PRICEWATERHOUSECOOPERS

                                                ZAO PricewaterhouseCoopers Audit
                                                Kosmodamianskaya Nab. 52, Bld. 5
                                                113054 Moscow
                                                Russia
                                                Telephone +7 (095) 967 6000
                                                Facsimile +7 (095) 967 6001

                       CONSENT OF INDEPENDENT ACCOUNTANTS

We hereby consent to the incorporation by reference in the Registration
Statements on Form S-8 (Nos. 33-53665 and 33-54553) of Kinam Gold Inc. (formerly
Amax Gold Inc.) of our report dated February 28, 2002 relating to the financial
statements of Omolon Gold Mining Company, which appears in the Annual Report of
Kinam Gold Inc. on Form 10-K.


/s/  PricewaterhouseCoopers

Moscow, Russia
March 25, 2002

The firm is an authorized licensee of the tradename and logo of
PricewaterhouseCoopers.