The mining newspaper for Alaska and Canada's North

Fort Knox gold production down, costs up

North of 60 Mining News – May 10, 2019

Kinross Gold Corp. May 7 reported that the Fort Knox Mine in Interior Alaska produced 37,613 ounces of gold during the first three months of 2019, less than half the 79,928 oz of gold produced during the same period last year.

The lower production resulted in a significant rise in costs at this open-pit operation about 25 miles north of Fairbanks. The cost for each ounce of gold sold during the fi...

 

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