<DOCUMENT>
<TYPE>EX-99.1
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<FILENAME>ex99.txt
<DESCRIPTION>EXHIBIT 99.1
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Exhibit 99.1

                                                              SEPTEMBER 20, 2006


                     KINROSS COMPLETES NEW CREDIT FACILITIES
                             TOTALING US$500 MILLION

TORONTO, ONTARIO - Kinross Gold Corporation (TSX: K, NYSE: KGC) ("Kinross")
announced today that it has entered into a new revolving and term credit
facility with ScotiaCapital and a group of lenders. The US$300 million three
year revolving credit facility will support Kinross' liquidity and letter of
credit needs. The five and a half year US$200 million term loan will support the
previously announced expansion program at the Paracatu mine in Brazil.

Other lenders include Export Development Canada, Societe Generale, Royal Bank of
Canada, and other international financial institutions.

"We are very pleased that our relationship banks have firmly supported the
Paracatu expansion project in providing this new term loan" said Thomas
Boehlert, Kinross' CFO. "The project will begin delivering significant new gold
production in two years".






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CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING STATEMENTS

THIS NEWS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS", WITHIN THE MEANING OF
THE UNITED STATES PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 AND SIMILAR
CANADIAN LEGISLATION, CONCERNING THE BUSINESS, OPERATIONS AND FINANCIAL
PERFORMANCE AND CONDITION OF EACH OF KINROSS AND CROWN. GENERALLY, THESE FORWARD
LOOKING STATEMENTS CAN BE IDENTIFIED BY THE USE OF FORWARD-LOOKING TERMINOLOGY
SUCH AS "PLANS", "EXPECTS" OR "DOES NOT EXPECT", "IS EXPECTED", "BUDGET",
"SCHEDULED", "ESTIMATES", "FORECASTS", "INTENDS", "ANTICIPATES" OR "DOES NOT
ANTICIPATE", OR "BELIEVES", OR VARIATIONS OF SUCH WORDS AND PHRASES OR STATE
THAT CERTAIN ACTIONS, EVENTS OR RESULTS "MAY", "COULD", "WOULD", "MIGHT" OR
"WILL BE TAKEN", "OCCUR" OR "BE ACHIEVED". FORWARD-LOOKING STATEMENTS ARE BASED
ON THE OPINIONS AND ESTIMATES OF MANAGEMENT AS OF THE DATE SUCH STATEMENTS ARE
MADE, AND THEY ARE SUBJECT TO KNOWN AND UNKNOWN RISKS, UNCERTAINTIES AND OTHER
FACTORS THAT MAY CAUSE THE ACTUAL RESULTS, LEVEL OF ACTIVITY, PERFORMANCE OR
ACHIEVEMENTS OF KINROSS AND CROWN TO BE MATERIALLY DIFFERENT FROM THOSE
EXPRESSED OR IMPLIED BY SUCH FORWARD-LOOKING STATEMENTS, INCLUDING BUT NOT
LIMITED TO RISKS RELATED TO: UNEXPECTED VARIATIONS IN ORE GRADE, TONNES MINED,
CRUSHED OR MILLED; DELAY OR FAILURE TO REQUIRED APPROVALS; TIMING AND
AVAILABILITY OF EXTERNAL FINANCING ON ACCEPTABLE TERMS; THE BUSINESSES OF
KINROSS AND CROWN NOT BEING INTEGRATED SUCCESSFULLY OR SUCH INTEGRATION PROVING
MORE DIFFICULT, TIME CONSUMING OR COSTLY THAN EXPECTED; NOT REALIZING ON THE
ANTICIPATED BENEFITS FROM THE KINROSS/CROWN TRANSACTION OR NOT REALIZING ON SUCH
ANTICIPATED BENEFITS WITHIN THE EXPECTED TIME FRAME; RISKS RELATED TO
INTERNATIONAL OPERATIONS; ACTUAL RESULTS OF CURRENT EXPLORATION ACTIVITIES;
ACTUAL RESULTS OF CURRENT RECLAMATION ACTIVITIES; CONCLUSIONS OF ECONOMIC
VALUATIONS; CHANGES IN PROJECT PARAMETERS AS PLANS CONTINUE TO BE REFINED;
FUTURE PRICES OF GOLD AND COMMODITIES; POSSIBLE VARIATIONS IN ORE RESERVES,
GRADE OR RECOVERY RATES; FAILURE OF PLANT, EQUIPMENT OR PROCESSES TO OPERATE AS
ANTICIPATED; ACCIDENTS, LABOUR DISPUTES AND OTHER RISKS OF THE MINING INDUSTRY;
DELAYS IN THE COMPLETION OF DEVELOPMENT ACTIVITIES, AS WELL AS THOSE FACTORS
DISCUSSED IN OR REFERRED TO IN THE "RISK FACTORS" AND ELSEWHERE IN KINROSS'
REGISTRATION STATEMENT ON FORM F-4 AND KINROSS' AND CROWN'S OTHER DOCUMENTS
FILED FROM TIME TO TIME WITH THE UNITED STATES SECURITIES AND EXCHANGE
COMMISSION AND CANADIAN SECURITIES REGULATORY AUTHORITIES. ALTHOUGH MANAGEMENT
OF EACH OF KINROSS AND CROWN HAS ATTEMPTED TO IDENTIFY IMPORTANT FACTORS THAT
COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTAINED IN
FORWARD-LOOKING STATEMENTS, THERE MAY BE OTHER FACTORS THAT CAUSE RESULTS NOT TO
BE AS ANTICIPATED, ESTIMATED OR INTENDED. THERE CAN BE NO ASSURANCE THAT SUCH
STATEMENTS WILL PROVE TO BE ACCURATE, AS ACTUAL RESULTS AND FUTURE EVENTS COULD
DIFFER MATERIALLY FROM THOSE ANTICIPATED IN SUCH STATEMENTS. ACCORDINGLY,
READERS SHOULD NOT PLACE UNDUE RELIANCE ON FORWARD-


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LOOKING STATEMENTS. NEITHER
KINROSS NOR CROWN UNDERTAKES TO UPDATE ANY FORWARD-LOOKING STATEMENTS, EXCEPT IN
ACCORDANCE WITH APPLICABLE SECURITIES LAWS.

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ABOUT KINROSS GOLD CORPORATION

Kinross, a Canadian-based gold mining company, is the fourth largest primary
gold producer in North America and the eighth largest in the world. With eight
mines in Canada, the United States, Brazil and Chile, Kinross employs more than
4,000 people.

Kinross maintains a strong balance sheet and a no gold hedging policy. Kinross
is focused on a strategic objective to maximize net asset value and cash flow
per share through a four-point plan built on growth from core operations;
expanding capacity for the future; attracting and retaining the best people in
the industry; and driving new opportunities through exploration and acquisition.

Kinross maintains listings on the Toronto Stock Exchange (symbol:K) and the New
York Stock Exchange (symbol:KGC).
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For additional information, e-mail INFO@KINROSS.COM or contact:

Investor Relations Contact:                  Media Contact:
TRACEY THOM                                  JAMES TOCCACELLI
Director, Investor Relations &               Senior Vice President,
Corporate Communications                     Communications
(416) 365-1362                               (416) 365-7129
TRACEY.THOM@KINROSS.COM                      JAMES.TOCCACELLI@KINROSS.COM
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