Fairbanks Gold Mining, Inca subsidiary of
Kinross Gold Corporation
FGMI Management Team
VP & General Manager John WildChief Mine Engineer Jerod EastmanController Debbie EvansExploration Manager Rich HarrisMill Manager John HollowMill Superintendent Bob MusgroveEnvironmental Manager Delbert ParrLoss Control Manager Rowdy HeiserHuman Resources Manager Caroline SandelCommunity Affairs Director Lorna ShawMaintenance Superintendent Cade SmithMine Superintendent Dan Snodgress
– Incident/accident analysis
– Incentive programs
– Planned inspections
– Emergency preparedness
– Crisis communication
– Emergency Response Team training
Health and Safety
Fort Knox… Where safety is more precious than gold.
2005 Record of Excellence
NOVs 0
Reportable Spills 0
Permit Exceedences 0
Environmental Commitment
Reclamation atTrue North
Environmental Commitment
Mine Operations - 2005
Phase 6
Phase 4 Phase 5
Mine Operations - 2005
Phase 4 • Primary mill feed source• 1 hydraulic shovel• Additional loaders as needed
Phase 5 • Primary mill feed source• 2 hydraulic shovels• Additional loaders as needed
Mine Operations - 2005
Phase 6 • 58,000,000 tons of “waste”• Sustained mill feed early 2007• 1 hydraulic shovel• Additional loaders as needed
Mining Equipment
2 – CAT 992G loaders1 – CAT 994D loader2 – Hitachi EX3600 shovels1 – Hitachi EX3500 shovel1 – CAT 5130 shovel3 – CAT 777 haul trucks10 – CAT 785 haul trucks8 – CAT 789 haul trucks1 – CAT 793 haul truck
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n 04
Feb
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Mar
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Apr
04
May
04
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04
Jul 0
4
Aug
04
Sep
04
Oct
04
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04
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04
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05
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05
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Jul 0
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Prod
uctiv
ity (k
tpd)
Technology Improvements
Looking to the Future
Replace and grow reserves:• Fort Knox pit expansion• Near mine exploration• District exploration• Outside acquisition and
discovery opportunities
2005 Challenges
Power$300,000 monthly increase
Steel $80,000 monthly increase
Fuel $80,000 monthly increase
Educational Partnerships UAF Process Technology degreeHutchison Institute of Technology partnershipUAF’s Tanana Valley CampusMontana State UniversityParticipation in educational and community job fairs
Competitive Job Market
Community Partnerships
– AK Mineral & Energy Resource Education Fund
(AMEREF)
– Junior Achievement
– US Fish & Wildlife Outdoor Days
– Clean Up Day
– Won ESGR Above and Beyond Award
Economic Benefits
– 425 high quality jobs
– $36 million in wages
– $70 million in direct purchases in Fairbanks
– $3.4 million in FNSB property taxes
– Work with over 500 Fairbanks companies
– Business with over 700 Alaskan companies
Business in Alaska
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