6-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC  20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of August, 2012

Commission File Number:  001-13382

KINROSS GOLD CORPORATION

(Translation of registrant’s name into English)

17th Floor, 25 York Street,

Toronto, Ontario  M5J 2V5

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40F:

Form 20-F o                                Form 40-F x

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): o

Note:  Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o

Note:  Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes o                      No x

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2b:

Page 2

This report on Form 6-K is being furnished for the sole purpose of providing copies of press releases dated August 8 and 9, 2012 in which the Company announced results for the second quarter ended June 30, 2012, announced the payment of a dividend and announced changes to senior management. This 6-K also includes a copy of the Material Change Report filed on SEDAR relating to the news release of August 1, 2012.

INDEX

Table of Contents

SIGNATURES

EXHIBIT INDEX

99.1   Press release dated Aug 8, 2012 announcing results for the quarter ended June 30, 2012.

99.2   Press release dated Aug 8, 2012 announcing the payment of a dividend.

99.3   Press release dated Aug 9, 2012 announcing senior management changes

99.4   Material Change Report filed on SEDAR

Page 3

SIGNATURES

Pursuant to the requirements of Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

KINROSS GOLD CORPORATION
Signed:/	Shelley M. Riley
Vice President, Office Services and Corporate Secretary

Aug 8, 2012

EX-99.1

Exhibit 99.1

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

 For more information,

please see Kinross’ 2012 second quarter

Financial Statements and MD&A

at www.kinross.com

NEWS RELEASE

Kinross reports 2012 second quarter results

Toronto, Ontario – August 8, 2012 – Kinross Gold Corporation (TSX: K, NYSE: KGC) today announced its results for the second quarter ended June 30, 2012.

(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 nine of this news release. All dollar amounts in this news release are expressed in U.S. dollars, unless otherwise noted. The comparative figures have been recast to exclude Crixás due to its disposal.)

Financial and operating highlights:

● Production1: 632,772 gold equivalent ounces, compared with 660,807 ounces in Q2 2011.

● Revenue: $1,006.7 million, compared with $963.6 million in Q2 2011.

● Production cost of sales2: $725 per gold equivalent ounce, compared with $569 in Q2 2011.

● Attributable margin3: $843 per ounce sold, compared with $879 in Q2 2011.

● Adjusted operating cash flow4:$270.5 million, compared with $404.8 million in Q2 2011. Adjusted operating cash flow per share was $0.24, compared with $0.36 in Q2 2011.

● Adjusted net earnings4, 5: $156.0 million, compared with $222.6 million in Q2 2011. Adjusted net earnings per share were $0.14, compared with $0.20 in Q2 2011.

● Reported net earnings5: $115.8 million, or $0.10 per share, compared with $244.3 million, or $0.22 per share, for Q2 2011.

● Outlook: As a result of Kinross’ disposition of its 50% interest in Crixas, the Company now expects to produce approximately 2.5-2.6 million gold equivalent ounces in 2012 from its continuing operations, compared with its previous forecast of 2.6-2.8 million gold equivalent ounces. The Company remains on track to meet its 2012 production forecast excluding the adjustment for Crixás. Cost of sales for 2012 are now forecast to be $690-$725 per ounce, compared with the previous forecast of $670-$715, due to higher forecast production cost of sales per ounce in West Africa and South America.

● Dividend: The Board of Directors declared a dividend of $0.08 per share payable on September 28, 2012 to shareholders of record at the close of business on September 21, 2012.

Other developments:

● The Board of Directors has appointed J. Paul Rollinson, formerly Executive Vice-President, Corporate Development, as Chief Executive Officer of Kinross, replacing Tye W. Burt.

● Kinross continues to advance its capital and project optimization process.  At Tasiast, the Company has elected to undertake a pre-feasibility study (PFS) for construction of a mid-sized CIL mill in the 30,000 tonne per day range, for purposes of comparison with a 60,000 tonne per day mill option. Construction of the Dvoinoye project progressed well through the second quarter. Dvoinoye remains on schedule to deliver first ore to the upgraded Kupol mill in the second half of 2013.

● The Company is launching a comprehensive cost reduction initiative with a focus on reducing operating, capital and other costs across the organization.

● Kinross divested its 50% interest in the Crixás mine in the second quarter, consistent with its strategy of portfolio optimization and focusing resources on core operations and priority projects.

1 Unless otherwise stated, production figures in this news release are based on Kinross’ 90% share of Chirano production, and do not include production from Crixás due to its disposal.

2 “Production cost of sales per gold equivalent ounce” is a non-GAAP measure defined as production cost of sales per the financial statements divided by the attributable number of gold equivalent ounces sold, both reduced to reflect a 90% ownership interest in Chirano sales. Production cost of sales is equivalent to total cost of sales (per the financial statements), less depreciation, depletion, amortization, and impairment charges.

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

4 Reconciliation of non-GAAP measures are provided on page eleven of this news release.

5 “Net earnings” figures in this release represent “net earnings from continuing operations attributed to common shareholders.”

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

CEO Commentary

J. Paul Rollinson, CEO, made the following comments in relation to second quarter 2012 results:

“I am honoured to have been asked to lead Kinross during this challenging time in our industry. Kinross has an enviable foundation, with a skilled and committed team across the organization, a high quality asset portfolio, and a strong financial base.

“I’ve been given the mandate from the Board to ensure that we deliver on the capital and project optimization process we announced earlier this year. This means striking the right balance between the objective of growing the business and generating free cash flow. It also means taking the time to get our growth projects right in terms of scale, sequencing, timing, and capital, in order to deliver the best return from every dollar we invest while maintaining our financial strength and liquidity.

“In addition, given rising costs, I believe we need to get back to the fundamentals of our business. To that end, I am launching a company-wide cost reduction initiative aimed at improving capital efficiency, reducing costs, and increasing margins. This may require tough decisions in a number of areas to ensure that we maximize free cash flow and shareholder returns.”

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)	2012		2011		2012		2011
	Total gold equivalent ounces(a)(e) - Produced (c)		654,243		696,631		1,266,081		1,397,110
	Total gold equivalent ounces(a)(e) - Sold (c)		656,447		704,447		1,285,952		1,423,024
	Gold equivalent ounces from continuing operations (a)(d) - Produced (c)		639,138		681,193		1,235,087		1,366,859
	Gold equivalent ounces from continuing operations (a)(d) - Sold (c)		640,836		688,282		1,253,188		1,393,240
	Total attributable gold equivalent ounces(a)(e) - Produced (c)		647,877		676,245		1,252,124		1,319,102
	Total attributable gold equivalent ounces(a)(e) - Sold (c)		650,149		685,823		1,271,829		1,346,611
	Attributable gold equivalent ounces from continuing operations (a)(d) - Produced (c)		632,772		660,807		1,221,130		1,288,851
	Attributable gold equivalent ounces from continuing operations (a)(d) - Sold (c)		634,538		669,658		1,239,065		1,316,827
	Financial Highlights from Continuing Operations (d)
	Metal sales	$	1,006.7	$	963.6	$	2,014.8	$	1,881.7
	Production cost of sales	$	464.9	$	389.0	$	917.5	$	760.5
	Depreciation, depletion and amortization	$	157.0	$	146.3	$	299.7	$	297.0
	Operating earnings	$	258.8	$	352.8	$	561.7	$	677.9
	Net earnings from continuing operations attributed to common shareholders	$	115.8	$	244.3	$	215.4	$	490.5
	Basic earnings per share from continuing operations attributable to common shareholders	$	0.10	$	0.22	$	0.19	$	0.43
	Diluted earnings per share from continuing operations attributable to common shareholders	$	0.10	$	0.21	$	0.19	$	0.43
	Adjusted net earnings from continuing operations attributed to common shareholders(b)	$	156.0	$	222.6	$	352.3	$	394.2
	Adjusted net earnings from continuing operations per share(b)	$	0.14	$	0.20	$	0.31	$	0.35
	Net cash flow of continuing operations provided from operating activities	$	77.4	$	346.6	$	453.9	$	687.2
	Adjusted operating cash flow from continuing operations(b)	$	270.5	$	404.8	$	591.2	$	795.5
	Adjusted operating cash flow from continuing operations per share(b)	$	0.24	$	0.36	$	0.52	$	0.70
	Average realized gold price per ounce from continuing operations	$	1,568	$	1,448	$	1,605	$	1,386
	Consolidated production cost of sales from continuing operations per equivalent ounce(c) sold(b)	$	725	$	565	$	732	$	546
	Attributable(a) production cost of sales from continuing operations per equivalent ounce(c) sold(b)	$	725	$	569	$	732	$	555
	Attributable(a) production cost of sales from continuing operations per ounce sold on a by-product basis(b)	$	658	$	504	$	655	$	485
(a)	Total includes 100% of Kupol and Chirano production. “Attributable” includes Kinross’ share of Kupol (75% up to April 27, 2011, 100% thereafter) and Chirano (90%) production.
(b)	“Adjusted net earnings from continuing operations attributed to common shareholders”, “Adjusted net earnings from continuing operations per share”, “Adjusted operating cash flow from continuing operations”, “Adjusted operating cash flow from continuing operations per share”, “Consolidated production cost of sales from continuing operations per equivalent ounce sold”, “Attributable production cost of sales from continuing operations per equivalent ounce sold”, and “Attributable production cost of sales from continuing operations per ounce sold on a by-product basis” are non-GAAP measures. The definition and reconciliation of these non-GAAP financial measures is included on page 11 of this news release.
(c)	“Gold equivalent ounces” include silver ounces produced and sold converted to a gold equivalent based on a ratio of the average spot market prices for the commodities for each period. The ratio for the second quarter of 2012 was 54.77:1, compared with 39.67:1 for the second quarter of 2011 and for the first six months of 2012 was 53.17:1, compared with 41.47:1 for the first six months of 2011.
(d)	The comparative figures have been recast to exclude Crixás results due to its disposal.
(e)	The total gold equivalent ounces and total attributable gold equivalent ounces include Crixás.

