Report Scope and Boundary

Performance information is reported for the fiscal years ended December 31, 2008 and December 31, 2009. Where available, we include data for previous years and performance trends and initiatives for early 2010.

We have reported on operations and growth projects where Kinross held a 50% or greater ownership position and for our operations and joint ventures where Kinross was the operating partner responsible for management and operational performance for a majority of 2008 and 2009. Unless otherwise indicated, data are reported based on Kinross’ 75% ownership position in our Kupol operation and 50% ownership positions in Crixás and Round Mountain. While Kinross is the non-operating partner at Crixás, we have included detailed performance data for this mine for the first time, including safety statistics.1 Data have been reported for sites that transitioned from growth project to operation during 2008 and 2009, including Kupol, Kettle River-Buckhorn and the Paracatu expansion project. Data have not been reported for our reclamation sites, located in the United States. We believe this approach provides a thorough account of Kinross’ environmental, social and economic performance for the two years covered in this report.

The following changes in ownership occurred since we issued our first report on the year ended December 31, 2007:

  • La Coipa: On December 21, 2007, Kinross increased its ownership of the La Coipa mine from 50% to 100% and assumed operational responsibility for the mine. We began incorporating data for La Coipa in our Regional Data Tables in 2008. This is the first Kinross corporate responsibility report in which we are including detailed performance data for this site;
  • Julietta: We completed the sale of our Julietta mine in Russia in August 2008. Performance information and data for Julietta have not been included in this report;
  • Fruta del Norte: In September 2008, Kinross acquired a 100% interest in Aurelian Resources, owner of the Fruta del Norte project in southeastern Ecuador;
  • Lobo-Marte: In December 2008, Kinross acquired a 40% interest in Minera Santa Rosa SCM, owner of the Lobo-Marte project and, in January 2009, we completed the acquisition of 100% of the project;
  • Cerro Casale: In February 2010, Kinross announced the sale to Barrick Gold Corporation of 50% of Kinross’ interest in this development project. Upon closing of the sale on March 31, 2010, Kinross’ interest was reduced to 25%. Performance for Cerro Casale is not reported.

As a result of ongoing efforts to improve reporting, some minor changes to previously reported data have been made. These are largely the result of improved reporting from the operating sites, as well as the implementation of standardized reporting protocols. The changes have no material impact on reported performance characterization.

Data were collected from a variety of source documents and records at each Kinross operation. Data were compiled and reviewed for accuracy as part of our internal quality assurance process prior to publication. As our corporate reporting program evolves, we will also review the merits of third-party verification of other data in our reports.


1 Note that safety data appearing in Kinross’ 2009 Annual Report do not include Crixás.