Suspension of Operations at the Lupin Mine
Toronto, Ontario, August 13, 2003…Kinross Gold Corporation (TSX-K; NYSE-KGC) (“Kinross”)
announces the immediate suspension of operations for its Lupin mine in Nunavut Territory, Canada due to the poor economic performance of the operation over a protracted period of time. Kinross took control of the Lupin operation on February 1, 2003, as a result of the merger with Echo Bay Mines Ltd.
The total number of employees ultimately affected by this decision is 235 plus an additional 70 contract employees. Forty of these employees are residents of the Northwest Territories and Nunavut Territory with the balance of the employees residing elsewhere in Canada.


For additional information contact:
Robert M. Buchan
President and Chief Executive
Officer
Tel: (416) 365-5650

Gordon A. McCreary
Vice President Corporate Affairs
Tel: (416) 365-5132

Ted Rutherglen
Manager of Human Resources
Lupin Mine
Tel: (780) 890-4691
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