Kinross's Kupol operation in Russia
2003:
Kinross closes three-way merger with TVX Gold Inc. and Echo Bay Mines Ltd., giving it mines in Russia, Brazil, Chile and the western United States and Canada.
2004:
Kinross buys rest of Paracatu Mine in Brazil from Rio Tinto for 100-per-cent stake
2005:
February: Kinross announces a review of its financial statements that would focus on goodwill related to the three-way merger in 2003.
March: Tye Burt appointed Kinross president and CEO
June: Kinross decides to stay with Russian investment saying: "We like Russia, we understand the business environment and Kinross has a long-term track record there."
October: Kinross releases preliminary financial reports after a lengthy accounting review that has weighed on its shares. Mr. Burt describes 2005 as "the year of scrubbing down our operations."
2006:
June: sells Zimbabwe-based Blanket Mine to Caledonia Mining, exiting Africa
August: closes deal to buy Crown Resources Corp. which includes Buckhorn gold deposit located near its Kettle River mine in Washington state
Novermber: launches friendly $3.2-billion (U.S.) takeover bid for Bema Gold Corp., which includes the major Kupol project in Russia and Bema's 49-per-cent stake in the Cerro Casale project in Chile
2007:
September: In an asset swap deal with Goldcorp Inc., Kinross sells its 32 per cent interest in the Musselwhite project in northwestern Ontario and its 49 per cent interest in the Porcupine joint venture located in Timmins. In exchange, Kinross takes control of the La Coipa mine in Northern Chile, receiving Goldcorp's 50 per cent stake as well as a cash payment of $200-million (U.S.)
2008:
Kinross Opens three mines; Kupol in Russia, Paracatu mine in Brazil and Buckhorn mine in Washington state.
July : Kinross makes $1.2 billion bid for Aurelian Resources, including Fruta del Norte discovery in south-eastern Ecuador.
November: Kinross pays $250-million (U.S.) to buy Minera Santa Rosa SCM, owner of the Lobo-Marte gold project in northern Chile, from Teck Cominco Ltd. and Anglo American PLC. Lobo-Marte is about midway between two Kinross mines, Maricunga and La Coipa
2009:
March: Kinross buys a stake in struggling Harry Winston Diamond Corp. and the Diavik diamond mine in the Northwest Territories in a deal valued at $150-million (U.S.).
2010:
January: Kinross announces $368-million (U.S.) deal to buy the Dvoinoye deposit and the Vodorazdelnaya property in Russia, near its Kupol mine
February: Kinross sells 25 per cent of its 50-per-cent stake in B the Cerro Casale gold and copper project in Chile to Barrick Gold Corp. as part of a $475-million (U.S.) deal. Barrick will have 75 per cent, Kinross 25 per cent
March: Kinross takes over Underworld Resources in deal valued at $137.5-million to receive full control of the White Gold project in the Yukon, marking a return to Canada after a two-year absence.
May: Kinross buys 9.4 per cent stake in African-focused Red Back Mining Inc. for $600-million
July: Kinross sells stake in the Diavik diamond mine and reduces its equity interest in the operation's part-owner, Harry Winston Diamond Corp., after a near tripling of its initial investment within 16 months.
Aug. 2: Kinross announces bid to buy the shares of Red Backit doesn't already own in a share-swap deal valued at $7.1-billion (U.S.) With Red Back, Kinross's annual gold production is slated to reach 3.9 million ounces by 2015, up from and expected 2.2 million ounces in 2010.