The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 176 - 200 of 3528
Marks first time ever that U.S. and Canadian governments co-invest in development of North American critical mineral projects. The U.S. Department of Defense (DOD) and Natural Resources Canada (NRCan) are investing a combined $12 million into establishing a vertically integrated critical minerals supply chain in Canada that includes a mine at Fortune Minerals Ltd.'s NICO cobalt-gold-bismuth-copper project in Northwest Territories and associated hydrometallurgical refinery in...
Chair Catherine Boggs will fill vacancy as company seeks new executive for largest silver producer in the U.S. After nearly 23 years serving as president and CEO of Hecla Mining Company, Phillips Baker Jr. suddenly stepped down as the top executive of the silver-focused mining company with operations in Alaska, Idaho, Quebec, and Yukon. "I would like to thank Phil for his years of service and valued contributions to Hecla and the silver industry overall," said Hecla Chair...
This year's drilling will test high-grade CRD silver-zinc-lead resource expansion targets extending southwest from Waterpump Creek. Western Alaska Minerals Corp. May 30 announced that crews have arrived at the Illinois Creek camp in preparation for a drill program focused on expanding the high-grade Waterpump Creek silver-zinc-lead deposit into a much larger carbonate replacement deposit (CRD) mineralized system that extends more than 3.5 miles (six kilometers) to the past...
Company sees enormous potential at overlooked project in Northern Canada. White Cliff Minerals Ltd. May 28 said it is excited about carrying out discovery level exploration of the highly prospective Nunavut Copper-Gold-Silver project in the northern Canadian territory. Lying near the Northwest Territories border, the Nunavut Copper-Gold-Silver project covers 805 square kilometers of (311 square miles) highly prospective mineral showings with massive bornite-chalcocite,...
Gold exploration company is working with Tlicho Investment Corporation to power NWT camp with renewable energy. STLLR Gold Inc. and the Tlicho Investment Corporation (TIC) May 29 announced that the Canadian Northern Economic Development Agency (CanNor) is providing C$619,625 (US$453,320) to install solar panels and battery storage to power the camp at STLLR's Colomac gold project in Northwest Territories. "The solar farm will supply most of our camp's power requirements,...
BHP backed drill program is focused primarily on testing new porphyry copper-gold targets. Brixton Metals Corp. has launched a 12,000- to 17,000-meter drill program focused on testing several porphyry copper-gold targets across its 2,863-square-kilometer (1,105 square miles) Thorn project in Northern British Columbia. Having successfully completed an oversubscribed C$14.5 million (US$10.6 million) financing in November that included the participation by BHP Group, which holds...
Panther Minerals takes fresh look at Boulder Creek as a potential source of fuel for zero-carbon nuclear energy. With global leaders pledging to triple worldwide nuclear energy generating capacity by 2050 during the United Nations Climate Change Conference (COP28) and the United States banning the imports of uranium from Russia, companies are scouring the globe for this zero-carbon energy fuel. This search includes Panther Minerals Inc.'s upcoming exploration of the Boulder...
Mining executives rank Alaska, Yukon, B.C., NWT, and Nunavut high on mineral potential; mining policy issues, however, weigh on "Investment Attractiveness Index" in latest Fraser Survey. While global mining executives ranked Alaska, British Columbia, Northwest Territories, Nunavut, and Yukon in the top 20 when it comes to mineral potential, a not-so-favorable view on mining policy weighs on the investment attractiveness index of all these North of 60 Mining jurisdictions in...
With $10 million in the bank, company will focus its 2024 drilling on expanding and upgrading copper-gold resources at the Alaska project. U.S. GoldMining Inc. May 22 reported that its upcoming drill program at Whistler will focus on resource upgrade and expansion drilling at the Whistler and Raintree deposits on this porphyry copper-gold project about 105 miles northwest of Anchorage, Alaska. "We are excited to commence our 2024 exploration program at the Whistler...
Dolly Varden starts off 2024 program by testing silver and gold exploration targets. Dolly Varden Silver Corp. May 21 announced that it has three drills turning at Kitsault Valley, marking the company's earliest start ever at the gold-silver project about 40 kilometers (25 miles) south of Stewart, British Columbia. "With drilling already underway, our 25,000-meter program is the earliest startup for of any season for Dolly Varden Silver and we look forward to building on...
Agrees to sell Golden Zone, Amanita projects for up to $3.4 million in cash and Contango Ore shares. Avidian Gold Corp. May 2 announced that it has entered into a binding agreement to sell its Alaskan subsidiary, Avidian Gold Alaska Inc., to Contango ORE Inc. for US$2.4 million (C$3.3 million), plus a potential future payment of US$1 million (C$1.4 million) if Contango takes either of Avidian's Alaska assets to a production decision. "This transaction is a win-win,...
From 25% tariffs on graphite imports from China to mining being eligible for $72B in clean energy loans, Alaska project gets good news from DC. Graphite One Inc. President and CEO Anthony Huston was among a select group of industry leaders in attendance when President Joe Biden rolled out his plan to levy heavy tariffs on a wide range of goods from China, including natural graphite. "I was honored to represent everyone at Graphite One in the meeting with President Biden,"...
