Kinross Gold will provide approximately $1 million in funding for a three year endowment for advanced training to mining engineering students at the University of Alaska Fairbanks (UAF). “Education is a major area of focus for Kinross, and we are 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,” said Tye Burt, president and CEO, Kinross Gold.

Kinross has been active in Alaska since acquiring the Fort Knox mine in 1998. Located 25 miles northeast of the city of Fairbanks, Fort Knox employs more than 500 and in 2011, poured its 5-millionth oz of gold.