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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)
KINROSS GOLD CORPORATION
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(Name of Issuer)
COMMON SHARES
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(Title of Class of Securities)
496902107
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(CUSIP Number)
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PHILIP C. WOLF, SENIOR VICE PRESIDENT, GENERAL COUNSEL AND SECRETARY
CYPRUS AMAX MINERALS COMPANY, 9100 EAST MINERAL CIRCLE
ENGLEWOOD, COLORADO 80112
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(Name, Address and Telephone Number of Person
Authorized
to Receive Notices and Communications)
JUNE 25, 1998
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(Date of Event Which Requires Filing of This
Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box
[ ].
NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7(b) for other
parties to whom copies are to be sent.
(Continued on following pages)
(Page 1 of 10 Pages)
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*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act,
but shall be subject to all other provisions of the Act (however, see the
Notes).
<PAGE>
SCHEDULE 13D
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CUSIP NO. 496902107 PAGE 2 OF 10 PAGES
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CYPRUS AMAX MINERALS COMPANY
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY [ ]
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4 SOURCE OF FUNDS
WC; OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
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6 CITIZENSHIP OR PLACE ORGANIZATION
DELAWARE
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7
SOLE VOTING POWER
54,080,207 (includes 8,775,449 shares issuable upon
exercise of warrants)
NUMBER OF
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8
SHARES SHARED VOTING POWER
43,725,615 (shares held by subsidiaries)
BENEFICIALLY
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9
OWNED BY SOLE DISPOSITIVE POWER
54,080,207 (includes 8,775,449 shares issuable upon
exercise of warrants)
EACH
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10
REPORTING SHARED DISPOSITIVE POWER
43,725,615 (shares held by subsidiaries)
PERSON WITH
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
97,805,822
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
32.4%
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14 TYPE OF REPORTING PERSON
CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13D
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CUSIP NO. 496902107 PAGE 3 OF 10 PAGES
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
AMAX ENERGY INC.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ ]
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3 SEC USE ONLY [ ]
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4 SOURCE OF FUNDS
AF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
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6 CITIZENSHIP OR PLACE ORGANIZATION
DELAWARE
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7
SOLE VOTING POWER
0
NUMBER OF
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8
SHARES SHARED VOTING POWER
25,063,492
BENEFICIALLY
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9
OWNED BY SOLE DISPOSITIVE POWER
0
EACH
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10
REPORTING SHARED DISPOSITIVE POWER
25,063,492
PERSON WITH
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,063,492
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.6%
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14 TYPE OF REPORTING PERSON
CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13D
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CUSIP NO. 496902107 PAGE 4 OF 10 PAGES
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CYPRUS GOLD COMPANY
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY [ ]
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4 SOURCE OF FUNDS
AF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
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6 CITIZENSHIP OR PLACE ORGANIZATION
DELAWARE
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7
SOLE VOTING POWER
0
NUMBER OF
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8
SHARES SHARED VOTING POWER
12,306,150
BENEFICIALLY
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9
OWNED BY SOLE DISPOSITIVE POWER
0
EACH
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10
REPORTING SHARED DISPOSITIVE POWER
12,306,150
PERSON WITH
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
12,306,150
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.2%
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14 TYPE OF REPORTING PERSON
CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13D
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CUSIP NO. 496902107 PAGE 5 OF 10 PAGES
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
MINERA CYPRUS AMAX CHILE LIMITADA
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY [ ]
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4 SOURCE OF FUNDS
AF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
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6 CITIZENSHIP OR PLACE ORGANIZATION
CHILE
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7
SOLE VOTING POWER
0
NUMBER OF
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8
SHARES SHARED VOTING POWER
6,355,973
BENEFICIALLY
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9
OWNED BY SOLE DISPOSITIVE POWER
0
EACH
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10
REPORTING SHARED DISPOSITIVE POWER
6,355,973
PERSON WITH
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,355,973
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.2%
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14 TYPE OF REPORTING PERSON
PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
PAGE 6 OF 10 PAGES
AMENDMENT NO. 1 TO
SCHEDULE 13D
RELATING TO THE COMMON SHARES OF
KINROSS GOLD CORPORATION
Cyprus Amax Minerals Company, a Delaware corporation ("Cyprus
Amax"), Amax Energy Inc., a Delaware corporation ("Amax Energy"), Cyprus Gold
Company, a Delaware corporation ("Cyprus Gold") and Minera Cyprus Amax Chile
Limitada, a Chilean limited partnership ("Minera Cyprus," and, collectively with
Cyprus Amax, Amax Energy and Cyprus Gold, the "Cyprus Entities") hereby file
this Amendment No. 1 (this "Amendment No. 1") to the Statement on Schedule 13D
filed on June 10, 1998 (as amended, the "Schedule 13D") with respect to the
common shares without nominal or par value (the "Kinross Common Stock") of
Kinross Gold Corporation, a corporation organized pursuant to the laws of the
Province of Ontario, Canada (the "Issuer"). Unless otherwise indicated, all
capitalized terms not otherwise defined herein shall have the meanings ascribed
to such terms in the Schedule 13D.
