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The La Coipa open pit mine is located in the Atacama Region of northern Chile, approximately 1,000 kilometres north of Santiago and 140 kilometres northwest of the community of Copiapó. Kinross acquired ownership interest in La Coipa upon completion of the combination with TVX on January 31, 2003. On December 21, 2007, Kinross purchased the remaining 50% from Goldcorp Inc. and became the operator.

The earliest written information about La Coipa as a precious metal prospect dates back almost a century, when a small underground copper-silver mine was in operation about two kilometres southeast of the present day operations. Regional resources have been sporadically exploited since then, but the La Coipa area itself did not receive any attention from exploration geologists until the late 1970s.

The overall operation consists of six deposits known as Ladera-Farellon, Coipa Norte, Brecha Norte, Can-Can, Chimberos and Puren. The La Coipa mine currently operates four open pits (Ladera Ferellon, Coipa Norte, Brecha Norte and Puren).

Kinross expects to suspend mining of the existing orebody at La Coipa in the second half of 2013. The Company is continuing to assess the remaining mineral reserves and resources and exploration potential at La Coipa, including the future potential of La Coipa Phase 7(Pompeya).

Mineral Reserve and Resource Summary

As at December 31, 2012