p. 2Kinross reports 2012 second quarter results www.kinross.com

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

The following operating and financial results are based on Q2 2012 attributable gold equivalent production from continuing operations, and do not include Crixás production:

Kinross produced 632,772 attributable gold equivalent ounces from continuing operations in the second quarter of 2012, a 4% decrease over the second quarter of 2011, mainly due to an anticipated decline in grade at Kupol and Kettle River-Buckhorn, and the expected increase in processing of lower-grade stockpile ore at La Coipa. Production increased by 8% in Q2 2012 compared with Q1 2012. Based on the full-year mining plan for 2012, Kinross expects an increase in production during the second half in North America and South America, and remains on track to be within its full-year 2012 production forecast range (excluding the adjustment in guidance due to the disposition of its interest in Crixás).

Production cost of sales per gold equivalent ounce2 was $725 compared with $569 for the second quarter of 2011, mainly due to increased processing of lower grade ore, as well as higher costs for energy, labour, and consumables. On a quarter-over-quarter basis, compared with Q1 2012, production cost of sales were reduced by $15 per gold equivalent ounce, due primarily to increased production. Production cost of sales per gold ounce on a by-product basis was $658 in the second quarter of 2012, compared with $504 in Q2 2011, based on Q2 2012 attributable gold sales of 589,369 ounces and attributable silver sales of 2,473,973 ounces.

Revenue from metal sales was $1,006.7 million in the second quarter of 2012, compared with $963.6 million during the same period in 2011, an increase of 4%, due to a higher average realized gold price. The average realized gold price was $1,568 per ounce in Q2 2012, compared with $1,448 per ounce for Q2 2011.

Kinross’ margin per gold equivalent ounce sold3 was $843 for the second quarter of 2012, a decrease of 4% compared with Q2 2011, due primarily to higher production cost of sales per ounce for the quarter.

Adjusted operating cash flow4 was $270.5 million for the quarter, or $0.24 per share, compared with $404.8 million, or $0.36 per share, for Q2 2011. Cash and cash equivalents were $1,340.3 million as at June 30, 2012 compared with $1,766.0 million as at December 31, 2011.

Adjusted net earnings4, 5were $156.0 million, or $0.14 per share, for Q2 2012, compared with $222.6 million, or $0.20 per share, for Q2 2011.

Reported net earnings5 were $115.8 million, or $0.10 per share, for Q2 2012, compared with reported net earnings of $244.3 million, or $0.22 per share, for Q2 2011. Reported net earnings were lower mainly due to lower production and increases in production cost of sales, which were partially offset by a higher realized gold price.

Capital expenditures were $431.2 million for Q2 2012, compared with $408.8 million for the same period last year, an increase due mainly to project-related expenditures at Tasiast, and capital mine development at Fort Knox and Round Mountain.

Operating results

Mine-by-mine summaries for second quarter 2012 operating results may be found on pages 14 and 18 of this news release. Highlights include the following:

North America: As per plan, Q2 production for North America was higher than Q1 2012, and production is expected to increase in the second half, mainly due to accelerated heap leach processing and improved mill processing grades at Fort Knox. For the full-year 2012, production for the region is expected to be at the high end of the regional guidance range.

The quarter-over-quarter production increase for both Fort Knox and Round Mountain was the result of improved heap leach performance, while Kettle River-Buckhorn’s decrease in production relative to Q1 2012 was due to an anticipated decline in grades. The year-over-year production increase at Round Mountain was a result of improved leach performance, while the production decrease at Fort Knox and Kettle River-Buckhorn was mainly a result of lower grades. Costs improved for the region compared to last quarter mainly due to higher production, while costs were higher compared with the same period last year, largely as a result of higher input costs and lower grades.

p. 3Kinross reports 2012 second quarter results www.kinross.com

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

Russia: Production at Kupol was lower year-over-year, mainly due to an expected reduction in gold and silver grades. With record mill throughput for the quarter and improved gold grades, Q2 2012 production improved considerably compared with Q1 2012. All performance metrics remain strong at Kupol, and production is expected to be at the high end of the regional guidance range for full-year 2012.

West Africa: Regional results for the quarter were negatively impacted by lower than expected production and higher costs per ounce at Tasiast. Performance at Tasiast in Q2 was impacted by several factors, including lower than expected mill gold grades in the Piment orebody (as discussed below), lower than expected dump leach production, and the previously-disclosed illegal work stoppage in June, which resulted in four days of lost production.

The Company is undertaking further analysis to better understand the variability in gold grade that has been encountered in the banded iron formation-type ore currently being mined in the Piment pits. It is expected that mill grades in the second half of 2012 will be lower than previously expected, and that Tasiast production for the second half will be lower than planned. The Company does not expect that similar grade variability will be encountered in the greenschist-style mineralization in the West Branch orebody, given the type of mineralization at West Branch, its much higher degree of grade continuity, and geologic knowledge of the deposit based on extensive infill drilling data.

Production at Tasiast in the second quarter also continued to be impacted by the presence of near-surface, high-clay felsite material in the West Branch orebody, which affected gold production from the leach pads. The felsite material is now being stockpiled, to be blended and milled at a later date, and the leach pads are percolating as expected. Dump leach production in the second half is expected to be lower than planned, due to inefficiencies in the existing water pipeline, which are reducing the amount of make-up solution available for leaching. An additional interim water pipeline drawing water from existing boreholes has been constructed and commissioned, and repairs will be made to the existing pipelines, which will progressively improve water availability through the second half of the year.

As a result of lower than expected production at Tasiast in the first half, and a reduction in forecast production for Tasiast in the second half, the Company has reduced its regional production guidance range and increased its cost of sales range for West Africa for the full-year 2012 (see Outlook section of this news release).

Chirano’s production for the quarter was lower than Q1 2012 as a result of lower plant throughput, which was due to crusher and mill maintenance issues, and periodic electric power outages.

South America: Second quarter results were lower year-over-year, mainly due to anticipated lower gold grades at Maricunga and lower silver grades at La Coipa, as well as a less favourable gold to silver ratio, impacting equivalent gold production. Production at Paracatu increased year-over-year due to higher mill throughput. However, grades and recoveries were lower, contributing to higher unit costs.

Production at Paracatu is expected to increase in the second half of the year due to higher anticipated grades and expected improvements in recovery and operating efficiency. La Coipa production is also expected to improve in the second half of the year, as the operation shifts from processing mostly stockpile material to processing ore from the Can Can and Ladera Farellon pits.

Regional production costs were higher compared with the same period last year, mainly as a result of declining grades, higher energy costs, higher labour costs, and less favourable currency hedges in Brazil. Full-year production and cost guidance for the South America region has been adjusted to reflect the sale of Crixás (see Outlook section of this news release).

p. 4Kinross reports 2012 second quarter results www.kinross.com

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

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 nine of this news release.

Capital and project optimization process

Kinross continues to advance its capital and project optimization process announced on January 16, 2012. Key findings to date include the identification of smaller-scale processing options for the Tasiast expansion and Lobo-Marte project, as discussed below. In addition, the Company is launching a cost reduction initiative, with the objective of reducing capital and operating costs across all operations and development projects.

