The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 301 - 325 of 3583
As trucks deliver Manh Choh ore, Kinross invests in near-pit resource growth, workforce growth in AK. Kinross Gold Corp. Feb. 17 reported that its Fort Knox Mine in Alaska produced 290,651 ounces of gold during 2023. While this is on par with the 291,248 oz produced in 2022, the company expects gold output from the Kinross Alaska mill at Fort Knox to rise sharply with the introduction of much higher-grade ore from the Manh Choh mine later this year. The nearly 300,000 oz of...
Alaska Energy Metals' 2023 drilling results in a fivefold increase in nickel within new resource. Incorporating the results from its inaugural drill program at Nikolai, Alaska Energy Metals Corp. has already outlined 8.1 billion pounds of nickel in the project's Eureka Zone, which is more than five times the quantity of this battery metal than was contained within the resource calculated last November. "With this updated mineral resource estimate, the Eureka deposit of the...
The world's first zinc mine to meet the high ESG standards to be awarded this mark of sustainability. Teck Resources Ltd.'s Red Dog Operations in Northwest Alaska is the world's first zinc mine to be awarded the Zinc Mark, a certification that the facility meets high environmental, social, and governance standards. Accounting for more than 4% of global zinc production – along with lead, silver, and germanium byproducts – Red Dog is the largest critical minerals mine in the...
Initial resource outlines thick zones of high-grade mineralization at the carbonate-hosted silver-zinc deposit on Western Alaska's Illinois Creek project. Western Alaska Minerals Corp. Jan. 22 reported a high-grade silver-zinc-lead resource for Waterpump Creek (WPC) that demonstrates the potential of the carbon replacement deposit (CRD) mineralized system that is believed to extend for more than five miles and serves as a foundation for further exploration and development acro...
Alberta-based firm is new Komatsu underground mining equipment dealer for Alaska and Canada. Mining companies in Alaska, British Columbia, and the Canadian territories will soon have another supplier of underground mining equipment. Alberta-based SMS Equipment has recently been selected as the official dealer of Komatsu underground hard rock mining equipment across most of Canada and in Alaska. "Komatsu and SMS Equipment have a shared goal of maximizing value to underground...
American West plans to expand high-grade resources, test discovery targets this year. American West Metals Ltd. Feb. 26 announced plans for 22,000 meters of resource expansion, definition, and exploration drilling this year at its high-grade Storm Copper project on Nunavut's Somerset Island. In mid-February, American West reported the first-ever industry-compliant resource estimate for Storm. According to this calculation, four deposits within a roughly 10-square-kilometer...
Zinc production is expected to trend downward as ore grades decline over the coming four years. Teck Resources Ltd. Feb. 21 reported that its Red Dog Mine in Northwest Alaska produced 1.19 billion pounds of zinc in 2023 and forecasts similar output this year. Starting in 2025, however, zinc production from this operation, which accounts for more than 4% of the world's supply of this galvanizing metal, is expected to begin dwindling. The company attributes the coming decrease i...
7 exploration returned mixed results for the Kensington Mine in Alaska, Silvertip project in BC. Coeur Mining Inc. Feb. 20 reported a slight drop in reserves but a significant rise in the amount of gold, silver, zinc, and lead reporting to resources across its four operating mines and two advanced exploration projects. This includes modest resource growth at its Silvertip silver-zinc-lead project in Northern British Columbia and a slight drop of gold in resources at its...
One hole cut 0.68 meters of 1,335 g/t gold on the northwest side of the Homestake Silver deposit . Dolly Varden Silver Corp. Feb. 12 reported that its 2023 drilling discovered a high-grade gold zone extending off the northwest end of the Homestake Silver deposit on the north side of the company's Kitsault Valley project in Northern British Columbia. Lying about 40 kilometers (25 miles) southeast of Stewart, B.C., the 63-square-mile (163 square kilometers) Kitsault Valley...
Company expands Keno Hill and Lucky Friday reserves, readies Greens Creek for the next jump. Hecla Mining Company Feb. 13 reported that its 2023 exploration resulted in the second-highest silver reserves and the largest gold resource ever for the Idaho-based company. "Hecla's silver reserves are the second highest in our 133-year history at 238 million silver ounces and only 1% less than last year's all-time highest reserve, and gold resource is the highest in our history," sa...
Northern Star Resources Ltd. Oct. 19 reported that its Pogo Mine produced 66,655 ounces of gold during the final three months of calendar year 2023, which lifted the Alaska operation's output for the year to 259,573 ounces. "The Pogo team are enduring negative 40-degree days in Alaska but have maintained strong momentum in operational improvements with quarterly gold sales of 66,000 ounces and an all-in-sustaining costs of US$1,367 an ounce," Northern Star Resources Managing...
Nations Royalty is positioned to be Canada's largest business majority owned by a First Nation, significant player in realm of mining royalties. Leveraging royalties it has received through benefits agreements for mine projects in Northern British Columbia, the Nisga'a Nation is forming a Canadian First Nations mining royalty company for Indigenous people. The Nisga'a Nation's lands and treaty area covers nearly 27,000 square kilometers (10,400 square miles) at the southern...
