SC 13D 1 a998085_sc13d.txt SCHEDULE 13D UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 -------------------- SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. __)* -------------------- Kinross Gold Corporation (Name of Issuer) Common Shares, No Par Value (Title of Class of Securities) 496902206 (CUSIP Number) -------------------- Sharon E. Dowdall Vice President and Secretary Newmont Mining Corporation of Canada Limited Suite 1900, Box 2005 20 Eglinton Avenue West Toronto, Ontario M4R 1K8 (415) 480-6480 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) -------------------- Copies to: Britt Banks Vice President, General Counsel and Secretary Newmont Mining Corporation 1700 Lincoln Street Denver, Colorado 80203 (303) 837-7414 January 31, 2003 (Date of Event Which Requires Filing of This Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box. [ ] Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent. (Continued on the following pages) (Page 1 of 13 pages) -------------------- * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes) ---------------------- ------------------ CUSIP No. 496902206 13D (Page 2 of 13) ---------------------- ------------------ -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS Newmont Mining Corporation S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* [a] [ ] [b] [ ] -------- ----------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES N/A BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH ------------------------------------------------------ 8 SHARED VOTING POWER 43,238,427* ------------------------------------------------------- 9 SOLE DISPOSITIVE POWER N/A ------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 43,238,427* -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 43,238,427* -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13.8%** -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* HC, CO -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! * Included in this figure are the Common Shares reported by Newmont International Holdings Pty. Ltd. and Newmont Mining Corporation of Canada Limited on a preceding cover page. ** Included in this percentage is the percentage of Common Shares reported by Newmont International Holdings Pty. Ltd. and Newmont Mining Corporation of Canada Limited on a preceding cover page. ---------------------- ------------------ CUSIP No. 496902206 13D (Page 3 of 13) ---------------------- ------------------ -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS Newmont Mining Corporation of Canada Limited S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Canada -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES N/A BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH ------------------------------------------------------- 8 SHARED VOTING POWER 42,465,653 ------------------------------------------------------- 9 SOLE DISPOSITIVE POWER N/A ------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 42,465,653 -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 43,238,427* -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13.8%** -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! * Included in this figure are the Common Shares reported by Newmont International Holdings Pty. Ltd. on a following cover page. ** Included in this percentage is the percentage of Common Shares reported by Newmont International Holdings Pty. Ltd. on a following cover page. ---------------------- ------------------ CUSIP No. 496902206 13D (Page 4 of 13) ---------------------- ------------------ -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS Newmont International Holdings Pty.Ltd S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Australia -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES N/A BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH ------------------------------------------------------- 8 SHARED VOTING POWER 772,774 ------------------------------------------------------- 9 SOLE DISPOSITIVE POWER N/A ------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 772,774 -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 43,238,427* -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13.8%** -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! * Included in this figure are the Common Shares reported by Newmont Mining Corporation of Canada Limited on a preceding cover page. ** Included in this percentage is the percentage of Common Shares reported by Newmont Mining Corporation of Canada Limited on a preceding cover page. Item 1. Security and Issuer This Schedule 13D relates to common shares, no par value (the "Common Shares") of Kinross Gold Corporation, a corporation organized pursuant to the laws of the Province of Ontario, Canada ("Kinross"). The principal executive offices of Kinross are located at: 52nd Floor, Scotia Plaza, 40 King Street West Toronto, Ontario M5H 3Y2 Item 2. Identity and Background. Newmont Mining Corporation, a Delaware corporation ("Newmont"), is a company principally engaged in the production of gold and exploration for gold, and the acquisition and development of gold properties worldwide, having its principal address at: 1700 Lincoln Street Denver, Colorado 80203 Newmont Mining Corporation of Canada Limited, a corporation incorporated under the laws of Canada ("Newmont Canada"), is a public precious metals royalty company, having its principal address at: Suite 1900, Box 2005 20 Eglinton Avenue West Toronto, Ontario M4R 1K8 Canada Newmont International Holdings Pty. Ltd., an Australian corporation ("Newmont Holdings" and, together with Newmont and Newmont Canada, the "Reporting Persons"), is a Australian holding company for investments in various overseas corporations, having its principal address at: 100 Hutt Street Adelaide, South Australia AUSTRALIA Set forth in Annex A, Annex