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THE JOURNAL - AN OFFICIAL PUBLICATION BY THE ALASKA MINERS ASSOCIATION
AUGUST 2025 | WWW.ALASKAMINERS.ORG
AMA Volunteers at ARE Golf Tournament
Fort Knox on pace for almost half-million ounces of gold this year NORTH OF 60 MINING NEWS
AMA recently had the opportunity to support the Alaska Resource Education Coal Classic Golf Tournament. It’s always a privilege to show up at great events that help raise funds for our industry partners!
Choh reserves processed during the quarter. Another 5.53 million metric tons of Fort Knox ore averaging 0.23 g/t gold was stacked on the heap leach pad for processing during the first quarter. After distributing 30% of the gold from Manh Choh to Contango, 192,838 oz of gold was attributable to Kinross during the first half of 2025 – 95,277 oz during the first quarter and 97,561 oz during the second. While quarterly production is expect- ed to fluctuate depending on the timing of processing the batches of Manh Choh ore, the Kinross Alaska mill and heap leach pad at Fort Knox are on pace to recover more than 450,000 oz of gold this year. The third batch of Manh Choh ore is slated for processing through the Kinross Alaska mill starting in mid-September.
K inross Gold Corp. recently reported that its Fort Knox mine produced 115,064 ounces of gold during the second quarter, send- ing the Alaska mine into the second half of 2025 on pace to produce more than 450,000 oz of gold this year. This strong pace is due in large part to processing the high-grade ore from Manh Choh, a satellite mine operat- ed under a joint venture between Kinross (70%) and Contango Ore Inc. (30%). Ore trucked from Manh Choh is processed through Kinross Alaska mill at Fort Knox in batches – at a rate of about one batch per quarter. So far this year, two batches of Manh Choh ore have been processed at Fort
Knox, contributing roughly 117,000 oz of gold produced at Kinross’ Alaska operation during the first half. This accounts for more than half of the 228,264 oz of gold produced at Fort Knox over the first six months of 2025. The balance was recovered from Fort Knox ore processed through the mill and stacked on the operation’s heap leach pad. During the second quarter of 2025, the Kinross Alaska mill processed 1.63 million metric tons of ore averaging 1.72 grams per metric ton gold. The grade of the ore processed through the mill is being lifted by 7.9 g/t gold average grade of Manh
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