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<TYPE>EX-99.1
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<FILENAME>tex99_1-4691.txt
<DESCRIPTION>EX-99.1
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                                                 40 King Street West, 52nd Floor
                                                            Toronto, ON  M5H 3Y2
                                                                 www.kinross.com
                                                               Tel: 416 365 5123
[LOGO] KINROSS                                                 Fax: 416 363 6622
                                                         Toll Free: 866-561-3636
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                                                                   PRESS RELEASE


             KINROSS WILL NOT PROCEED WITH TSOKOL DEPOSIT IN RUSSIA
          DECISION DOES NOT AFFECT CURRENT MINING OPERATIONS IN RUSSIA

JANUARY 25, 2005...TORONTO, ONTARIO - KINROSS GOLD CORPORATION (TSX-K; NYSE-KGC)
("Kinross" or the "Company") informed employees and local government officials
that it would not proceed with the development of the Tsokol vein located near
the Kubaka mill. Tsokol represented roughly 158,000 oz. of proven and probable
reserves in Kinross' December 31, 2003 reserve report. These reserves will be
reclassified as resources in 2004.

Omolon management is currently re-working their mine plans based on this
announcement. Should closure of the Kubaka operation become the best
alternative, this would take place only after completing the mining and milling
of the Birkachan open pit and Central Zone Kubaka underground ore body, and the
milling of the existing Kubaka stockpiles. This would provide feed for the mill
for approximately 12 months. Closure would take place over an additional
12-month period. Development of the Birkachan underground deposit is still being
considered.

Contrary to recent reports in the Russian and Canadian press, the decision
reached was not due to deteriorating relations with the Magadan Administration,
but due to insufficient return on the investment in the Tsokol project. The
decision was influenced, however, by what Kinross perceives to be an
unpredictable tax climate.

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For additional information, e-mail INFO@KINROSS.COM or contact:

CHRISTOPHER T. HILL              TRACEY M. THOM
VICE PRESIDENT                   MANAGER
INVESTOR RELATIONS               INVESTOR RELATIONS
Tel.  (416) 365-7254             Tel. (416) 365-1362



THIS PRESS RELEASE INCLUDES CERTAIN "FORWARD-LOOKING STATEMENTS" WITHIN THE
MEANING OF SECTION 21E OF THE UNITED STATES SECURITIES EXCHANGE ACT OF 1934, AS
AMENDED. ALL STATEMENTS, OTHER THAN STATEMENTS OF HISTORICAL FACT, INCLUDED
HEREIN, INCLUDING WITHOUT LIMITATION, STATEMENTS REGARDING POTENTIAL
MINERALIZATION AND RESERVES, EXPLORATION RESULTS AND FUTURE PLANS AND OBJECTIVES
OF KINROSS GOLD CORPORATION, ARE FORWARD-LOOKING STATEMENTS THAT INVOLVE VARIOUS
RISKS AND UNCERTAINTIES. THERE CAN BE NO ASSURANCE THAT SUCH STATEMENTS WILL
PROVE TO BE ACCURATE AND ACTUAL RESULTS AND FUTURE EVENTS COULD DIFFER
MATERIALLY FROM THOSE ANTICIPATED IN SUCH STATEMENTS. IMPORTANT FACTORS THAT
COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM KINROSS' EXPECTATIONS ARE
DISCLOSED UNDER THE HEADING "RISK FACTORS" AND ELSEWHERE IN KINROSS' DOCUMENTS
FILED FROM TIME TO TIME WITH THE TORONTO STOCK EXCHANGE, THE UNITED STATES
SECURITIES AND EXCHANGE COMMISSION AND OTHER REGULATORY AUTHORITIES.

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