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(625) stories found containing 'Kinross Gold'


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  • Sunset on the horizon over the mountains at White Gold’s project in Yukon.

    White Gold outlines 2023 exploration plans

    A.J. Roan, Mining News|Updated Jun 29, 2023

    White Gold Corp. June 15 outlined its 2023 exploration programs at properties within the company's namesake gold exploration district in Canada's Yukon. "We are excited to kick off our 2023 exploration programs in the White Gold District," said White Gold Vice President of Exploration Terry Brace. The company holds roughly 350,000 hectares (865,000 acres) of highly prospective land or roughly 40% of the White Gold District. Located approximately 95 kilometers (59 miles) south...

  • Underground miners working at the face of the Enserch tunnel at Lucky Shot.

    Contango ORE reports Lucky Shot resource

    Shane Lasley, Mining News|Updated Jun 29, 2023

    With financing in place to fund its 30% share of development expenses at Manh Choh and Kinross Gold Corp. on track to have that eastern Alaska mine pouring its first gold bar next year, Contango ORE Inc. is focused on pushing ahead a second gold-producing asset at the historic Lucky Shot project. Located 112 road miles (180 kilometers) north of Anchorage, Alaska, Lucky Shot encompasses three pre-World War II era underground mines – Colman, Lucky Shot, and War Baby – that pro...

  • Cat dozer and Hitachi excavator work on the Tetlin Road.

    Contango obtains $65M to build Manh Choh

    Shane Lasley, Mining News|Updated Jun 1, 2023

    Contango ORE Inc. May 18 reported that it has secured a loan of up to US$70 million to fund its share of the construction, operation, and other expenses required to achieve the first gold pour at the Manh Choh mine project in Alaska. Being advanced by Peak Gold LLC, a joint venture between Kinross Gold Corp. (70%) and Contango (30%), the Manh Choh Mine is expected to produce roughly 1 million gold-equivalent oz, which includes the value of both the gold and silver, over an...

  • USGS geologist samples a mineralized outcrop on treeless slope in Alaska.

    USGS funds new Earth MRI scans in Alaska

    Shane Lasley, Metal Tech News|Updated Jun 1, 2023

    Home to deposits and prospects enriched with 49 out of the 50 minerals deemed critical to the United States, Alaska is the single best state in the nation to explore for the minerals and metals needed for clean energy, electric vehicles, high-tech devices, and military hardware. To gain a better understanding of the 49th State's critical minerals potential, the U.S. Geological Survey is investing an additional $5.8 million to explore specific regions of the state in 2023....

  • Contango ORE logo with triangle symbol and gold, silver, and copper colors.

    Contango ORE makes Russell 3000 Index

    Shane Lasley, Mining News|Updated Jun 1, 2023

    Contango ORE Inc. May 30 announced that the Alaska-based mineral exploration and mine development company is set to join the broad-market Russell 3000 and Russell Microcap. Founded in 2010 to explore the mineral potential discovered on the Tetlin property by Chairman Brad Juneau while exploring for natural gas in eastern Alaska, Contango ORE is a homegrown mining company that is slated to be a gold producer in 2024 with the completion of the Manh Choh mine that stemmed from Ju... Full story

  • An operator standing at a control panel is dwarfed by the spinning mills.

    Fort Knox off to a good start in 2023

    Shane Lasley, Mining News|Updated May 18, 2023

    Kinross Gold Corp. May 9 reported that its Fort Knox Mine in Alaska produced 65,404 ounces of gold during the first quarter of 2023, which is a 33% drop from the 87,061 oz produced during the previous three-month period but nearly 19% higher than the 54,803 oz produced during the first quarter of 2022. Due to the effects of cold weather on recoveries from the heap leach pad, a drop in gold production during the first quarter is an annual event at Fort Knox. As the weather warm...

  • Geologist stands on a green hill overlooking the breathtaking Yukon scenery.

