Exhibit 99.1

Kinross Gold Corporation   25 York Street, 17th Floor Toronto, ON Canada  M5J 2V5

For more information,

please see Kinross’ second quarter

2010 Financial Statements and MD&A

at www.kinross.com

NEWS RELEASE

Kinross reports 2010 second quarter results

Margins increase by 38%

Adjusted net earnings4 up 34%; adjusted operating cash flow4 up 20%

$7.1-billion friendly combination with Red Back creates new high-growth gold producer

Toronto, Ontario – August 4, 2010 – Kinross Gold Corporation (TSX: K, NYSE: KGC) today announced its unaudited results for the second quarter ended June 30, 2010.

(This news release contains forward-looking information that is subject to the risks and assumptions set out in our Cautionary Statement on Forward-Looking Information located on page 8 of this news release. All dollar amounts in this news release are expressed in U.S. dollars, unless otherwise noted.)

Highlights

●  Production1 in the second quarter 2010 was 538,270 gold equivalent ounces, a slight decrease of 4% over the same period last year.

●  Revenue for the quarter was $696.6 million, compared with $598.1 million in the second quarter of 2009, an increase of 16%. The average realized gold price for the quarter was $1,158 per ounce sold, compared with $915 per ounce sold in Q2 2009, an increase of 27%.

●  Cost of sales per gold equivalent ounce2 was $496 for Q2, an increase of 14% compared with Q2 2009. Cost of sales per gold ounce on a by-product basis was $459 in Q2 compared with $382 for the same period last year.

●  Kinross’ attributable margin per ounce sold3 was a record $662 in Q2, a year-over-year increase of 38%.

●  Adjusted operating cash flow4 was $271.4 million, or $0.39 per share, compared with $227.1 million, or $0.33 per share, in Q2 2009, an increase of 20% in adjusted operating cash flow.

●  Adjusted net earnings4 were $113.1 million, or $0.16 per share, compared with $84.3 million, or $0.12 per share, in Q2 2009, an increase of 34% in adjusted net earnings. Reported net earnings were $103.8 million, or $0.15 per share, compared with $19.3 million, or $0.03 per share, in Q2 2009.

●  On August 2, Kinross and Red Back Mining Inc. announced a $7.1-billion transaction to create a pure gold senior producer with an exceptional growth profile, combining Kinross’ strong base of high-quality mines, growth projects, and proven track record, with Red Back’s early-stage operating mines and outstanding exploration and expansion potential.

●  On July 23, Kinross announced that it had sold its 19.9% equity interest in Harry Winston Diamond Corporation. Proceeds from this sale are approximately $186 million. The Company also agreed to sell its interest in the Diavik Diamond Mine joint venture for approximate proceeds of $220 million5.

●  Kinross has agreed to acquire B2Gold Corp.’s right to an interest in the Kupol East and West exploration licence areas, further consolidating the Company’s interests in the area surrounding the Kupol mine.

●  The Board of Directors declared a dividend of $0.05 per share payable on September 30, 2010 to shareholders of record at the close of business on August 31, 2010.

CEO Commentary

Tye Burt, President and CEO, made the following comments in relation to second quarter 2010 results:

“Kinross recorded another quarter of strong financial results, with record margins and year-over-year increases in revenue, operating cash flow, and adjusted net earnings4. We remain on target to meet our overall 2010 production and cost of sales per ounce forecast.

1 Unless otherwise stated, production figures in this release are based on Kinross’ 75% share of Kupol production.

2 Cost of sales per ounce is a non-GAAP measure and is defined as cost of sales as per the financial statements divided by the number of gold equivalent ounces sold, both reduced for Kupol sales attributable to a third-party 25% shareholder.

3 Attributable margin per ounce sold is a non-GAAP measure and is defined as average realized gold price per ounce less attributable cost of sales per gold equivalent sold.

4 Reconciliation of non-GAAP measures is located on page 10 of this news release.

5Preliminary proceeds based on the Harry Winston share price on July 22.

www.kinross.com

Kinross Gold Corporation   25 York Street 17th Floor Toronto, ON, Canada  M5J 2V5

“Our friendly combination with Red Back gives Kinross immediate additional production and exceptional growth opportunities, plus a major presence in one of the world’s fastest growing gold regions. With Kinross’ ability to realize the significant upside potential in Red Back’s assets, this combination presents an outstanding opportunity for the shareholders of both companies.

“We continue to make good progress on Kinross’ stand-alone growth program. We’ve commenced engineering on the Maricunga optimization project, advanced our exploration and site activities at Dvoinoye in anticipation of closing our acquisition, acquired B2Gold’s rights in the Kupol East and West exploration areas, and made solid progress at our major development projects during the quarter, receiving key permits at Fruta del Norte in Ecuador, and advancing our drilling program and permitting activities at Lobo-Marte.

“We were pleased to realize a significant gain for our shareholders with the sale of our Harry Winston shares and expected sale of our interest in the Diavik mine, which will help fund future growth.”

Financial results

Summary of financial and operating results

		Three months ended				Six months ended
		June 30,				June 30,
	(dollars in millions, except per share and per ounce amounts)	2010		2009		2010		2009
	Total(a) gold equivalent ounces(b) - produced		585,027		619,045		1,177,391		1,210,214
	Total gold equivalent ounces(b) - sold		603,376		651,390		1,222,122		1,241,901
	Attributable(c) gold equivalent ounces(b) - produced		538,270		560,479		1,082,404		1,087,367
	Attributable(c) gold equivalent ounces(b) - sold		551,958		583,607		1,119,056		1,110,414
	Metal sales	$	696.6	$	598.1	$	1,354.2	$	1,130.8
	Cost of sales (excludes accretion and reclamation expense, depreciation, depletion and amortization)	$	289.9	$	270.0	$	567.3	$	504.5
	Accretion and reclamation expense	$	5.2	$	4.6	$	10.4	$	9.2
	Depreciation, depletion and amortization	$	112.6	$	117.0	$	241.5	$	228.2
	Operating earnings	$	220.5	$	154.5	$	413.9	$	295.1
	Net earnings	$	103.8	$	19.3	$	214.4	$	95.8
	Basic earnings per share	$	0.15	$	0.03	$	0.31	$	0.14
	Diluted earnings per share	$	0.15	$	0.03	$	0.31	$	0.14
	Adjusted net earnings (d)	$	113.1	$	84.3	$	210.5	$	154.6
	Adjusted net earnings per share (d)	$	0.16	$	0.12	$	0.30	$	0.22
	Cash flow provided from operating activities	$	216.4	$	171.8	$	428.4	$	337.2
	Adjusted operating cash flow (d)	$	271.4	$	227.1	$	497.7	$	442.0
	Adjusted operating cash flow per share (d)	$	0.39	$	0.33	$	0.71	$	0.64
	Average realized gold price per ounce	$	1,158	$	915	$	1,111	$	906
	Consolidated cost of sales per equivalent ounce sold (e)	$	480	$	414	$	464	$	406
	Attributable(c) cost of sales per equivalent ounce sold (e)	$	496	$	434	$	478	$	427
	Attributable(c) cost of sales per ounce sold on a by-product basis (f)	$	459	$	382	$	437	$	376
(a)	“Total” includes 100% of Kupol production.
(b)	“Gold equivalent ounces” include silver ounces produced and sold converted to a gold equivalent based on the ratio of the average spot market prices for the commodities for each period. The ratio for the second quarter of 2010 was 65.31:1, compared with 67.03:1  for the second quarter of 2009 and for the first six months of 2010 was 65.49:1, compared with 69.49:1 for the first six months of 2009.
(c)	“Attributable” includes Kinross’ share of Kupol production (75%) only.
(d)	“Adjusted net earnings”, “Adjusted net earnings per share”, “Adjusted operating cash flow” and “Adjusted operating cash flow per share” are non-GAAP measures. The reconciliation of these non-GAAP financial measures is located in this news release.
(e)	“Consolidated cost of sales per ounce” is a non-GAAP measure and is defined as cost of sales as per the consolidated financial statements divided by the total number of gold equivalent ounces sold.
(f)	“Attributable cost of sales per ounce on a by-product basis” is a non-GAAP measure and is defined as cost of sales as per the consolidated financial statements less attributable(c) silver revenue divided by the total number of attributable(c) gold ounces sold.  The reconciliation of this non-GAAP measure is located in this news release.