Tasiast expansion project

As previously disclosed, Kinross has undertaken a review of project development alternatives to those included in the original Tasiast scoping study, with the objective of improving overall project economics and reducing capital cost and project execution risk.

The Company has studied numerous processing options at Tasiast, including the four options mentioned in the March 31, 2012 Tasiast technical report and variations on these, with the aim of identifying the optimum processing approach for the Tasiast orebody.

Based on this analysis, Kinross has elected to undertake a PFS for construction of a mid-sized, expandable CIL mill in the 30,000 tonne per day range, for purposes of comparison with a 60,000 tonne per day mill option. The PFS is expected to be completed in the first quarter of 2013. In parallel, ongoing evaluation regarding mine planning and phasing options for a 60,000 tonne per day option will continue. Heap leach testing is expected to be completed in the fourth quarter of 2012, and the results will be evaluated as part of the overall processing strategy, including a potential expansion of current dump leach production.

The case for a mid-sized, expandable CIL mill is based on the impact of industry-wide pressures on capital costs, and a better understanding of the Tasiast orebody and associated mine plan. Notwithstanding lower production in the initial years of operation, a staged approach to the Tasiast expansion could reduce initial capital costs and project execution risk, while delivering a rate of return comparable to constructing a larger initial mill.

If the Company ultimately selects a processing option or combination of options other than the current 60,000 tonne per day mill base case, including a substantially revised 60,000 tonne per day mill option, the Company will determine at that time whether an impairment test is required with respect to the carrying value of the Tasiast cash generating unit (CGU). In accordance with IFRS, the Company would be required, as of the end of the quarterly reporting period in which such a selection is made, to conduct an impairment analysis of the Tasiast CGU if the economics of the selected processing option or combination of options appears to have an adverse effect on the recoverability of the carrying value of the CGU. An impairment analysis would otherwise only be done as of the end of the fiscal year assuming an absence of other relevant indications of impairment prior to that time.

An update on Exploration activity at Tasiast is included in the “Exploration update” below.

Kinross has received approval from the Mauritanian government for the Phase 2 project Environmental Impact Assessment (EIA), which covers all proposed mining and processing activities that are expected to occur within the mine site boundary under various scenarios. 

Dvoinoye

Construction of the Dvoinoye project progressed well through the second quarter and, as previously disclosed, is scheduled to deliver first ore to the upgraded Kupol mill in the second half of 2013. Underground development is 37% complete and progressing slightly ahead of plan with 1,400 metres completed during the quarter. Total underground development has passed 3,700 metres since development began in 2011.

p. 5Kinross reports 2012 second quarter results www.kinross.com

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

Construction of surface infrastructure and facilities has continued as planned and is 22% complete. Expansion of the temporary camp to 400 beds was completed successfully and now accommodates all construction, underground and exploration personnel. The 365-bed permanent camp foundations are near completion and construction of the facility has begun.

Construction of the all-season road between Dvoinoye and Kupol has progressed well, with 51 kilometres of the total 84 kilometres now complete. The design and procurement of a single river bridge crossing is currently underway and installation is scheduled after the forthcoming winter period. All necessary permits for the current scope of underground development and construction activities are in place.

Fruta del Norte

Negotiations with the Ecuadorean government on an enhanced economic package at Fruta del Norte (FDN) are progressing, with the objective of reaching balanced agreements on exploitation and investment protection for the project. Continued spending on development at FDN will depend on successfully concluding such agreements.

In July, Ecuador’s Ministry of Environment approved the Environmental Impact Assessment for construction and operation of the underground mine at FDN. The Ministry review of the EIA for the processing plant is continuing.

Lobo-Marte

Kinross has completed a review to identify possible project optimization options at Lobo-Marte. Given industry-wide pressure on capital costs, the Company is considering smaller project options to those envisaged in the project pre-feasibility study, with the aim of reducing initial capital requirements and project execution risk. The Company is limiting capital spending at Lobo-Marte to further project study and permitting. Project permitting continues and is expected to be completed in Q4 2012.

Other projects

Construction of the Paracatu fourth ball mill continues to advance on schedule and the project remains on target to be operational in the third quarter of 2012.

The Maricunga SART (Sulphidization, Acidification, Recycling and Thickening) plant was completed on schedule in the second quarter and commissioning is proceeding.

Exploration update

Total exploration expenditures for the second quarter of 2012 were $66.2 million, including $54.2 million for expensed exploration and $12.0 million for capitalized exploration. Exploration expenditures for the same period in 2011 totaled $47.8 million.

Kinross was active on more than 25 mine site, near-mine and greenfields initiatives in the second quarter of 2012, with drilling across all projects totalling 212,870 metres. Total year-to-date drilling is 372,752 metres. Highlights of the second quarter exploration program include:

● Tasiast: In the second quarter, exploration drilling at Tasiast focused on step-out and district drilling. One core and eight reverse circulation (RC) rigs were in operation throughout the quarter, drilling a total of 1,062 holes for 112,472 metres. Near the mine, approximately 7,059 metres were drilled, testing for extensions of mineralization below the West Branch-Piment pit and Prolongation pit. Assay results from deep drilling have returned encouraging intercepts at Prolongation and West Branch South.

Outside of the eight kilometre mine corridor, 42 core holes and 986 RC holes were completed at various district targets totalling approximately 104,809 metres. The majority of this work was directed at targets within the Aouéouat area, 10 kilometres north of the Tasiast processing facility. Drilling was completed on 400 metre spaced sections along the Tasiast shear zone resulting in the identification of five new target areas. Preliminary results are encouraging with gold mineralization encountered above the base of oxidation on most drill fences.

p. 6Kinross reports 2012 second quarter results www.kinross.com

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

● La Coipa: Seventy-eight holes were drilled at La Coipa for a total of 28,150 metres during the second quarter. The majority of the work was completed on the CMLC Joint Venture property (75% Kinross) where drilling continued to delineate the zone of oxide mineralization at Pompeya.Initialstep-out drilling in the vicinity of Pompeya returned highly encouraging results of a similar mineralization style 250 metres southeast of the main deposit.

Drilling in the district tested the Catalina target and returned encouraging oxide mineralization 750 metres southeast of Pompeya. Infill drilling at Pompeya is expected to be completed by the end of August. The rigs will be deployed to follow-up step-out results towards the end of Q3 and into Q4.

Recent transactions

On June 28, 2012, Kinross completed the previously announced purchase and sale agreement to sell its 50% interest in the Crixás (Serra Grande) gold mine in Brazil to an affiliate of AngloGold Ashanti Ltd. for gross cash proceeds of $220 million.

Board of Directors update

George F. Michals, 76, has retired from the Kinross Board of Directors. Mr. Michals served on the Kinross Board since 2003. Kinross thanks him for his distinguished service and many contributions to the Company.

J. Paul Rollinson, the newly appointed CEO of Kinross, has been appointed to the Board of Directors, replacing Tye W. Burt, the former CEO.

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 nine of this news release.

Due to the disposition of Kinross’ 50% interest in Crixás on June 28, 2012, the Company’s share of Crixás’ full-year forecast, including production of approximately 70,000 gold equivalent ounces, has been removed from the consolidated 2012 production forecast. As a result, Kinross now expects to produce approximately 2.5-2.6 million gold equivalent ounces in 2012 from its continuing operations, compared with its previous 2012 production forecast of 2.6-2.8 million gold equivalent ounces. The Company remains on track to be within its full-year 2012 production forecast range, excluding the adjustment in guidance due to the disposition of its interest in Crixás.

On a regional basis, the Company has also revised its production forecast from continuing operations as summarized in the table below. Forecast increases in production in North America and Russia are expected to offset a forecast reduction in West Africa, while South America’s forecast production has been adjusted to reflect the sale of Crixás.

The Company has revised its forecast full-year production cost of sales, which are now expected to be $690-725 per gold equivalent ounce from continuing operations compared with the previous forecast of $670-715, as a result of higher expected production cost of sales per ounce in West Africa and South America.