    Good old rock picking works for White Gold

    A.J. Roan|Updated Apr 26, 2023

    Boots on the ground and soil samples in hand, ground truth exploration is a time-tested method that has led to many of White Gold Corp.'s various discoveries across its more than 1 million acres of prospective land in Yukon's prolific White Gold District, and 2022 exploration was no different. With exploration across more than a dozen properties, targets, zones, or areas, there is a lot of ground to cover, and each program seems to unearth more and more for this Yukon gold...

  • Heap leach solution pipes and ore being stacked on a snow-covered pad at Eagle.

    Strong 2023 start for Eagle Gold Mine

    Shane Lasley, Mining News|Updated Apr 13, 2023

    Victoria Gold Corp. April 5 announced that it produced 37,619 ounces of gold during the first quarter of 2023 operations at its Eagle Mine in the Yukon, a nearly 55% increase over the 24,358 oz produced during the first three months of last year. "This was the best Q1 performance for the Eagle Gold Mine since operations commenced with strong gold production and ore tonnage stacked on the heap leach pad," said Victoria Gold President and CEO John McConnell. Since pouring the...

  • Articulating trucks, dozer, and compactor upgrade road during fall in Alaska.

    Contango reaches $70M finance agreement

    Shane Lasley, Mining News|Updated Apr 8, 2023

    Contango ORE Inc. March 20 announced that it has entered into an agreement with two financial institutions to arrange a US$70 million loan to help fund the company's portion of expenses to reach the first gold pour at the Manh Choh Mine project in Alaska. Being advanced by Peak Gold Joint Venture, owned 70% by Kinross Gold Corp. and 30% by Contango, the Manh Choh Mine is expected to produce roughly 1 million gold-equivalent oz, which includes the value of both the gold and...

  • Excavator loads gold-rich ore into a truck at Kinross Alaska's Fort Knox Mine.

    Alaska mine production tops $4.5 billion

    Shane Lasley, Mining News|Updated Mar 11, 2023

    More gold, strong zinc prices helped push value higher; critical minerals could add a boost moving forward. Alaska mines produced approximately $4.51 billion worth of nonfuel minerals last year, a 16% increase over the $3.89 billion in 2021, and an impressive 42.7% jump over the $3.16 billion of mined products during 2020, according to the U.S. Geological Survey's Mineral Commodity Summaries 2023 report. The rise in Alaska mine production value is largely due to increased...

  • A green band of aurora borealis behind a drill rig on a winter night in Alaska.

    Golden Summit tops 12 million oz gold

    Shane Lasley, Mining News|Updated Mar 11, 2023
    1

    Freegold Ventures Ltd. Feb. 23 reported an enormous upgrade to the quality and quantity of the mineral resources at Golden Summit, a now world-class gold project on the northern border of Kinross Gold Corp.'s Fort Knox Mine property in Alaska. Over the previous three years, Freegold has carried out more than 83,000 meters of systematic resource expansion and upgrade drilling at Golden Summit. With the bulk of the assays from the 2022 season in hand, the company had a new...

  • Molten gold being poured into bars at Kinross Alaska’s Fort Knox Mine.

    Gold and ESG honors for Kinross Alaska

    Shane Lasley, Mining News|Updated Mar 2, 2023

    Kinross Alaska gold output rises; restoration of fish habitat near Hope supports company ESG strategy. Continuing a steady rise in annual gold output, Kinross Gold Corp.'s Fort Knox Mine produced 291,248 ounces of gold in 2022, a roughly 10% increase over the 264,283 oz recovered at the Interior Alaska operation during 2021. This upward trajectory reflects the early stages of the Kinross Alaska strategy, which is expected to see the annual gold output of the mill at Fort Knox...

  • Map showing White Gold's White Gold property in the White Gold District.