Kinross produced 538,270 attributable gold equivalent ounces in the second quarter of 2010, a 4% decrease over the second quarter of 2009, mainly due to lower than expected production at our operations in Chile, and expected lower grades at Kupol.

p. 2  Kinross reports 2010 second quarter results www.kinross.com

Kinross Gold Corporation   25 York Street 17th Floor Toronto, ON, Canada  M5J 2V5

Cost of sales per gold equivalent ounce was $496 compared with $434 per ounce for the second quarter of 2009, an increase of 14%. Cost of sales per gold ounce on a by-product basis was $459, based on attributable gold sales of 519,634 ounces.

Revenue from metal sales was $696.6 million in the second quarter of 2010, versus $598.1 million during the same period in 2009, an increase of 16%. The average realized gold price was $1,158 per ounce, compared with $915 per ounce for the second quarter of 2009, an increase of 27%.

Kinross’ margin per gold equivalent ounce sold was $662 for the quarter, an increase of 38% compared with the second quarter of 2009.

Adjusted operating cash flow4 was $271.4 million for the quarter, or $0.39 per share, compared with $227.1 million, or $0.33 per share, for the second quarter of 2009. Cash, cash equivalents and short-term investments were $694.8 million at June 30, 2010 compared with $632.4 million at December 31, 2009.

Adjusted net earnings4 were $113.1 million, or $0.16 per share, for the second quarter of 2010, compared with adjusted net earnings of $84.3 million, or $0.12 per share, for the same period last year.

Reported net earnings were $103.8 million, or $0.15 per share, for the second quarter of 2010 compared with reported net earnings of $19.3 million, or $0.03 per share, for the second quarter of 2009.

Capital expenditures were $109.7 million for the second quarter of 2010, compared with $124.9 million for the same period last year. Exploration expenses for the second quarter of 2010 were $22.8 million, with capitalized exploration expenses totalling $1.3 million for the quarter.

Operating results

Mine-by-mine summaries of second quarter 2010 operating results may be found on pages 12 and 16 of this news release. Highlights include the following:

§ At Paracatu, gold equivalent production and costs continued to improve in the second quarter, with over 118,000 gold equivalent ounces produced at a cost of sales per ounce of $525. Quarterly production increased by 35% compared to Q2 2009 while cost of sales per ounce has decreased by 25%. Throughput and recovery at the expansion plant have continued to trend upward as the result of plant enhancements and refinements, with average recovery levels for the quarter over 79%, and an average mill throughput rate of 3,250 tonnes per hour.

§ Second quarter production from the La Coipa and Maricunga mines was below plan by approximately 38,000 gold equivalent ounces in total, and costs were higher, due to a combination of external factors and operating issues at both sites.  At La Coipa, a higher concentration of clay in the ore blend impacted filter plant capacity, which in turn reduced throughput in the first half of 2010. At Maricunga, access to ore was restricted through the first half as mining reached the bottom of the Verde pit, and, combined with slope stability issues, resulted in a reduction in total tonnes mined and ore delivered to the plant. In addition, a total of 14 days of production were lost at the mine sites in the second quarter as a result of severe winter weather.

The Company has launched a coordinated plan to address these operational issues, led by a strengthened regional management team. At La Coipa, a comprehensive overhaul of the filter plant is underway, and improved operational controls are being introduced, along with a new ore classification program.  At Maricunga, the mine plan has been revised, stripping on the Pancho pit has been accelerated and oxide ore is now being processed, and the new camp is fully occupied, providing improved accommodations at a lower elevation. In June, ore tonnages to the crusher at Maricunga were on plan. In addition, an upgrade to the Adsorption, Desorption and Refining (ADR) plant at Maricunga is expected to be completed by year-end, allowing more efficient recovery of gold from the leach solution, and removing a plant bottleneck.

While operational issues at both mines are being addressed, due to production losses and cost increases, primarily in the first half, Kinross has revised its 2010 production and cost of sales forecast for Chile, as outlined in the Outlook section of this news release.

p. 3  Kinross reports 2010 second quarter results www.kinross.com

Kinross Gold Corporation   25 York Street 17th Floor Toronto, ON, Canada  M5J 2V5

§ At both Kettle River-Buckhorn and Round Mountain, production and costs were consistent with forecast for the second quarter. At Fort Knox, costs were higher than forecast, as air inversions during the winter months caused delays which extended Phase 6 mining into the second quarter, resulting in higher costs compared to the original plan to mine Phase 7. Performance of the heap leach remains strong, with tonnes to the pad and gold production both ahead of plan.

§ At Kupol, ore extraction and gold production were slightly ahead of plan for the quarter.  The winter road haulage was completed on schedule. Ground control management relating to the underground summer thaw has improved compared to last year. As planned, third quarter production is expected to be approximately 80% of average quarterly production as a result of the ground control management program.

Project update and new developments

The forward-looking information contained in this section of the release is subject to the risks and assumptions contained in the Cautionary Statement on Forward-Looking Information on page 8 of this news release.

Growth projects at sites

Dvoinoye acquisition

Kinross remains on schedule to close its Dvoinoye transaction in the third quarter of 2010. All applications for governmental approvals have been submitted, including the application for approval of foreign ownership of a strategic deposit.  Kinross expects this approval to be granted in the third quarter. In anticipation of closing, the Company has begun a number of activities at site, including construction of a temporary camp, which is now complete, construction of an all-season road to the site, and selection of an engineering firm to commence concept and pre-feasibility studies. Both the 2010 exploration program and the five-year exploration program, including an exploration decline, have been approved by government authorities, and exploration activities commenced in late June. Kinross expects to spend approximately $5 million on exploration activities and $15 million on other development activities in 2010.

