WASHINGTON Earlier this month, KINROSS GOLD of Toronto celebrated the official opening of its Buckhorn gold mine in the north-central part of the state. The mine is about 76 km by road from the company’s Kettle River gold mill.
Originally planned two decades ago as an open pit, the Buckhorn mine became a magnet for environmental protesters. The shift underground mining eased some concerns, but Kinross still had an uphill battle. Agreements were reached with local environmental organizations only last spring.
The target for the Buckhorn mine is 20,000 to 30,000 oz of gold this year at a cash cost of US$315 to US$335 per ounce. The deposit has proven and probable reserves of 1.99 million tonnes grading 15.46 g/t Au.
Kinross maintains it website at www.Kinross.com.