary rocks
 Felsic rocks
 Muscovite rich mica schist
 Iron-Formation rock units
• Mineralization is located at the flanks of the
fold exclusively within banded iron formation
units and at their contacts with mica schist
(Greywacke with high muscovite alteration)
C6.13 (B)
TOFR
100m
Mica schist
1
2
4
5
7
1
2
3
4
5
6
7
15m @ 4.64 g/t Au
17m @ 11.42 g/t Au
12m @ 1.66 g/t Au
8m @ 1.05 g/t Au
33m @ 0.41 g/t Au
15m @ 1.09 g/t Au
8m @ 0.69 g/t Au
3 6
Iron Formation
NW SE
Greywacke
Mica schist
Iron Formation
1
2
3
4
5
6
7
7m @ 0.36 g/t Au
13m @ 1.04 g/t Au
8m @ 0.66 g/t Au
9m @ 0.42 g/t Au
9m @ 0.9 g/t Au
3m @ 0.38 g/t Au
6m @ 0.88 g/t Au
2m @ 1.19 g/t Au8
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TOFR
Siltstone
1
2
4 5
3
7
6
SW NE
100m
4
6
7
8
7m @ 2.68g/t Au
9m @ 2.15 g/t Au
15m @ 2.14 g/t Au
8m @ 3.03 g/t Au
5m @ 2.98 g/t Au
9m @ 4.74 g/t Au
2m @1.25 g/t Au
7m @2.34 g/t Au
4m @ 2.32 g/t Au
1
2
3
4
5
6
7
8
9
1
2
3
4
5 6
7
8
9
100m
NW SE
Iron
Formation
TOFR
Mica schist

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DRILLING STATISTICS
2013 2014 2015 2016 H1 2017
Planned for
H2 2017
Planned for
2018
C6.13 4,481 3,070 75 2,332 7,947 13,000
C6.14 3,500 3,700
C6.15 5,606 2,423 4,479 15,000 37,800
C6.16 2,109 3,801 75 640 3,600
Sadraya 1,999 2,687 9,400
Tamaya 6,852 7,358 14,147 774
Total 22,548 18,651 14,297 5,659 13,200 28,000 54,500
Tasiast Sud area has been a large focus of exploration and resource definition activities
Tasiast Sud drill hole data by year (metres)

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CURRENT OPERATION
Mike Sylvestre – Regional Vice-President, Africa 15

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TASIAST SITE LAYOUT
MINE TOUR AGENDA
Camp
West Branch Pit
Airstrip
Power Plant
Phase One
tailings facility
Current
tailings facility
ADR plant
Dump leach
Piment pits
New crusher
New stockpile
New SAG mill
Phase One and
Two expansions
Truck shop
1 2
4
3
5
N
6
7
8
9
10

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CURRENT OPERATION
OVERVIEW
MINING
• Conventional open-pit
• Ore currently sourced from two pits:
 Piment
 West Branch
• Average mining rate: ~200k t/d
CURRENT FLEET
• 7 CAT 6060 shovels
• 42 CAT 793D haul trucks
PROCESSING
• Existing CIL: averaging 8,500 t/d
• Dump leach

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• Conducted comprehensive reviews of crushing and
grinding circuit to identify opportunities for
improvement
• Completed upgrades to the crushing circuit to
provide smaller product size with higher fine
material content
• Increased availability of crushing and conveying
circuit through improved maintenance practices
• Increased availability of milling circuit with
implementation of a new reline/shutdown strategy
and improved maintenance practices
Together, these improvements have resulted in
increased throughput:
 Averaging above 8,500 t/d (20% increase)
Strong mill throughput a result of continuous improvement efforts
CURRENT OPERATION
IMPROVED MILL PERFORMANCE

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3,000
5,000
7,000
9,000
Aug‐13 Nov‐13 Feb‐14 May‐14 Aug‐14 Nov‐14 Feb‐15 May‐15 Aug‐15 Nov‐15 Feb‐16 May‐16 Aug‐16 Nov‐16 Feb‐17 May‐17 Aug‐17
Mill now averages ~8,500 t/d and can reach as high as 9,000 t/d
Average from
August 2013 to
October 2015
Average from November 2015
to March 2017
~20% increase
May, June, July and August 2016 throughput impacted by work stoppage – values represent average daily during operating
days.
CURRENT OPERATION
SIGNIFICANT OPERATIONAL IMPROVEMENTS
May-August 2016
impacted by work
stoppage

