2007 Full Report - Kinross Gold

In partnership withChile’s National ForestryService, Kinross hasprovided regular financialsupport for conservationin the high Andes.Reclamation at DeLamarIn a historic American mining district in the rugged mountains of southwest Idaho,we are reclaiming the former DeLamar mine site. Mining operations at this site dateback 145 years to 1863, when Placer Gold first started mining there. Kinross operatedthe DeLamar mine between 1993 and 1998. In 1998, Kinross ceased active miningoperations mainly because of dwindling reserves. The DeLamar reclamation projectinvolves dewatering and closing down a 59-hectare tailings dam, resloping andcapping waste rock dumps, capturing and treating water to meet stringent regulatorystandards, and regrading and backfilling open-pit areas. When the plan is substantiallycompleted in 2012, approximately 526 hectares of land will be restored to conditionssuitable for a wide variety of community uses that will benefit local residents.At year-end 2007, the DeLamar closure stands as a model of the Kinross approachto reclamation. In fact, Kinross was recognized for its efforts at DeLamar by theNorthwest Mining Association when it was awarded the Association’s President’sAward for Excellence in Reclamation in 2006.Page 58 Kinross 2007 corporate responsibility reportKinross’ Paracatu mine lies within the Cerrado region of Brazil, which comprises approximately21% of the land area of the country and is the most extensive woodland-savannah inSouth America. The Cerrado is designated a Biodiversity Hotspot by ConservationInternational. Human impacts on the region have come primarily from cattle grazingand mechanized farming. The Paracatu site encompasses 5,362 hectares, of which1,734 hectares are currently disturbed by active mining operations and 218 hectares havebeen set aside as habitat corridors. In 2007, Paracatu acquired and set aside for permanentpreservation approximately 1,300 hectares, for a total preserved land area of 1,518 hectares.For more information on biodiversity at Paracatu, see the case study on page 59.We are unaware of any other areas of high biodiversity value in proximityto Kinross operations.