1) Kinross Gold Corporation operates the Kupol and Dvoinoye gold mines in the remote Far East region of Russia. The mines have produced over 5 million ounces of gold and 50 million ounces of silver since 2008, contributing significantly to regional economic development. 2) Kinross' operations have invested over $3 billion and contribute billions of rubles annually in taxes and payments to support social programs, small businesses, healthcare, education, and indigenous traditions in Chukotka. Gold production has increased the region's GDP several fold. 3) Kinross works closely with the Russian government to improve the investment climate for mining and is exploring nearby deposits like Moroshka and September Northeast that could further contribute

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KINROSS GOLD CORPORATION
Mining: Benefits for the Development of the Far East of Russia
Lou Naumovski, Vice President & General Director, Moscow Representative Office
October 5
2016
MINEX

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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 harbour” 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 “2016 Production & Cost Outlook”, “Tasiast Update”, “Attractive Growth Opportunities”,
“Strong Balance Sheet”, and “Principles for Building Value”, and include without limitation statements with respect to our guidance for production, production costs of
sales, all-in sustaining cost and capital expenditures, project schedules, mine life, continuous improvement and other cost savings opportunities, as well as
references and other statements with respect to other possible events and opportunities, including, without limitation, estimates and the realization of such estimates
(such as mineral or gold reserves and resources, and mine life); future development, mining activities, production and growth (including but not limited to cost and
timing); success of exploration or development of operations; the future price of gold and silver; currency fluctuations; expected capital requirements; government
regulation; and environmental risks and proceedings. The words “2016E”, “ahead”, “anticipate”, “assumption”, “believe”, “budget”, “contemplate”, “contingent”,
“encouraging”, “enhancing”, “estimate”, “expect”, “explore”, “feasibility”, “flexibility”, “focus”, “forecast”, “forward”, “future”, “guidance”, “initiative”, “indicate”, “likely”,
“objective”, “on track”, “opportunity”, “outlook”, “phased”, “plan”, “positioned”, “possible”, “potential”, “principles”, “priority”, “project”, “risk”, “schedule”, “scoping”,
“strategy”, “study”, “target”, “trend” or “upside”, or variations of or similar such words and phrases, or statements that certain actions, events or results may, can,
could, would, should, might, occur or will be taken or realized, 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. 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. 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. 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 2015 and Q2 2016
Management’s Discussion and Analysis, and the “Cautionary Statement on Forward-Looking Information” in our news release dated July 27, 2016, 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 (other than exploration activities) 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 (“NI 43-
101”). The technical information about the Company’s exploration activities contained in this presentation has been prepared under the supervision of Mr. Sylvain
Guerard, an officer of the Company who is a “qualified person” within the meaning of NI 43-101.

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KINROSS RUSSIA TRACK RECORD
years in
Russia
Over
$3Bln*
in
investments
Over
33Bln Rub
in taxes & other
payments since 2008 Kupol:
3 500 tpd
Dvoinoye:
1 000 tpd
4 500 tonnes
of ore per day
Produced
5 Moz.
of Gold
and
50Moz.
of Silver
since 2008
Mines constructed
in record
3 years
years in
Chukotka
Dvoinoye:
2010-2013
Kupol:
2005-2008
20
≈10
* US Dollars

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KINROSS IN CHUKOTKA: REMOTE LOCATION
430 Km
PEVEK PORT
DVOINOYE
KUPOL
DVOINOYE
ARKHANGELSK
MOSCOW
≈ 2 500 Km
≈ 6 400 Km
KUPOL
ANADYR

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100% LOCALIZATION IN THE RUSSIAN FAR EAST
AND SIBERIA

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OPERATING RESULTS (2013-2015) FY 2013 FY 2014 FY 2015
Production (Au. Eq. oz.) 550,188 751,101 758,563
Production cost of sales($/oz.) (1)
$507 $507 $474
LAUNCHED IN
2008
3 500 TONNES
OF ORE PER DAY
> 1 500
EMPLOYEES
RECOVERY:
> 95%
$ 750 MLN
OF INVESTMENT
1 000 TONNES
OF ORE PER DAY
> $ 700 MLN
OF INVESTMENT
> 700
EMPLOYEES
LAUNCHED IN
2013
MINING METHODS:
UNDERGROUND
MINING METHODS:
UNDERGROUND
RECOVERY:
> 95%
KUPOL
DVOINOYE
(1) Refer to endnote #1.