Paracatu third ball mill

The third ball mill at Paracatu remains on schedule and on budget for commissioning in the first half of 2011. Construction is 23% complete and procurement is 75% complete. The majority of mill components have now been delivered to site, and the concrete pour for the mill foundation will be complete by the end of August. All major construction packages have been awarded. The Company continues to study options to further expand throughput at Paracatu.

Maricunga optimization

The feasibility study for the Maricunga optimization was completed on schedule in the second quarter. The project scope includes a mine fleet of four haul trucks and one hydraulic shovel, a new primary crusher, a three-kilometre conveyor, two new secondary crushers, and conversion of two existing secondary crushers to tertiary crushers to operate in parallel with four existing tertiary crushers. Total estimated capital expenditures for the project are expected to be approximately $290 million, but with a reduction of approximately $25 million in sustaining life of mine capital due to the expected reduction in mine life as a result of accelerated mining.

The project would be expected to increase processing capacity of the Maricunga mine and heap leach operation from 16 million tonnes per annum to 26 million tonnes per annum, resulting in an incremental production increase of approximately 90,000-100,000 ounces per year, and an estimated cost of sales of approximately $540 – $560 per gold equivalent ounce.

Following receipt of the necessary permits, the construction period for the project is estimated to be approximately 18 months. The Company has completed water studies to support the environmental permit application submitted in July and expects to spend approximately $20 million on basic engineering and equipment purchases through year-end. The Company expects to be in a position to provide a more detailed update on the permitting and project timeline in the next quarter.

p. 4  Kinross reports 2010 second quarter results www.kinross.com

Kinross Gold Corporation   25 York Street 17th Floor Toronto, ON, Canada  M5J 2V5

Maricunga SART plant

An EPCM firm has been selected, for the $46 million Sulphidization, Acidification, Recycling and Thickening (SART) plant at Maricunga, which remains on schedule to be operational by late 2011. The SART plant is expected to optimize gold recovery by removing copper from the heap leach solution, adding approximately 10,000 gold equivalent ounces of copper production per year, and significantly reducing reagent consumption.

New developments

Lobo-Marte

The Lobo-Marte drilling program continued in the second quarter. A permit for an additional 12,000 metres of drilling was received in mid-April. Infill, geotechnical, condemnation and hydrogeological drilling continue and are expected to be complete by early October. A permit application for an additional 20,000 metres of drilling, including step-out drilling, was submitted in June. An updated pre-feasibility study is expected to be completed in the fourth quarter, followed by a feasibility study in the first quarter of 2011, while the required Environmental Impact Assessment (EIA) is on schedule to be submitted in mid-2011.

Fruta del Norte

The Company continues to make good progress in advancing its FDN project in Ecuador. As previously disclosed, the Company completed its 18,000-metre infill drilling campaign ahead of schedule. In early July, also ahead of schedule, Kinross received its Environmental Licence for the La Zarza concession, the location of the FDN orebody and proposed exploration decline. This licence authorizes additional drilling of 180 holes for reserve and resource definition and hydrogeological and geotechnical purposes, as well as infrastructure improvements. Kinross was the first company to receive such an Environmental Licence under the terms of Ecuador’s new mining law and related regulations. The Company has also received approval to proceed with geotechnical and hydrogeological drilling on the Colibri concession, the proposed site for the processing plant and tailings facility.  Kinross has submitted the terms of reference for an Environmental Impact Assessment (EIA) for the proposed exploration decline at La Zarza and expects to submit the EIA for the decline in the third quarter. In addition, the Company expects to submit an EIA for exploration and condemnation drilling on the Colibri concession this fall. The project pre-feasibility study remains on schedule to be completed by year-end, at which time the Company also expects to declare a NI 43-101 compliant reserve. A full feasibility study is expected to be completed in the first half of 2011.

Kinross continues to consult with the Ecuadorian government regarding the form and content of a model exploitation contract for the mining industry which the government has indicated it intends to publish in the fall of 2010, after which Kinross would expect to begin negotiations with the government regarding an exploitation and investment protection agreement for FDN.

Cerro Casale

The project feasibility study for Cerro Casale was approved by the CMC board in May. The review of any additional permitting requirements before considering a construction decision is progressing. An engineering contractor has been selected and basic engineering has commenced.

Underworld Resources acquisition

Following completion of Kinross’ acquisition of Underworld Resources on June 30, 2010, the Underworld shares were delisted from the TSX-V on July 6, 2010. Kinross is proceeding with a $15 million exploration program on the Underworld properties, with two drills active on the White Gold property and one drill on the J.P. Ross property. By the end of the second quarter, 13,000 metres had been drilled, with plans to drill approximately 30,000 metres by year-end. Airborne and ground-based geophysical surveys are in progress, and some 10,000 surface geochemical samples have been collected.

p. 5  Kinross reports 2010 second quarter results www.kinross.com

Kinross Gold Corporation   25 York Street 17th Floor Toronto, ON, Canada  M5J 2V5

Recent transactions

Friendly combination with Red Back Mining

On August 2,  Kinross and Red Back announced that their respective Boards of Directors had unanimously approved a friendly combination through a plan of arrangement,  whereby Kinross will acquire all of the outstanding common shares of Red Back that it does not already own. The total value of the proposed transaction is approximately $7.1 billion, on a fully-diluted basis.

Red Back shareholders will receive 1.778 Kinross common shares, plus 0.110 of a Kinross common share purchase warrant for each Red Back common share held. Pursuant to the transaction, Kinross expects to issue approximately 425 million6 common shares, and approximately 26 million Kinross warrants. Following the completion of the transaction, the current Kinross shareholders will hold approximately 63% of the combined company, while current shareholders of Red Back will hold approximately 37%.

The value of the offer is C$30.50 per Red Back common share, representing a premium of approximately 21% based on the preceding 20-day volume-weighted average price of Red Back common shares traded on the TSX and the July 30, 2010 closing price of Kinross common shares traded on the TSX. The warrants are expected to be listed on the TSX and be exercisable7 for a four-year term at an exercise price of $21.30, representing an approximate 30% premium to the July 30, 2010 closing price of $16.39 for Kinross common shares.

The transaction will be carried out by way of a court-approved plan of arrangement and will require the approval of at least 66 2/3 % of the votes cast by the shareholders of Red Back at a special meeting of the Red Back shareholders expected to take place in mid-September, and the approval of a majority of votes cast by the shareholders of Kinross at a special meeting of Kinross shareholders expected to take place at the same time as the Red Back meeting.

Kupol East and West licences

Kinross announced that it has entered into an agreement with B2Gold Corp. to acquire B2Gold’s right to an interest in the Kupol East and West exploration licence areas. According to the new agreement, Kinross is no longer obligated to enter into joint venture arrangements with B2Gold in respect of Kinross’ 75% interest in these licence areas. In exchange, Kinross will pay B2Gold: $33 million in cash on closing; contingent payments based on National Instrument 43-101 qualified proven and probable reserves within the licence areas declared in the future; and, payments based on net smelter returns from any future production from the licence areas. The closing is subject to certain customary conditions, and is expected to occur in August 2010.

