MINING NEWS: New equipment rolls at Fort Knox

Patricia Liles

Mining News Editor

One of six new 190-ton Caterpillar haul trucks hit the dirt at the open pit Fort Knox gold mine near Fairbanks, Alaska, on Sept. 1, part of a $15 million-plus capital investment in the mine’s dirt-moving fleet this year. Fairbanks Gold Mining Inc., a subsidiary of Toronto-based Kinross Gold, has go....

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New shovel, loader working

Tailings lift complete

Lower production in 2004

Jumps in fuel, energy costs