Mining companies say provincial order is final nail in the coffin for the NW BC jade industry. British Columbia has banned any new jade mines in the northwestern corner of the province and has given companies mining this semi-precious stone in the area a five-year window to wind down operations. Provincial concerns over jade mining in northwestern B.C. began after receiving a 2020 letter from the Tahltan Central Government demanding the government take immediate steps to shut...
Company now expects to pour first gold in Q2 2025; is recalculating total development costs for mine. With mining falling slightly behind schedule, B2Gold Corp. now expects to pour the first gold at the Goose mine on its Back River project in Nunavut sometime during the second quarter of 2025, slightly behind the first quarter start originally anticipated. The company, however, also reports that its winter ice road project to deliver equipment, fuel, and supplies was a...
Northwest Alaska Native corporation disengages from proposed road; will continue to defend right to build future road to the Ambler Mining District. The Ambler Road suffered another setback with NANA Regional Corporation's decision to withdraw its involvement with the proposed 211-mile industrial access to the mineral-rich Ambler Mining District within the NANA region of Northwest Alaska. NANA, which owns lands within the Ambler District enriched with copper, cobalt, and...
Secures right to explore prospective gold expansion targets to the west of pending NW Array resource. Felix Gold Ltd. May 16 announced that it now has the ability to explore expansion targets adjacent to the Northwest Array (NW Array) gold target on its Treasure Creek project about 12 miles north of Fairbanks, Alaska. Felix began assembling a large land package covering gold prospects in the Fairbanks Mining District during 2020. A compilation of historical data and...
Trade groups are incensed; many Alaska Natives feel ignored; DC delegation and governor vow to fight what is seen as a "politically motivated" ruling. Politically motivated, Illegal, hypocritical, irresponsible, unacceptable, and disgusting; this is how Alaska business leaders, policymakers, and Natives are characterizing the Biden administration's denial of permits to build a road that would link the critical mineral-rich Ambler Mining District to North American markets. "To...
Northern Star drills high-grade gold in East Deep deposit at SE end of underground development. Northern Star Resources Ltd. May 2 reported a slight drop in gold reserves and resources at its Pogo mine in Alaska. According to the new calculation, Pogo hosts 9.99 million metric tons of indicated resource averaging 9.8 grams per metric ton (3.14 million ounces) gold and 10.5 million metric tons of inferred resource averaging 10.5 g/t (3.43 million oz) gold. This overall mineral...
5-person camp will serve as headquarters for 2024 exploration at Teck, Korea Zinc's Cirque project. ZincX Resources Corp. April 30 announced that Teck Resources Ltd. is renting its Akie camp to support mineral exploration in Northern British Columbia. The Akie camp was established to support exploration along ZincX's expansive land package that includes 11 zinc exploration properties covering a 140-kilometer- (87 miles) long stretch of the Kechika Trough in northcentral B.C....
First-ever Ranch-Lawyers combined resource will serve as basis for a PEA that outlines preliminary mine plan for merged Northern B.C. properties. Thesis Gold Inc. May 1 reported that its Lawyers and Ranch properties in Northern British Columbia now host a combined 82 million metric tons of measured and indicated resources averaging 1.11 grams per metric ton (2.92 million ounces) gold and 31.9 g/t (84 million oz silver, or 4 million oz gold-equivalent). "Today's combined...
Buyout will bring Johnson Tract into Contango Ore's pipeline of high-quality Alaska gold mine projects. In a deal that brings three high-quality Alaska gold projects into a single portfolio, Contango ORE Inc. has entered into a definitive agreement to acquire HighGold Mining Inc. in an all-shares deal valued at roughly $37 million (C$55 million). "The combination of HighGold and Contango makes a tremendous amount of strategic sense for both sets of shareholders – it is a t...
Northwest Alaska mine produces 319.7 million lb of zinc during the first three months of the year. Teck Resources Ltd. April 25 reported that its Red Dog mine produced 145,000 metric tons (319.7 million pounds) of zinc and 25,400 metric tons (55.8 million lb) of lead during the first quarter, which puts the Northwest Alaska operation on pace to come in at the upper end of the company's annual production projections for both metals. Red Dog's first-quarter zinc output is about...
Meliadine and Amaruq produce 223,500 oz gold; company encouraged by Hope Bay drill results. For Agnico Eagle Mines Ltd., the remote but highly mineralized territory of Nunavut offers high rewards, as long as the high risks that come with building and operating mines in Canada's remote North are managed. Given the nearly 900,000-ounce-of-gold-per-year pace of production at its Meliadine and Amaruq mines so far this year, coupled with new gold discoveries that bode well for its...
Early results from MLEM survey unveiling resource expansion targets at high-grade copper project. American West Metals Ltd. May 7 reported that preliminary results from a moving loop electromagnetic (MLEM) geophysical survey at Storm has identified new anomalies that indicate strong potential for resource expansion at this high-grade copper project in Nunavut. "The initial data from the Moving Loop Electromagnetic (MLEM) survey has been received and is highlighting new...
Less ore through the mill and lower grades impact production; Manh Choh remains on track for Q3. Kinross Gold Corp. May 7 reported that its Fort Knox Mine in Alaska produced 53,350 ounces of gold during the first quarter of 2024, which is a 37% drop from the 84,215 oz produced during the previous three-month period and 18% lower than the 65,387 oz produced during the first quarter of 2023. Due to the effects of cold weather on recoveries from the heap leach pad, a drop in...