The table below summarizes revisions to production and cost of sales guidance on a regional and consolidated basis.

p. 7Kinross reports 2012 second quarter results www.kinross.com

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

Region	Previous production forecast (gold equivalent oz)	Revised production forecast from continuing operations (gold equivalent oz)	Previous cost of sales forecast ($ per gold equivalent oz)	Revised cost of sales forecast from continuing operations ($ per gold equivalent oz)
South America	930,000-1,030,000	890,000-930,000	780-850	830-870
North America	620,000-660,000	640,000-660,000	620-660	Unchanged
West Africa (attributable)	500,000-560,000	430,000-460,000	740-800	780-820
Russia	525,000-565,000	535,000-565,000	470-495	Unchanged
Total Kinross	2.6-2.8 million	2.5-2.6 million	670-715	690-725

Material assumptions used for the updated production cost of sales forecast are the same as previously disclosed assumptions for the gold and oil price. The silver price assumption has changed to $27 per ounce for the second half of 2012, compared with the previous assumption of $30 per ounce. Assumptions for foreign exchange rates have also remained the same, except for the Brazilian real, Ghanaian cedi and the Euro, which are as follows for the second half of 2012:

● 2.00 Brazilian reais to the U.S. dollar, compared with 1.75 Brazilian reais to the U.S. dollar

● 1.90 Ghanaian cedi to the U.S. dollar, compared with 1.60 Ghanaian cedi to the U.S. dollar

● 1.25 U.S. dollar to the Euro, compared with 1.35 U.S. dollar to the Euro.

The Company has revised its by-product production guidance from continuing operations for 2012 as follows:

	Previous by-product production forecast (ounces)	Revised by-product production forecast from continuing operations (ounces)
Gold	2.5-2.6 million	2.35-2.45 million
Silver	7.5-8.0 million	9.0-9.5 million

Kinross has lowered its 2012 by-product cost per ounce sold for continuing operations to $605-655 from the previously disclosed $620-665, mainly due to higher silver production from continuing operations in 2012.

The Company’s depreciation, depletion and amortization is forecast to be approximately $235 per gold equivalent ounce, compared with the previously-stated guidance of $200 per gold equivalent ounce.

Conference call details

In connection with this news release, Kinross will hold a conference call and audio webcast on Thursday, August 9, 2012 at 8 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):

p. 8Kinross reports 2012 second quarter results www.kinross.com

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

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’ unaudited second quarter 2012 Financial Statements and Management’s Discussion and Analysis report at www.kinross.com.

Kinross’ unaudited second quarter 2012 financial 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 financial statements free of charge upon request to the Company.

About Kinross Gold Corporation

Kinross is a Canadian-based gold mining company with mines and projects in Brazil, Canada, Chile, Ecuador, Ghana, Mauritania, Russia and the United States, employing approximately 8,000 people worldwide. 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

p. 9Kinross reports 2012 second quarter results www.kinross.com

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

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, statements with respect to: possible events, the future price of gold and silver, the estimation of mineral reserves and mineral resources, the realization of mineral reserve and mineral resource estimates, the timing and amount of estimated future production, costs of production, capital expenditures, costs and timing of the development of projects and 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 “aim”, ‘‘plans’’, “pursue”, ‘‘expects’’ or ‘‘does not expect’’, ‘‘is expected’’, ‘‘scheduled’’, “timeline” or “timetable”, ‘‘estimates’’, ‘‘forecasts”, “suggests”, “guidance”, “objective”, “opportunity”, “outlook”, “potential”, “prospects”, “seek”, “strategy”, “targets”, “models”, ‘‘anticipates’’, or ‘‘does not anticipate’’, or ‘‘believes’’, or variations of or similar such words and phrases or statements that certain actions, events or results ‘‘may’’, ‘‘could’’, ‘‘would’’, or ‘‘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, models and assumptions of Kinross referenced, 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 our most recently filed Management’s Discussion and Analysis 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 and permitting for the construction and operation of the new tailings facility) being consistent with our current expectations; (3) the viability, permitting and development of the Fruta del Norte deposit, and its continuing ownership by the Company, being consistent with Kinross’ current expectations; (4) political and legal 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 and investment laws and related regulations and policies, and negotiation of an exploitation contract and an investment protection contract with the government, being consistent with Kinross’ current expectations; (5) the exchange rate between the Canadian dollar, Brazilian real, Chilean peso, Russian rouble, Mauritanian ouguiya, Ghanaian cedi and the U.S. dollar being approximately consistent with current levels; (6) certain price assumptions for gold and silver; (7) prices for natural gas, fuel oil, electricity and other key supplies being approximately consistent with current levels; (8) 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; (9) the accuracy of the current mineral reserve and mineral resource estimates of the Company (including but not limited to ore tonnage and ore grade estimates) and any entity in which it now or hereafter directly or indirectly holds an investment; (10) labour and materials costs increasing on a basis consistent with Kinross’ current expectations; (11) the development of the Dvoinoye deposit being consistent with Kinross’ expectations; (12) the viability of the Tasiast and Chirano mines (including but not limited to, at Tasiast, the impact of ore tonnage and grade variability reconciliation analysis) as well as permitting, development and expansion (including but not limited to, at Tasiast, expansion optimization initiatives leading to changes in processing approach and maintenance and, as required, conversion of exploration licences to mining licences) of the Tasiast and Chirano mines being consistent with Kinross’ current expectations; (13) the terms and conditions of the legal and fiscal stability agreements for the Tasiast and Chirano operations being interpreted and applied in a manner consistent with their intent and Kinross’ expectations; (14) goodwill and/or asset impairment potential and (15) access to capital markets, including but not limited to maintaining an investment grade debt rating and securing partial project financing for the Dvoinoye, Fruta del Norte and the Tasiast expansion projects, being consistent with the Company’s current 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); increases in the discount rates applied to present value net future cash flows based on country-specific real weighted average cost of capital; declines in the market valuations of peer group gold producers and the Company, and the resulting impact on market price to net asset value multiples; 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 (including but not limited to income tax, advance income tax, stamp tax, withholding tax, capital tax, tariffs, value-added or sales tax, capital outflow tax, capital gains tax, windfall or windfall profits tax, royalty, excise tax, customs/import or export taxes/duties, asset taxes, asset transfer tax, property use or other real estate tax, together with any related fine, penalty, surcharge, or interest imposed in connection with such taxes), controls, policies and regulations; the security of personnel and assets; political or economic developments in Canada, the United States, Chile, Brazil, Russia, Ecuador, Mauritania, Ghana, or other countries in which Kinross, or entities in which it now or hereafter directly or indirectly holds an interest, do business or may carry on business; business opportunities that may be presented to, or pursued by, us; our ability to successfully integrate acquisitions and complete divestitures; operating or technical difficulties in connection with mining or development activities; employee relations; commencement of litigation against the Company including, but not limited to, securities class action in Canada and/or the U.S.; the speculative nature of gold exploration and development including, but not limited to, 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, including but not limited to resulting in an impairment charge on goodwill and/or assets. 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 and Management Discussion and Analysis. 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.

Key Sensitivities

Approximately 60%-70% of the Company’s costs are denominated in US dollars.

A 10% change in foreign exchange could result in an approximate $5 impact in production cost of sales per ounce.6

A $10 per barrel change in the price of oil could result in an approximate $2 impact on production 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.

The technical information about the Company’s material mineral properties (other than exploration activities) contained in this news release has been prepared under the supervision of Mr. Jim Fowler, an officer of the Company who is a “qualified person” within the meaning of National Instrument 43-101.The technical information about the Company’s drilling and exploration activities contained in this news release has been prepared under the supervision of Dr. Glen Masterman, an officer with the Company who is a “qualified person” within the meaning of National Instrument 43-101.

6 Refers 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.10Kinross reports 2012 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. These measures are not defined under IFRS and should not be considered in isolation. The Company believes that these measures, together with measures determined in accordance with IFRS, 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 IFRS. These measures are not necessarily standard and therefore may not be comparable to other issuers.

Adjusted net earnings attributed to common shareholders 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 for the reporting period, such as the impact of foreign exchange gains and losses, reassessment of prior year taxes and/or taxes otherwise not related to the current period, impairment charges, gains and losses and other one-time costs related to acquisitions, dispositions and other transactions, and non-hedge derivative gains and losses. Although some of the items are recurring, the Company believes that they are not reflective of the underlying operating performance of its current business and are not necessarily indicative of future operating results. Management believes that these measures, which are used internally to assess performance and in planning and forecasting future operating results, provide investors with the ability to better evaluate underlying performance, particularly since the excluded items are typically not included in public guidance. However, adjusted net earnings and adjusted net earnings per share measures are not necessarily indicative of net earnings and earnings per share measures as determined under IFRS.

