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Unformatted text preview: the Dvoinoye,
Fruta del Norte and the Tasiast expansion projects, being consistent with the Company’s current expectations. Known
and unknown factors could cause actual results to differ materially from those projected in the forward-looking statements.
Such factors include, but are not limited to: fluctuations in the currency markets; fluctuations in the spot and forward price
of gold or certain other commodities (such as diesel fuel and electricity); increases in the discount rates applied to present
value net future cash flows based on country-specific real weighted average cost of capital; declines in the market
valuations of peer group gold producers and the Company, and the resulting impact on market price to net asset value
multiples; changes in interest rates or gold or silver lease rates that could impact the mark-to-market value of outstanding
derivative instruments and ongoing payments/receipts under any interest rate swaps and variable rate debt obligations;
risks arising from holding derivative instruments (such as credit risk, market liquidity risk and mark-to-market risk);
changes in national and local government legislation, taxation (including but not limited to income tax, advance income
tax, stamp tax, withholding tax, capital tax, tariffs, value-added or sales tax, capital outflow tax, capital gains tax, windfall
or windfall profits tax, royalty, excise tax, customs/import or export taxes/duties, asset taxes, asset transfer tax, property
use or other real estate tax, together with any related fine, penalty, surcharge, or interest imposed in connection with such
taxes), controls, policies and regulations; the security of personnel and assets; political or economic developments in
Canada, the United States, Chile, Brazil, Russia, Ecuador, Mauritania, Ghana, or other countries in which Kinross, or
entities in which it now or hereafter directly or indirectly holds an interest, do business or may carry on business; business
opportunities that may be presented to, or pursued by, us; our ability to successfully integrate acquisitions and complete
divestitures; operating or technical difficulties in connection with mining or development activities; employee relations; KINROSS GOLD 2012 ANNUAL REPORT MDA59 commencement of litigation against the Company including, but not limited to, securities class actions in Canada and/or
the United States; the speculative nature of gold exploration and development including, but not limited to, the...
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This document was uploaded on 03/30/2014.
- Spring '14