XML 61 R31.htm IDEA: XBRL DOCUMENT v3.22.1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2021

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Significant mining properties and entities of Kinross

​

​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	As at
​	​	​	​	​	​	December 31,	​	December 31,
Entity		Property/ Segment		Location		2021		2020
Subsidiaries:	​	​	​	​	​	​	​	​	​
(Consolidated)	​	​	​	​	​	​	​	​	​
Kinross Brasil Mineração S.A. ("KBM")		Paracatu		Brazil		100	%	100	%
Compania Minera Mantos de Oro ("MDO")		La Coipa and Lobo-Marte / Corporate and Other		Chile		100	%	100	%
Compania Minera Maricunga ("CMM")		Maricunga / Corporate and Other		Chile		100	%	100	%
Chirano Gold Mines Ltd.(a)		Chirano		Ghana		90	%	90	%
Tasiast Mauritanie Ltd. S.A.		Tasiast		Mauritania		100	%	100	%
Chukotka Mining and Geological Company		Kupol		Russian Federation		100	%	100	%
Northern Gold LLC		Dvoinoye/ Kupol		Russian Federation		100	%	100	%
Udinsk Gold LLC(b)		Chulbatkan / Corporate and Other		Russian Federation		100	%	100	%
KG Mining (Bald Mountain) Inc. ("KGBM")		Bald Mountain		USA		100	%	100	%
Fairbanks Gold Mining, Inc.		Fort Knox		USA		100	%	100	%
Round Mountain Gold Corporation  / KG Mining (Round Mountain) Inc.		Round Mountain		USA		100	%	100	%
Echo Bay Minerals Company	​	Kettle River - Buckhorn / Corporate and Other	​	USA	​	100	%	100	%
Peak Gold, LLC(c) ("Manh Choh")	​	Manh Choh / Corporate and Other	​	USA	​	70	%	70	%
​	​	​	​	​	​	​	​	​	​
Interest in joint venture:									​
(Equity accounted)									​
​	​	​	​	​	​	​	​	​	​
Sociedad Contractual Minera Puren		Puren / Corporate and Other		Chile		65	%	65	%

​

(a) The Company holds a 90% interest in Chirano Gold Mines Ltd. with the Government of Ghana having the right to the remaining 10% interest.

(b) On January 16, 2020, the Company acquired the Chulbatkan license, containing the Udinsk project, in Russia. See Note 6i.

(c) On September 30, 2020, the Company acquired a 70% interest in the Manh Choh project in Alaska. See Note 6ii.

X

- Definition

The entire disclosure for interests in other entities.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 12
-IssueDate 2021-01-01
-Paragraph 1
-URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2021-en-r&anchor=para_1&doctype=Standard
-URIDate 2021-03-24

+ Details

Name:	ifrs-full_DisclosureOfInterestsInOtherEntitiesExplanatory
Namespace Prefix:	ifrs-full_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

This concept does not have any references.

+ References

No definition available.

+ Details

Name:	kgc_SummaryOfSignificantAccountingPoliciesAbstract
Namespace Prefix:	kgc_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration