The mining newspaper for Alaska and Canada's North

Fort Knox: less gold now, more in the future

North of 60 Mining News – August 3, 2018

Kinross Gold Corp. Aug. 1 reported lower gold production and higher costs at its Fort Knox Mine due to lower ore grades and the minor pit wall slide that occurred at this Interior Alaska operation in March.

Fort Knox produced 71,463 ounces of gold during the second quarter of 2018, a roughly 22 percent decrease from the 91,237 oz recovered during the same period last year.

The per-ounce cost of Fo...

 

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