<DOCUMENT>
<TYPE>SC 13D
<SEQUENCE>1
<FILENAME>echobaysc13d.txt
<TEXT>
SEC 1746(2-98)    Potential  persons  who are to  respond to the  collection  of
                  information contained in this form are not required to respond
                  unless the form displays a currently valid OMB control number.

                                                  ==============================
                                                            OMB APPROVAL
                                                  ------------------------------
                                                  OMB Number:          3235-0145
                                                  Expires:      October 31, 2002
                                                  Estimated average burden
                                                  hours per response..... . 14.9
                                                  ==============================

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13D
                    Under the Securities Exchange Act of 1934
                                (Amendment No. )*

                               Echo Bay Mines Ltd.
                        --------------------------------
                                (Name of Issuer)

                          Common Stock, No par value
                          -----------------------------
                         (Title of Class of Securities)

                                    27875110
                                   -----------
                                 (CUSIP Number)

                                  Keith L. Pope
                      Parr, Waddoups, Brown, Gee & Loveless
                       185 South State Street, Suite 1300
                            Salt Lake City, UT 84111
                                 (801) 532-7840
--------------------------------------------------------------------------------
           (Name, Address and Telephone Number of Person Authorized to
                      Receive Notices and Communications)


                                September 5, 2001
                                -----------------
             (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 Sections 240.13d-1(e),  240.13d-1(f), or 240.13d-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 Section 240.13d-7 for other
parties to whom copies are to be sent.

*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 in 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 ("Act") 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).


                                       1
<PAGE>

CUSIP No. 27875110

--------------------------------------------------------------------------------
 1     Names of Reporting Persons..
       I.R.S. Identification Nos. of above persons (entities only).
       Kinross Gold Corporation
--------------------------------------------------------------------------------
 2     Check the Appropriate Box if a Member of a Group (See Instructions)

                (a)
                    ------------------------
                (b)
                    ------------------------
--------------------------------------------------------------------------------
 3     SEC Use Only
--------------------------------------------------------------------------------
 4     Source of Funds (See Instructions)

       OO
--------------------------------------------------------------------------------
 5     Check if Disclosure of Legal  Proceedings  is Required  Pursuant to Items
       2(d) or 2(e)  X
                    --
--------------------------------------------------------------------------------
 6     Citizenship or Place of Organization

       Province of Ontario
--------------------------------------------------------------------------------
                    7       Sole Voting Power

                            57,126,674
                    ------------------------------------------------------------
   Number of        8       Shared Voting Power
     Shares
  Beneficially              -0-
    Owned by        ------------------------------------------------------------
      Each
   Reporting        9       Sole Dispositive Power
     Person
      With                  57,126,674
                    ------------------------------------------------------------

                    10      Shared Dispositive Power

                            -0-
--------------------------------------------------------------------------------
11     Aggregate Amount Beneficially Owned by Each Reporting Person

       57,126,674
--------------------------------------------------------------------------------
12     Check if the Aggregate  Amount in Row (11) Excludes  Certain  Shares (See
       Instructions)                                                         [ ]
--------------------------------------------------------------------------------
13     Percent of Class Represented by Amount in Row (11)

       11.4%  (assuming all holders of the Echo Bay  capital securities elect to
       exchange and other conditions are met)
--------------------------------------------------------------------------------
14     Type of Reporting Person (See Instructions)

       CO
--------------------------------------------------------------------------------


                                       2
<PAGE>

Item 1.           Security and Issuer

         (a)      Title of Class of Equity Securities:

                  Common shares, no par value (the "Common Shares")

         (b)      Name of Issuer:

                  Echo Bay Mines Ltd. ("Echo Bay")

         (c)      Address of Issuer's Principal Executive Office:

                  6400 South Fiddler's Green Circle, Suite 1000,  Englewood,  CO
                  80111-4957

Item 2.           Identity and Background

         (a)      Name:

                  Kinross Gold Corporation ("Kinross")

         (b)      Business or Residence address:

                  Suite 5200, 40 King Street West, Toronto, Ontario M5H 3Y2

         (c)      Present  principal  occupation  or  employment  and the  name,
                  principal  business  and address of any  corporation  or other
                  organization in which such employment is conducted:

                  Kinross is engaged in the business of mining and processing of
                  gold and silver ore and the  exploration  for and  acquisition
                  and development of gold bearing properties.