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CURRENT OPERATION
PRODUCTIVITY IMPROVEMENTS
Focus on productivity has resulted in lower costs
0.61 0.56
0.55
0.39
0.36
0.31
0.53
0.44
0.13
0.27
$2.18
$1.96
2015 H1 2017
Contractors & Admin
• Outsourced some mining services
Labour
• Increased labour productivity and reduced headcount
Drill / Blast Consumables
• Optimized drill patterns for increased blasting
efficiencies
Other Fleet
• Improved mobile maintenance practices resulting in
better equipment performance and lower costs
• Improved useful life, leading to decreased maintenance
supplies
Fleet Consumables
• Increase in useful tire life, and lower fuel costs
Mining Cost ($/t mined)

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Study estimates(ii)Study estimates(ii)
$25.46
$22.84 $22.24
$15.16
$14.40
2015 2016 H1 2017 PFS FS
$2.18
$2.05
$1.96
$2.37
$2.25
2015 2016 H1 2017 PFS FS
CURRENT OPERATION
OPERATING EFFICIENCIES ENHANCING PROJECT
Recent operating and processing enhancements have positively benefitted both
Phase One and Phase Two expansion projects
• Recent performance outperforming study
estimates
• Further reduction in processing costs expected as
Phase Two increases throughput to 30,000 t/d
Mining costs
($ per tonne mined)
Processing costs
($ per tonne milled)(i)
(i) Excludes processing costs associated with the dump leach.
(ii) 30k t/d scenario. Estimated average for the period 2020-2030.

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Government has expressed its support
for the expansion project:
"We support the Kinross decision to
proceed with the Tasiast Phase Two
expansion and the additional investment
and long-term benefits the project will
bring to the country and our people."
Mohamed Abdel Vetah
Minister of Petroleum, Energy & Mines
CURRENT OPERATION
MAURITANIA HIGHLIGHTS
• Democratic republic that gained independence in
1960
• Mining-friendly jurisdiction:
 Well-developed, competitive mining law
 Mining is a major export industry
 Companies operating in Mauritania include:
SNIM, First Quantum, Algold
• Major foreign companies include:
 BP, Total, Kosmos Energy, Tullow Oil, Société
Générale
 Recent increase in oil and gas investment
• Multilateral agencies such as IMF and World Bank
active in the country
• Kinross continues to maintain good relations with
the government
Government royalty 3%
Income tax rate 25%
Mining Convention: Royalty & Income Tax
Kinross has successfully operated in Mauritania since 2010

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CURRENT OPERATION
CORPORATE RESPONSIBILITY AT TASIAST
Engaging with stakeholders
• Established stakeholder engagement programs
consistent with Kinross standards and
international best practice
• Integration of CR considerations in key
operational functions
 Competency-based hiring
 Contractor Compliance Bureau
 Local Business policy in Supply Chain
Management
• Integrated good international ESIA practice in
design of the expansion project
 IFC Performance Standards
 Cyanide Code certification

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• 90% of TMLSA employees are Mauritanians
• Investing in training and development programs.
Since 2010, we have invested:
 ~$10 million to support local capacity building
 ~$20 million in training for our local employees
• One of the best safety performance records among
Kinross sites
Building a workforce of Mauritanian nationals
CURRENT OPERATION
90% OF EMPLOYEES ARE MAURITANIAN
2016 Statistics(i)
90%
of workforce composed
of Mauritanian
nationals
$175M
of spending with in-
country suppliers
$52M of in-country
wages
(i) Source: Kinross 2016 Corporate Responsibility Data Supplement and Communication on Progress

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Employees
• Signed a new 3-year collective labour
agreement with unionized employees
in October 2016
• Targeting expats with strong
background in developing national
personnel
• Emphasizing a culture of safety and
environmental compliance
Mauritanization Plan
• Reached a mutually-acceptable
Mauritanization Plan to increase the number
of local workers at Tasiast
 Process is proceeding on schedule and
achieving positive outcomes
• Identifying internal strength: implementing
accelerated development plans for high
potential employees
• Recruiting diaspora talent with strong and
relevant professional experience
• Adapting Kinross training program to
individual development needs
CURRENT OPERATION
BUILDING POSITIVE EMPLOYEE RELATIONSHIPS