Sale of interest in Harry Winston Diamond Corporation and Diavik mine

On July 23, the Company announced that it had entered into an agreement with a group of financial institutions to sell its approximate 19.9% equity interest in Harry Winston Diamond Corporation, consisting of 15.2 million Harry Winston common shares, on an underwritten block trade basis, for proceeds of approximately $186 million.

Kinross also announced that it reached an agreement in principle with Harry Winston Diamond Corporation, pursuant to which Kinross will sell its 22.5% interest in the partnership holding Harry Winston’s 40% interest in the Diavik Diamond Mine joint venture to Harry Winston for approximately $220 million, comprised of $50 million cash, approximately 7.1 million Harry Winston common shares with a value of approximately $100 million based on the Harry Winston share price on July 22, 2010, and a note payable in the amount of $70 million. The completion of the transaction is subject to execution of definitive binding documentation, as well as the approval of the boards of both Harry Winston and Kinross, the receipt of all required third party consents, the receipt of required regulatory approvals (including the approval of the Toronto Stock Exchange) and other customary conditions of closing.

6 On a fully-diluted, in-the-money basis, excluding the warrant consideration, based on shares, warrants and options, outstanding as of June 30, 2010 with respect to Kinross, and as of August 2, 2010 with respect to Red Back.

7The Kinross common share purchase warrants may not be exercised by any holder during the initial 40-day period following their date of issuance, and thereafter may not be exercised by any holder who is in the United States or who is a U.S. person.

p. 6  Kinross reports 2010 second quarter results www.kinross.com

Kinross Gold Corporation   25 York Street 17th Floor Toronto, ON, Canada  M5J 2V5

Credit Facility

On June 17, Kinross increased the size of its revolving credit facility from $450 million to $600 million. All other terms and conditions under the existing revolving credit facility remain unchanged, and the facility has a maturity date of November 2012.

Outlook

The forward-looking information contained in this section is subject to the risk factors and assumptions contained in the Cautionary Statement on Forward-Looking Information located on page 8 of this news release.

As stated in its guidance news release of January 14, 2010, Kinross expects to produce approximately 2.2 million attributable gold equivalent ounces in 2010. Considering the change in the forecast for Chile, Kinross expects to be at the high end of the $460-490 cost of sales per gold equivalent ounce range.

The Company is revising its regional forecast for 2010 production and cost of sales in Chile, and now expects to produce 350,000-380,000 gold equivalent ounces from its Chilean operations at an average cost of sales of $630-680 per ounce, compared to the previous forecast of 460,000-480,000 gold equivalent ounces at an average cost of sales of $500-520 per ounce.

As a result of the addition of Dvoinoye, Kinross has increased its 2010 exploration expenditure forecast from $97 million to $102 million and its 2010 other operating cost forecast from $46 million to $61 million.

Conference call details

In connection with this news release, Kinross will hold a conference call and audio webcast on Thursday, August 5, 2010 at 8:30 a.m. EDT to discuss the results, followed by a question-and-answer session. To access the call, please dial:

Canada & US toll-free – 1-800-319-4610

Outside of Canada & US – 1-604-638-5340

Replay (available up to 14 days after the call):

Canada & US toll-free – 1-800-319-6413; Passcode – 3310 followed by #.

Outside of Canada & US – 1-604-638-9010; Passcode – 3310 followed by #.

You may also access the conference call on a listen-only basis via webcast at our website www.kinross.com. The audio webcast will be archived on our website at www.kinross.com.

This release should be read in conjunction with Kinross’ second quarter 2010 Financial Statements and the Management’s Discussion and Analysis report at www.kinross.com.

Kinross’ unaudited second quarter 2010 statements have been filed with Canadian securities regulators (available at www.sedar.com) and furnished with the U.S. Securities and Exchange Commission (available at www.sec.gov). Kinross shareholders may obtain a copy of the statements free of charge upon request to the Company.

p. 7  Kinross reports 2010 second quarter results www.kinross.com

Kinross Gold Corporation   25 York Street 17th Floor Toronto, ON, Canada  M5J 2V5

About Kinross Gold Corporation

Kinross is a Canadian-based gold mining company with mines and projects in Canada, the United States, Brazil, Chile, Ecuador and Russia, employing approximately 5,500 people worldwide.

Kinross’ strategic focus is to maximize net asset value and cash flow per share through a four-point plan built on: delivering mine and financial performance; attracting and retaining the best people in the industry; achieving operating excellence through the “Kinross Way”; and delivering future value through profitable growth opportunities.

Kinross maintains listings on the Toronto Stock Exchange (symbol:K) and the New York Stock Exchange (symbol:KGC).

