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Fort Knox gold output up; Gilmore on pace

 

Last updated 8/9/2019 at 5:02am

Fairbanks Alaska area open pit gold mine

Kinross Gold Corp.

Looking over the Walter Creek Heap Leach pad in 2010. Today, this facility is nearly at its maximum capacity and Kinross is building a new heap leach pad to extract gold from ore mined from the Gilmore project.

Kinross Gold Corp. July 31 reported that the Fort Knox Mine in Interior Alaska produced 55,440 ounces of gold during the second quarter of 2019. This is a 47 percent increase over first quarter gold production but down 22 percent from the second quarter of 2018.

The higher production, when compared to the first quarter, helped push down the costs to produce an ounce of gold at this open-pit ope...



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