TORONTO, April 10 /CNW/ - Kinross Gold Corporation (TSX-K; NYSE-KGC)
("Kinross" or the "Company") is pleased to announce the appointment of
Geoffrey P. Gold as Senior Vice President and Chief Legal Officer of Kinross
effective May 24, 2006.
With more than 12 years in the mining industry, Mr. Gold has extensive
legal experience, both domestic and international. He joins Kinross from
Placer Dome where he was most recently Vice President, Assistant Secretary and
Associate General Counsel after a series of promotions.
Mr. Gold completed his bachelor of laws and a bachelor of commerce (with
honours) from the University of British Columbia and was called to the bar in
1990. He also served five years in private practice as an Associate with the
Vancouver law firm Bull, Housser & Tupper.
"Geoff Gold is an outstanding lawyer and his industry experience will be
a great asset to Kinross," said Tye Burt, President and Chief Executive
Officer of Kinross Gold Corporation. "Our four-point plan includes attracting
and retaining the best people in the industry and Geoff is an example of our
success in strengthening the Kinross leadership team."
This appointment follows the May 30, 2006 retirement of John Ivany,
Executive Vice President for Kinross. Mr. Ivany has been with Kinross since
1995 and has been instrumental in growing Kinross to become the third largest
primary gold producer in North America.
"John has played a key role in Kinross' growth through strong leadership
and guidance. His wisdom and experience will be missed," added Mr. Burt.
"Senior management and the Board of Directors wish to thank John for his
valuable contribution to the Company and wish him well in his retirement."
About Kinross Gold Corporation
Kinross, a world-class gold company based in Canada, has since 1993
become the third largest primary gold producer in North America and the
seventh largest in the world. With nine mines in stable countries including
Canada, the United States, Brazil and Chile, Kinross employs more than 4,000
people worldwide.
Kinross' strong balance sheet and no-gold hedging policy allow it to take
full advantage of increasing cash flow, revenues and profit margins per ounce
of gold. Kinross is focused on a strategic objective to maximize net asset
value and cash flow per share through a four-point plan built on growth from
core operations; expanding capacity for the future; attracting and retaining
the best people in the industry; and driving new opportunities through
exploration and acquisition.
Kinross maintains listings on the New York Stock Exchange (symbol:KGC)
and on the Toronto Stock Exchange (symbol:K).
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