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Milder winter weather equals more gold at Fort Knox Mine

 

Last updated 5/15/2016 at Noon



Kinross Gold Corp. May 10 reported that its Fort Knox Mine near Fairbanks, Alaska, produced 87,800 ounces of gold during the first quarter, compared with 82,673 oz. during the first three months of 2015. The company attributes the 5,127-oz. increase to improved mining and heap leach operations due to mild weather. The per-ounce cost of Fort Knox gold sold during the quarter was US$705, compared...



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