ROUND MOUNTAIN GOLD MINE

Round Mountain is an open-pit mine located in Nevada, one of the best mining jurisdictions in the world. Round Mountain uses conventional open-pit mining methods and processes ore by mill and heap leach.

• Ownership100% Kinross
• MiningOpen pit
• LocationNevada, USA
• ProcessingHeap leach, milling, gravity
• Expected Life of Mine2027
• 2020 Gold Equivalent Production324,277 oz.
• 2020 Cost of SalesUS $688/oz.
• 2020 Proven and Probable Reserves2,245 Au koz.

In January 2016, Kinross acquired the 50% of Round Mountain it did not already own from Barrick Gold, consolidating ownership of one of Kinross’ best run and established mines. The Company continues to advance promising initiatives to optimize the operation and potentially extend estimated mine life.

Kinross began operating the mine in 2003, and it has since become a continuous improvement leader in the Company’s portfolio. Round