The following table provides a reconciliation of net earnings from continuing operations to adjusted net earnings from continuing operations for the periods presented:

	GAAP to Adjusted Earnings from Continuing Operations Reconciliation
(in US$ millions)	Three months ended						Six months ended
	June 30						June 30
	2012			2011			2012			2011
Net earnings from continuing operations attributed to common shareholders - as  reported	$	115.8		$	244.3		$	215.4		$	490.5
Adjusting items:
Foreign exchange (gains) losses		13.5			(7.4	)		6.2			(21.9	)
Non-hedge derivatives gains - net of tax		(3.4	)		(7.6	)		(13.5	)		(48.6	)
(Gains) losses on acquisition/disposition of assets and investments - net of tax		0.3			(0.4	)		0.3			(31.2	)
FX (gain) loss on translation of tax basis and FX on deferred income taxes within income tax expense		9.6			(10.6	)		12.1			(1.6	)
Change in deferred tax due to a change in Ghanaian corporate income tax rate		-			-			110.3			-
Taxes in respect of prior years		-			-			1.3			-
Impairment of investments		20.2			-			20.2			-
Inventory fair value adjustment - net of tax		-			4.3			-			7.0
		40.2			(21.7	)		136.9			(96.3	)
Net earnings from continuing operations attributed to common shareholders -  Adjusted	$	156.0		$	222.6		$	352.3		$	394.2
Weighted average number of common shares outstanding - Basic		1,138.1			1,135.8			1,138.5			1,134.9
Net earnings from continuing operations per share - Adjusted	$	0.14		$	0.20		$	0.31		$	0.35

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. The Company uses adjusted operating cash flow internally as a measure of the underlying operating cash flow performance and future operating cash flow-generating capability of the Company. However, adjusted operating cash flow and adjusted operating cash flow per share measures are not necessarily indicative of net cash flow from operations as determined under IFRS.

p. 11Kinross reports 2012 second quarter results www.kinross.com

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

The following table provides a reconciliation of adjusted operating cash flow from continuing operations for the periods presented:

	GAAP to Adjusted Operating Cash Flow from Continuing Operations
(in US$ millions)	Three months ended						Six months ended
	June 30						June 30
	2012			2011			2012			2011
Net cash flow of continuing operations provided from operating activities - as  reported	$	77.4		$	346.6		$	453.9		$	687.2
Adjusting items:
Close out and early settlement of derivative instruments		(20.3	)		-			(48.7	)		-
Working capital changes:
Accounts receivable and other assets		53.0			131.8			85.4			167.9
Inventories		50.2			(11.7	)		48.6			2.5
Accounts payable and other liabilities, including taxes		110.2			(61.9	)		52.0			(62.1	)
		193.1			58.2			137.3			108.3
Adjusted operating cash flow from continuing operations	$	270.5		$	404.8		$	591.2		$	795.5
Weighted average number of common shares outstanding - Basic		1,138.1			1,135.8			1,138.5			1,134.9
Adjusted operating cash flow from continuing operations per share	$	0.24		$	0.36		$	0.52		$	0.70

Consolidated production cost of sales per gold equivalent ounce sold is a non-GAAP measure and is defined as production cost of sales as per the consolidated financial statements divided by the total number of gold equivalent ounces sold. This measure converts the Company’s non-gold production into gold equivalent ounces and credits it to total production.

Attributable production cost of sales per gold equivalent ounce sold is a non-GAAP measure and is defined as attributable production cost of sales divided by the attributable number of gold equivalent ounces sold. This measure converts the Company’s non-gold production into gold equivalent ounces and credits it to total production.

Management uses these measures to monitor and evaluate the performance of its operating properties.

	Consolidated and Attributable Cost of Sales from Continuing Operations Per Equivalent Ounce Sold
(in US$ millions)	Three months ended						Six months ended
	June 30						June 30
	2012			2011			2012			2011
Production cost of sales from continuing operations	$	464.9		$	389.0		$	917.5		$	760.5
Less: portion attributable to Kupol non-controlling interest(1)		-			(4.1	)		-			(21.0	)
Less: portion attributable to Chirano non-controlling interest		(4.9	)		(3.7	)		(10.3	)		(8.6	)
Attributable production cost of sales from continuing operations	$	460.0		$	381.2		$	907.2		$	730.9
Gold equivalent ounces sold from continuing operations		640,836			688,282			1,253,188			1,393,240
Less: portion attributable to Kupol non-controlling interest(1)		-			(12,968	)		-			(63,803	)
Less: portion attributable to Chirano non-controlling interest		(6,298	)		(5,656	)		(14,123	)		(12,610	)
Attributable gold equivalent ounces sold		634,538			669,658			1,239,065			1,316,827
Consolidated production cost of sales from continuing operations per equivalent ounce sold	$	725		$	565		$	732		$	546
Attributable production cost of sales from continuing operations per equivalent ounce sold	$	725		$	569		$	732		$	555

(1) On April 27, 2011, Kinross acquired the remaining 25% of CMGC, and thereby obtained 100% ownership of Kupol. As such, the results up to April 27, 2011 reflect 75% and results thereafter reflect 100%.

p. 12Kinross reports 2012 second quarter results www.kinross.com

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

Attributable production 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 production costs, 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 provides investors with the ability to better evaluate Kinross’ production 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 production cost of sales per ounce sold on a by-product basis for the periods presented:

	Attributable Cost of Sales from Continuing Operations Per Ounce Sold on a By-Product Basis
(in US$ millions)	Three months ended						Six months ended
	June 30						June 30
	2012			2011			2012			2011
Production cost of sales from continuing operations(1)	$	464.9		$	389.0		$	917.5		$	760.5
Less: portion attributable to Kupol non-controlling interest(2)		-			(4.1	)		-			(21.0	)
Less: portion attributable to Chirano non-controlling interest		(4.9	)		(3.7	)		(10.3	)		(8.6	)
Less: attributable silver sales		(72.0	)		(83.4	)		(158.2	)		(165.4	)
Attributable production cost of sales from continuing operations net of silver by-  product revenue	$	388.0		$	297.8		$	749.0		$	565.5
Gold ounces sold		595,654			605,729			1,156,807			1,226,923
Less: portion attributable to Kupol non-controlling interest(2)		-			(9,349	)		-			(49,299	)
Less: portion attributable to Chirano non-controlling interest		(6,285	)		(5,625	)		(14,085	)		(12,552	)
Attributable gold ounces sold		589,369			590,755			1,142,722			1,165,072
Attributable production cost of sales from continuing operations per ounce sold on  a by- product basis	$	658		$	504		$	655		$	485

(1)	“Production cost of sales” is equivalent to “Total cost of sales” per the consolidated financial statements less depreciation, depletion and amortization and impairment charges.
(2)	On April 27, 2011, Kinross acquired the remaining 25% of CMGC, and thereby obtained 100% ownership of Kupol. As such, the results up to April 27, 2011 reflect 75% and results thereafter reflect 100%.

p. 13Kinross reports 2012 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						Production cost of sales(1) ($millions)						Production cost of sales(1)/oz
	2012			2011			2012			2011			2012			2011			2012		2011
Fort Knox		71,952			77,727			71,978			77,269		$	54.5		$	52.4		$	757	$	678
Round Mountain		53,147			47,151			52,433			46,941			34.7			34.7			662		739
Kettle River - Buckhorn		35,985			46,237			40,354			45,442			20.5			18.3			508		403
North America Total		161,084			171,115			164,765			169,652			109.7			105.4			666		621
Kupol (100%)		149,214			184,066			156,716			199,773			73.2			69.1			467		346
Russia Total		149,214			184,066			156,716			199,773			73.2			69.1			467		346
Paracatu		118,419			99,893			118,389			95,773			108.2			77.1			914		805
La Coipa		36,113			50,867			30,325			56,906			35.7			40.5			1,177		712
Maricunga		60,841			70,105			61,367			63,407			44.5			26.2			725		413
South America Total		215,373			220,865			210,081			216,086			188.4			143.8			897		665
Tasiast		49,807			47,249			46,296			46,213			44.5			33.6			961		727
Chirano (100%)		63,660			57,898			62,978			56,558			49.1			37.1			780		656
West Africa Total		113,467			105,147			109,274			102,771			93.6			70.7			857		688
Continuing operations		639,138			681,193			640,836			688,282			464.9			389.0			725		565
Discontinued operations(3)		15,105			15,438			15,611			16,165			13.6			13.6			871		841
Operations Total		654,243			696,631			656,447			704,447		$	478.5		$	402.6		$	729	$	572
Less Kupol non-controlling interest (25%)(2)		-			(14,596	)		-			(12,968	)		-			(4.1	)
Less Chirano non-controlling interest (10%)		(6,366	)		(5,790	)		(6,298	)		(5,656	)		(4.9	)		(3.7	)
Attributable - Continuing operations		632,772			660,807			634,538			669,658		$	460.0		$	381.2		$	725	$	569
Attributable Total		647,877			676,245			650,149			685,823		$	473.6		$	394.8		$	728	$	576

