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Kinross to announce 2016 Q4/full-year results and 2017 guidance

Financials

Kinross Gold Corporation

25 York Street, 17th Floor

Toronto, ON Canada M5J 2V5

www.kinross.com

NEWS RELEASE

Kinross to announce 2016 Q4/full-year results and 2017 guidance

on February 15, 2017

Company provides 2017 quarterly reporting schedule

Toronto, Ontario – January 9, 2017 – Kinross Gold Corporation (TSX: K; NYSE: KGC) will rel ease its fourth

quarter and 2016 full-year financial statements and operating results on Wednesday, February 15, 2017, after

market close. The Company will also provide its full -year 2017 guidanc e, mineral reserve and mineral resource

statement as of December 31, 2016 , and an exploration update. Kinross will hold a conference call and audio

webcast on Thursday, February 16, 2017 at 8 a.m. ET to present the results, followed by a question -and-answer

session.

Kinross' quarterly reporting schedule for the remainder of 2017 will be as follows:

 Q1 2017 – Tuesday, May 2, 2017; financial statements and operating results will be released after market

close. A conference call and audio webcast will be held on Wednesday, May 3, 2017 at 7:45 a.m. ET.

 Annual Meeting of Shareholders – Wednesday, May 3, 2017 ; the meeting will be held at 10 a.m. ET at

the Glenn Gould Studio, 250 Front Street West, Toronto, Ontario, Canada.

 Q2 2017 – Wednesday, August 2 , 2017; financial statements and operating results will be released after

market close. A conference call and audio webcast will be held on Thursday, August 3, 2017 at 8 a.m. ET.

 Q3 2017 – Wednesday, November 8, 2017; financial statements and operating results will be released after

market close. A conference call and audio webcast w ill be held on Thursday, November 9, 2017 at 8 a.m.

ET.

About Kinross Gold Corporation

Kinross is a Canadian -based senior gold mining company with mines and projects in the United States, Brazil,

Russia, Mauritania, Chile and Ghana. Our focus is on delivering value based on the core principles of operational

excellence, balance sheet strength, disciplined growth and responsible mining. K inross maintains listings on the

Toronto Stock Exchange (symbol: K) and the New York Stock Exchange (symbol: KGC).

Media Contact

Louie Diaz

Director, Corporate Communications

phone: 416-369-6469

[email protected]

Investor Relations Contact

Tom Elliott

Senior Vice-President, Investor Relations and Corporate Development

phone: 416-365-3390

[email protected]

Kinross Gold Corporation

25 York Street 17th Floor

Toronto, ON, Canada M5J 2V5

p. 2 Kinross to announce 2016 Q4/full-year results and 2017 guidance on February 15, 2017 www.kinross.com

Cautionary statement on forward-looking information

All statements, other than statements of historical fact, contained in this news release constitute “forward -looking information” or “forward -looking

statements” within the meaning of certain securities laws, including the provisions of the Securities Act (Ontario) and the provisions for “safe harbor” under

the United States Private Securities Litigation Reform Act of 1995, and are based on expectations, assumptions, estimates and projections as of the date

of this news release. The word “schedule” and or statements that certain actions, events or results may, could, should or wil l occur, and variations of

similar or similar such words, phrases expressions, identify forward-looking statements. Forward-looking statements are necessarily based upon a number

of expectations, assumptions, estimates and projections that, while considered reasonable by Kinross as of the date of such s tatements, are inherently

subject to business uncertainties and contingencies, which can affect, and could cause, actual actions, events or results to differ from those expressed or

implied in any forward looking statements made herein. There can be no assurance that forward looking statements will prove to be accurate, as actual

and future actions, events or results could differ from those anticipated in such statements. All of the forward looking statements made in this news release

are qualified by these cautionary statements, which are not intended to represent a complete list of such factors. Kinross disclaims any intention or

obligation to update or revise any forward-looking statements, except to the extent required by applicable law.

Other information

Where we say “we”, “us”, “our”, the “Company”, or “Kinross” in this news release, we mean Kinross Gold Corporation and/or one or more or all of its

subsidiaries, as may be applicable.