Anatolia Minerals Development Ltd fka ANO.U

[Ed Monton]

Kinross Increases Position in Anatolia

TORONTO, ONTARIO--(CCNMatthews - Jul 14, 2004) - Kinross Gold
Corporation (TSX-K; NYSE-KGC) ("Kinross") announced that it has
acquired 1,195,900 common shares of Anatolia Minerals Development
Ltd. (TSX-ANO.U) ("Anatolia") through the facilities of the
Toronto Stock Exchange. As a result of this transaction, Kinross
has acquired ownership in an aggregate of 5,195,900 common
shares, or 12.67%, of the issued and outstanding common shares of
Anatolia.

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FOR FURTHER INFORMATION PLEASE CONTACT:
Kinross Gold Corporation
Robert M. Buchan
President and Chief Executive Officer
[phone]
or
Kinross Gold Corporation
Christopher T. Hill
Vice President, Investor Relations
[phone]
or
Kinross Gold Corporation
Tracey M. Thom
Manager, Investor Relations
[phone]
[phone] (FAX)
[e-mail]