Stories from October, 2024
Stories from October, 2024
German firm unveils $2.8 billion zero-emissions mining equipment partnership with Fortescue. MINEXPO INTERNATIONAL 2024, LAS VEGAS – Grabbing the spotlight during the world's largest mining event is no small feat. A historic $2.8 billion partnership to further advance the technologies needed for zero-emissions mining, however, put German heavy equipment manufacturer Liebherr and West Australian miner Fortescue front and center during the main event that comes around just...
New equipment and innovations unveiled at mining event underscore the complexities of transitioning mines from diesel to electric. MINEXPO INTERNATIONAL 2024, LAS VEGAS – From the heavy equipment manufacturers with their monstrous mining machines inside the Las Vegas Convention Center to the mining companies kicking the tires of those machines, transitioning to the zero-emissions mines of tomorrow was a topic that commanded center stage at MINExpo 2024. While the...
Acquisition comes with a high-grade, low-cost Mexico mine that is expected to boost Coeur's silver, gold, and cash production. In a deal that will elevate its silver production to roughly 21 million ounces per year and gold output to 432,000 oz/y, Coeur Mining Inc. has agreed to acquire SilverCrest Metals Inc. in an all-shares deal worth $1.7 billion. "The acquisition of SilverCrest creates a leading global silver company by adding low-cost silver and gold production and...
First Nation-leased solar powers Yukon mining project, reducing emissions and supporting local economic growth. In an effort to reduce emissions and enhance sustainability, Fireweed Metals Corp., Dena Nezziddi Development Corporation (DNDC), and Solvest Inc. have partnered to install a renewable power system at Macpass Camp, a move that advances clean energy integration at the Macmillan Pass (Macpass) zinc-lead-silver exploration project in Yukon, Canada. Based in Ross River,...
Hires Worley to update feasibility study for vertically integrated cobalt-bismuth-copper-gold project in Northwest Territories and Alberta. Fortune Minerals Ltd. Oct. 7 reported that it has hired Worley Canada Services Ltd. to update a feasibility study for NICO, a vertically integrated critical minerals project that will include a mine in Northwest Territories and hydrometallurgical refinery in Alberta. Located about 160 kilometers (100 miles) northwest of Yellowknife, NWT,...
Drills tap wide copper-gold mineralization indicative of a larger porphyritic intrusion. Seabridge Gold Inc. Oct. 9 reported that drilling has cut a thick zone of promising copper-gold mineralization at the Snip North target on the company's Iskut project in British Columbia's Golden Triangle. Seabridge acquired Iskut in 2016 due to the property's potential to host large porphyry copper-gold deposits similar to the company's world-class KSM mine project about 30 kilometers...
Promising gold-bearing structures explored as the company prepares to ramp up drilling. Flow Metals Corp. Oct. 8 announced an update on its 2024 exploration program at the company's Sixtymile gold project in Yukon, Canada, where recent geological mapping and sampling have identified new targets within a nine-kilometer (5.6 miles) gold-bearing thrust fault zone. Located 65 kilometers (40 miles) west of Dawson City, within the traditional territory of the Tr'ondëk Hwëchʼin...
Explore the chilling stories of infamous criminals who preyed the mining frontiers of Alaska and Canada at the turn of the 21st century. As the nights grow longer and the chill of October creeps in, we gather around the flickering glow of campfires, drawn to glimmering tales of the Gold Rush and a darkness drawn by the riches pulled from northern streams and golden beaches. The Far North, with its untouched wilderness and promise of wealth, drew all sorts: brave souls seeking...
The federal district court has come to the rescue of the state with regard to unwarranted closure of millions of acres of arctic waters. On April 1, 2022, the National Marine Fisheries Service (NMFS) issued a final rule designating in excess of 160 million acres of the Bering, Chukchi, Beaufort and East Siberian seas critical habitat for the Beringia distinct population segments of the bearded seal and the Arctic ringed seal. In February 2023, the state of Alaska initiated...