B and Annex C attached hereto and incorporated herein by reference are the name, title, business address, principal occupation and address of the business in which the principal occupation is conducted, and citizenship of each executive officer and director of Newmont, Newmont Canada and Newmont Holdings, respectively. During the last five years, none of the Reporting Persons and/or the current officers or directors of the Reporting Persons has been (a) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (b) been party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. Item 3. Source and Amount of Funds or Other Consideration The Reporting Persons received Common Shares of Kinross in the Combination (as described in Item 4 below), which closed on January 31, 2003. Item 4. Purpose of Transaction On June 14, 1999, Normandy Mining Limited (ACN 009295765), an Australian company ("Normandy"), completed a transaction with TVX Gold Inc. ("TVX") pursuant to which, in part, (i) Newmont Holdings subscribed for and was issued 356,665 common shares in the capital of TVX (on a basis post the TVX share consolidation effective in June 2000) and (ii) a joint venture now known as "TVX Newmont Americas" between TVX and Normandy was created. On April 3, 2002, 244,994,150 common shares of Echo Bay Mines Ltd. ("Echo Bay") were issued to Newmont Canada upon the conversion of $67 million principal amount of capital securities in connection with the reorganization of Echo Bay. On June 10, 2002, Kinross Gold Corporation ("Kinross"), Echo Bay and TVX entered into a combination agreement (the "Combination Agreement") providing for the combination of the three companies (the "Combination") and the concurrent acquisition by TVX of Newmont's 49.9% interest in TVX Newmont Americas. Under the Combination Agreement, the Combination was to be achieved by a plan of arrangement, whereby shareholders of Echo Bay would receive 0.52 of a Kinross share for each Echo Bay share and TVX shareholders would receive 0.65 of a Kinross share for each TVX share. Concurrently, with the Combination taking effect, TVX would acquire Newmont's interest in TVX Newmont Americas through a separate agreement. The Combination was conditional upon, among other things, the approval of the Combination by each company's shareholders. In connection with the Combination, on June 10, 2002, Newmont and Newmont Canada entered into a lock-up agreement with Echo Bay (the "Lock-Up Agreement"), pursuant to which, subject to certain exceptions, Newmont and Newmont Canada agreed to (i) continue to hold Newmont Canada's Echo Bay common shares until the conclusion of the Echo Bay shareholders' meeting called to approve the Combination and (ii) vote such shares in favor of Echo Bay's participation in the Combination. On November 19, 2002, various of the above agreements were amended to extend the proposed closing date to January 31, 2003. On January 31, 2003, the Combination and the sale by Newmont of its interest in TVX Newmont Americas to TVX was completed in the manner described above. As a result of the Combination, Newmont Canada acquired 42,465,653 Common Shares of Kinross in exchange for Newmont Canada's interest in Echo Bay and Newmont Holdings acquired 772,774 Common Shares of Kinross in exchange for Newmont Holdings' interest in TVX. The Common Shares of the Reporting Persons were acquired for investment purposes. However, the Reporting Persons will review their holdings from time to time and may increase or decrease their holdings in Kinross as future circumstances may dictate. Such transactions may be made at any time without prior notice. There can be no assurance, however, that the Reporting Persons will take any such actions. Except as set forth above, the Reporting Persons have no plans or proposals with respect to any of the matters set forth in paragraphs (a) through (j) of Item 4 of Schedule 13D. Item 5. Interest in Securities of the Issuer (a) - (b) Newmont Canada and Newmont Holdings are indirect subsidiaries of Newmont. Newmont Canada holds 42,465,653 Common Shares of Kinross and Newmont Holdings holds 772,774 Common Shares of Kinross for an aggregate of 43,238,427 Common Shares of Kinross representing 13.8% of the Common Shares of Kinross outstanding at the date of this filing. Newmont, as the ultimate parent of Newmont Canada and Newmont Holdings, may be deemed to be the beneficial owner of, and may be deemed to have sole power to vote or to direct the vote of, and the sole power to dispose or direct the disposition of, the Common Shares of Kinross held by Newmont Canada and Newmont Holdings. (c) On January 31, 2003, the Reporting Persons acquired 43,238,427 Common Shares of Kinross (in the aggregate) in the Combination. (d) None. (e) Not applicable. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer None. Item 7. Material to be Filed as Exhibits (a) Joint Filing Agreement SIGNATURE After reasonable inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Dated: February 7, 2003 NEWMONT MINING CORPORATION By: /s/ Ardis Young ----------------------------------------------- Name: Ardis Young Title: Assistant Secretary NEWMONT MINING CORPORATION OF CANADA LIMITED By: /s/ Sharon E. Dowdall ----------------------------------------------- Name: Sharon E. Dowdall Title: Vice President and Secretary NEWMONT INTERNATIONAL HOLDINGS PTY. LTD. By: /s/ Ken Williams ----------------------------------------------- Name: Ken Williams Title: Director Annex A The name, present principal occupation, address of business in which such principal occupation is conducted and citizenship of each director and executive officer of Newmont Mining Corporation are set forth below. The business address for each person listed below is, unless otherwise noted, c/o Newmont Mining Corporation, 1700 Lincoln Street, Denver, Colorado 80203.
