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Lower gold output new norm for Fort Knox

 

Last updated 2/22/2019 at 5:55am

Gilmore expansion project to extend Fort Knox mine in Alaska to 2030

Kinross Gold Corp.

A view looking over the Walter Creek Arctic Heap Leach pad, a facility that has produced more than 1 million ounces of gold at the Kinross' Fort Knox Mine a few miles north of Fairbanks.

Kinross Gold Corp. Nov. 7 reported a nearly 33 percent drop in gold produced at its Fort Knox Mine in Alaska during 2018, when compared to the previous year.

This operation about 25 miles north of Fairbanks produced 255,569 ounces of gold last year, a 132,546 oz drop from the 381,115 oz produced in 2017.

Kinross said this lower gold output is primarily attributed to a minor pit wall slide that...



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