<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>tex99_1-5388.txt
<DESCRIPTION>EX-99.1
<TEXT>
<PAGE>

                                  FORM 51-102F3
                             MATERIAL CHANGE REPORT

ITEM 1.   NAME AND ADDRESS OF COMPANY
          Kinross Gold Corporation ("Kinross" or the "Company"),
          52nd Floor, 40 King St. West,
          Toronto, ON  M5H 3Y2

ITEM 2.   DATE OF MATERIAL CHANGE
          March 16, 2005.

ITEM 3.   NEWS RELEASE
          News release was issued by Kinross in Toronto on March 16, 2005 with
          respect to the material change and filed via SEDAR.

ITEM 4.   SUMMARY OF MATERIAL CHANGE

          Kinross announced that it will not be able to meet the deadline of
          March 31, 2005 for the filing of its 2004 audited financial statements
          and related management discussion and analysis of financial condition.
          In addition, the Company will request from the Canadian securities
          regulators, that a management cease trade order related to the
          Company's securities be imposed against some or all persons who have
          been directors, officers or insiders of the Company, which cease trade
          order would generally not affect the ability of persons who have not
          been directors, officers or insiders of the Company to trade in the
          Company's securities.

ITEM 5.   FULL DESCRIPTION OF MATERIAL CHANGE

          Kinross announced that it will not be able to meet the deadline of
          March 31, 2005 for the filing of its 2004 audited financial statements
          and related management discussion and analysis of financial condition
          ("MD&A").

          As previously announced, Kinross is reviewing its purchase price
          allocation and the goodwill recorded as part of the 2003 business
          combination with TVX Gold Inc. and Echo Bay Mines Ltd. In this
          connection, Kinross retained Standard & Poor's Corporate Value
          Consulting, as independent valuator, to provide the requisite
          valuations. Standard & Poor's has advised Kinross that it expects to
          complete its work shortly and to provide a final report in early
          April.

          Upon receipt of the valuator's final report, management and the
          Company's advisors will conduct a review of the contents of the report
          and determine its impact on the Company's financial statements. This
          will also require the concurrence of the Company's auditors on the
          allocation of the purchase price, the allocation of goodwill,
          impairment testing methodology and the subsequent results of the
          goodwill impairment tests. Once the Company is in a position to
          reflect the appropriate treatment of the goodwill in its financial
          statements, the Company may have to restate its 2003 audited financial
          statements and subsequent interim financial statements, and it will
          release its 2004 audited financial statements and related MD&A.
          Kinross is committed to

                                      -1-
<PAGE>

          publishing its financial statements and related MD&A as soon as
          possible.

          Pending the filing of its financial statements and MD&A, the Company
          intends to satisfy the alternative information guidelines recommended
          by Ontario Securities Commission Policy 57-603 and Canadian Securities
          Administrators Staff Notice 57-301. The Company will request from the
          Canadian securities regulators, that a management cease trade order
          related to the Company's securities be imposed against some or all
          persons who have been directors, officers or insiders of the Company,
          which cease trade order would generally not affect the ability of
          persons who have not been directors, officers or insiders of the
          Company to trade in the Company's securities.

ITEM 6.   RELIANCE ON SUBSECTION 7.1(2) OR (3) OF NATIONAL INSTRUMENT 51-102
          N/A

ITEM 7.   OMITTED INFORMATION
          N/A

ITEM 8.   EXECUTIVE OFFICER
          Ms. Shelley M. Riley
          Corporate Secretary
          Telephone: (416) 365-5198
          Facsimile: (416) 365-0237

ITEM 9.   DATE OF REPORT
          March 21, 2005.

                                           KINROSS GOLD CORPORATION

                                           PER: /s/ Shelley Riley
                                                -----------------------
                                                Shelley Riley
                                                Corporate Secretary



                                      -2-
</TEXT>
</DOCUMENT>