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TASIAST MILL EXPANSION: PHASE ONE
Guy Bourassa - Vice-President & Project Director, Tasiast Project 26

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TASIAST EXPANSION PROJECT
PHASE ONE: EXPANSION TO 12,000 T/D
PHASE ONE FLOW SHEET
• Leverages existing mill infrastructure to increase throughput to 12,000 t/d from 8,000 t/d
• Includes installation of an oversized 40’ SAG mill and gyratory crusher
• Enhances processing of the harder, higher grade West Branch ore
Gyratory
crusher
Ore
stockpile
Oversized
SAG mill
Existing ball mills
Leaching Refining
New
Existing

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TASIAST MILL EXPANSION
PHASE ONE PROGRESSING WELL
• Mechanical installation progressing well:
 SAG mill shell fully in place
 Installation of gearless motor drive progressing
 Apron feeders for crusher & reclaim tunnel now
in place
 Conveyor installation progressing rapidly
 Installation of 3 new leach tanks almost complete
• Early commissioning progressing as planned:
 Oxygen plant fully commissioned and supporting
production
 New tailings facility expected to be operational
shortly
• On schedule and on budget for full commercial
production in Q2 2018
Phase One construction approximately 70% complete
Primary Crusher

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SAG MILL

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CYCLONE TOWERS

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LEACH TANKS

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NEW TAILINGS FACILITY

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TASIAST MILL EXPANSION: PHASE TWO
Paul Tomory – Chief Technical Officer 33

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• Installation of an incremental 18,000 t/d of throughput capacity for a total combined
capacity of 30,000 t/d
• Project consists of:
• Replacing two 14’ ball mills with a new, larger 27’ ball mill
• Expansion of power generation capacity by 35 MW
• Adding new leaching, thickening and refining capacity
• Additions to mining fleet
• Upgrades to water supply infrastructure
PHASE TWO: EXPANSION TO 30,000 T/D
PHASE TWO FLOW SHEET
Gyratory
crusher
Ore
stockpile
SAG mill New, larger ball
mill
Additional leaching
capacity
Thickening
New
Existing

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Phase Two expansion expected to transform Tasiast into a world-class mine
with low costs and a long estimated mine life
PHASE TWO FEASIBILITY STUDY RESULTS
Estimates Combined Phase One and Phase Two
Average annual production (2020-2024) 812,000 ounces
Production cost of sales (2020-2024) $440 per ounce
All-in sustaining cost (2020-2024) $655 per ounce
Capitalized stripping (non-sustaining) (2016-H1 2020) $560 million
Mine life 2029
Net present value(i)(ii) $1.43 billion
Phase Two Stand-Alone
Initial capital expenditures $590 million
Internal rate of return(i)(ii) 24%
Note: figures on this slide reflect a $1,200 per ounce gold price assumption.
(i) January 1, 2018 forward
(ii) After tax, 5% discount rate.

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FEASIBILTY STUDY SHOWS IMPROVED ECONOMICS
Incremental IRR of 24% for the Phase Two stand-alone project
Improved economics are expected as a result of:
Lower estimated initial
capital
• Initial capital estimate
reduced to $590M
• Down from PFS
estimate of $620M
Improved operating
cost estimates
• Productivity
improvements
• Lower mining and
processing costs
• Better input costs
Mine plan optimization
• Higher estimated
average annual
production in the first 5
years
• Bringing forward
production shortens
mine life by 1 year
 Results in G&A and fixed
costs savings

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WEST BRANCH PLANNED MINING SEQUENCE
2018
2026
2019
2019
2018
2020
2020
2020
2019
20212021
2022
2023
2024
2024
2027
2025
2023
A’
WB3 WB4 WB5
0 – 0.4
0.4 – 1.1
1.1 – 1.5
1.5 – 2
> 2
A’
PLAN VIEW
Au Grade (g/t)
Looking North
N
A
100 m
A

