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Vol. 8, No. 17 Week of April 27, 2003
Providing coverage of Alaska and northern Canada's oil and gas industry


Fairbanks Gold shells out $9 million for new equipment

Fort Knox fleet grows with new shovel, haul and ore trucks; equipment will help boost gold production at mine by 30 percent, says Rick Dye

Patricia Jones

Petroleum News Contributing Writer

Fairbanks Gold Mining, operators of the Fort Knox gold mine northeast of Fairbanks, has spent more than $9 million so far this year to add to its existing fleet of heavy-duty earth-moving equipment. The last of the new equipment, including a new shovel, four new haul trucks and seven over-the-road....

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Investment adds life


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