Stories from January, 2025
Stories from January, 2025
Trump's vow to maximize mining in Alaska , ESG benefits of mining in Northern BC, and historic investments in a NWT critical minerals project land on the list. From the launch of a new Prospectors and Developers Association of Canada (PDAC) initiative to position Indigenous youth as next-generation mining leaders to the collapse of the tailings storage facility at Victoria Gold Corp.'s Eagle Mine, North of 60 Mining News delivered more than 570 articles last year covering the...
Rejoins geological units separated by 300 miles and 52 million years; discovering a clue to Alaska's terrane wreck. The massive Pacific Plate colliding into and sliding past Alaska is causing a slow-moving terrane wreck that is pushing Denali and other Alaska Range mountains up to epic heights, enriching the state with minerals, and creating a dynamic tectonic environment that is witnessed by the magnitude seven-plus earthquakes that shake America's Last Frontier every couple...
Joins Canadian regional leaders to meet with President-elect Donald Trump's son and transition team to discuss collaboration. As Canada contends with the potential fallout of proposed U.S. tariffs and mounting political upheaval at home, Yukon Premier Ranj Pillai traveled to North Carolina on Dec. 21, to participate in a meeting attended by Donald Trump Jr. and members of the transition team, providing an opportunity to address critical issues like trade, Arctic security,...
DOD and NRCan co-invest in advancing company's Mactung tungsten mine project and upgrades to infrastructure in eastern Yukon. In a strategic bid to establish secure and reliable North American supplies of minerals critical to defense and the broader economy, the U.S. Department of Defense and Canadian government are jointly investing up to US$27.3 million (C$35.4 million) to aid Fireweed Metals Corp. in advancing the Mactung tungsten mine project in eastern Yukon toward a...
Ambler Road, other natural resource projects are at the top of governor's priorities to reverse a "four-year assault on Alaska." Reversing the Biden administration's decision to revoke permits required to build a road to the Ambler Mining District is high on a list of Alaska priorities that Gov. Mike Dunleavy sent to President-elect Donald Trump and his transition team. The 28-page "Alaska Priorities for Federal Transition" report sent to the incoming presidential team...
Raises $7.5 million through the sale of shares in Snow Lake Resources and the exercise of warrants to fund its antimony and gold initiatives in Alaska. Nova Minerals Ltd. Jan. 2 announced that it has raised $6.7 million (A$10.9 million) through the sale of 6.6 million shares of Snow Lake Resources Ltd., an energy metals exploration company with lithium and uranium projects in Canada and Namibia. Nova, which founded Snow Lake in 2021, decided to sell its holdings in the...
Third batch of ore processed elevates company's 2024 total to $40.5 million for 42,000 oz of gold from Alaska mine. Contango Ore Inc. Dec. 19 received a cash payment of $9 million for the profits from its 30% share of the gold and silver recovered during the processing of the third batch of ore from Manh Choh Mine. Under the Peak Gold Joint Venture between Kinross (70%) and Contango (30%), high-grade ore mined at Manh Choh Mine is trucked roughly 240 miles to be processed...
Is spinning Yukon gold properties into new company; picking up new U.S. copper-gold projects. Pacific Ridge Exploration Ltd. Dec. 30 reported that it plans to spin its Yukon gold exploration properties out into a new company and acquire new projects in the United States that will complement its portfolio of copper-gold porphyry projects in Northern British Columbia. "We are very excited about our future plans," said Pacific Ridge President and CEO Blaine Monaghan. The...
Doubling landholdings, achieving a maiden resource, completing record drilling, and earning top environmental honors defined the year. Snowline Gold Corp. Dec. 31 highlighted a landmark year marked by significant milestones, including the release of its multi-million-ounce maiden resource estimate, the expansion of its flagship Valley deposit in the Yukon, and a record-breaking drill program that underscored the growth of its ambitious exploration efforts across the region....
From water pipelines to hydrogen bomb ports, Alaska holds a history of dreamers as big as the Last Frontier state. As the world steps into a new year brimming with possibilities, a reflection on Alaska's wildest visions through its relatively brief history can offer a glimpse into humanity's boundless imagination. From grandiose pipelines spanning oceans to domed cities beneath the shadow of Denali, the Last Frontier has long been a canvas for audacious ideas that dared to...
There is a long list of things that Trump II can do to promote America's mining industry consistent with the national interest. Each year, about this time, the federal oversight committee of the Alaska Miners Association gets together to prepare an Issues of Concern document to share with interested federal agencies in coordination with other mining and resource development organizations around the country. Generally, it is a document that constitutes guidance to the AMA...