Vital Metal Ltd. Feb. 7 reported that results from its 2023 drill program at Nechalacho continue to show the potential to upgrade and expand upon shallow, high-grade rare earth element mineralization within the Tardiff deposit on the project about 110 kilometers (70 miles) southeast of Yellowknife, Northwest Territories. In 2021, the Australia-based company began mining high-grade ore from the North T deposit, which was upgraded in preparation for shipping to Saskatchewan for...
Company now seeking higher-grade sweet spot of enormous gold system affirmed with 2023 drilling. Tectonic Metals Inc. Feb. 7 reported that all 19 holes drilled during its inaugural program at the Chicken Mountain target on the Flat project in the Kuskokwim region of Southwest Alaska cut intrusion-related gold mineralization similar to what is being mined at Kinross Gold Corp. Fort Knox mine near Fairbanks, Alaska. Located about 25 miles (40 kilometers) north of the...
Ascot raises $96.6 million to ramp Northern BC gold-silver mine to steady production; workers achieve impressive safety milestone. With the price of gold holding steady above $2,000 per ounce, Ascot Resources Ltd. is wrapping up the development of its Premier Mine and expects to pour the first gold at this newest iteration of the historic Northern British Columbia operation in April. "With project construction nearing completion and early commissioning underway, we eagerly ant...
Freegold Ventures Ltd. Feb. 7 reported that high-grade gold assays from its 2023 drill program at Golden Summit reaffirm the expansion potential west of the 20-million-ounce Dolphin-Cleary gold deposit on this road-accessible project about 25 miles north of Fairbanks, Alaska. According to an early 2023 calculation, the Dolphin-Cleary deposit hosts 407.54 million metric tons of open-pit mineable indicated resource averaging 0.92 grams per metric ton (12 million oz) gold, plus...
As a mineral-rich Canadian province and a top global hub for mineral exploration and mining, British Columbia has the geology and technical expertise to be a global powerhouse when it comes to supplying the minerals and metals needed for the clean energy transition. Canada's westernmost province, however, has been lagging many of its mining peers when it comes to a cohesive strategy to take full advantage of the generational opportunity on its doorstep. The provincial...
Seabridge Gold Inc. Feb. 5 reported that a recalculation based on block cave mining methods has significantly expanded the quantities of gold, copper, and silver within the Iron Cap and Kerr deposits at its world-class KSM project in British Columbia's Golden Triangle. In 2022, Seabridge published the results of a prefeasibility study for open-pit mining of the Mitchell, East Mitchell, and Sulphurets deposits at KSM that would produce an average of more than 1 million ounces...
Nighthawk Gold Corp. Jan. 29 announced that its merger with Moneta Gold Inc. is on track for completion on Feb. 6. First announced in late November, the merger would result in a stronger gold exploration company with two Canadian projects in the near development stage, Nighthawk's Colomac gold project on the Indin Lake property in Northwest Territories and Moneta's Tower gold project in Ontario. A preliminary economic assessment prepared for Nighthawk last April outlines plans...
American West Metals Ltd.'s 63-hole resource definition and exploration drill program at Storm Copper in 2023 has culminated in an inaugural resource estimate containing 452 million pounds of copper and 1.9 million oz of silver at this high-grade project on Nunavut's Somerset Island. Since optioning the project from Aston Bay Holdings Ltd. in 2021, American West has been systematically expanding the near-surface high-grade copper zones identified within a roughly...
Alaska Energy Metals Corp. Jan. 30 provided a recap of a busy first year of business and an outlook for its 2024 plans at the Nikolai nickel-cobalt-copper-platinum group metals project in Alaska. Drawing on CEO Greg Beischer's nickel exploration background, the management of Millrock Resources Inc. decided to set aside the project generator mineral exploration model and refocus the company on exploring large deposits of nickel and associated metals needed for the transition...
Nova Minerals Ltd. Jan. 29 reported that the expansive surface exploration program carried out last year at Estelle has discovered another high-grade gold prospect with associated copper on the 198-square-mile (513 square kilometers) property in Alaska. Led by Nova Minerals Head of Exploration Hans Hoffman, the 2023 surface exploration program included extensive mapping and the collection of 674 soil, 446 rock, and 21 stream sediment samples from across the district-scale...
New heavy equipment operator training center equipped with cutting-edge simulators to train Tahltan residents for careers close to home. Northwest British Columbia residents now have a safe and virtual environment for heavy equipment operator training thanks to the new TNDC Training Centre equipped with four simulators that was unveiled by Tahltan Nation Development Corp. at the AME Roundup mining convention in Vancouver, British Columbia, on Jan. 24. "We are thrilled to...
Underestimated costs in feasibility, inflation push development costs higher; mine remains on pace to pour first gold during Q1 2025. With construction ahead of schedule, B2Gold Corp. says its Back River gold project in Nunavut remains on track to pour its first gold early in 2025. Costs, however, are tracking approximately 30% higher than was estimated, which is expected to push the final price tag for mine development north of C$1 billion (US$750 million). Last April,...
Vital Metal Ltd. Jan. 24 provided an update on its exploration and development strategy for the Nechalacho rare earths project in Northwest Territories. The Australia-based company began mining rare earths from a small, high-grade deposit at Nechalacho in 2021. However, technical and financial difficulties led Vital to rethink its previous strategy to establish a relatively small mine at Nechalacho and rare earths processing plant in Saskatchewan. Upon completion of a...