NAME TITLE PRESENT ADDRESS OF BUSINESS IN WHICH CITIZENSHIP PRINCIPAL PRINCIPAL OCCUPATION OCCUPATION CONDUCTED Britt D. Banks Vice President, Vice President, See above. United States General Counsel General Counsel and and Secretary Secretary of Newmont Mining Corporation Glen A. Barton Director Chairman and Chief 100 NE Adams Street United States Executive Officer of Peoria, IL 61629-7216 Caterpillar Inc. Vincent A. Calarco Director President and Chief One American Lane United States Executive Officer of Greenwich, CT 06831 Crompton Corporation James T. Curry, Jr. Director Retired Director and N/A United States Retired Chief Executive Officer of the Minerals Division of Broken Hill Proprietary Company Ltd. John A.S. Dow Executive Vice Executive Vice See above. New Zealand President and President of Newmont Managing Mining Corporation Director of and Managing Director Newmont of Newmont Australia Australia Limited Limited Thomas L. Enos Vice President Vice President of See above United States and Managing Newmont Mining Director, Corporation and Newmont Managing Director, Indonesia Newmont Indonesia Limited Limited Joseph P. Flannery Director Chairman, President 70 Great Hill Road United States and Chief Executive Naugatuck, CT 06770 Officer of Uniroyal Holding Inc. David H. Francisco Executive Vice Executive Vice See above. United States President, President, Operations Operations of Newmont Mining Corporation M. Craig Haase Director Retired Executive N/A United States Vice President and Chief Legal Officer of Franco-Nevada Mining Corporation Limited. Michael S. Hamson Director Chairman of Hamson Acland Street Corner Australia Consultants Entrance (Rear) 195 Walsh Street South Yarra, VIC 3141 AUSTRALIA Bruce D. Hansen Senior Vice Senior Vice President See above. United States President and and Chief Financial Chief Financial Officer of Newmont Officer Mining Corporation
NAME TITLE PRESENT ADDRESS OF BUSINESS IN WHICH CITIZENSHIP PRINCIPAL PRINCIPAL OCCUPATION OCCUPATION CONDUCTED David Harquail President and President and See above. Canada Managing Managing Director, Director, Newmont Capital Newmont Capital Limited, of Newmont Limited Mining Corporation Leo I. Higdon, Jr. Director President of Office of the President United States Charleston College College of Charleston 66 George Street Charleston, SC 29424 Donald G. Karras Vice President, Vice President, See above. United States Taxes Taxes, of Newmont Mining Corporation Pierre Lassonde Director; President of Newmont See above. Canada President Mining Corporation Thomas P. Mahoney Vice President Vice President and See above. United States and Treasurer Treasurer of Newmont Mining Corporation Robert J. Miller Director Partner, Jones Vargas Third Floor South United States law firm 3773 Howard Hughes Parkway Las Vegas, NV 89109-0949 Wayne W. Murdy Director, Chairman and Chief See above. United States Chairman and Executive Officer of Chief Executive Newmont Mining Officer Corporation David W. Peat Vice President Vice President and See above. United States and Global Global Controller of Controller Newmont Mining Corporation Richard M. Perry Vice President Vice President of See above. United States and Managing Newmont Mining Director, Corporation and Newmont USA Managing Director of Limited Newmont USA Limited Robin A. Plumbridge Director Retired Chairman of N/A United States Gold Fields of South Africa Limited John B. Prescott Director Chairman of Level 28, 140 William Street Australia Australian Submarine Melbourne, VIC 3000 Corporation Pty AUSTRALIA Limited Moeen A. Qureshi Director Chairman of Emerging 2001 Pennsyl;vania Avenue, NW Pakistan Markets Partnership Suite 1100 Washington, D.C. 20006 Michael K. Reilly Director Retired Chairman of N/A United States Zeigler Coal Holding Company Carlos Santa Cruz Vice President Vice President of See above. Peru and Managing Newmont Mining Director, Corporation and Newmont Peru Managing Director of Limited Newmont Peru Limited Seymour Schulich Director Chairman Suite 1900, Box 2005 Canada of Newmont 20 Eglinton Avenue West Capital Limited Toronto, ON M4R 1K8 CANADA
NAME TITLE PRESENT ADDRESS OF BUSINESS IN WHICH CITIZENSHIP PRINCIPAL PRINCIPAL OCCUPATION OCCUPATION CONDUCTED James V. Taranik Director President Emeritus of Department of Geological United States Desert Research Sciences, MS 172 Institute of the Mackay School of Mines University and University of Nevada, Reno Community College Reno, NV 89557-0138 System of Nevada
Annex B The name, present principal occupation, address of business in which such principal occupation is conducted and citizenship of each director and executive officer of Newmont Canada are set forth below. The business address for each person listed below, unless otherwise noted, is c/o Newmont Mining Corporation, 1700 Lincoln Street, Denver, Colorado 80203.