         (d)      Whether or not,  during the last five  years,  such person has
                  been  convicted in a criminal  proceeding  (excluding  traffic
                  violations  or  similar  misdemeanors)  and,  if so,  give the
                  dates,  nature of conviction,  name and location of court, and
                  penalty imposed, or other disposition of the case:

                  During the last five years,  neither Kinross nor its executive
                  officers  or  directors  has  been  convicted  in  a  criminal
                  proceeding    (excluding   traffic   violations   or   similar
                  misdemeanors).

         (e)      Whether or not, during the last five years,  such person was a
                  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;  and,
                  if so,  identify and describe such  proceedings  and summarize
                  the terms of such judgment, decree or final order:


                                       3
<PAGE>

                  Except as set forth below, during the last five years, neither
                  Kinross nor its  executive  officers or  directors  has been a
                  party to a civil  proceeding  of a judicial or  administrative
                  body of competent  jurisdiction,  the result of which has made
                  it once or now  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.

                  Mr. John Ivany,  the Executive  Vice  President of Kinross was
                  the  subject  of   enforcement   proceedings  by  the  Alberta
                  Securities  Commission in Re Cartaway  Resources  Corp. In its
                  order  dated  February  22,  2001,   the  Alberta   Securities
                  Commission found that Mr. Ivany, as Chief Executive Officer of
                  Cartaway  Resources Corp., had allowed the issuance of a press
                  release which contained a material  factual error in violation
                  of the  securities  laws  of the  Province  of  Alberta.  As a
                  result,  Mr. Ivany was prohibited from acting as a director or
                  officer  of any  junior  issuer for a period of five years and
                  ordered  to pay  costs  in the  amount  of Cdn.  $20,000.  The
                  Alberta Securities  Commission defined a "junior issuer" as an
                  issuer  that has (i)  consolidated  total  assets of less than
                  Cdn.  $10,000,000 as shown in the most recent balance sheet of
                  the  issuer,  (ii)  consolidated  revenue  of less  than  Cdn.
                  $10,000,000   as  shown  in  the  most  recent  annual  income
                  statement of the issuer, or (iii) shareholders' equity of less
                  than  Cdn.  $10,000,000  as shown in the most  recent  balance
                  sheet of the  issuer.  Kinross  is not a junior  issuer  under
                  these guidelines.

         (f)      Citizenship:

                  Kinross is an Ontario corporation.

                  The information required by Item C of the General Instructions
                  relating to the executive officers and directors of Kinross is
                  set forth on Appendix A hereto,  which is incorporated  herein
                  by this reference.

Item 3.           Source and Amount of Funds or Other Consideration

                  Kinross will receive the Common Shares in  satisfaction of the
                  principal  amount  and  interest  due to  Kinross  by Echo Bay
                  pursuant  to certain  capital  securities  of Echo Bay held by
                  Kinross.

Item 4.           Purpose of Transaction

                  On September 5, 2001 Kinross  entered into a Letter  Agreement
                  with Echo Bay with  respect  to  Kinross'  holding of 15.8% of
                  Echo Bay's capital  securities (which are not registered under
                  Section  12 of  the  Securities  and  Exchange  Act  of  1934)
                  outstanding.  Kinross  has  agreed  to  exchange  the Echo Bay
                  capital  securities  owned by Kinross  for  57,126,674  common
                  shares of Echo Bay.  Completion of the  transaction is subject
                  to  certain  conditions  including  (i)  90% of the  remaining
                  capital security  holders must agree,  prior to the mailing of
                  proxy solicitation  materials by Echo Bay to its shareholders,
                  to  exchange  on the same  terms as  Kinross  (ii) Echo  Bay's
                  lenders must consent under their  syndicated bank loans to the
                  exchange,  (iii) the exchange  must be approved by the holders
                  of the  Common  Shares  of Echo  Bay and  (iv)  any  necessary
                  regulatory approvals must be received. Assuming all holders


                                       4
<PAGE>

                  of Echo Bay capital  securities  elect to exchange  and all of
                  the foregoing  conditions are met,  Kinross would own 11.4% of
                  the common shares of Echo Bay. The capital  securities of Echo
                  Bay have been held by Kinross as a long-term investment.  Upon
                  the closing of the proposed transaction, Kinross will continue
                  to  carry  the  common  shares  of  Echo  Bay  as a  long-term
                  investment.

Item 5.           Interest in Securities of the Issuer

                  (a) and (b) Kinross  will have the sole power to vote,  direct
                  the vote,  dispose and direct the  disposition  of  57,126,674
                  Common Shares,  which will represent  11.4% of the outstanding
                  Common Shares.

                  (c)      See Item 4 above.

