Kinross Announces New CFO
Toronto, Ontario - Kinross Gold Corporation (TSX-K; NYSE-KGC) ("Kinross" or the "Company") announces the appointment of Lars-Eric Johansson as Executive Vice President and Chief Financial Officer of Kinross effective June 1, 2004.
Mr. Johansson was formerly Executive Vice President and Chief
Financial Officer of Noranda Inc. of Toronto. Prior to Noranda, he
was Senior Vice President and Chief Financial Officer with
Falconbridge, and he has over thirty years experience in the
natural resource sector. Mr. Johansson holds a Masters of Business
Administration Degree from the Gothenburn School of Economics,
Gothenburn Sweden, with specialties in Accounting and Finance.
This appointment follows the resignation of Brian Penny who was
Vice President Finance and Chief Financial Officer. Brian is
leaving for personal reasons, and we wish him well in all his
future endeavours. During Brian's eleven years with Kinross, the
Company has grown from a production profile of 25,000 ounces of
gold annually, to over 1.6 million ounces of gold produced in 2003.
With thirteen producing properties and a large pipeline of projects
under development, Kinross is now one of the largest gold producers
in the world.