PRESENT ADDRESS OF BUSINESS IN PRINCIPAL WHICH PRINCIPAL OCCUPATION NAME TITLE OCCUPATION CONDUCTED CITIZENSHIP Britt D. Banks Vice President Vice President, General See above. United States Counsel and Secretary of Newmont Mining Corporation Sharon E. Dowdall Vice Vice President and Suite 1900, Box 2005 Canada President and Secretary Newmont Mining 20 Eglinton Avenue West Secretary Corporation of Canada Toronto, ON M4R 1K8 Limited and Newmont CANADA Capital Limited, Group Legal Counsel - Canada Newmont Mining Corporation Joseph P. Flannery Director Chairman, President and 70 Great Hill Road United States Chief Executive Officer Naugatuck, CT 06770 of Uniroyal Holding Inc. David H. Francisco Vice President Executive Vice President, See above. United States Operations, of Newmont Mining Corporation Bruce D. Hansen Vice President Senior Vice President and See above. United States Chief Financial Officer of Newmont Mining Corporation Leo I. Higdon, Jr. Director President of Charleston Office of the President United States College College of Charleston 66 George Street Charleston, SC 29424 Donald G. Karras Vice President Vice President, Taxes See above United States Newmont Mining Corporation Pierre Lassonde Director; President of Newmont See above. Canada President Mining Corporation Wayne W. Murdy Director; Chairman and Chief See above. United States Chairman Executive Officer of Newmont Mining Corporation Thomas P. Mahoney Vice Vice President and See above United States President and Treasurer Treasurer Robin A. Plumbridge Director Retired Chairman of Gold See above United States Fields of South Africa Limited Moeen A. Qureshi Director Chairman of Emerging 2001 Pennsyl;vania Avenue, Pakistan Markets Partnership NW Suite 1100 Washington, D.C. 20006 Seymour Schulich Director Chairman of Newmont Suite 1900, Box 2005 Canada Capital Limited, 20 Eglinton Avenue West Director, Newmont Mining Toronto, ON M4R 1K8 Corporation CANADA
James V. Taranik Director President Emeritus of Department of Geological United States Desert Research Institute Sciences, MS 172 of the University and Mackay School of Mines Community College System University of Nevada, Reno of Nevada Reno, NV 89557-0138 H. Geoffrey Waterman Vice President Vice President Newmont Suite 1900, Box 2005 Canada Mining Corporation of 20 Eglinton Avenue West Canada Limited Toronto, ON M4R 1K8 CANADA Ardis Young Assistant Assistant Secretary, See above United States Secretary Newmont Mining Corporation
Annex C The name, present principal occupation, address of business in which such principal occupation is conducted and citizenship of each director and executive officer of Newmont International Holdings Pty. Ltd. The business address for each person listed below is c/o Newmont International Holdings Pty. Ltd., 100 Hutt Street, Adelaide, South Australia, AUSTRALIA
PRESENT ADDRESS OF BUSINESS IN PRINCIPAL WHICH PRINCIPAL OCCUPATION NAME TITLE OCCUPATION CONDUCTED CITIZENSHIP Kenneth G. Williams Director Director of Newmont See above Australian Australia Limited Colin C. Lake Director Financial Manager of See above Australian Newmont Australia Limited Phillip J. Gerrard Director Chartered Accountant See above Australian at Newmont Australia Limited Pauline F. Carr Company Company Secretary of See above. Australian Secretary Newmont International Holdings Pty. Ltd. David W. Godfrey Company Company Secretary of See above. Australian Secretary Newmont International Holdings Pty. Ltd