BALD MOUNTAIN GOLD MINE

Bald Mountain is an open-pit mine with a large estimated mineral resource base located in Nevada along the southern extension of the prolific Carlin trend, and was acquired by Kinross in January 2016.

• Ownership100% Kinross
• MiningOpen pit
• LocationNevada, USA
• ProcessingHeap leach
• 2020 Gold Equivalent Production191,282 oz.
• 2020 Cost of SalesUS $836/oz.
• 2020 Proven and Probable Reserves1,143 Au koz.(as of December 31, 2020)

In October 2018, Kinross acquired the remaining 50% of the Bald Mountain joint venture zone from Barrick Gold to consolidate ownership. The Company now owns 100% of the Bald Mountain property, the largest private mining land package in the U.S.

The mine is a strong fit with Kinross’ portfolio and provides opportunities to leverage Kinross' open-pit heap leach expertise.

The Company expects to continue to develop Bald Mountain’s upside potential.

With more than 3.5 million ounces of estimated measured and indicated gold resources and a pipeline of high-quality targets, the Company is exploring further opportunities for additional resource conversions and exploration success.

For more information, please see our Projects and Exploration page here.

Vantage Complex project

The Vantage Complex project produced its first gold bar in June 2019. The Vantage Complex entailed a new heap leach pad, and associated processing facilities and infrastructure, which are expected to accommodate a total capacity of 68 million tonnes of ore.