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The Fort Knox Gold Mine is an open pit gold mine, 9 mi (14 km) east of Fox in the Fairbanks mining district of Alaska. It is owned and operated by Toronto -based Kinross Gold . Originally staked in 1913, after very minor mining at the location the property sat idle until being restaked in 1980.
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]
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.
The Fort Knox mine is located within the Fairbanks North Star Borough, 25 miles (40 km) northeast of Fairbanks. The mine site is located primarily on State of Alaska and the Mental Health Trust lands. The mine is wholly owned by Kinross Gold Corporation. The mine opened in 1996 and in 2019 produced 200,263 troy ounces (6,228.9 kg) of gold.
The Round Mountain Gold Mine is owned and operated by Kinross Gold. Until early in 2016, it was a 50:50 joint venture between Barrick Gold and Kinross Gold, with Kinross as the operator. The mine is 55 miles (89 km) north of the town of Tonopah, with a workforce of approximately 750 people.
Starting in the late 1920s, the discovery of gold deposits in Douglas Island and Juneau represented an industrial development that drew many Filipino laborers to Alaska. . Brought over by contractors, Filipinos worked as ore sorters in the Alaska-Juneau Gold Mining Company, or the A-J Mine, and settled in Alaska when the mine closed in
B2Gold was founded in 2007 by Clive T. Johnson and other former executives at Bema Gold which was in the process of being acquired by Kinross Gold for $3.5 billion. [1] The terms of the deal allowed the newly created B2Gold to take Bema Gold's exploration properties in Colombia and Russia.
In 2010, Kinross plans to build training facilities in the area, including a School of Mines. [12] In 2019, Kinross announced its commitment to a $300 million fundraising campaign to build new on-site infrastructures at the Tasiast mine. [13] The project includes the construction of a photovoltaic solar power plant. The plant aims to produce 34 ...