North of 60 Mining News - The mining newspaper for Alaska and Canada's North

Pebble Partnership copper gold molybdenum mine project Alaska Northern Dynasty NAK NDM

By Patricia Liles
Mining News Editor 

Kinross adds equipment, ups spending

Fort Knox owner plans $60M capital budget to remove waste rock for Phase 6 mining to carry mine life into 2010

 

Last updated 6/20/2004 at Noon



Work began this spring on a three year, $60 million capital project at the Fort Knox gold mine northeast of Fairbanks, Alaska, a project that will ultimately access 1 million ounces of deeply buried gold, ensuring production at Alaska's largest mine through 2010.

Called Phase 6, the mine expansion entails removing 55 million tons of non-gold bearing rock, or waste rock, in order to access an e...



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