RE: Fund III LP has acquired 7,857,700 shs.TORONTO--(BUSINESS WIRE)--Aug. 25, 2004--Kinross Gold Corporation (NYSE:KGC) (TSX:K) ("Kinross") announced that it has acquired 253,100 common shares of Cumberland Resources Ltd. (TSX-CLG, "Cumberland") through the facilities of the Toronto Stock Exchange. As a result of this transaction, Kinross has ownership of an aggregate of 6,930,300 common shares of Cumberland representing 12.74% of the issued and outstanding shares of Cumberland.