Media Contact

Steve Mitchell

Vice-President, Corporate Communications

phone: 416-365-2726

steve.mitchell@kinross.com

Investor Relations Contact

Erwyn Naidoo

Vice-President, Investor Relations

phone: 416-365-2744

erwyn.naidoo@kinross.com

Cautionary statement on forward-looking information

All statements, other than statements of historical fact, contained or incorporated by reference in this news release, but not limited to, any information as to the future financial or operating performance of Kinross, constitute ‘‘forward-looking information’’ or ‘‘forward-looking statements’’ within the meaning of certain securities laws, including the provisions of the Securities Act (Ontario) and the provisions for ‘‘safe harbour’’ under the United States Private Securities Litigation Reform Act of 1995 and are based on expectations, estimates and projections as of the date of this news release. Forward-looking statements include, without limitation, possible events, statements with respect to possible events, the future price of gold and silver, the estimation of mineral reserves and resources, the realization of mineral reserve and resource estimates, the timing and amount of estimated future production, costs of production, expected capital expenditures, costs and timing of the development of new deposits, success of exploration, development and mining activities, permitting timelines, currency fluctuations, requirements for additional capital, government regulation of mining operations, environmental risks, unanticipated reclamation expenses, title disputes or claims and limitations on insurance coverage. The words ‘‘plans’’, ‘‘expects’’ or ‘‘does not expect’’, ‘‘is expected’’, ‘‘budget’’, ‘‘scheduled’’, ‘‘estimates’’, ‘‘forecasts’’, “targets”, ‘‘intends’’, ‘‘anticipates’’, or ‘‘does not anticipate’’, or ‘‘believes’’, or variations of such words and phrases or statements that certain actions, events or results ‘‘may’’, ‘‘could’’, ‘‘would’’, ‘‘should’’, ‘‘might’’, or ‘‘will be taken’’, ‘‘occur’’ or ‘‘be achieved’’ and similar expressions identify forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by Kinross as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. The estimates and assumptions of Kinross contained or incorporated by reference in this news release, which may prove to be incorrect, include, but are not limited to, the various assumptions set forth herein and in our most recently filed Annual Information Form and in the “Cautionary Statement on Forward-looking Information” in our news release dated August 2, 2010 regarding the combination of the Company with Red Back Mining Inc., or as otherwise expressly incorporated herein by reference as well as: (1) there being no significant disruptions affecting the operations of the Company or any entity in which it now or hereafter directly or indirectly holds an investment, whether due to labour disruptions, supply disruptions, power disruptions, damage to equipment or otherwise; (2) permitting, development, operations, expansion and acquisitions at Paracatu (including, without limitation, land acquisitions for and permitting and construction of the new tailings facility) being consistent with our current expectations; (3) development of the Phase 7 pit expansion and the heap leach project at Fort Knox continuing on a basis consistent with Kinross’ current expectations; (4) the viability, permitting and development of the Fruta del Norte deposit being consistent with Kinross’ current expectations; (5) political developments in any jurisdiction in which the Company, or any entity in which it now or hereafter directly or indirectly holds an investment, operates being consistent with its current expectations including, without limitation, the implementation of Ecuador’s new mining law and related regulations and policies, and negotiation of an exploitation contract with the government, being consistent with Kinross’ current expectations; (6) permitting, construction, development and production at Cerro Casale being consistent with the new feasibility study prepared and approved by the joint venture and the Company’s current expectations; (7) the viability, permitting and development of the Lobo-Marte project, including, without limitation, the metallurgy and processing of its ore, being consistent with our current expectations; (8) the exchange rate between the Canadian dollar, Brazilian real, Chilean peso, Russian rouble and the U.S. dollar being approximately consistent with current levels; (9) certain price assumptions for gold and silver; (10) prices for natural gas, fuel oil, electricity and other key supplies being approximately consistent with current levels; (11) production and cost of sales forecasts for the Company, and entities in which it now or hereafter directly or indirectly holds an investment, meeting expectations; (12) the accuracy of the current mineral reserve and mineral resource estimates of the Company and any entity in which it now or hereafter directly or indirectly holds an investment; (13) labour and materials costs increasing on a basis consistent with Kinross’ current expectations; and (14) the closing of Kinross’ acquisition of the Dvoinoye and Vodorazdelnaya deposits being consistent with Kinross’ expectations. Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking statements. Such factors include, but are not limited to: fluctuations in the currency markets; fluctuations in the spot and forward price of gold or certain other commodities (such as diesel fuel and electricity); changes in interest rates or gold or silver lease rates that could impact the mark-to-market value of outstanding derivative instruments and ongoing payments/receipts under any interest rate swaps and variable rate debt obligations; risks arising from holding derivative instruments (such as credit risk, market liquidity risk and mark-to-market risk); changes in national and local government legislation, taxation, controls, policies and regulations, the security of personnel and assets, and political or economic developments in Canada, the United States, Chile, Brazil, Russia, Ecuador, or other countries in which Kinross, or entities in which it now or hereafter directly or indirectly holds an investment, do business or may carry on business in the future; business opportunities that may be presented to, or pursued by, us; our ability to successfully integrate acquisitions; operating or technical difficulties in connection with mining or development activities; employee relations; the speculative nature of gold exploration and development, including the risks of obtaining necessary licenses and permits; diminishing quantities or grades of reserves; adverse changes in our credit rating; and contests over title to properties, particularly title to undeveloped properties. In addition, there are risks and hazards associated with the business of gold exploration, development and mining, including environmental hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins, flooding and gold bullion losses (and the risk of inadequate insurance, or the inability to obtain insurance, to cover these risks). Many of these uncertainties and contingencies can directly or indirectly affect, and could cause, Kinross’ actual results to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf of, Kinross. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are provided for the purpose of providing information about management’s expectations and plans relating to the future. All of the forward-looking statements made in this news release are qualified by these cautionary statements and those made in our other filings with the securities regulators of Canada and the United States including, but not limited to, the cautionary statements made in the ‘‘Risk Factors’’ section of our most recently filed Annual Information Form. These factors are not intended to represent a complete list of the factors that could affect Kinross. Kinross disclaims any intention or obligation to update or revise any forward-looking statements or to explain any material difference between subsequent actual events and such forward-looking statements, except to the extent required by applicable law.

p. 8  Kinross reports 2010 second quarter results www.kinross.com

Kinross Gold Corporation   25 York Street 17th Floor Toronto, ON, Canada  M5J 2V5

Key Sensitivities

Approximately 50%-60% of the Company’s costs are denominated in US dollars.

A 10% change in foreign exchange could result in an approximate $7 impact in cost of sales per ounce.8

A $10 change in the price of oil could result in an approximate $3 impact on cost of sales per ounce.

The impact on royalties of a $100 change in the gold price could result in an approximate $4 impact on cost of sales per ounce.

Other information

Where we say ‘‘we’’, ‘‘us’’, ‘‘our’’, the ‘‘Company’’, or ‘‘Kinross’’ in this news release, we mean Kinross Gold Corporation and/or one or more or all of its subsidiaries, as may be applicable.

8Refers to all of the currencies in the countries where the Company has mining operations, fluctuating simultaneously by 10% in the same direction, either appreciating or depreciating, taking into consideration the impact of hedging and the weighting of each currency within our consolidated cost structure.

p. 9  Kinross reports 2010 second quarter results www.kinross.com

Kinross Gold Corporation   25 York Street 17th Floor Toronto, ON, Canada  M5J 2V5

Reconciliation of non-GAAP financial measures

The Company has included certain non-GAAP financial measures in this document. The Company believes that these measures, together with measures determined in accordance with GAAP, provide investors with an improved ability to evaluate the underlying performance of the Company. The inclusion of these measures is meant to provide additional information and should not be used as a substitute for performance measures prepared in accordance with GAAP. These measures are not necessarily standard and therefore may not be comparable to other issuers.

Adjusted net earnings and adjusted net earnings per share are non-GAAP measures which determine the performance of the Company, excluding certain impacts which the company believes are not reflective of the Company’s underlying performance, such as the impact of foreign exchange gains and losses, reassessment of prior year taxes and non-hedge derivative gains and losses. Management believes that these measures, which are also used internally, provide investors with the ability to better evaluate underlying performance particularly since the excluded items are typically not included in public guidance. The following table provides a reconciliation of net earnings to adjusted net earnings for the periods presented:

		GAAP to Adjusted Earnings Reconciliation
	(in US$ millions)	Three months ended					Six months ended
		June 30					June 30
		2010		2009			2010			2009
Net earnings  - GAAP		$	103.8	$	19.3		$	214.4		$	95.8
Adjusting items:
	Foreign exchange losses		3.6		57.5			1.8			51.9
	Non-hedge derivatives losses (gains) - net of tax		5.4		3.2			11.4			(1.5	)
	Losses (gains) on sale of assets and investments - net of tax		0.3		(0.2	)		(17.1	)		(0.7	)
	Taxes in respect of prior years		-		4.5			-			9.1
			9.3		65.0			(3.9	)		58.8
Net earnings - Adjusted		$	113.1	$	84.3		$	210.5		$	154.6
Weighted average number of common shares outstanding - Basic			698.8		694.7			697.6			687.5
Net earnings loss per share - Adjusted		$	0.16	$	0.12		$	0.30		$	0.22

