Financial support for next generation

Toronto-based mining giant Kinross Gold Corporation has announced that it is providing approximately US$1 million in funding for a three-year endowment that will provide advanced training to mining engineering students at the University of Alaska Fairbanks (UAF).

 Kinross President Tye Burt said the company is pleased to support the next generation of mining engineers in Alaska by providing the UAF with a steady source of research funding over the next three years.

 Kinross has been active in Alaska since acquiring the Fort Knox mine in 1998. Located 25 miles northeast of Fairbanks, Fort Knox employs more than 500 local residents and in 2011, poured its five-millionth ounce of gold.