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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2022

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Significant mining properties and entities of Kinross

​

​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	As at
​	​	​	​	​	​	December 31,	​	December 31,
Entity		Property/ Segment		Location		2022		2021
Subsidiaries:	​	​	​	​	​	​	​	​	​
Continuing Operations:	​	​	​	​	​	​	​	​	​
(Consolidated)	​	​	​	​	​	​	​	​	​
Kinross Brasil Mineração S.A.		Paracatu		Brazil		100	%	100	%
Compania Minera Mantos de Oro		La Coipa(a) and Lobo-Marte/Corporate and Other		Chile		100	%	100	%
Compania Minera Maricunga (“CMM”)		Maricunga / Corporate and Other		Chile		100	%	100	%
Tasiast Mauritanie Ltd. S.A.		Tasiast		Mauritania		100	%	100	%
KG Mining (Bald Mountain) Inc.		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 (“Manh Choh”)	​	Manh Choh / Corporate and Other	​	USA	​	70	%	70	%
Great Bear Resources Ltd. (“Great Bear”)(b)	​	Great Bear	​	Canada	​	100	%	0	%
​	​	​	​	​	​	​	​	​	​
Interest in joint venture:									​
(Equity accounted)									​
Sociedad Contractual Minera Puren		Puren / Corporate and Other		Chile		65	%	65	%
Subsidiaries:	​	​	​	​	​	​	​	​	​
Discontinued Operations(c):	​	​	​	​	​	​	​	​	​
(Consolidated)	​	​	​	​	​	​	​	​	​
Chirano Gold Mines Ltd.	​	Chirano	​	Ghana	​	—	​	90	%
Chukotka Mining and Geological Company	​	Kupol	​	Russian Federation	​	—	​	100	%
Northern Gold LLC	​	Dvoinoye/ Kupol	​	Russian Federation	​	—	​	100	%
Udinsk Gold LLC	​	Chulbatkan / Corporate and Other	​	Russian Federation	​	—	​	100	%

​

(a) La Coipa refers to both the property and the segment.

(b) On February 24, 2022, the Company completed the acquisition of Great Bear. See Note 6i.

(c) On June 15, 2022, the Company announced that it had completed the sale of its Russian operations, which includes the Kupol and Dvoinoye mines and the Udinsk project (see Note 6ii). On August 10, 2022, the Company announced that it had completed the sale of its Chirano mine in Ghana (see Note 6iii).

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