Kinross Gold Corporation: Notice to Former Shareholders of Red Back Mining Inc.

14.12.2010  |  Marketwire

TORONTO, ONTARIO -- (Marketwire) -- 12/14/10 -- Kinross Gold Corporation (TSX: K)(NYSE: KGC) would like to provide a reminder of the approaching deadline for certain former common shareholders of Red Back Mining Inc. to make a joint tax election to obtain a deferral on capital or income gains that would otherwise be realized from the exchange of shares resulting from the acquisition by Kinross of the shares of Red Back effective September 17, 2010. The deadline for providing the requisite tax information to Kinross is December 16, 2010. Details regarding the tax election, including eligibility, are contained in the offer documents and may be obtained at https://www.taxelection.ca/kinrossredback.

About Kinross Gold Corporation

Kinross is a Canadian-based gold mining company with mines and projects in Canada, the United States, Brazil, Chile, Ecuador, Russia, Ghana, and Mauritania, and employs approximately 7,000 people worldwide.

Kinross' strategic focus is to maximize net asset value and cash flow per share through a four-point plan built on: delivering mine and financial performance; attracting and retaining the best people in the industry; achieving operating excellence through the 'Kinross Way'; and delivering future value through profitable growth opportunities.

Kinross maintains listings on the Toronto Stock Exchange (symbol: K) and the New York Stock Exchange (symbol: KGC).

Contacts:

Kinross Gold Corporation

Media Contact: Steve Mitchell

Vice-President, Corporate Communications

416-365-2726
steve.mitchell@kinross.com


Kinross Gold Corporation

Investor Relations Contact: Erwyn Naidoo

Vice-President, Investor Relations

416-365-2744
erwyn.naidoo@kinross.com