The Company makes reference to a non-GAAP measure for adjusted operating cash flow and adjusted operating cash flow per share.  Adjusted operating cash flow is defined as cash flow from operations excluding certain impacts which the Company believes are not reflective of the Company’s regular operating cash flow, and excluding changes in working capital.  Working capital can be volatile due to numerous factors, including the timing of tax payments, and in the case of Kupol, a build-up of inventory due to transportation logistics.  Management believes that, by excluding these items from operating cash flow, this non-GAAP measure provides investors with the ability to better evaluate the cash flow performance of the Company.  The following table provides a reconciliation of adjusted cash flow from operations:

		GAAP to Adjusted Operating Cash Flow
	(in US$ millions)	Three months ended						Six months ended
		June 30						June 30
		2010			2009			2010			2009
Cash flow provided from operating activities - GAAP		$	216.4		$	171.8		$	428.4		$	337.2
Adjusting items:
	Working capital changes:
	Accounts receivable and other assets		53.0			47.2			61.2			50.4
	Inventories		12.1			17.6			(4.7	)		49.4
	Accounts payable and other liabilities		(10.1	)		(9.5	)		12.8			5.0
			55.0			55.3			69.3			104.8
Adjusted operating cash flow		$	271.4		$	227.1		$	497.7		$	442.0
Weighted average number of common shares outstanding - Basic			698.8			694.7			697.6			687.5
Adjusted operating cash flow per share		$	0.39		$	0.33		$	0.71		$	0.64

p. 10  Kinross reports 2010 second quarter results www.kinross.com

Kinross Gold Corporation   25 York Street 17th Floor Toronto, ON, Canada  M5J 2V5

Attributable cost of sales per ounce sold on a by-product basis is a non-GAAP measure which calculates the Company’s non-gold production as a credit against its per ounce cost of sales, rather than converting its non-gold production into gold equivalent ounces and crediting it to total production, as is the case in co-product accounting. Management believes that this measure, which is also used internally, provides investors with the ability to better evaluate Kinross’ cost of sales per ounce on a comparable basis with other major gold producers who routinely calculate their cost of sales per ounce using by-product accounting rather than co-product accounting. The following table provides a reconciliation of attributable cost of sales per ounce sold on a by-product basis for the periods presented:

		Attributable Cost of Sales Per Ounce Sold on a By-Product Basis
	(in US$ millions)	Three months ended						Six months ended
		June 30						June 30
		2010			2009			2010			2009
Cost of sales		$	289.9		$	270.0		$	567.3		$	504.5
Less: portion attributable to Kupol non-controlling interest		$	(16.1	)		(16.8	)	$	(32.8	)		(30.4	)
Less: attributable silver sales		$	(35.5	)		(49.9	)	$	(76.9	)		(92.4	)
Attributable cost of sales net of silver by-product revenue		$	238.3		$	203.3		$	457.6		$	381.7
Gold ounces sold			564,773			591,109		$	1,136,394			1,129,990
Less: portion attributable to Kupol non-controlling interest		$	(45,139	)		(59,541	)	$	(89,946	)		(115,700	)
Attributable gold ounces sold		$	519,634			531,568		$	1,046,448			1,014,290
Attributable cost of sales per ounce sold on a by-product basis		$	459		$	382		$	437		$	376

p. 11  Kinross reports 2010 second quarter results www.kinross.com

Kinross Gold Corporation   25 York Street 17th Floor Toronto, ON, Canada  M5J 2V5

Review of Operations

Three months ended June 30,
	Gold equivalent ounces
	Produced						Sold						Cost of sales ($millions)						Cost of sales/oz
	2010			2009			2010			2009			2010			2009			2010		2009
Fort Knox		86,270			67,391			80,999			63,443		$	52.0		$	34.3		$	642	$	541
Round Mountain		46,927			51,322			45,448			52,912			25.9			28.6			570		541
Kettle River - Buckhorn		50,463			33,807			53,364			27,414			16.4			8.2			307		299
US Total		183,660			152,520			179,811			143,769			94.3			71.1			524		495
Kupol (100%)		187,025			234,265			205,670			271,133			63.1			70.1			307		259
Russia Total		187,025			234,265			205,670			271,133			63.1			70.1			307		259
Paracatu		118,101			87,458			119,531			92,725			62.7			64.6			525		697
Crixás		18,076			20,646			16,751			17,763			8.8			7.5			525		422
Brazil Total		136,177			108,104			136,282			110,488			71.5			72.1			525		653
La Coipa		35,175			64,482			38,663			67,296			31.8			26.4			822		392
Maricunga		42,990			59,674			42,950			58,704			29.2			30.3			680		516
Chile Total		78,165			124,156			81,613			126,000			61.0			56.7			747		450
Operations Total		585,027			619,045			603,376			651,390		$	289.9		$	270.0		$	480	$	414
Less Kupol non-controlling interest (25%)		(46,757	)		(58,566	)		(51,418	)		(67,783	)		(16.1	)		(16.8	)
Attributable		538,270			560,479			551,958			583,607		$	273.8		$	253.2		$	496	$	434
Six months ended June 30,
	Gold equivalent ounces
	Produced						Sold						Cost of sales ($millions)						Cost of sales/oz
		2010			2009			2010			2009			2010			2009			2010		2009
Fort Knox		155,910			116,017			150,815			112,867		$	88.6		$	67.5		$	587	$	598
Round Mountain		92,556			101,498			90,980			103,898			54.2			54.6			596		526
Kettle River - Buckhorn		98,868			61,706			99,444			62,575			29.3			19.0			295		304
US Total		347,334			279,221			341,239			279,340			172.1			141.1			504		505
Kupol (100%)		379,946			491,388			412,265			525,947			127.9			127.3			310		242
Russia Total		379,946			491,388			412,265			525,947			127.9			127.3			310		242
Paracatu		235,573			160,203			240,652			164,818			130.0			112.6			540		683
Crixás		36,932			32,241			37,335			31,311			17.7			13.3			474		425
Brazil Total		272,505			192,444			277,987			196,129			147.7			125.9			531		642
La Coipa		82,839			130,722			97,351			123,558			61.8			48.4			635		392
Maricunga		94,767			116,439			93,280			116,927			57.8			61.8			620		529
Chile Total		177,606			247,161			190,631			240,485			119.6			110.2			627		458
Operations Total		1,177,391			1,210,214			1,222,122			1,241,901		$	567.3		$	504.5		$	464	$	406
Less Kupol non-controlling interest (25%)		(94,987	)		(122,847	)		(103,066	)		(131,487	)		(32.8	)		(30.4	)
Attributable		1,082,404			1,087,367			1,119,056			1,110,414		$	534.5		$	474.1		$	478	$	427

p. 12  Kinross reports 2010 second quarter results www.kinross.com

Kinross Gold Corporation   25 York Street 17th Floor Toronto, ON, Canada  M5J 2V5

