By Shane Lasley
Mining News 

Fort Knox Mine gold output hits new low

Production expected to rebound with transition to Gilmore North of 60 Mining News – February 14, 2020

 

Last updated 9/26/2020 at 11:58am

Gold pour at Kinross Fort Knox Mine near Fairbanks Alaska

Kinross Gold Corp.

A little more than 200,000 ounces of gold was poured at Fort Knox during 2019. The annual gold output at this Interior Alaska mine is expected to increase this year as mining transitions to Gilmore, a westward expansion of the open pit.

At just over 200,000 ounces, the 2019 gold production at Fort Knox Mine is the lowest in the 24-year history of this open pit operation a few miles north of Fairbanks, Alaska. The good news is there are indications that gold output will trend higher during 2020.

In its end of 2019 results, released on Feb. 12, Kinross Gold Corp. reported a nearly 22 percent drop in gold produced at its Fort Kn...



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