Kinross World Tracker

x
4.74
-0.05 (-1.04%)
TSX:K
3.54
-0.03 (-0.84%)
NYSE:KGC
1340.1
0.9 (0.07%)
GOLD
  • 20
    °C
    06/16, 8:33pm
    Fort Knox, Alaska
    14
    °C
    06/17, 12:33am
    Toronto, Ontario
    26
    °C
    06/16, 9:33pm
    Kettle River-Buckhorn, Washington
    11
    °C
    06/16, 9:33pm
    Round Mountain, Nevada
  • 15
    °C
    06/16, 9:33pm
    Bald Mountain, Nevada
    13
    °C
    06/17, 2:33am
    Maricunga, Chile
    17
    °C
    06/17, 1:33am
    Paracatu, Brazil
    31
    °C
    06/17, 4:33am
    Mauritania, West Africa
  • 24
    °C
    06/17, 4:33am
    Chirano, Ghana
    15
    °C
    06/17, 7:33am
    Moscow, Russia
    5
    °C
    06/17, 2:33pm
    Magadan, Russia
    23
    °C
    06/17, 2:33pm
    Kupol, Russia
    19
    °C
    06/17, 5:33am
    Las Palmas, Spain
    17
    °C
    06/17, 1:33am
    Belo Horizonte, Brazil
4.74
-0.05 (-1.04%)
TSX:K
3.54
-0.03 (-0.84%)
NYSE:KGC
1340.1
0.9 (0.07%)
GOLD
  • 20
    °C
    06/16, 8:33pm
    Fort Knox, Alaska
    14
    °C
    06/17, 12:33am
    Toronto, Ontario
    26
    °C
    06/16, 9:33pm
    Kettle River-Buckhorn, Washington
    11
    °C
    06/16, 9:33pm
    Round Mountain, Nevada
  • 15
    °C
    06/16, 9:33pm
    Bald Mountain, Nevada
    13
    °C
    06/17, 2:33am
    Maricunga, Chile
    17
    °C
    06/17, 1:33am
    Paracatu, Brazil
    31
    °C
    06/17, 4:33am
    Mauritania, West Africa
  • 24
    °C
    06/17, 4:33am
    Chirano, Ghana
    15
    °C
    06/17, 7:33am
    Moscow, Russia
    5
    °C
    06/17, 2:33pm
    Magadan, Russia
    23
    °C
    06/17, 2:33pm
    Kupol, Russia
    19
    °C
    06/17, 5:33am
    Las Palmas, Spain
    17
    °C
    06/17, 1:33am
    Belo Horizonte, Brazil

Stay updated

Subscribe to our online newsletter below to receive the latest Kinross news articles and information.

Kinross to proceed with initial Fort Knox Gilmore expansion

On June 12th, 2018 Kinross announced that we will be proceeding with the initial Gilmore expansion project at our Fort Knox mine in Alaska.

The expansion is expected to extend mine life to 2030 at a low capital cost, and add 1.5 million gold equivalent ounces of production over life of mine at one of our top performing operations.

“With additional upside potential beyond the Gilmore project, Fort Knox is a significant asset in our portfolio located in an excellent mining jurisdiction. The Gilmore project and the addition of estimated mineral resources improves value and is expected to be a key contributor to the future growth of our Company,” said J. Paul Rollinson, President & CEO.

Kinross gained mineral rights to the 287-hectare (709 acre) parcel of land known as Gilmore in December 2017, located immediately west of the Fort Knox mine in Alaska.

Over the last six months, a feasibility study that analyzed the first two phases of a potential multi-phase layback of the pit and construction of new heap leach pad was completed. Early construction work at Gilmore is expected to begin soon, with initial production from the project expected in early 2020.

For more information on the expansion, view the news release here.

A cross section of Fort Knox as of December 31st. The current mining surface can be seen in black, pre-Gilmore reserve pit in orange, post-Gilmore reserve pit in green and post-Gilmore resource pit in yellow. 

 
© Kinross Gold Corp. 2019 Legal Disclaimer