Consolidated balance sheets

(unaudited expressed in millions of United States dollars, except share amounts)
	As at
	June 30,			December 31,
	2010			2009
Assets
Current assets
Cash, cash equivalents and short-term investments	$	694.8		$	632.4
Restricted cash		25.1			24.3
Accounts receivable and other assets		195.6			135.5
Inventories		538.4			554.4
Unrealized fair value of derivative assets		57.5			44.3
		1,511.4			1,390.9
Property, plant and equipment		4,519.1			4,989.9
Goodwill		818.9			1,179.9
Long-term investments		1,352.8			292.2
Unrealized fair value of derivative assets		17.3			1.9
Deferred charges and other long-term assets		167.0			158.4
	$	8,386.5		$	8,013.2
Liabilities
Current liabilities
Accounts payable and accrued liabilities	$	302.6		$	312.9
Current portion of long-term debt		121.8			177.0
Current portion of reclamation and remediation obligations		14.7			17.1
Current portion of unrealized fair value of derivative liabilities		205.8			131.0
		644.9			638.0
Long-term debt		589.1			515.2
Other long-term liabilities		514.9			543.0
Future income and mining taxes		502.5			624.6
		2,251.4			2,320.8
Non-controlling interest		180.2			132.9
Common shareholders’ equity
Common share capital and common share purchase warrants	$	6,587.4		$	6,448.1
Contributed surplus		176.1			169.6
Accumulated deficit		(658.5	)		(838.1	)
Accumulated other comprehensive loss		(150.1	)		(220.1	)
		5,954.9			5,559.5
Contingencies
Subsequent events
	$	8,386.5		$	8,013.2
Common shares
Authorized	Unlimited			Unlimited
Issued and outstanding		703,865,358			696,027,270

p. 13  Kinross reports 2010 second quarter results www.kinross.com

Kinross Gold Corporation   25 York Street 17th Floor Toronto, ON, Canada  M5J 2V5

Consolidated statements of operations

(unaudited expressed in millions of United States dollars, except per share and share amounts)
	Three months ended						Six months ended
	June 30,						June 30,
	2010			2009			2010			2009
Revenue
Metal sales	$	696.6		$	598.1		$	1,354.2		$	1,130.8
Operating costs and expenses
Cost of sales (excludes accretion, depreciation, depletion and amortization)		289.9			270.0			567.3			504.5
Accretion and reclamation expense		5.2			4.6			10.4			9.2
Depreciation, depletion and amortization		112.6			117.0			241.5			228.2
		288.9			206.5			535.0			388.9
Other operating costs		8.0			9.8			14.2			15.9
Exploration and business development		27.4			15.7			45.6			26.7
General and administrative		33.0			26.5			61.3			51.2
Operating earnings		220.5			154.5			413.9			295.1
Other income (expense) - net		(18.5	)		(78.8	)		5.6			(83.0	)
Earnings before taxes and other items		202.0			75.7			419.5			212.1
Income and mining taxes expense - net		(67.8	)		(21.6	)		(146.6	)		(54.7	)
Equity in losses of associated companies		(0.8	)		(6.0	)		(4.0	)		(6.7	)
Non-controlling interest of subsidiary		(29.6	)		(28.8	)		(54.5	)		(54.9	)
Net earnings	$	103.8		$	19.3		$	214.4		$	95.8
Earnings per share
Basic	$	0.15		$	0.03		$	0.31		$	0.14
Diluted	$	0.15		$	0.03		$	0.31		$	0.14
Weighted average number of common shares outstanding (millions)
Basic		698.8			694.7			697.6			687.5
Diluted		702.6			698.4			701.3			692.5

p. 14  Kinross reports 2010 second quarter results www.kinross.com

Kinross Gold Corporation   25 York Street 17th Floor Toronto, ON, Canada  M5J 2V5

Consolidated statements of cash flows

(unaudited expressed in millions of United States dollars)
	Three months ended						Six months ended
	June 30,						June 30,
	2010			2009			2010			2009
Net inflow (outflow) of cash related to the following activities:
Operating:
Net earnings	$	103.8		$	19.3		$	214.4		$	95.8
Adjustments to reconcile net earnings to net cash provided from operating activities:
Depreciation, depletion and amortization		112.6			117.0			241.5			228.2
Accretion and reclamation expenses		5.2			4.6			10.4			9.2
Accretion of convertible debt and deferred financing costs		4.3			4.2			8.7			8.4
Gain (loss) on disposal of assets and investments - net		0.3			(0.2	)		(37.0	)		(0.7	)
Equity in losses of associated companies		0.8			6.0			4.0			6.7
Non-hedge derivative losses (gains) - net		7.4			3.2			13.4			(1.5	)
Future income and mining taxes		(15.9	)		(22.0	)		(24.7	)		(27.8	)
Non-controlling interest		29.6			28.8			54.5			54.9
Stock-based compensation expense		8.3			6.2			16.4			13.8
Foreign exchange losses (gains) and Other		15.0			60.0			(3.9	)		55.0
Changes in operating assets and liabilities:
Accounts receivable and other assets		(53.0	)		(47.2	)		(61.2	)		(50.4	)
Inventories		(12.1	)		(17.6	)		4.7			(49.4	)
Accounts payable and other liabilities		10.1			9.5			(12.8	)		(5.0	)
Cash flow provided from operating activities		216.4			171.8			428.4			337.2
Investing:
Additions to property, plant and equipment		(109.7	)		(124.9	)		(191.9	)		(203.2	)
Asset purchases - net of cash acquired		10.8			-			10.8			(41.4	)
Net proceeds from the sale of long-term investments and other assets		-			-			450.6			0.1
Acquisition of long-term investments and other assets		(595.5	)		(3.9	)		(593.4	)		(175.6	)
Net proceeds from the sale of property, plant and equipment		0.4			0.3			0.6			0.3
Disposals of (additions to) short-term investments		25.0			54.4			35.0			(71.2	)
Decrease (increase) in restricted cash		21.2			28.4			(0.8	)		10.2
Other		(1.4	)		-			(2.2	)		(0.1	)
Cash flow used in investing activities		(649.2	)		(45.7	)		(291.3	)		(480.9	)
Financing:
Issuance of common shares		-			-			-			396.4
Issuance of common shares on exercise of options and warrants		3.4			2.8			6.4			12.6
Proceeds from issuance of debt		120.0			0.2			127.5			5.4
Repayment of debt		(53.4	)		(72.5	)		(117.5	)		(85.7	)
Dividends paid to common shareholders		-			-			(34.8	)		(27.8	)
Dividends paid to non-controlling shareholder		-			-			(7.2	)		-
Settlement of derivative instruments		(6.0	)		(4.9	)		(11.7	)		(8.5	)
Cash flow provided from (used in) financing activities		64.0			(74.4	)		(37.3	)		292.4
Effect of exchange rate changes on cash		(2.5	)		7.5			(2.4	)		6.3
Increase (decrease) in cash and cash equivalents		(371.3	)		59.2			97.4			155.0
Cash and cash equivalents, beginning of period		1,066.1			586.4			597.4			490.6
Cash and cash equivalents, end of period	$	694.8		$	645.6		$	694.8		$	645.6
Cash and cash equivalents, end of period	$	694.8		$	645.6		$	694.8		$	645.6
Short-term investments	$	-		$	105.7		$	-		$	105.7
Cash, cash equivalents and short-term investments	$	694.8		$	751.3		$	694.8		$	751.3

p. 15  Kinross reports 2010 second quarter results www.kinross.com

Kinross Gold Corporation   25 York Street 17th Floor Toronto, ON, Canada  M5J 2V5

