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Lower grades result in less Fort Knox gold


Last updated 5/18/2018 at 4:21am

Fort Knox Gold Mine Fairbanks Interior Alaska Gilmore expansion

Judy Patrick; courtesy of Kinross Gold Corp.

A feasibility study for the Gilmore expansion project is considering a multi-phase layback of the open-pit at the Fort Knox gold mine in Interior Alaska.

Kinross Gold Corp. May 8 reported that its Fort Knox Mine near Fairbanks, Alaska, produced 79,928 ounces of gold during the first quarter of 2018, a roughly 14 percent decrease from the 93,038 oz recovered during the same period last year and about 16 percent lower than the last three months of 2017.

"Production at Fort Knox was in line with our expectations for the quarter, although it was low...

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