                  (d) No other  person is known to have the right to  receive or
                  the power to direct the  receipt  of  dividends  from,  or the
                  proceeds from the sale of, the Common Shares to be acquired by
                  Kinross.

                  (e)      Not applicable.

Item 6.           Contracts, Arrangements,  Understandings or Relationships with
                  Respect to Securities of the Issuer

                  Other  than  as set  forth  herein,  there  are no  contracts,
                  arrangements,   understandings  or  relationships   (legal  or
                  otherwise)  between the persons  named in Item 2 and any other
                  person with respect to any  securities of Echo Bay,  including
                  but  not   limited  to  transfer  or  voting  of  any  of  the
                  securities,  finders' fees,  joint  ventures,  loans or option
                  arrangements,  puts or calls, guarantees of profits,  division
                  of profits or loss, or the giving or  withholding  of proxies.
                  No   securities   are  pledged  or  otherwise   subject  to  a
                  contingency, the occurrence of which would give another person
                  voting power or investment power over such securities.

Item 7.           Material to Be Filed as Exhibits

                  Exhibit                                     Description

                  A                                           Letter Agreement


                                       5
<PAGE>

                                    SIGNATURE

         After reasonable  inquiry and to the best of my knowledge and belief, I
certify that the information  set forth in this statement is true,  complete and
correct.

                                             KINROSS GOLD CORPORATION


 September 13, 2001                          By: /s/ SHELLEY M. RILEY
-------------------                          ------------------------
Date                                                 Shelley M. Riley, Secretary


                                       6
<PAGE>

                                  EXHIBIT INDEX

Exhibit                                     Description
------                                      ----------------
A                                           Letter Agreement


                                       7
<PAGE>

                                   APPENDIX A

                       EXECUTIVE OFFICERS AND DIRECTORS OF
                            KINROSS GOLD CORPORATION


Name/Title                 Business Address               Citizenship
----------                 ----------------               -----------
John A. Brough             Wittington Properties Ltd.        Canada
Director                   22 St. Clair Avenue E.,
                           Suite 500
                           Toronto, Ontario M4T 2S3

Robert M. Buchan           Scotia Plaza, Suite 5200          Canada
Chairman of the Board and  40 King Street West
Chief Executive Officer    Toronto, Ontario M5H 3Y2

Arthur H. Ditto            Scotia Plaza, Suite 5200          Canada
President and Chief        40 King Street West
Operating Officer          Toronto, Ontario M5H 3Y2

Bruce E. Grewcock          Peter Kiewit Sons, Inc.            U.S.
Director                   1000 Kiewit Plaza
                           Omaha, NE 68131

John M. H. Huxley          Algonquin Power System            Canada
Director                   Inc.
                           Unit 210
                           2085 Hurontario Street
                           Mississauga, Ontario
                           L5A 4G1

Cameron A. Mingay          Scotia Plaza, Suite 2100          Canada
Director                   40 King Street West
                           Toronto, Ontario M5H 3Y2

John E. Oliver             The Bank of Nova Scotia           Canada
Director                   Suite 2100
                           580 California Street
                           San Francisco, CA 94104

John W. Ivany              Scotia Plaza, Suite 5200          Canada
Executive Vice President   40 King Street West
                           Toronto, Ontario M5H 3Y2


                                       8
<PAGE>

Name/Title                 Business Address               Citizenship
----------                 ----------------               -----------
Brian W. Penny             Scotia Plaza, Suite 5200          Canada
Vice President,Finance and 40 King Street West
Chief Financial Officer    Toronto, Ontario M5H 3Y2

Scott A. Caldwell          Scotia Plaza, Suite 5200           U.S.
Senior Vice President,     40 King Street West
Mining Operations          Toronto, Ontario M5H 3Y2

Richard A. Dye             185 South State Street,            U.S.
Vice President, Technical  Suite 820
Services                   Salt Lake City, UT 84111

Jerry W. Danni             185 South State Street,            U.S.
Vice President,            Suite 820
Environmental Affairs      Salt Lake City, UT 84111

Christopher T. Hill        Scotia Plaza, Suite 5200          Canada
Vice President, Treasurer  40 King Street West
                           Toronto, Ontario M5H 3Y2

Gordon A. McCreary         Scotia Plaza, Suite 5200          Canada
Vice President, Investor   40 King Street West
Relations                  Toronto, Ontario M5H 3Y2

Robert W. Schafer          Scotia Plaza, Suite 5200           U.S.
Vice President,Exploration 40 King Street West
                           Toronto, Ontario M5H 3Y2