Operating Summary
	Mine	Period		Ownership		Ore Processed (1)		Grade		Recovery (2)			Gold Eq Production		Gold Eq Sales		Cost of Sales		COS/oz		Cap Ex		DD & A
				(%)		(‘000 tonnes)		(g/t)		(%)			(ounces)		(ounces)		($ millions)		($/ounce)		($ millions)		($ millions)
U.S.A	Fort Knox(3)		Q2 2010		100		7,761		0.76		80	%		86,270		80,999		52.0		642		16.8		8.1
			Q1 2010		100		3,969		0.71		80	%		69,640		69,816		36.6		524		21.7		15.9
			Q4 2009		100		6,816		0.65		83	%		86,614		89,244		40.2		450		36.7		14.3
			Q3 2009		100		3,091		0.80		83	%		60,629		60,935		36.0		591		31.2		6.0
			Q2 2009		100		3,269		0.74		82	%		67,391		63,443		34.3		541		41.9		6.6
	Round Mountain		Q2 2010		50		7,390		0.50	nm				46,927		45,448		25.9		570		9.1		3.9
			Q1 2010		50		7,932		0.53	nm				45,629		45,532		28.3		622		7.0		4.7
			Q4 2009		50		6,748		0.65	nm				53,043		52,564		25.6		487		7.2		(3.9	)
			Q3 2009		50		7,792		0.53	nm				59,375		59,007		31.2		529		8.2		6.4
			Q2 2009		50		5,827		0.58	nm				51,322		52,912		28.6		541		9.0		4.9
	Kettle River		Q2 2010		100		99		18.20		91	%		50,463		53,364		16.4		307		2.8		23.9
			Q1 2010		100		92		19.58		91	%		48,405		46,080		12.9		280		2.0		21.1
			Q4 2009		100		97		20.73		92	%		62,363		62,065		16.5		266		6.1		23.0
			Q3 2009		100		82		19.57		95	%		49,486		57,832		18.1		313		8.3		19.5
			Q2 2009		100		56		20.26		94	%		33,807		27,414		8.2		299		8.2		12.0
Russia	Kupol - 100%		Q2 2010		75		290		18.55		94	%		187,025		205,670		63.1		307		2.9		42.9
			Q1 2010		75		283		20.20		95	%		192,921		206,595		64.8		314		8.4		43.8
			Q4 2009		75		279		21.50		93	%		219,612		200,234		58.2		291		10.5		41.9
			Q3 2009		75		293		20.93		95	%		214,507		217,367		60.0		276		12.3		48.2
			Q2 2009		75		279		23.80		95	%		234,265		271,133		70.1		259		10.0		59.4
	Kupol (5) (6)		Q2 2010		75		290		18.55		94	%		140,268		154,252		47.0		305		2.0		35.7
			Q1 2010		75		283		20.20		95	%		144,691		154,946		48.7		314		6.3		36.4
			Q4 2009		75		279		21.50		93	%		164,709		150,176		43.3		288		7.9		38.8
			Q3 2009		75		293		20.93		95	%		160,880		163,025		44.6		278		9.2		36.2
			Q2 2009		75		279		23.80		95	%		175,699		203,350		51.8		262		7.5		49.3
Brazil	Paracatu		Q2 2010		100		10,179		0.45		79	%		118,101		119,531		62.7		525		47.6		16.8
			Q1 2010		100		10,110		0.46		76	%		117,472		121,121		67.3		556		8.8		15.8
			Q4 2009		100		10,401		0.44		74	%		108,421		98,126		63.6		648		39.3		9.5
			Q3 2009		100		11,087		0.37		68	%		85,772		84,720		64.7		764		49.7		10.5
			Q2 2009		100		9,259		0.44		67	%		87,458		92,725		64.6		697		24.8		11.9
	Crixás		Q2 2010		50		288		4.26		92	%		18,076		16,751		8.8		525		4.6		3.4
			Q1 2010		50		276		4.44		95	%		18,856		20,584		8.9		432		6.2		3.9
			Q4 2009		50		254		5.74		90	%		22,030		21,686		8.0		369		4.8		2.9
			Q3 2009		50		303		4.56		92	%		20,383		22,176		9.7		437		7.5		2.6
			Q2 2009		50		277		5.03		92	%		20,646		17,763		7.5		422		6.3		2.3
Chile	La Coipa (4)		Q2 2010		100		998		1.00		80	%		35,175		38,663		31.8		822		5.6		8.6
			Q1 2010		100		1,231		1.08		78	%		47,664		58,688		30.0		511		6.5		17.9
			Q4 2009		100		1,262		1.17		80	%		56,785		48,979		26.5		541		6.6		14.3
			Q3 2009		100		903		1.16		84	%		43,662		50,127		22.7		453		4.6		11.6
			Q2 2009		100		1,323		1.12		87	%		64,482		67,296		26.4		392		3.6		14.6
	Maricunga		Q2 2010		100		3,118		0.77	nm				42,990		42,950		29.2		680		12.5		3.9
			Q1 2010		100		3,604		0.81	nm				51,777		50,330		28.6		568		12.5		4.2
			Q4 2009		100		4,068		0.76	nm				59,893		63,703		32.4		509		13.6		6.2
			Q3 2009		100		3,885		0.90	nm				57,253		56,410		29.2		518		8.0		4.0
			Q2 2009		100		3,996		0.83	nm				59,674		58,704		30.3		516		13.9		4.6

(1)	Ore processed is to 100%, production and costs are to Kinross’ account
(2)	Due to the nature of heap leach operations at Round Mountain and Maricunga, recovery rates cannot be accurately measured on a quarterly basis. Fort Knox recovery represents mill recovery only and excludes the heap leach.
(3)	Includes 4,420,000 tonnes placed on the heap leach pad during the second quarter of 2010 and 5,081,000 for the first six months.  Amount represents mill grade and recovery only. Ore placed on the heap leach pad had an average grade of 0.34 grams per tonne for the second quarter of 2010 and 0.32 grams per tonne for the first six months.
(4)	La Coipa silver grade and recovery were as follows: Q2 (2010) 37.56g/t 59%; Q1 (2010) 38.15g/t 62%; Q4 (2009) 35.80g/t 66%; Q3 (2009) 52.76 g/t 57%; Q2 (2009) 55.15g/t 63%.
(5)	Kupol silver grade and recovery were as follows:  Q2 (2010) 209.73 83%; Q1 (2010) 241.99g/t 83%; Q4 (2009) 247.21 g/t 83%; Q3 (2009) 235.64 g/t 84%; Q2 (2009) 298.68 g/t 83%.
(6)	Includes Kinross’ share of Kupol at 75%.

p. 16  Kinross reports 2010 second quarter results www.kinross.com