MINING NEWS: Kinross adds equipment, ups spendingFort Knox owner plans $60M capital budget to remove waste rock for Phase 6 mining to carry mine life into 2010 Patricia Liles Mining News Editor
Work began this spring on a three year, $60 million capital project at the Fort Knox gold mine northeast of Fairbanks, Alaska, a project that will ultimately access 1 million ounces of deeply buried gold, ensuring production at Alaska’s largest mine through 2010.
Called Phase 6, the mine expansion....
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New equipment requires more workers Tailings dam lift started Lowered production, higher costs in first quarter
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