Allan D. Schoening         Scotia Plaza, Suite 5200          Canada
Vice President, Human      40 King Street West
Resources                  Toronto, Ontario M5H 3Y2

Shelley M. Riley           Scotia Plaza, Suite 5200          Canada
Corporate Secretary        40 King Street West
                           Toronto, Ontario M5H 3Y2


                                       9
<PAGE>

                                    EXHIBIT A


ECHO BAY MINES LTD.
1210 Manulife Place
10180 - 101 Street
Edmonton, Alberta T5J 3S4

                                                     September 5, 2001

Kinross Gold Corporation
57th floor, Scotia Place
40 King Street West
Toronto, Ontario M5H 3Y2

Attention: Robert M. Buchan

Dear Sir:

This confirms the agreement we have reached  regarding the investment by Kinross
Gold Corporation ("Kinross") in the capital securities (the "Securities") issued
by Echo Bay Mines Ltd.  ("EB")  pursuant to that certain  indenture  dated as of
March 27, 1997 between EB and Bankers Trust Company,  as amended or supplemented
from time to time (the  "Indenture").  Each of  Kinross  and EB  represents  and
warrants to the other that it has obtained any necessary  approvals  required of
its  respective  board of directors for the entering into of this  agreement and
consummation of the  transactions  contemplated  hereby.  Subject to the further
provisions  herein  contained,  this letter shall constitute a binding agreement
(the/this "Agreement") enforceable in accordance with its terms.

EB  covenants  with Kinross that it will as soon as  practicable  following  the
entering into of this Agreement prepare and file with the securities  regulatory
authorities  in Canada and the United States such  documents as are necessary to
allow  EB to  offer  to  holders  of  the  Securities  other  than  Kinross  and
Franco-Nevada  Mining  Corporation  Limited  ("FN") the right to exchange  their
Securities  for common  shares (the  "Shares")  in the share  capital of EB (the
"Exchange Right"),  on a basis whereby, if all holders of the Securities were to
exercise  their  Exchange  Right,  Shares would be issued by EB and the ratio of
ownership in EB would become 72:28 as to all present  holders of the  Securities
and the present holders of the Shares  respectively.  Kinross represents that it
beneficially owns $15.8 million in principal amount of the Securities and agrees
to  exchange  all,  and not less than all,  of the  Securities  it owns,  or may
hereafter acquire, forthwith following the Exchange Right becoming effective, on
the same 72:28  ratio as applies in  respect  of the  Exchange  Right,  upon and
subject to the preconditions set out below. In result,  following exchange,  and
assuming no further  acquisitions of Securities,  Kinross will own approximately
57.1 million Shares. Notwithstanding the foregoing, at any time prior to Closing
(as  hereinafter  defined),  Kinross may sell a portion of the Securities it now
owns or  hereafter  acquires  to a  non-affiliated  party such that  immediately
following  Closing,  Kinross  would own less than the  approximate  57.1 million
Shares it would acquire  pursuant to this Agreement.  Kinross  agrees,  however,
that  the  buyer of the  Securities  so sold by  Kinross  will be  obligated  to
exchange such Securities for Shares at Closing.


                                       10
<PAGE>

The following  preconditions  are included in this  Agreement  expressly for the
benefit of Kinross  and may be waived,  in whole or in part,  by Kinross  giving
notice to EB:

1. Contemporaneously with this Agreement,  EB shall enter into an agreement with
FN by which FN will agree with EB to exchange all of the  Securities  held by FN
into Shares of EB on the same terms as Kinross.

2. BMO Nesbitt Burns will have prepared and delivered a fairness  opinion to the
independent  committee  and  board  of  directors  of EB which  opinion  will be
available to append to the proxy material to be sent to shareholders  and to any
registration  statement  or  other  material  to be filed  with  the  applicable
regulatory  authorities to register or otherwise qualify the Shares to be issued
to the holders of the Securities.

3. The  syndicate of banks who have lent to Echo Bay Inc. as Borrower and EB and
certain of its  subsidiaries as Guarantors with the Bank of Nova Scotia as Agent
under the terms of the Second  Amended and Restated Gold Bullion Loan  Agreement
dated  February  11,  1999 (the "Loan  Agreement")  must have  consented  to the
exchange of the  Securities  on the basis of the Exchange  Right set out in this
Agreement  and  agreed to waive the  right to  demand  repayment  under the Loan
Agreement  in the  context of a change of control to the  satisfaction  of FN no
later than 20 days before the date fixed for the meeting of  shareholders  of EB
to approve the steps required to accomplish this transaction.

