Great Bear Project Advanced Exploration Decline

under construction

The Great Bear project in Ontario is Kinross’s flagship greenfield development, targeting first production in late 2029 subject to permitting. The company submitted the final phase of the federal Impact Statement in Q1 2026, with provincial permitting advancing under the One Project, One Process designation. All permits for the Advanced Exploration program have been received, enabling construction of the underground decline to commence in summer 2026. Detailed engineering for the main project is approximately 45% complete, with initial procurement for the process plant and surface infrastructure progressing.