ALASKA'S FORT KNOX GOLD MINE

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V16 2013 INDEX E-SYLUM ARCHIVE

The E-Sylum: Volume 16, Number 25, June 16, 2013, Article 25

ALASKA'S FORT KNOX GOLD MINE

If you're curious about where some of the gold for new coins comes from, see this article Dick Hanscom forwarded about the Fort Knox gold mine in Alaska. Thanks! -Editor

Fort Knox gold mine is located about 25 miles northeast of Fairbanks in the Fish Creek drainage, which has been mined for more than a century.

It is owned by Kinross and operated by subsidiary Fairbanks Gold Mining Inc.

You won’t find any gold nuggets lying around — the gold at Fort Knox is microscopic — which requires operations on a huge scale to make it economic. Higher grade ore is run through a milling process to extract the gold.

To appreciate the scale of this massive operation, look closely at the below photo. Those tiny specks are big dump trucks. -Editor

To read the complete article, see: Unearthing treasure: Fort Knox gold mine by the numbers (www.newsminer.com/business/unearthing-treasure-fort-knox
-gold-mine-by-the-numbers/article_8da281e6-d3d2-11e2-a863-0019bb30f31a.html)

Wayne Homren, Editor

The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org.

To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@gmail.com

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