TORONTO, Ontario - Kinross Gold Corporation's (TSX-K; NYSE- KGC) ("Kinross" or the "Company") Board of Directors announce with regret that it has accepted Bob Buchan's resignation from Kinross' Board, effective March 31, 2005. John Oliver, Kinross' Chairman, said today, "Bob has been an integral member of our Board since its inception in May 1993 and his leadership and business expertise were significant contributions to the Company." Mr. Oliver will remain Chairman of the Board and Tye Burt, Kinross' newly appointed President and CEO, has recently been elected to the Board.

Mr. Oliver noted, "the Board would like to thank Bob again for all of his hard work in building and growing the Company to be the major gold mining producer that it is today. Bob's ability to grow the Company through strategic acquisitions and financings has demonstrated his keen business acumen."