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Fort Knox donates money to Fairbanks-area schools

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Posted: Wednesday, October 17, 2012 11:15 pm | Updated: 6:38 pm, Wed Jun 12, 2013.

FAIRBANKS — Kinross Fort Knox Gold Mine made a $37,500 donation to the Fairbanks North Star Borough School District this week with the aim of providing more opportunity to students at five schools.

The presentation was made Tuesday to school district Superintendent Pete Lewis at this week’s Chamber of Commerce luncheon meeting.

Dan Snodgress, the general manager at Fort Knox, said the mine offered the money to provide a boost to financially strapped local schools.

“We recognize it’s a difficult climate at times,” he said. “It’s expensive to do business; it’s expensive to bring a quality education to our children.”

The unrestricted funds will be shared at $7,500 apiece by Ben Eielson Junior Senior High School, Hutchison High School, West Valley High School, Lathrop High School and North Pole High School.

According to a school district news release, the funds will be used to ease the burden on families by providing school supplies such as lab equipment and travel costs associated with field trips or competitions.

Lewis said the donation will allow more students to “have opportunities and experiences to help them succeed.”

Kinross is a global mining company, and its Fort Knox operation is of one its largest gold-producing areas in Alaska.

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