Kensington Mine gold production steady in first quarter of 2014

Kensington Gold Mine mill
The mill at Kensington Gold Mine. (Photo by Rosemarie Alexander/KTOO)

The Kensington Mine near Juneau produced about 25,400 ounces of gold during the first three months of 2014.

That’s about the same amount as the mine produced in the first quarter of 2013, but a step back from the 37,400 ounces produced in the final quarter of last year.

Kensington Mine parent company Coeur Mining Inc. released preliminary first quarter production results on Monday. Kensington accounted for 43 percent of the gold produced at Coeur’s four major mines in January, February and March.

More than 159,000 tons of rock was milled at Kensington in the first part of the year. The company calls it “a significant increase compared to prior quarters.”

Coeur will release full first quarter production and financial results on May 7.

Sign up for The Signal

Top Alaska stories delivered to your inbox every week

Site notifications
Update notification options
Subscribe to notifications