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KUPOL & DVOINOYE: EXPLORATION
MOROSHKA PROVIDENCE
• Located approximately 4 km east of Kupol
• Feasibility defined underground mine potential of
182Koz. Au & 2.1Moz Ag P&P reserves(2)
• Expected to commence mining in 2018
(2) Refer to endnote #2.
SEPTEMBER NORTHEAST
• Located approximately 15 km northwest of Dvoinoye
• Defined near-surface, high-grade M&I mineral
resource estimate of 68koz. Au grading 32 g/t(2)
• Expected to commence mining in late 2017

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16
21
31
45
39
45 46 44
57
0
10
20
30
40
50
60
2006 2007 2008 2009 2010 2011 2012 2013 2014
GRP DYNAMICS(3)
(Bln rubles)
4,9 4,4
22
30,3
24,4
19,6 18,2
24,6
32
0
5
10
15
20
25
30
35
2006 2007 2008 2009 2010 2011 2012 2013 2014
GOLD PRODUCTION(3)
(tonnes)
Launch of
Kinross operations
IMPACT OF GOLD PRODUCTION ON CHUKOTKA
GRP
(3) Refer to endnote #3.

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CONTRIBUTION TO SOCIAL AND ECONOMIC
DEVELOPMENT
SMALL AND MEDIUM-SIZED
BUSINESSES (>2.5 MLN RUB)
HEALTHCARE (>6 MLN RUB)
EDUCATION (>10 MLN RUB)
TRADITIONS OF INDIGENOUS
PEOPLES (>50.5 MLN RUB)
KUPOL FOUNDATION PROJECTS AND FINANCING
(2009-2015)
2015 CORPORATE RESPONSIBILITY*
* US dollars
> 2 200 > $ 217 MLN > $ 191 MLN > $ 580 K
JOBS
CONTRIBUTED TO
THE LOCAL
BUDGET
IN LOCAL
PROCUREMENT
ON SOCIAL
PROJECTS

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IMPROVING THE INVESTMENT CLIMATE
RECOMMENDATIONS FOR THE
RUSSIAN GOVERNMENT
Adopted recommendations include:
Introduction of claim-staking procedure in the Russian subsoil
regulation
Removal of the requirement to complete geological study of the entire
area of a strategic deposit before commencing mining operations
Adopted or under review
Taken into consideration
2011 2013 2014
Raising the threshold for foreign ownership of a strategic deposit
from 10% to 25%, after which a special approval of the
Government would be required

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BENEFITS FROM MINING FOR THE FAR EASTERN
REGIONS
DEVELOPMENT OF SMALL & MEDIUM ENTERPRISES
TAX AND OTHER PAYMENTS TO REGIONAL BUDGETS
RETENTION OF HUMAN RESOURCES IN THE REGION
REGIONAL INFRASTRUCTURAL DEVELOPMENT
SOCIO-ECONOMIC BENEFITS FOR LOCAL COMMUNITIES

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ENDNOTES
1) Attributable production cost of sales per gold equivalent ounce sold and per gold ounce sold on a by-product basis are
non-GAAP measures. For more information and a reconciliation of this non-GAAP measure for 2013, 2014 and 2015,
please refer to the news releases dated February 12, 2014, February 10, 2015 and February 10, 2016, under the
heading “Reconciliation of non-GAAP financial measures”, available on our website at www.kinross.com.
2) For more information regarding Kinross’ 2015 mineral reserve and mineral resource estimates, please refer to our
Annual Mineral Reserve and Mineral Resource Statement as at December 31, 2015 contained in our Annual
Information Form filed March 30, 2016, which is available on our website at www.kinross.com.
3) For more information regarding Russia’s Far East District and Chukotka Autonomous Region GRP dynamics please
refer to Russian Federal State Statistics Service data, which is available at their website at www.gks.ru. For dynamics
of gold production in Chukotka Autonomous Region please refer to the region’s official data, available at Chukotka
Autonomous Region’s official website www.чукотка.рф.
4) For more information regarding Kinross’ production, cost and capital expenditures outlook for 2016, please refer to the
news releases dated February 10, 2016 and July 27, 2016, both of which are available on our website at
www.kinross.com. Kinross’ outlook for 2016 represents forward-looking information and users are cautioned that
actual results may vary. Please refer to the Cautionary Statement on Forward-Looking Information on slide 2 of this
presentation and in our news release dated July 27, 2016, available on our website at www.kinross.com.

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KINROSS GOLD CORPORATION
www.kinross.com www.кинросс.рф