    Ryan's Surprise keeps amazing White Gold

    A.J. Roan, Mining News|Updated Feb 23, 2023

    White Gold Corp. Feb. 23 announced the latest batch of assays shows that the 2022 diamond drilling program on the Ryan's Surprise and Ulli's Ridge targets intersected multiple zones of gold mineralization between the untested region of both, suggesting a larger footprint within the 6.5-kilometer- (4 miles) long trend on the company's namesake White Gold District, Yukon. Located roughly 95 kilometers (59 miles) south of Dawson City and practically next door to Western Copper...

  • Looking down at a grid of trails established during drilling at Manh Choh.

    From CORE assets to Alaska gold mines

    Shane Lasley|Updated Feb 17, 2023

    Contango ORE Inc. Feb. 6 reported that development of the Manh Choh gold mine in Alaska remains on track to begin commercial production in the second half of next year and an updated and expanded resource for the high-grade Lucky Shot gold project is slated for completion in March. "We look forward to continuing to update shareholders and investors on our progress in developing Alaska's next gold mines," said Contango ORE President and CEO Rick Van Nieuwenhuyse. The first...

  • Stack of large gold bars from the Gil deposit at the Fort Knox Mine in Alaska.

    Golden potential, critical opportunities

    Shane Lasley, Data Mine North|Updated Feb 2, 2023

    Gold dominates Alaska mineral exploration, but a critical shift arises. Since the discovery of gold in what is now the Alaska capital city of Juneau, prospectors, geologists, and fortune seekers have spent more than 140 consecutive summer seasons exploring The Last Frontier's golden potential. With these endeavors turning up rich aurum lodes in every corner of the state, except for the oil-rich North Slope, the nearly century-and-a-half tradition of seeking and discovering wor... Full story

  • Aerial photo of the Nikolai project with an overlay depicting the Eureka zone.

    Millrock generates Alaska project interest

    Shane Lasley|Updated Jan 18, 2023

    As a project-generating exploration company, Millrock Resources Inc. identifies and secures grassroots mineral projects and brings on partners to fund the high-risk early stages of exploration. During 2022, two Australian companies had drills turning on large gold properties Millrock assembled in Alaska's Fairbanks and Goodpaster mining districts. The largest of these programs was carried out by Felix Gold Corp. on the Treasure Creek property in the Fairbanks District, a... Full story

  • A crew of three operates a reverse circulation drill testing for gold in Alaska.

    Felix Gold discovers Treasure in Alaska

    Shane Lasley|Updated Jan 18, 2023

    With the January completion of an A$10 million (U$7.1 million) initial public offering and listing on the Australian Securities Exchange, Felix Gold Ltd. went into 2022 well-positioned to begin drilling the large package of gold exploration properties it had assembled in Alaska's Fairbanks Mining District. As a private company, Felix entered into a strategic alliance with Millrock Resources Inc. in 2021 on several Interior Alaska gold exploration projects – Treasure Creek a...

  • Mining truck hauls gold ore against a backdrop of yellow fall foliage in Alaska.

    Kinross' Alaska gold strategy takes shape

    Shane Lasley|Updated Jan 18, 2023

    With the official decision to move forward with development of the Manh Choh Mine in eastern Alaska, Kinross Gold Corp. has taken a large step forward toward executing its strategy to leverage the underutilized 14-million-metric-ton-per-year mill and tailings storage capacity at its Fort Knox Mine site north of Fairbanks to process higher-grade ore from projects within a roughly 300-mile radius of the Interior Alaska operation. "At Manh Choh in Alaska, we completed a... Full story

  • Truck dumps gravel to be leveled and compacted for the Manh Choh road.

    Contango ORE sees 2023 as pivotal year

    Shane Lasley, Mining News|Updated Jan 18, 2023

    Contango ORE Inc. Dec. 23 announced that it has raised US$5.6 million through a private placement to help fund the company's 30% interest in the development costs at Manh Choh until it can arrange a larger financing package for advancing the 1-million-ounce gold mine project to production. This financing involved the issuance of 283,500 shares at US$20.00 each, plus warrants that allow the purchasers to acquire additional shares at $25.00 each. "This equity capital raise will...

