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Kinross' first project – now operated by its subsidiary Fairbanks Gold Mining – was the Fort Knox Gold Mine, an open-pit mining operation in Alaska. The area, including surrounding deposits, was prospected as early as 1913, but no mining took place until 1996. The mine currently produces over 200,000 ounces of gold a year. [27]
Surpassing 7 million ounces in 2016, Fort Knox is the largest producer of gold in the history of the state of Alaska. [ 10 ] [ 11 ] The mine's life is expected to extend to 2027 following a $100 million expansion investment announced in 2018, increasing life-of-mine production by about 1.5 million gold equivalent ounces. [ 12 ]
Gold-quartz-sulfide hydrothermal vein at the old Grant Mine, Fairbanks Mining District. The Fairbanks mining district is a gold-mining area in the U.S. state of Alaska. Placer mining began near Fairbanks in July 1902, after Felix Pedro (real name Felice Pedroni), an Italian immigrant and Tom Gilmore discovered gold in the hills north of the Tanana and Chena Rivers in 1901.
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Indiana's last win: 1988 (41-7) Ohio State's last win: 2023 (23-3) As noted by Indiana football's record book, the Hoosiers trail the all-time series against Ohio State 80-12-5.