Milton Ward

MILTON WARD was appointed Chairman, President and CEO of Cyprus Minerals
Company in May, 1992. In November, 1993, Cyprus Minerals merged with
AMAX, Inc. and Mr. Ward became Chairman, President and CEO of the newly
merged company, Cyprus Amax Minerals Company. In June, 1998, he became
Vice Chairman and a member of the Board of Directors of Kinross Gold
Corp. Mr. Ward earned a Bachelor of Science degree in Mining Engineering
and a Master of Science degree in Engineering at the University of
Alabama. He also earned a Master of Business Administration at the
University of New Mexico and a Doctor of Science at Imperial College at
the University of London. Additionally, he was awarded an Honorary
Doctor of Engineering from the Colorado School of Mines. He began his
mining career in 1955 with San Manuel Copper Corp. in Arizona, spending
five years in engineering and supervisory positions. In 1966, Mr. Ward
joined United Nuclear-Homestake Partners for Homestake Mining Company as
general manager. Later, he was appointed Vice President of Operations
for Ranchers Exploration and Development Corporation before joining
Freeport Minerals Company in 1974. When he left Freeport-McMoRan, he was
President and COO and a director, as well as a member of the Office of
the Chairman. Mr. Ward is active in civic and academic affairs and is on
the Executive Board Advisory Council as well as National Executive Vice
President of the Boy Scouts of America. At the Mining Congress in
Washington, D.C., he formerly served as Chairman and Director and is
currently a director of its successor, the National Mining Association.
He received several awards of the American Institute of Mining Engineers
(AIME) and is past president and a member of the executive committee of
the Mining and Metallurgical Society of America. Mr. Ward is a fellow of
the Institute of Mining and Metallurgy and a recipient of its Gold
Medal. Additionally, he is a member of the prestigious National Academy
of Engineers. And, he also serves on the National Research Council’s
Board on Earth Sciences and Resources. He has held directorships and
officer positions in a number of business, civic and educational
organizations such as the International Copper Association, Western
Regional Council, Mineral Information Institute and the Council of the
Americas. Mr. Ward also serves as a director and a life member of the
National Mining Hall of Fame and Museum and is a director of the
Smithsonian Institution’s National Museum of Natural History in
Washington, D.C.