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ADDITIONAL INFORMATION
‘20 ‘21 ‘22 ‘23 ‘24 ‘25 ‘26 ‘27 ‘28 ‘29
Total mined
(Mt)
98 93 82 90 75 56 47 30 7 0
Strip ratio
(Waste:Ore)
12.6 15.5 4.5 4.6 3.8 8.8 6.0 2.1 2.7 0.3
Grade processed
(g/t)
2.1 1.5 2.9 3.0 3.0 1.4 1.9 2.0 0.9 0.8
Mill feed tonnes
from stockpiles
4.4 5.3 - - - 5.2 4.4 1.8 9.0 9.9
Annual estimates
Life of mine estimates
Life of Mine Average
Sustaining capital $65/year
G&A $65/year
Recovery 93%

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ANNUAL PRODUCTION ESTIMATES
Production expected to average 812,000 gold ounces over the first 5 years
(2020-2024)
EstimatedProduction(thousandounces)
0
250
500
750
1,000
2016A 2017E 2018E 2019E 2020E 2021E 2022E 2023E 2024E 2025E 2026E 2027E 2028E 2029E

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PHASE TWO CAPITAL ESTIMATE
Phase Two initial capital cost expected to be $590 million
Estimated Initial Capital Cost
Estimate ($M)
Processing plant 137
Power supply 76
Water supply 50
Mining fleet 49
EPCM 27
Indirect, owner’s cost and taxes 120
Contingency 79
Miscellaneous 52
Total $590
Water Supply ($50M)
• Raw water is currently supplied from brackish water
borefield located 64 km west of the mine
• Phase Two project includes upgrades to the water supply
infrastructure:
 New overland water pipeline
 Pumping stations
 Break tanks
 Electrical infrastructure
• The new pipeline is expected to supply sufficient water
for 30,000 t/d mill and continued dump leach
• Permit status: licensed to extract 30,000 m3/d from the
bore fields through 2034
Power Supply ($76M)
• Additional HFO fired power generation of ~60MW

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ADVANCING PHASE TWO
• Project owner’s team established
• Finalizing commercial terms for EPCM
package
• Currently advancing critical packages
• Initial construction expected to begin
early 2018
 Construction activities to ramp up
following Phase One commissioning
Phase Two expansion expected to reach commercial production in Q3 2020

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APPENDIX
TASIAST PHASE TWO FEASIBILITY STUDY RESULTS 42

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Timeline Operational Metric Estimate
2020-2024
(First 5 years
of Phase Two
operation)
Total tonnes mined 438 million
Strip ratio 6.4
Average CIL grade processed 2.5 grams per tonne
Average annual production 812,000 ounces
Average mining cost $2.05 per tonne
Average processing cost $14.50 per tonne
Production cost of sales $440 per ounce
All-in sustaining cost $655 per ounce
2025-2029
(Remaining life
of mine)
Total tonnes mined 141 million tonnes
Strip ratio 4.8
Average mining and re-handle cost $2.75 per tonne
2020-2029
(Life of project)
Total tonnes mined 579 million tonnes
Strip ratio 5.9
Average recovery 93%
Average mining cost $2.25 per tonne
SUMMARY OF FEASIBILITY STUDY RESULTS
Estimated Initial Capital Cost
Operating Estimates (Phase One & Two combined)
Estimate ($ millions)
Processing plant 137
Power supply 76
Water supply 50
Mining fleet 49
EPCM 27
Indirect, owner’s cost and taxes 120
Contingency 79
Miscellaneous 52
Total $590
Standalone Phase Two Estimates
Estimate
Initial capital $590 million
Internal rate of return 24%

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GOLD PRICE SENSITIVITY ESTIMATES
SENSITIVITIES
$1,100 $1,200 $1,300 $1,400
IRR (Phase Two Standalone)
(calculated January 1, 2018 forward)
19% 24% 28% 31%
NPV (Phase One and Two Combined)
(after-tax, 5% discount; calculated January 1, 2018 forward)
$977M $1.43B $1.83B $2.22B
OIL PRICE SENSITIVITY ESTIMATES
$45/bbl $50/bbl $55/bbl $60/bbl $65/bbl
IRR (Phase Two Standalone)
(calculated January 1, 2018 forward)
24.9% 24.6% 24.2% 23.9% 23.5%
NPV (Phase One and Two Combined)
(after-tax, 5% discount; calculated January 1, 2018 forward)
$1.49B $1.46B $1.43B $1.39B $1.36B

45
www.kinross.com
45
KINROSS GOLD CORPORATION
25 York Street, 17th Floor │Toronto, ON │ M5J 2V5
www.kinross.com

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