– Kinross Gold Corporation (TSX: K, NYSE: KGC) announced

today that it has sold its approximate 1.8% equity interest in Osisko Mining Corporation ("Osisko"),

consisting of approximately 6.8 million Osisko common shares, on an underwritten block trade basis, at

a gross price of CDN$14.70 per share.

“The sale of this non-core holding augments Kinross’ already strong financial position and reinforces

our focus on delivering our industry-leading suite of growth projects,” said Kinross President and CEO

Tye Burt. “We are pleased to have benefitted from Osisko’s success, which is a testament to its strong

management and quality projects.”