Stories from November, 2024
Stories from November, 2024
Alaska's critical minerals potential to take center stage at AMA convention; antimony and graphite expected to be hot topics. Rising geopolitical tensions around the globe, China's increasing use of critical minerals as a trade war weapon, and the International Energy Agency's forecast that an additional $800 billion needs to be invested into the mining of energy transition metals by 2040 in order to meet global climate ambitions, have political and military leaders looking...
With demand outstripping supply, price for Alaska's highest-valued mined product sets up bright 2025 for 49th State and Red Dog. Rising demand and a three-year-long slide in supply are pushing up the price of zinc, which is good news for zinc-producing jurisdictions like Alaska but not so much for the buyers of this galvanizing metal widely used for renewable energy and transportation infrastructure, automobiles, and a wide array of other applications. Potential supply...
Geologist and former executive vice president of growth at Barrick takes the helm of America's largest silver mining company. Marking a new era for the oldest and largest primary silver-producing company in the United States, Hecla Mining Company has appointed Rob Krcmarov to be its new president and CEO beginning on Nov. 7. "Rob is a highly respected figure in the mining industry with a proven track record across various international markets," said Hecla Mining Chair...
Granite Creek assembles the catalyst-rich projects, scientific expertise to become a first mover in the geological hydrogen space. A belt of rocks spanning the Southeast Alaska Panhandle hosts at least a dozen prospects and deposits enriched with nickel, copper, and platinum group metals (PGM) needed for the energy transition. Could these projects also host hidden stores of geological hydrogen that could offer a clean-burning fuel for the 21st century? Granite Creek Copper...
One hole cuts half meter of 701 g/t gold within 48 meters of 8.85 g/t gold at Northern BC project. Dolly Varden Silver Corp. Nov. 4 announced that holes infilling a wide gap between previous drilling at the Homestake Silver deposit have cut broad sections of high-grade gold mineralization in this deposit at the north end of the company's Kitsault Valley project in Northern British Columbia. "The identification of a gold-rich, wide and high-grade area within the Homestake...
Results confirm near-surface, high-grade copper extends over 220 meters down plunge and remains open along strike. Gladiator Metals Corp. Oct. 28 reported that its 2024 drilling continues to expand high-grade copper skarn mineralization at the Cowley Park target on the company's historic Whitehorse Copper project in Yukon, Canada. Located just outside of Yukon's capital city, Gladiator's Whitehorse Copper project spans 5,280 hectares (13,294 acres) within the historically...
High-grade zinc, lead, silver, and potential byproduct critical minerals point to further resource growth at Macpass. Fireweed Metals Corp. Oct. 30 announced a new batch of assays from this year's drill program at its Macpass zinc-lead-silver project in Yukon, Canada, reporting high-grade intersections that highlight the potential for a substantial increase in the overall tonnage at Boundary Zone. Located approximately 200 kilometers (124 miles) south of Ross River and 223...
An interesting tale of a mineral that has shaped human progress for over a millennium, from alchemy to modern industry. Mysterious, enduring, and occasionally deadly, few elements have woven themselves into the tapestry of human history quite like antimony. Revered for its alchemical potential and wielding a double-edged role as both poison and remedy, this versatile element found its way into everything from ancient makeup and medicine to early batteries and, ultimately, a...
With the price of gold through the roof, now is a good time to be a gold miner in Alaska, but then again, it always has been. I have been ambling around Western Europe for the past few weeks. Wherever I go, I run into the same issue – there are a lot of people-watchers who fret about the pending Presidential election in the United States. My reaction is to urge them not to dismay; America has hosted bulls in the china shop before, and if that is what comes, so be it. My...