4. EB agrees to conduct  its  business in the  ordinary  course and abide by the
positive and negative  covenants in the Loan Agreement in the period between the
date of this Agreement and the Closing (as hereinafter defined).

5. The Shares issued to holders of the Securities shall be qualified for listing
and trading on the applicable  securities  exchanges and registered or qualified
for distribution pursuant to applicable securities laws and regulations.

Kinross and EB recognize that the transaction contemplated by this Agreement and
the  issuance  of the  Shares are  subject  to  obtaining  the  approval  of the
shareholders  of  EB  and  the  applicable  regulatory  authorities.   The  term
"approval"  includes approval,  consent or the failure to object. The expression
"applicable regulatory authorities" includes, without limitation, any securities
exchanges on which the common shares of EB are listed; the government  authority
having jurisdiction under the Competition Act and the Hart-Scott-Rodino Act; and
the Court of Queen's Bench (Alberta), should any order of that court be required
as to the conduct by EB of any  business at the  meeting of  shareholders  to be
called in respect of the transaction contemplated hereby and the issuance of the
Shares.  EB represents and warrants that it will recommend the  transaction  and
issuance of the Shares for approval by  shareholders  and use its best  business
efforts to secure such  approval on a timely  basis.  The  Exchange  Right shall
become  effective on the business day  following the date on which all necessary
approvals  are  obtained  and  shall  remain  effective  for  20  business  days
thereafter, unless extended by EB with the consent of Kinross.

The Shares  issuable on exercise of the  Exchange  Right shall be issued  within
five business days of the  expiration  of the Exchange  Right.  The issue of the
Shares is referred to herein as the Closing.  The Closing  shall occur  December
31,  2001  or on such  earlier  or  later  date as the  parties  may  determine;
provided, however, that if the Closing date has not occurred by March 31, 2002,


                                       11
<PAGE>

this  Agreement  may be  terminated  by the party not causing the delay.  At the
Closing,  EB shall deliver  certificates  representing the Shares to Kinross and
the Securities held by Kinross shall be cancelled.  Similarly,  EB shall deliver
certificates  representing  the Shares to those holders of the  Securities  that
exercise their  Exchange  Right and the Securities  held by such holder shall be
cancelled.  EB shall use its best  business  efforts  to ensure  that all Shares
issued to holders of the  Securities  are listed for  trading on the  applicable
securities  exchanges and registered or qualified for  distribution  pursuant to
applicable  securities laws and  regulations.  EB expressly  acknowledges  that,
prior to being able to  complete  an  exchange  of  Securities  for Shares  with
Kinross  and FN, it is required to file and cause a  registration  statement  on
Form S-3 to become  effective  and to make such  filings as are  required  under
applicable  Canadian  securities  legislation  to cause the  Shares to be freely
tradeable  and not  subject  to resale  restrictions  in the  United  States and
Canada.  EB undertakes to complete the foregoing  steps in addition to complying
with all other regulatory requirements applicable to this Agreement.

Between the date hereof and the Closing,  Kinross and EB undertake  and agree to
take such steps and do such things as may be  necessary or  appropriate  to give
full  effect to this  Agreement  and the  transaction  contemplated  hereby.  In
addition,  the  parties  agree  to  execute  such  further  documents  as may be
necessary or  appropriate  in the  circumstances  to give effect to the terms of
this Agreement,  and to include any matters  contemplated  hereby and such other
matters  as may be deemed  appropriate  by  Kinross  and EB.  Specifically,  but
without  limitation,  the parties  recognize that it will likely be desirable to
recommend to shareholders  that the Shares be consolidated on a minimum basis of
one new  share for each five  Shares  currently  held.  Market  conditions  will
dictate the timing of any such  recommendation  and the parties will communicate
with each other, all with a view to reaching the most appropriate decision as to
consolidation of the Shares.

The  parties  specifically  acknowledge  that  EB is  required  to  make  timely
disclosure of this  Agreement  and the  transaction  contemplated  hereby and EB
undertakes to review with Kinross any press  releases it wishes to make prior to
their public dissemination.

If this Agreement  reflects the  understandings we have reached,  please execute
the duplicate original provided and return it to us.

Yours truly,


By: /s/ Robert L. Leclerc
-------------------------
        Robert L. Leclerc
        Chairman and Chief Executive Officer


Accepted and agreed:

Kinross Gold Corporation


By: /s/ Robert M. Buchan
------------------------
        Robert M. Buchan


                                       12
<PAGE>

</TEXT>
</DOCUMENT>