  • Crews set up drill at end of underground workings at Lucky Shot mine.

    A pipeline of CORE Alaska gold assets

    Shane Lasley|Updated Jan 18, 2023

    As an Alaska-based mineral explorer that is listed on the NYSE American stock exchange and involved with advancing two gold mines toward production, Contango ORE Inc., commonly referred to simply as CORE, is unique in the realm of junior mining companies. Led by president and CEO Rick Van Nieuwenhuyse, CORE has assembled a pipeline of Alaska gold projects along the highway system in Alaska that span the gamut from discovery to mine development. "I have spent a good part of my... Full story

  • A crew of three operates a reverse circulation drill testing for gold in Alaska.

    Felix Gold grows Treasure Creek discoveries

    Shane Lasley, Mining News|Updated Dec 2, 2022

    Millrock Resources Inc. Nov. 21 reported that the 2022 drilling being carried out by Felix Gold Ltd. continues to cut significant near-surface gold mineralization in multiple zones on the Treasure Creek property in Alaska's Fairbanks Mining District. As a private company, Felix entered into a strategic alliance with Millrock in 2021 on several Interior Alaska gold exploration projects – Treasure Creek and Ester Dome near the city of Fairbanks, plus the Liberty Bell project abo...

  • Mining truck hauls gold ore against a backdrop of yellow fall foliage in Alaska.

    Fort Knox posts another strong quarter

    Shane Lasley, Mining News|Updated Nov 17, 2022

    Kinross Gold Corp. Nov. 9 reported another quarter of strong production at its Fort Knox gold mine in Alaska. During the third quarter, Kinross' Alaska operation produced 75,522 ounces of gold, which is down only slightly from the 77,184 oz of gold produced in the previous quarter and about 8% higher than the 71,336 oz recovered during the third quarter of 2021. Kinross attributes the strong third quarterly production to increasing mill throughput. During the three months...

  • Geologist surveying on a slope overseeing the Rogue property in Yukon.

    Valley returns strong gold for Snowline

    A.J. Roan, Mining News|Updated Nov 17, 2022

    Snowline Gold Corp. Nov. 15 announced that drills cut an incredible 128.2-meter intercept averaging 2.48 grams per metric ton gold from surface, within a wider 285.2-meter section averaging 1.45 g/t gold at its Rogue project in the Yukon. Much like its V-22-010 hole that cut 318.8 meters of 2.55 g/t gold, which Snowline says changed its perception of the Valley zone, this latest step-out adds "significantly to the prospective scale and grade of our unfolding gold discovery at...

  • Geologist using a hammer to collect samples from a rock outcrop in Alaska.

    Earth MRI for Alaska critical minerals

    Shane Lasley, Mining News|Updated Sep 3, 2022

    Alaska is known to be a trove of the minerals and metals critical to every segment of the American economy. This critical mineral richness is despite the fact that Alaska is a vast state that remains largely underexplored. To help gain a better understanding of the Last Frontier State's potential to provide domestic supplies of the 50 critical minerals, the U.S. Geological Survey has allotted $6.75 million to explore specific regions of the state for 29 critical minerals. The...

  • A fall view of the True North and Fort Knox gold mines in the distance.

    Felix drills more Treasure Creek gold

    Shane Lasley, Mining News|Updated Aug 11, 2022

    Felix Gold Ltd. Aug. 1 announced additional near surface gold intercepts from the 15,000-meter drill program being carried out this year on the Treasure Creek project about 20 miles north of Fairbanks, Alaska. Situated about 13 miles west of Kinross Gold Corp.'s Fort Knox Mine, Treasure Creek hosts numerous prospects with interesting drill intersections reported by previous explorers on the property. Roughly 2,000 soil samples collected last year identified two key targets...

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