The mining newspaper for Alaska and Canada's North

(4) stories found containing 'kinross cuts deal for alaskan peak gold'

Sorted by date  Results 1 - 4 of 4

  • Kinross Gold Fort Knox Fairbanks Peak Gold Manh Choh Big Lake Upper Tanana

    Manh Choh is the new name for Peak Gold

    Shane Lasley, Mining News|Updated Mar 25, 2021

    Kinross Gold Corp. March 14 announced that the Peak Gold project in eastern Alaska has been renamed Manh Choh, which means Big Lake in the Upper Tanana Athabascan language. This name, chosen by Village of Tetlin Chief Michael Sam and the tribal council, refers to the 7.5- by 4.5-mile Tetlin Lake, a site of high cultural significance in the Tetlin community. Kinross says this mutual agreement on the name is symbolic of the mining company's approach in developing the high-grade... Full story

  • Kinross Gold Corp. Peak Gold LLC Cantango ORE Inc. Rick Van Nieuwenhuyse

    Peak Gold JV to invest $18M during 2021

    Shane Lasley, Mining News|Updated Dec 17, 2020

    Peak Gold LLC, a joint venture between Kinross Gold Corp. (70%) and Contango ORE Inc. (30%), have agreed to invest US$18 million during 2021 to carry out the work needed to complete a feasibility level study for establishing a mine at Peak Gold project in eastern Alaska. Toward a new strategy of acquiring high-grade gold from projects across Alaska to provide feedstock for the mill at its Fort Knox Mine about 25 miles north of Fairbanks, Kinross acquired a 70% JV interest in... Full story

  • Gold mining haul truck during Gilmore project ribbon cutting Fort Knox

    Golden decade coming to Fort Knox Mine

    Shane Lasley, Mining News|Updated Oct 23, 2020

    A look at Kinross Gold Corp.'s newly optimized strategy for Fort Knox indicates that the iconic mine about 20 miles north of Fairbanks, Alaska will be producing upwards of 400,000 ounces of gold per year for most of the coming decade. The global gold producer introduced its new plans for Fort Knox during an Oct. 20 presentation that provided a more in-depth look into its plan to increase companywide gold output by 500,000 oz/year by 2023. This production growth strategy,... Full story

  • Peak Gold partnership Tetlin Kinross Contango ORE Alaska

    Kinross cuts deal for Alaskan Peak Gold

    Shane Lasley, Mining News|Updated Oct 2, 2020

    Kinross Gold Corp. has agreed to pay US$93.7 million to buy a 70% stake in the Peak Gold project near the crossroads town of Tok in eastern Alaska, an acquisition slated to deliver high-grade feedstock to the mill at Kinross' Fort Knox Mine near Fairbanks. "The relatively high-grade, low-cost Peak Gold project is an excellent addition to our portfolio, as it allows us to leverage our existing mill and infrastructure at Fort Knox and strengthens our medium-term production and... Full story