<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>15
<FILENAME>kin6kex99m.txt
<DESCRIPTION>EXHIBIT 99M
<TEXT>


                                                                     EXHIBIT 99m


                            KINROSS GOLD CORPORATION
                             MATERIAL CHANGE REPORT




Item 1.   Reporting Issuer

The  reporting  issuer  filing  this  material  change  report is  Kinross  Gold
Corporation ("Kinross").

Item 2.   Dates of Material Changes

May 16, 2002

Item 3.   Press Releases

Press  release was issued by Kinross in Toronto on May 16, 2002 with  respect to
the material changes and filed via SEDAR.

Item 4.   Summary of Material Change

On May 16, 2002 Kinross Gold Corporation along with Bema gold Corporation,  each
50% owners of Compania Minera Maricunga,  announced that binding arbitration has
ruled in  favour  of CMM on claims  against  Fluor  Danile  Chile  Ingenieria  y
Construccion  S.A.,  Fluor Daniel  Corporation  and Fluor Daniel Wright Ltd. For
damages  relating  to the  original  construction  of the  Refugio  gold mine in
northern Chile.

Item 5.   Full Description of Material Change

Kinross Gold Corporation (TSX-K;  Amex-KGC) and Bema Gold Corporation  (TSX-BGO;
Amex-BGO),  each 50% owners of Compania Minera Maricunga ("CMM"), are pleased to
announce that binding  arbitration  has ruled in favour of CMM on claims against
Fluor Daniel Chile Ingenieria y Construccion S.A., Fluor Daniel Corporation, and
Fluor  Daniel  Wright  Ltd.  ("Fluor")  for  damages  relating  to the  original
construction  of the Refugio gold mine in northern  Chile.  The  arbitrator  has
concluded  that  Fluor  was  "grossly  negligent"  in  certain  aspects  of  the
construction of the Refugio  facilities and has determined a net award in favour
of CMM for US$20 million plus interest  accumulated  from July 1999. In April of
1999 CMM initiated  formal  arbitration  proceedings,  against Fluor, to recover
costs related to numerous design and construction failures.

Item 6.   Reliance  on  Section  75(3)  of  the  Securities  Act  (Ontario)  and
analogous securities legislation of each of the other provinces of Canada.

N/A

Item 7.   Omitted Information

N/A

Item 8.   Senior Officer

         Ms. Shelley M. Riley
         Corporate Secretary
         Telephone: (416) 365-5198
         Facsimile: (416) 365-0237

Item 9.   Statement of Senior Officer

          The foregoing  accurately  discloses the material  change  referred to
          herein.




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          DATED at Toronto this 17th day of May, 2002.

                                             KINROSS GOLD CORPORATION


                                             PER:   Shelley M. Riley/
                                                    -----------------
                                                    Shelley M. Riley
                                                    Corporate Secretary



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</DOCUMENT>
