This Corporate Responsibility report marks the 10th anniversary of our formal CR reporting program,
and it is being published as Kinross celebrates its 25th anniversary. During the past 25
years, we have grown from a small gold producer with annual gold production of 83,000 gold
equivalent ounces to a global senior gold producer with approximately 2.5 million Au eq.
oz. in annual production. We have also evolved our Corporate Responsibility programs during
this time and I am proud of the successes that we have achieved.
J. Paul Rollinson
President and Chief Executive Officer
Our Values
Putting people first
Outstanding corporate citizenship
High performance culture
Rigorous financial discipline
At the heart of our success is our people, and our four core values: Putting People First; High
Performance Culture; Rigorous Financial Discipline; and Outstanding Corporate Citizenship.
These core values provide a common ground for everything we do, and help us harness the breadth
of cultures, traditions and viewpoints of our diverse global workforce.
I’m proud to work for Kinross, and of our accomplishments – not only in terms of our operational
and financial performance, but also in terms of the livelihoods we create and the benefits
we are able to generate in host countries and communities where our operations are located.
It takes a lot of effort and focus to achieve these results, and this report documents in comprehensive
detail our approach and performance on a wide range of material issues, from ethics to supply
chain, to employee engagement and reclamation. In its simplest terms our approach is distilled
into four main areas:
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Being protective of our environment – we have to manage our operations in
a way that protects our workforce, the environment, and our host communities from
negative impacts;
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Making a positive contribution – we go beyond avoiding negative impacts
and also make a positive contribution by creating opportunities for meaningful livelihoods
for our employees, opportunities for our suppliers, and improvements in our communities;
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Acting ethically and transparently – as important as what we do is how we
do it – ethically, with respect for human rights, and in engagement with stakeholders.
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Continuous Improvement – we strive to continuously improve our approach
to corporate responsibility.
Just as we do in other areas of our business, we strive to continuously improve our approach
to corporate responsibility.
Looking back on our performance over the two years, safety, as always, remains our top priority.
While we have achieved some of the lowest injury frequency rates we have ever had as a company,
it was overshadowed by the fatality of one of our employees at our Kupol mine in November
2017. This was the first employee fatality since 2012 at one of our mine sites – and it drives
home the importance of always keeping safety as our first priority. We value the health and
safety of our employees above all other priorities, and, as described in the Health and Safety
section of this report, we are taking steps to leverage the success in reducing injury frequency
rates to prevent serious injuries and fatalities from happening.
In other areas of performance, this report documents a wide range of success stories in all aspects
of our Corporate Responsibility programs. I would highlight a few examples:
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Our partnership at our Mineral Hill reclamation site with Trout Unlimited and the Rocky
Mountain Elk Foundation stands apart as a leading example of Kinross’ commitment
to achieve positive benefits for the environment and local community by protecting
important fish and wildlife habitat near Yellowstone National Park.
Watch the Video
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In Paracatu, we work closely with non-governmental organizations (NGOs) and local farmers
to improve water conservation, delivering cleaner water and greater flow rates, enabling
irrigation and providing more water for local households.
Watch the Video
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In Mauritania, our Tasiast mine is a leading example of how Kinross is contributing positively
to improving well-being and prosperity in host communities through our benefit footprint.
Our studies show significant positive changes in a wide range of key socio-economic
indicators since 2011. To learn more, see
Contributing to Sustainable Development in Rural Mauritania.
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At our operations in Chile and Russia, we work closely with local indigenous communities
to help them advance local priorities to strengthen and preserve indigenous culture.
In Russia, we are supporting programs directed to indigenous youth living in the
far northeast which are opening up new career opportunities and enabling young people
to stay and thrive in the region.
Watch the Video
We also recognize that we face challenges as a normal part of our business, and we are working
to manage them. This includes managing ongoing issues pertaining to water availability in
Brazil and Chile, and stakeholder expectations in Mauritania. We strive to continuously improve
how we address these issues, and we provide comprehensive and transparent information in
how we do this in the body of this report.
We have also made improvements in our Guiding Principles for Corporate Responsibility, updated
our approach for independent review of tailings dam safety, and we have articulated eight
People Commitments to strengthen and evolve our Company's culture.
I am confident that the exceptional people we have at Kinross will continue to achieve strong
results in our Corporate Responsibility programs and that we will continue to manage and
address new issues that will inevitably arise by remaining true to our core values.
As always, I am deeply grateful to the communities where we operate for their continuing co-operation,
partnership and support. I pledge that we will continue to work hard to maintain and earn
the respect and trust of our stakeholders worldwide, and to meet the highest standards of
responsible mining
J. Paul Rollinson
President and Chief Executive Officer