This Amendment No. 1 is being filed to report the actual number of
shares of Kinross Common Stock issuable to Cyprus Amax upon exercise of the
Warrants and to amend Exhibit 99.1 to correct a typographical error in the Joint
Filing Agreement.
Item 3. Source and Amount of Funds or Other Consideration.
Item 3 is hereby amended and supplemented as follows:
The actual number of shares of Kinross Common Stock issuable
upon exercise of the Warrants is 8,775,449 at an exercise price of
$5.9826 per share.
Item 4. Purpose of Transaction.
Item 3 is hereby amended and supplemented as follows:
The Warrants have a three-year term and are exercisable to
purchase 8,775,449 shares of Kinross Common Stock at a per share price
equal to $5.9826.
<PAGE>
PAGE 7 OF 10 PAGES
Item 5. Interest in Securities of the Issuer.
Item 5 is hereby amended and supplemented as follows:
(a) Kinross has informed the Cyprus Entities that
292,757,559 shares of Kinross Common Stock were outstanding as of the close of
business on June 22, 1998.
As of the date of this Statement, the Cyprus Entities beneficially
owned an aggregate of 97,805,822 shares of Kinross Common Stock (approximately
32.4% of the shares of Kinross Common Stock outstanding). On June 25, 1998,
Kinross notified Cyprus Amax that 8,775,449 shares of Kinross Common Stock
are issuable upon the exercise of the Warrants.
Item 7. Material to be Filed as Exhibits.
See Exhibit Index on page 9.
<PAGE>
PAGE 8 OF 10 PAGES
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this Statement is true, complete and
correct.
CYPRUS AMAX MINERALS COMPANY
By: /s/ Philip C. Wolf
Name: Philip C. Wolf
Title: Senior Vice President
AMAX ENERGY INC.
By: /s/ Philip C. Wolf
Name: Philip C. Wolf
Title: Senior Vice President
CYPRUS GOLD COMPANY
By: /s/ Philip C. Wolf
Name: Philip C. Wolf
Title: Senior Vice President
MINERA CYPRUS AMAX CHILE LIMITADA
By: Cyprus Foote Mineral Company, partner
By: /s/ Philip C. Wolf
Name: Philip C. Wolf
Title: Senior Vice President
Date: June 29, 1998
<PAGE>
PAGE 9 OF 10 PAGES
EXHIBIT INDEX
CONSECUTIVELY
EXHIBIT DESCRIPTION NUMBERED PAGES
(99.1) Joint Filing Agreement, dated as of June 10, 1998 10
by and among Cyprus Amax Minerals Company, Amax
Energy Inc., Cyprus Gold Company and Minera
Cyprus Amax Chile Limitada.
PAGE 10 OF 10 PAGES
EXHIBIT 99.1
JOINT FILING AGREEMENT
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In accordance with Rule 13d-1(k) promulgated under the Securities
Exchange Act of 1934, as amended, the undersigned hereby agree to the joint
filing with all other Reporting Persons (as such term is defined in the Schedule
13D referred to below) on behalf of each of them of a statement on Schedule 13D
(including amendments thereto) with respect to the common shares, without
nominal or par value, of Kinross Gold Corporation, a corporation organized
pursuant to the laws of the Province of Ontario, Canada, and that this Agreement
may be included as an Exhibit to such joint filing. This Agreement may be
executed in any number of counterparts, all of which taken together shall
constitute one and the same instrument.
IN WITNESS WHEREOF, the undersigned hereby execute this Agreement as
of the 10th day of June 1998.
CYPRUS AMAX MINERALS COMPANY
By: /s/ Philip C. Wolf
Name: Philip C. Wolf
Title: Senior Vice President
AMAX ENERGY, INC.
By: /s/ Philip C. Wolf
Name: Philip C. Wolf
Title: Senior Vice President
CYPRUS GOLD COMPANY
By: /s/ Philip C. Wolf
Name: Philip C. Wolf
Title: Senior Vice President
MINERA CYPRUS AMAX CHILE LIMITADA
By Cyprus Foote Mineral Company, partner
By: /s/ Philip C. Wolf
Name: Philip C. Wolf
Title: Senior Vice President
