Manh Choh’s First Pour
Gold production has commenced at Manh Choh, Alaska’s newest major mine. Review the history of the Kinross-Contango ORE joint venture and the impact the project is having on the Interior.
Gold production has commenced at Manh Choh, Alaska’s newest major mine. Review the history of the Kinross-Contango ORE joint venture and the impact the project is having on the Interior.
Avidian Gold is selling its Alaska subsidiary to Contango ORE, the company involved in developing the Manh Choh mine. The $2.4 million deal covers two Interior prospects.
The developer of the Manh Choh gold mine near Tok is moving ahead with financing, selecting ING CAPITAL and Macquarie to arrange a $70 million loan for this year’s pre-production construction.
The Alaska Department of Labor and Workforce Development is providing a $300,000 grant to UAF for training workers from the Tok area for the Manh Choh gold mine.
Replacements for four more bridges on the Alaska, Richardson, and Steese Highways would be built with funds proposed in Governor Mike Dunleavy’s amended capital budget for Fiscal Year 2024.
One of the highlights of a visit to the Fort Knox gold mine is posing at the end of the tour with a gold bar produced at the mine.