Fort Knox on pace for 400,000 oz

Kinross Gold Corp. Nov. 8 reported that its Fort Knox Mine near Fairbanks, Alaska, produced 101,077 ounces of gold during the third quarter, a roughly 8 percent decrease from the 110,396 oz recovered during the same period last year.

The company attributes the decrease to lower tonnage stacked on the heap leach pad.

The Fort Knox mill processed 3.23 million metric tons of ore averaging 0.78 grams...