The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 51 - 63 of 63
Usibelli Coal Mine has secured a sales contract for a second shipment of coal to Chile with Glencore Ltd. The ship was scheduled to begin loading approximately 45,000 metric tons on Dec. 21. This load, Usibelli said in a Dec. 20 press release coal is destined to be burned in a different company's power plant than the cargo shipped to Chile in August. "Preliminary indications are that the first customer will take an additional" cargo load of coal in January, Usibelli said. The company attributed the significant interest in...
Anglo American Exploration (USA) Inc. completed phase 2 program of its exploration on Area 1 (Fish Lake-Dunite Hill Area) of the MAN Alaska property June 20, according to owner Nevada Star Resource Corp. A total of 7,330 feet of drilling was completed in eight holes. The MAN Alaska property is 164 miles southeast of Fairbanks and 248 miles northeast of Anchorage. Exploration by Nevada Star began in 1995 in this large area which is characterized by its extremely anomalous nickel, PGE, and gold concentrations. Exploration...
Coeur Alaska is just one permit away from receiving final approval for the underground Kensington gold mine about 46 miles northwest of downtown Juneau in Southeast Alaska. The U.S. Army Corps of Engineers issued a permit under the Clean Water Act on June 17 allowing mine tailings to be placed in Lower Slate Lake instead of constructing a dry tailings storage facility specified in the permit issued in 1998. On June 15, the U.S. Forest Service announced approval of a modified plan of operations for the mine, leaving only one...
Vancouver-based Abacus Mining and Exploration Corp. said May 17 that it has signed a letter of intent with Teck Cominco Ltd. for the purchase of Afton Operating Corp.'s milling and processing facilities, tailings storage areas, associated permits, and other infrastructure at the shut-in Afton Mine near Kamloops, B.C. The company also agreed to purchase Teck Cominco's back-in rights on the Abacus' Afton properties. Abacus also said Giroux Consultants has completed the preliminary resource calculations on the DM/Audra and...
On May 18 a methane gas explosion ripped through a Siberian coal mine where 132 miners were working, leaving one dead and 10 with burns and other injuries, the mine's director, Yuri Kurtabashev, told Itar-Tass. All 10 injured were hospitalized. "Ten out of 11 miners who stayed near the epicenter of the explosion were brought to surface. They have injuries and burns. One miner was killed," a spokesman for the Emergency Situations Ministry said. Previous reports said that the last miner was alive. The explosion hit section 5...
Freegold Ventures is planning a 2005 summer program on its Grew Creek epithermal gold deposit 22 miles west of the town of Ross River. The Yukon project is just over half a mile from the Robert Campbell Highway and the Whitehorse power grid. Freegold acquired the Grew Creek project last summer and has since completed 12 diamond drill holes predicated on a new geological theory that proposed mineralization trended north-south, as opposed to previous interpretations which assumed the mineralization trended east-west. "This new...
B.C. based Metalex Ventures Ltd. said in mid-March that it has two samples, collected 430 meters apart, that contain "exceptional concentrations" of fresh diamond indicator minerals in glacial till at its West Greenland project. The company said in a press release that the "G10 garnets from both samples plot in the same part of the Cr(2)O(3)-CaO diamond stability field as some G10 garnets that occur as inclusions within diamonds at the Finsch, Bultfontein, Roberts Victor, and several other African mines, as well as from G10...
Linux Gold Corp. and Teryl Resources Corp. said March 22 that they had agreed to extend the term of their original Fish Creek claims agreement until March 5, 2007, giving Teryl a 50 percent interest in 30 Fish Creek claims, which are within six miles of Kinross Gold Corp.'s Fort Knox mill. The Fish Creek claims are also adjacent to the Teryl/Kinross joint venture Gil claims. Other than this extension, all other terms of the original agreement remain the same, the companies said in a joint release from their Vancouver offices....
Calgary-based Golconda Resources Ltd., operator of the Shulin Lake diamond exploration joint venture, says it found micro-diamonds during its spring drilling program at the Southcentral Alaska property. The holes at the Shulin Lake project, which is about 25 miles due west of the Parks Highway and about 80 miles north of Anchorage, were drilled to test different areas of a circular structure visible on a satellite photo of the property. In an Oct. 6 statement, the company said 19 selected samples were sent to SGS Lakefield...
Coeur d'Alene Mines said it has received final approval on its allowable use permit from the Juneau Planning Commission for the Kensington gold project 45 miles north of Juneau, inside the city and borough boundaries. Coeur called the decision "a milestone permitting event." The company said it expects the final supplemental environmental impact statement and record of decision to be issued by the U.S. Forest Service in November. In June, Coeur said that results from a revised feasibility study using a new geologic model...
Expatriate Resources says it has struck a deal with Atna Resources to purchase Atna's 39.4 percent interest in the Wolverine joint venture in the Yukon Territory. The deal, if approved by regulators, gives Vancouver-based Expatriate 100 percent ownership in the precious metals deposit and surrounding exploration properties. Under the terms of the agreement, Expatriate will pay C$2 million in cash, issue 10 million shares and 5 million share-purchase warrants and provide a royalty on silver and gold production from the propose...
British Columbia's mining sector continued its five-year recovery trend last year and is on the brink of an Asia-fueled boom, according to an annual British Columbia mining study conducted by PricewaterhouseCoopers. An increase in coal, copper, silver, gold and lead prices helped to push total industry net income up 166 percent in 2003, reported the study, which was released in May. The Mining Industry in British Columbia - 2003, an annual survey and assessment of the mining industry's overall performance, summarized the...
Alaska miners who file their paperwork late will not immediately lose a mining claim, but would pay a penalty for the late filing under a bill that passed the Alaska Senate April 6 and was headed back to the House for concurrence on technical changes. House Bill 344, sponsored by Rep. Hugh Fate, R-Fairbanks, changes the current law that says if a miner misses the filing deadline for annual rental fees, statements of annual labor and production royalty for a mining claim, the claim is considered abandoned. Both the early March...