(1)	“Production cost of sales” is equivalent to “Total cost of sales” per the consolidated financial statements less depreciation, depletion and amortization and impairment charges.
(2)	On April 27, 2011, Kinross acquired the remaining 25% of CMGC, and thereby obtained 100% ownership of Kupol. As such, the results up to April 27, 2011 reflect 75% and results thereafter reflect 100%.
(3)	On June 28, 2012, the Company completed the sale of its 50% interest in the Crixás gold mine.

p. 14Kinross reports 2012 second quarter results www.kinross.com

Six months ended June 30,	Gold equivalent ounces												Production cost of sales(1) ($millions)						Production cost of sales(1)/oz
	Produced						Sold
	2012			2011			2012			2011			2012			2011			2012		2011
Fort Knox		133,668			142,774			132,343			141,935		$	106.5		$	93.0		$	805	$	655
Round Mountain		97,905			89,272			95,984			88,496			71.9			67.6			749		764
Kettle River - Buckhorn		78,603			92,089			79,675			93,071			39.5			36.2			496		389
North America Total		310,176			324,135			308,002			323,502			217.9			196.8			707		608
Kupol (100%)		276,184			389,741			283,451			403,111			134.4			134.6			474		334
Russia Total		276,184			389,741			283,451			403,111			134.4			134.6			474		334
Paracatu		223,037			200,320			228,916			203,730			213.6			151.6			933		744
La Coipa		73,853			105,313			74,037			119,837			80.2			78.0			1,083		651
Maricunga		124,830			128,845			130,430			119,250			88.2			53.1			676		445
South America Total		421,720			434,478			433,383			442,817			382.0			282.7			881		638
Tasiast		87,441			98,570			87,123			97,706			80.4			60.2			923		616
Chirano (100%)		139,566			119,935			141,229			126,104			102.8			86.2			728		684
West Africa Total		227,007			218,505			228,352			223,810			183.2			146.4			802		654
Continuing operations		1,235,087			1,366,859			1,253,188			1,393,240			917.5			760.5			732		546
Discontinued operations(3)		30,994			30,251			32,764			29,784			27.4			23.7			836		796
Operations Total		1,266,081			1,397,110			1,285,952			1,423,024		$	944.9		$	784.2		$	735	$	551
Less Kupol non-controlling interest (25%)(2)		-			(66,015	)		-			(63,803	)		-			(21.0	)
Less Chirano non-controlling interest (10%)		(13,957	)		(11,993	)		(14,123	)		(12,610	)		(10.3	)		(8.6	)
Attributable - Continuing operations		1,221,130			1,288,851			1,239,065			1,316,827		$	907.2		$	730.9		$	732	$	555
Attributable Total		1,252,124			1,319,102			1,271,829			1,346,611		$	934.6		$	754.6		$	735	$	560

(1)	“Production cost of sales” is equivalent to “Total cost of sales” per the consolidated financial statements less depreciation, depletion and amortization and impairment charges.
(2)	On April 27, 2011, Kinross acquired the remaining 25% of CMGC, and thereby obtained 100% ownership of Kupol. As such, the results up to April 27, 2011 reflect 75% and results thereafter reflect 100%.
(3)	On June 28, 2012, the Company completed the sale of its 50% interest in the Crixás gold mine.

p. 15Kinross reports 2012 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,
	2012			2011
Assets
Current assets
Cash and cash equivalents	$	1,340.3		$	1,766.0
Restricted cash		54.8			62.1
Short-term investments		-			1.3
Accounts receivable and other assets		383.5			309.4
Inventories		1,015.4			976.2
Unrealized fair value of derivative assets		2.2			2.8
		2,796.2			3,117.8
Non-current assets
Property, plant and equipment		9,638.2			8,959.4
Goodwill		3,382.3			3,420.3
Long-term investments		60.5			79.4
Investments in associates		511.1			502.5
Unrealized fair value of derivative assets		4.0			1.1
Deferred charges and other long-term assets		446.6			406.4
Deferred tax assets		35.5			21.9
Total assets	$	16,874.4		$	16,508.8
Liabilities
Current liabilities
Accounts payable and accrued liabilities	$	596.0		$	575.3
Current tax payable		142.0			82.9
Current portion of long-term debt		475.9			32.7
Current portion of provisions		35.3			38.1
Current portion of unrealized fair value of derivative liabilities		51.5			66.7
		1,300.7			795.7
Non-current liabilities
Long-term debt		1,147.7			1,600.4
Provisions		592.9			597.1
Unrealized fair value of derivative liabilities		27.9			32.7
Other long-term liabilities		130.3			133.1
Deferred tax liabilities		960.8			879.1
Total liabilities		4,160.3			4,038.1
Equity
Common shareholders’ equity
Common share capital and common share purchase warrants	$	14,680.6		$	14,656.6
Contributed surplus		79.8			81.4
Accumulated deficit		(2,081.7	)		(2,249.9	)
Accumulated other comprehensive loss		(36.3	)		(97.7	)
Total common shareholders’ equity		12,642.4			12,390.4
Non-controlling interest		71.7			80.3
Total equity		12,714.1			12,470.7
Total liabilities and equity	$	16,874.4		$	16,508.8
Common shares
Authorized	Unlimited			Unlimited
Issued and outstanding		1,139,280,972			1,137,732,344

p. 16Kinross reports 2012 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,
	2012			2011			2012			2011
Revenue
Metal sales	$	1,006.7		$	963.6		$	2,014.8		$	1,881.7
Cost of sales
Production cost of sales		464.9			389.0			917.5			760.5
Depreciation, depletion and amortization		157.0			146.3			299.7			297.0
Total cost of sales		621.9			535.3			1,217.2			1,057.5
Gross profit		384.8			428.3			797.6			824.2
Other operating costs		10.8			9.1			22.3			13.0
Exploration and business development		71.2			26.3			129.9			49.9
General and administrative		44.0			40.1			83.7			83.4
Operating earnings		258.8			352.8			561.7			677.9
Other income (expense) - net		(28.5	)		17.0			(16.2	)		105.1
Equity in gains (losses) of associates		(1.7	)		0.2			(2.9	)		-
Finance income		1.1			1.6			2.1			3.7
Finance expense		(9.0	)		(16.0	)		(18.8	)		(32.3	)
Earnings before taxes		220.7			355.6			525.9			754.4
Income tax expense - net		(104.7	)		(97.5	)		(319.1	)		(209.1	)
Earnings from continuing operations after tax		116.0			258.1			206.8			545.3
Earnings from discontinued operations after tax		37.8			3.1			43.9			7.0
Net earnings	$	153.8		$	261.2		$	250.7		$	552.3
Net earnings from continuing operations attributed to:
Non-controlling interest	$	0.2		$	13.8		$	(8.6	)	$	54.8
Common shareholders	$	115.8		$	244.3		$	215.4		$	490.5
Net earnings attributed to:
Non-controlling interest	$	0.2		$	13.8		$	(8.6	)	$	54.8
Common shareholders	$	153.6		$	247.4		$	259.3		$	497.5
Earnings per share from continuing operations attributable to common shareholders
Basic	$	0.10		$	0.22		$	0.19		$	0.43
Diluted	$	0.10		$	0.21		$	0.19		$	0.43
Net earnings per share attributable to common shareholders
Basic	$	0.13		$	0.22		$	0.23		$	0.44
Diluted	$	0.13		$	0.22		$	0.23		$	0.44
Weighted average number of common shares outstanding (millions)
Basic		1,138.1			1,135.8			1,138.5			1,134.9
Diluted		1,144.3			1,141.4			1,144.4			1,140.7

