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

Pit slide, rain limit Fort Knox gold output

North of 60 Mining News – November 9, 2018

 

Last updated 9/25/2020 at 7:21am

Kinross Gold Corp.

A pit wall slide limiting access to areas scheduled to be mined at Fort Knox resulted in lower grade ore being hauled to the mill at this Interior Alaska gold operation during the third quarter.

Kinross Gold Corp. Nov. 7 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 and above average rainfall which affected geotechnical stability during the third quarter.

Fort Knox produced 51,984 ounces of gold during the third quarter of 2018, a roughly 49 percent decr...



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