SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                 SCHEDULE 14D-9
         SOLICITATION/RECOMMENDATION STATEMENT UNDER SECTION 14(D)(4) OF
                       THE SECURITIES EXCHANGE ACT OF 1934

                                KINAM GOLD, INC.
                            (Name of Subject Company)

                                KINAM GOLD, INC.
                        (Name of Person Filing Statement)

      $3.75 SERIES B CONVERTIBLE PREFERRED STOCK, PAR VALUE $1.00 PER SHARE
                         (Title of Class of Securities)

                                    49448220
                      (CUSIP Number of Class of Securities)

                                SHELLEY M. RILEY
                                    Secretary
                            Kinross Gold Corporation
                            52nd Floor, Scotia Plaza
                               40 King Street West
                        Toronto, Ontario, Canada M5H 3Y2
                            Telephone: (416) 365-5123

                     (Name, Address and Telephone Number of
                      Person Authorized to Receive Notices
                       and Communications on Behalf of the
                                 Filing Person)

                                    COPY TO:

                               KEITH L. POPE, ESQ.
                       Parr Waddoups Brown Gee & Loveless
                       185 South State Street, Suite 1300
                         Salt Lake City, Utah 84111-1537
                                 (801) 532-7840

|X| Check the box if the filing relates solely to preliminary communications
made before the commencement of a tender offer.

================================================================================



                                  PRESS RELEASE
                                                                February 4, 2002

Toronto, Ontario - KINAM GOLD INC. ("KINAM"; AMEX-KGC^B) announced today that it
has been informed by KINROSS GOLD CORPORATION ("KINROSS"; TSE-K; AMEX-KGC) that
Kinross is considering a cash tender offer of $16.00 per share for the 894,600
shares of Kinam's $3.75 Series B Convertible Preferred Shares not already owned
by Kinross. Kinross currently owns all of the common shares of Kinam and 945,400
of the 1,840,000 issued and outstanding Kinam preferred shares. Commencement of
the formal tender offer is subject to a number of conditions, including the
completion of a financing by Kinross announced on January 22, 2002, which
Kinross anticipates will be completed by February 12, 2002, and a determination
by the Board of Directors of both Kinross and Kinam that the offer is fair to
the non-affiliated holders of the preferred shares. There can be no assurance
that these conditions will be met or that the tender offer will be made by
Kinross. The formal offer, if made, will be subject to such terms and conditions
as may be set forth in the tender offer documents.

This press release includes certain "Forward-Looking Statements" within the
meaning of section 21E of the United States Securities Exchange Act of 1934, as
amended. Such statements involve various risks and uncertainties, including the
successful completion of the financing; changes in the price of gold; the
absence of material changes in general economic conditions; and the final
determinations of the Boards of both Kinross and Kinam. The occurrence of any
one or more of these risks could cause actual results and future events to
differ materially from those anticipated in the forward-looking statements.

KINROSS HAS NOT MADE A FINAL DETERMINATION TO PROCEED WITH THE TENDER OFFER.
SECURITIES OFFERED IN THE KINROSS FINANCING HAVE NOT AND WILL NOT BE REGISTERED
UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED AND MAY NOT BE SOLD
IN THE UNITED STATES ABSENT REGISTRATION OR AN APPLICABLE EXEMPTION FROM THE
REGISTRATION REQUIREMENTS. HOLDERS OF THE $3.75 SERIES B PREFERRED STOCK ARE
ADVISED TO READ THE TENDER OFFER STATEMENT IF AND WHEN IT BECOMES AVAILABLE
BECAUSE IT WILL CONTAIN IMPORTANT INFORMATION. IF A TENDER OFFER IS COMMENCED BY
KINROSS, INVESTORS WILL BE ABLE TO OBTAIN COPIES OF THE TENDER OFFER STATEMENT
AND OTHER FILED DOCUMENTS FOR FREE AT THE SECURITIES AND EXCHANGE COMMISSION'S
WEBSITE AT WWW.SEC.GOV. HOLDERS OF $3.75 SERIES B PREFERRED STOCK WILL ALSO BE
ABLE TO OBTAIN THE TENDER OFFER STATEMENT, LETTER OF TRANSMITTAL, AND OTHER
OFFERING DOCUMENTS FOR FREE FROM KINROSS AT THE SCOTIA PLAZA, 52nd FLOOR, 40
KING STREET WEST, TORONTO, ONTARIO M5H 3Y2 CANADA, ATTN: SHELLEY RILEY,
TELEPHONE NUMBER (416) 365-5198.

For additional information contact:

Gordon A. McCreary
(416) 365-5132