SUMMARY AUDIT REPORT for the August 2016 International Cyanide Management Code Recertification Audit Prepared for: Chukotka Mining and Geological Company Kinross Gold Corporation/ Kupol Project Submitted to: International Cyanide Management Institute 1400 I Street, NW, Suite 550 Washington, DC 20005, USA FINAL 26 April 2017 Ramboll Environ 605 1st Avenue, Suite 300 Seattle, Washington 98104 www.ramboll.com SUMMARY AUDIT REPORT Name of Mine: Kupol Mine Name of Mine Owner: Kinross Gold Corporation Name of Mine Operator: CJSC Chukotka Mining and Geological Company Name of Responsible Manager: Dave Neuburger, General Manager Address: CJSC Chukotka Mining and Geological Company Legal Address: Rultyegina Street, 2B Anadyr, Chukotka Autonomous Region Russia, 689000 Postal Address: 23 Parkovaya Street Magadan, Russia, 685000 Telephone: +7 (4132) 22-15-04 Fax: +7 (4132) 64-37-37 E-mail:
[email protected] Location details and description of operation: The Kupol Mine is located in a remote north-central area of the Chukotka Autonomous Okrug (AO), Russian Federation. Majority ownership of the mine was acquired by Kinross Gold Corporation (Kinross) in 2008, and has been 100% owned since 2011. The mine is operated by a wholly-owned subsidiary, CJSC Chukotka Mining and Geological Company (CMGC). The Kupol deposit is presently mined using underground methods. Another underground operation has been developed at Dvoinoye, a site 100 km due north of Kupol. No separate milling or leaching operations are presently undertaken at Dvoinoye, and ore from this operation is being processed in the Kupol mill. In 2015, combined gold production from both mines was 758 563 ounces. The Kupol and Dvoinoye mine locations are shown in Figure 1.