p. 17Kinross reports 2012 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,			June 30,			June 30,
	2012			2011			2012			2011
Net inflow (outflow) of cash related to the following activities:				Note 4						Note 4
Operating:
Net earnings from continuing operations	$	116.0		$	258.1		$	206.8		$	545.3
Adjustments to reconcile net earnings from continuing operations to net cash provided from (used in) operating activities:
Depreciation, depletion and amortization		157.0			146.3			299.7			297.0
(Gains) losses on acquisition/disposition of assets and investments - net		0.5			(0.6	)		0.5			(31.4	)
Equity in (gains) losses of associates		1.7			(0.2	)		2.9			-
Non-hedge derivative gains - net		(3.4	)		(7.1	)		(13.5	)		(48.1	)
Settlement of derivative instruments		20.3			-			48.7			-
Share-based compensation expense		9.4			10.2			18.9			18.4
Accretion expense		5.3			13.8			10.7			26.5
Deferred tax (recovery) expense		(14.0	)		(19.0	)		83.5			(12.1	)
Foreign exchange (gains) losses and other		(2.0	)		3.3			(18.3	)		(0.1	)
Changes in operating assets and liabilities:
Accounts receivable and other assets		(53.0	)		(131.8	)		(85.4	)		(167.9	)
Inventories		(50.2	)		11.7			(48.6	)		(2.5	)
Accounts payable and accrued liabilities, excluding interest and taxes		22.7			181.6			140.1			245.0
Cash flow provided from operating activities		210.3			466.3			646.0			870.1
Income taxes paid		(132.9	)		(119.7	)		(192.1	)		(182.9	)
Net cash flow of continuing operations provided from operating activities		77.4			346.6			453.9			687.2
Net cash flow of discontinued operations provided from operating activities		9.6			14.7			14.8			9.2
Investing:
Additions to property, plant and equipment		(431.2	)		(408.8	)		(961.4	)		(661.7	)
Net proceeds from the sale of long-term investments and other assets		-			-			0.2			101.1
Additions to long-term investments and other assets		-			(64.7	)		(12.7	)		(76.5	)
Net proceeds from the sale of property, plant and equipment		0.2			0.7			0.2			0.8
Disposals (additions) of short-term investments		0.2			(1.3	)		1.3			(1.3	)
Increase (decrease) in restricted cash		0.4			(3.9	)		1.3			(3.9	)
Interest received		1.2			0.7			2.1			1.9
Other		0.4			(2.7	)		0.1			(3.0	)
Net cash flow of continuing operations used in investing activities		(428.8	)		(480.0	)		(968.9	)		(642.6	)
Net cash flow of discontinued operations provided from (used in) investing activities		204.4			(14.1	)		198.9			(16.7	)
Financing:
Issuance of common shares on exercise of options and warrants		1.6			6.0			3.5			14.9
Acquisition of CMGC 25% non-controlling interest		-			(335.4	)		-			(335.4	)
Proceeds from issuance of debt		168.9			99.6			296.3			192.6
Repayment of debt		(170.7	)		(111.1	)		(322.5	)		(215.6	)
Interest paid		(1.6	)		(0.5	)		(4.8	)		(5.1	)
Dividends paid to common shareholders		-			-			(91.1	)		(56.8	)
Settlement of derivative instruments		-			(9.4	)		-			(19.7	)
Other		(0.1	)		-			(0.8	)		(5.7	)
Net cash flow of continuing operations used in financing activities		(1.9	)		(350.8	)		(119.4	)		(430.8	)
Net cash flow of discontinued operations used in financing activities		(0.3	)		(0.7	)		(0.6	)		(1.4	)
Effect of exchange rate changes on cash and cash equivalents of continuing operations		(7.0	)		3.8			(4.4	)		8.8
Decrease in cash and cash equivalents		(146.6	)		(480.5	)		(425.7	)		(386.3	)
Cash and cash equivalents, beginning of period		1,486.9			1,560.8			1,766.0			1,466.6
Cash and cash equivalents, end of period	$	1,340.3		$	1,080.3		$	1,340.3		$	1,080.3

p. 18Kinross reports 2012 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(11)		Gold Eq Sales (11)		Production costs of sales(12)		Production cost of sales(12)/oz		Cap Ex		DD&A
				(%)	(‘000 tonnes)			(g/t)	(%)			(ounces)		(ounces)		($ millions)		($/ounce)		($ millions)		($ millions)
North America	Fort Knox(3)		Q2 2012	100		13,084		0.51		85	%		71,952		71,978	$	54.5	$	757	$	38.4	$	11.3
			Q1 2012	100		4,156		0.46		84	%		61,716		60,365		52.0		861		24.8		9.1
			Q4 2011	100		8,197		0.51		79	%		70,759		69,973		52.3		747		28.4		10.0
			Q3 2011	100		9,415		0.49		77	%		76,261		75,611		53.8		712		26.8		15.4
			Q2 2011	100		10,000		0.59		79	%		77,727		77,269		52.4		678		26.2		17.2
	Round Mountain (4)		Q2 2012	50		4,674		0.82		74	%		53,147		52,433		34.7		662		19.3		8.4
			Q1 2012	50		5,121		0.92		78	%		44,758		43,551		37.3		856		13.6		7.8
			Q4 2011	50		6,317		0.98		81	%		43,584		44,231		26.4		597		22.2		6.1
			Q3 2011	50		6,989		0.95		74	%		54,588		52,658		35.2		668		9.6		8.8
			Q2 2011	50		6,960		0.99		76	%		47,151		46,941		34.7		739		7.9		7.2
	Kettle River		Q2 2012	100		111		11.52		92	%		35,985		40,354		20.5		508		3.2		18.2
			Q1 2012	100		112		12.81		90	%		42,618		39,321		18.9		481		0.5		18.9
			Q4 2011	100		123		12.24		89	%		42,003		43,089		19.2		446		3.0		21.6
			Q3 2011	100		110		13.06		91	%		41,200		42,109		19.5		463		3.9		17.5
			Q2 2011	100		104		14.77		89	%		46,237		45,442		18.3		403		3.4		20.0
Russia	Kupol - 100%(6)		Q2 2012	100		329		12.23		93	%		149,214		156,716		73.2		467		12.3		29.4
			Q1 2012	100		309		11.76		93	%		126,970		126,735		61.2		483		10.4		23.6
			Q4 2011	100		325		10.81		93	%		138,410		113,936		54.8		481		18.5		21.3
			Q3 2011	100		303		10.39		93	%		124,912		138,278		58.4		422		8.0		25.7
			Q2 2011	100		305		15.88		94	%		184,066		199,773		69.1		346		16.1		37.0
	Kupol (6)(7)(8)		Q2 2012	100		329		12.23		93	%		149,214		156,716		73.2		467		12.3		29.4
			Q1 2012	100		309		11.76		93	%		126,970		126,735		61.2		483		10.4		23.6
			Q4 2011	100		325		10.81		93	%		138,410		113,936		54.8		481		18.5		21.3
			Q3 2011	100		303		10.39		93	%		124,912		138,278		58.4		422		8.0		25.7
			Q2 2011	100		305		15.88		94	%		169,470		186,805		65.0		348		15.2		35.4
South America	Paracatu		Q2 2012	100		12,988		0.38		74	%		118,419		118,389		108.2		914		67.2		19.2
			Q1 2012	100		12,910		0.35		72	%		104,618		110,527		105.4		954		74.6		14.6
			Q4 2011	100		11,578		0.42		74	%		117,977		112,048		82.6		737		131.6		15.1
			Q3 2011	100		13,202		0.43		74	%		135,099		133,827		89.7		670		105.9		16.9
			Q2 2011	100		10,014		0.41		76	%		99,893		95,773		77.1		805		65.2		14.3
	Crixás (13)		Q2 2012	50		302		3.43		91	%		15,105		15,611		13.6		871		3.6		4.9
			Q1 2012	50		282		3.82		91	%		15,889		17,153		13.8		805		3.8		4.0
			Q4 2011	50		302		4.58		93	%		20,781		17,379		11.3		650		7.1		3.6
			Q3 2011	50		300		3.49		92	%		15,551		16,594		15.3		922		5.4		3.7
			Q2 2011	50		312		3.35		93	%		15,438		16,165		13.6		841		6.9		3.6
	La Coipa (5)		Q2 2012	100		1,256		0.72		77	%		36,113		30,325		35.7		1,177		22.2		6.2
			Q1 2012	100		1,467		0.56		78	%		37,740		43,712		44.5		1,018		15.3		4.5
			Q4 2011	100		1,060		0.58		85	%		34,435		35,629		35.4		994		23.2		3.3
			Q3 2011	100		1,011		0.70		76	%		38,539		35,566		32.1		903		17.4		6.6
			Q2 2011	100		1,131		0.72		81	%		50,867		56,906		40.5		712		15.3		8.1
	Maricunga		Q2 2012	100		3,487		0.65	nm				60,841		61,367		44.5		725		50.7		5.5
			Q1 2012	100		4,014		0.66	nm				63,989		69,063		43.7		633		35.6		6.3
			Q4 2011	100		3,960		0.76	nm				54,281		52,987		22.2		419		34.0		4.8
			Q3 2011	100		3,284		0.80	nm				53,123		58,591		30.2		515		29.9		5.5
			Q2 2011	100		4,023		0.86	nm				70,105		63,407		26.2		413		44.3		7.1
West Africa	Tasiast(10)		Q2 2012	100		5,133		1.74		86	%		49,807		46,296		44.5		961		124.3		19.9
			Q1 2012	100		1,597		1.71		89	%		37,634		40,827		35.9		879		260.0		13.8
			Q4 2011	100		4,581		2.33		88	%		54,874		50,800		37.2		732		204.6		14.8
			Q3 2011	100		2,679		2.05		87	%		47,175		48,455		40.8		842		88.3		18.4
			Q2 2011	100		1,990		1.60		91	%		47,249		46,213		33.6		727		92.1		14.5
	Chirano - 100%		Q2 2012	90		802		2.70		92	%		63,660		62,978		49.1		780		20.6		36.9
			Q1 2012	90		854		2.97		93	%		75,906		78,251		53.7		686		22.5		41.8
			Q4 2011	90		917		2.70		93	%		73,539		67,876		45.3		667		28.6		28.4
			Q3 2011	90		949		2.45		91	%		68,372		68,697		50.5		735		19.5		23.6
			Q2 2011	90		858		2.28		91	%		57,898		56,558		37.1		656		29.0		19.3
	Chirano (9)		Q2 2012	90		802		2.70		92	%		57,294		56,680		44.2		780		18.5		33.2
			Q1 2012	90		854		2.97		93	%		68,315		70,426		48.3		686		20.3		37.6
			Q4 2011	90		917		2.70		93	%		66,185		61,086		40.8		667		25.7		25.6
			Q3 2011	90		949		2.45		91	%		61,535		61,828		45.5		735		17.6		21.2
			Q2 2011	90		858		2.28		91	%		52,108		50,902		33.4		656		26.1		17.4

