Conflict Minerals

At Kinross, we believe that responsible mining and related activities can play an important role in achieving sustainable development and alleviating poverty in developing countries. In advancing these goals, we do not condone, support or in any other way accept the use of gold mining to support conflict.

We have programs and procedures in place that underline our position, clearly communicate it to our employees, suppliers and the public, and provide appropriate due diligence at our mines:

  • As a signatory to the UN Global Compact, we support best practices in the areas of human rights, labour, and anti-corruption; 
  • Kinross endorses the Principles and Criteria of the EITI. Our operations in Ghana and Mauritania each report into the EITI reporting systems in those countries, which have been determined by EITI to be fully compliant with the Principles and Criteria; 
  • We have aligned our Company with the objectives of the Voluntary Principles on Security and Human Rights through the implementation of a Human Rights Adherence and Verification Program;
  • We have set out our expectations for supplier conduct with respect to labour, human rights and anti-corruption through the introduction of our Supplier Standards of Conduct; 
  • We operate an Enterprise Risk Management program that is embedded in planning and performance at each stage of a mine life cycle, with oversight of the principal risks affecting Kinross’ business by the Board’s Audit and Risk Committee; and, 
  • We provide grievance mechanisms for any stakeholders to raise concerns about the mines’ activities.

Since 2010, Kinross has been a member of the World Gold Council’s Responsible Gold Steering Committee, which has developed, with input from a wide range of international stakeholders, a Conflict-Free Gold Standard. Comprehensive stakeholder consultation on an Exposure Draft was concluded at the end of June 2012. The Council expects to finalize the standard before year-end 2012. For more information, visit www.gold.org.

Under the proposed standard, operators will need to provide third-party assurance that they have implemented the Conflict-Free Gold Standard at any operations located in conflict zones (as defined by the Heidleberg Institute’s annual Conflict Barometer). Kinross operates in two countries that are listed in the 2011 Conflict Barometer as having areas that are currently experiencing "limited war".

Dagestan, in the Caucuses region of Russia, is listed by Heidleberg as an area of "limited war". Our Kupol operations in Chukotka, and the Kolyma Refinery where doré is processed into bullion, are several thousand kilometres away from Dagestan and are in no way associated with, or affected by, that conflict.

In Mauritania, the Heidleberg Barometer as of 2011 shows the Hodh Ech Chargui region as an area of “limited war.” Tasiast is well outside of this region, as well as the areas of heightened risk currently defined by the French Foreign Minister and risk assessment specialists. The International Institute for Strategic Studies maintains a database of armed conflict, which Kinross monitors to provide an up-to-date, detailed status of the situation.

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