Fort Knox continues to perfrom for Kinross.......very similar project, expect eagle is higher grade, and lower cost per ounce.
Mine-by-mine summaries for third-quarter 2012 operating results may be found on pages 12 and 16 of this news release. Highlights include the following:
North America: Production from the region was strong during the quarter, and higher than in Q3 2011, primarily as a result of increased production at Fort Knox. All three mines also increased production compared with Q2 2012.
Fort Knox''s strong performance relative to Q3 2011 was due to an increase in tonnes of ore mined and processed, as well as higher mill grades, mill recoveries and accelerating heap leach production. Kettle River-Buckhorn''s year-over-year increase in production was a result of higher grades and recoveries. Round Mountain''s production compared with the same period last year was slightly lower due to lower grades and tonnes processed, but marginally higher than Q2 2012 due to strong heap leach performance. Regional cost of sales per ounce improved both on a year-over-year and quarter-over-quarter basis mainly due to higher production. North America is expected to complete the year at the high end of regional production guidance.