p. 19Kinross reports 2012 second quarter results www.kinross.com

(1)	Ore processed is to 100%, production and costs are to Kinross’ account.
(2)	Due to the nature of heap leach operations, recovery rates at Maricunga cannot be accurately measured on a quarterly basis.  Recovery rates at Fort Knox, Round Mountain and Tasiast represent mill recovery only.
(3)	Includes 9,632,000 tonnes placed on the heap leach pad during the second quarter of 2012, and 10,547,000 tonnes for the first six months of 2012. Grade and recovery represent mill processing only.  Ore placed on the heap leach pad had an average grade of 0.33 grams per tonne for both the three and six months ended June 30, 2012.
(4)	Includes 3,752,000 tonnes placed on the heap leach pad during the second quarter of 2012, and 8,062,000 tonnes for the first six months of 2012. The presentation has been amended to reflect mill grade and recovery only, with heap leach grade disclosed separately, rather than a blended rate for mill and heap leach grades.  Ore placed on the heap leach pad had an average grade of 0.43 grams per tonne for the second quarter of 2012, and 0.45 tonnes for the first six months of 2012. In addition, the presentation has been amended to exclude tonnes transferred between heap leach pads.
(5)	La Coipa silver grade and recovery were as follows: Q2 (2012) 42.04 g/t, 46%; Q1 (2012) 38.78 g/t, 51%; Q4 (2011) 56.82 g/t, 54%; Q3 (2011) 65.00 g/t, 43%; Q2 (2011) 58.85 g/t, 55%
(6)	The Kupol segment excludes Dvoinoye capital expenditures.
(7)	Kupol silver grade and recovery were as follows: Q2 (2012) 187.49 g/t, 87%; Q1 (2012) 171.8 g/t, 85 %; Q4 (2011) 170.52 g/t,85 %; Q3 (2011) 159.03 g/t, 82%; Q2 (2011) 215.21 g/t, 84%
(8)	On April 27, 2011, Kinross acquired the remaining 25% of CMGC, and thereby obtained 100% ownership of Kupol. As such, the results up to April 27, 2011 reflect 75% and results thereafter reflect 100%.
(9)	Includes Kinross’ share of Chirano at 90%.
(10)	Includes 4,477,000 tonnes placed on the heap leach pad during the second quarter of 2012, and 5,480,000 tonnes for the first six months of 2012. Grade and recovery represent mill processing only.  Ore placed on the heap leach pad had an average grade of 0.47 grams per tonne for the second quarter of 2012, and 0.49 grams per tonne for the first six months of 2012.
(11)	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 ratios for the quarters presented are as follows: Q2 2012: 54.77:1, Q1 2012: 51.82:1, Q4 2011: 52.64:1, Q3 2011: 43.87:1, Q2 2011: 39.67:1.
(12)	“Production cost of sales” is equivalent to “Total cost of sales” per the consolidated financial statements less depreciation, depletion and amortization and impairment charges.
(13)	On June 28, 2012, the Company completed the sale of its 50% interest in the Crixás gold mine.

p. 20Kinross reports 2012 second quarter results www.kinross.com

EX-99.2

Exhibit 99.2

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

NEWS RELEASE

Kinross declares dividend

Toronto, Ontario, August 8, 2012 – Kinross Gold Corporation (TSX: K; NYSE: KGC) announced today that the Board of Directors has declared a dividend of US$0.08 per common share, payable on September 28, 2012 to shareholders of record at the close of business on September 21, 2012.

This dividend qualifies as an “eligible dividend” for Canadian income tax purposes.

About Kinross Gold Corporation

Kinross is a Canadian-based gold mining company with mines and projects in Brazil, Canada, Chile, Ecuador, Ghana, Mauritania, Russia and the United States, employing approximately 8,000 people worldwide. 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

www.kinross.com

EX-99.3

EXHIBIT 99.3

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

NEWS RELEASE

Kinross announces senior management appointments

Toronto, Ontario, August 9, 2012 – J. Paul Rollinson, CEO Kinross Gold Corporation, today announced that Brant Hinze, formerly Executive Vice-President and Chief Operating Officer of Kinross, has been appointed President and Chief Operating Officer.

“This promotion is consistent with a renewed focus on operational fundamentals, delivering on key metrics at our sites, and reducing costs across our operations and projects,” Mr. Rollinson said. “Since coming to Kinross, Brant Hinze has instilled a new level of accountability at our operations. We are now looking to him to lead the drive for performance improvements across the organization as the next step in our capital and project optimization process.”

Brant Hinze joined Kinross as Executive Vice-President and Chief Operating Officer in October 2010. Previously, he was Senior Vice-President, North American Operations, for Newmont Mining Corporation. Mr. Hinze has a Mining Engineering degree from the University of Idaho.

Mr. Rollinson announced two additional role changes in the senior management team.

Geoffrey P. Gold, formerly Executive Vice-President and Chief Legal Officer, will become Executive Vice-President, Corporate Development, and Chief Legal Officer, adding responsibility for corporate development to his existing responsibilities as the Company’s chief legal officer. Mr. Gold joined Kinross in 2006.

James Crossland, formerly Executive Vice-President External Relations and Corporate Responsibility, will become Executive Vice-President, Corporate Affairs. He will add responsibility for investor relations to his existing portfolio of responsibilities, which include government relations, environment, corporate responsibility, major project permitting, and corporate communications. Mr. Crossland joined Kinross in 2007.

“Geoff Gold and Jim Crossland both have very strong records of achievement in their respective functional areas, and I congratulate them on their expanded roles as we seek to streamline our management structure and improve the efficiency of decision-making,” said Mr. Rollinson.

About Kinross Gold Corporation

Kinross is a Canadian-based gold mining company with mines and projects in Brazil, Canada, Chile, Ecuador, Ghana, Mauritania, Russia and the United States, employing approximately 8,000 people worldwide. 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

EX-99.4

EXHIBIT 99.4

MATERIAL CHANGE REPORT

1.	Name and Address of Company
	Kinross Gold Corporation (“Kinross”)
	25 York Street, 17th Floor
	Toronto, Ontario
	M5J 2V5
2.	Date of Material Change
	August 1, 2012
3.	News Release
	A news release with respect to the material change referred to in this material change report was issued by Kinross on August 1, 2012 through the facilities of Marketwire and filed on the System for Electronic Document Analysis and Retrieval.
4.	Summary of Material Change
	On August 1, 2012 Kinross announced that its Board of Directors had appointed J. Paul Rollinson as Chief Executive Officer and a Director of Kinross.
5.	Full Description of Material Change
	On August 1, 2012 Kinross announced that its Board of Directors had appointed J. Paul Rollinson (formerly Executive Vice-President, Corporate Development) as Chief Executive Officer of Kinross, replacing Tye W. Burt.  Mr. Rollinson has also replaced Mr. Burt on the Kinross Board of Directors.
6.	Reliance on Subsection 7.1(2) of National Instrument 51-102
	Not applicable.
7.	Omitted Information
	No significant facts in this report remain confidential, and no information has been omitted from this report.
8.	Executive Officer
.	For further information, please contact Shelley M. Riley, Vice President, Office Services and Corporate Secretary, at (416) 365-5198
9.	Date of Report
	August 8, 2012