The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 351 - 375 of 3583
Steadfast output at Greens Creek helps keep silver output steady as other Hecla mines overcome hurdles. Despite setbacks at its Lucky Friday and Keno Hill mines, Hecla Mining Company produced 14.3 million ounces of silver in 2023, which was slightly higher than the company's 2022 production of this precious technology metal, thanks in large part to the steadfast output at its Greens Creek operation in Southeast Alaska. "Hecla faced multiple challenges in 2023 with the fire at...
With the roughly $19 billion buyout of Newcrest Mining Ltd., Newmont Corp. has added two operating mines to its already impressive portfolio of gold and copper assets in the Golden Triangle region of Northern British Columbia. "By combining the two existing Newcrest operations, Brucejack and Red Chris, with Newmont's Saddle North and Galore Creek projects, a Tier 1 district in the highly prospective Golden Triangle region of British Columbia will be created – a district in w...
Lying just deep enough into the mining frontier that value of its world-class deposits copper, gold, silver, nickel, and other metals has not been fully realized, yet home to the industrial-grade hydropower, road access, and Pacific Rim ports needed to unlock its vast mineral potential, Northern BC is well-positioned to be a major source of precious, base, and critical metals in the 21st century. This particularly mineral-rich section of the Canadian Cordillera also happens...
Teck Resources Ltd. went into 2023 with a strategy to better position for the energy transition by spinning its steelmaking coal unit into the newly formed Elk Valley Resources, and advancing its copper- and zinc-forward metals assets under a rebranded Teck Metals Ltd. This proposed reorganization, however, was stymied by an aggressive takeover bid by Glencore that wanted to incorporate Teck's coal and metals assets into its own reorganization plans. While Teck fended off...
The more than 34,000 meters of drilling carried out last year at Golddigger significantly increased the size and grade of two already identified zones – Surebet and Bonanza Shear – and added the new Golden Gate Zone to the stacked vein systems on Goliath Resources Ltd.'s emerging world-class gold-silver project about 30 kilometers (19 miles) southeast of Stewart, British Columbia. "After only three drilling seasons and only 12 months in aggregate of boots on the ground, our...
Following up on a banner 2023, G1 is accelerating its strategy to build a graphite supply chain in the U.S. Graphite One Inc. Jan. 2 provided a recap of a landmark year in 2023 that positions the company to accelerate its plans to establish an all-American graphite materials supply chain that will include a mine at the company's Graphite Creek project in western Alaska and an advanced graphite processing and recycling plant in Washington or somewhere else in the "Lower 48"...
Is it time for BC, Yukon, Alaska to forge an alliance to unlock critical mineral wealth, usher in new era of prosperity in the 21st century? The extremely mineral-rich geology that sweeps in a roughly 1,500-mile (2,600 kilometers) arc from the southern tip of British Columbia's Golden Triangle, through the Yukon, and onward to Alaska's west coast does not recognize the borders it spans. Likewise, the opportunities and challenges related to unlocking the precious, industrial, a...
Alaska Energy Metals Corp. Jan. 4 reported that the mapping, sampling, and geophysics carried out at Nikolai during 2023 has identified three intriguing targets with the potential for nickel-rich massive sulfide mineralization on this 23,361-acre (9,454 hectares) project about 80 miles (130 kilometers) southeast of Delta Junction, Alaska. So far, Alaska Energy has focused its exploration on the Eureka Zone, an enormous band of disseminated sulfide mineralization enriched with...
From breaking ground at Alaska's next gold mine to the advancement of North of 60 projects focused on delivering the metals needed for the transition of low-carbon energy, and an impressive safety milestone at Alaska's only coal mine to a history of the helicopters that make mineral exploration across the North possible, here is a countdown of the 10 most popular North of 60 Mining News articles in 2023: No. 10 - CORE celebrates Manh Choh, Lucky Shot Contango Ore Inc., a...
With its 2022 drilling firmly establishing the Waterpump target at Illinois Creek as a significant carbonate replacement deposit carrying high-grade silver and zinc, Western Alaska Minerals Corp. focused its 2023 program on establishing an inaugural resource and demonstrating the deposit's expansion potential. Discovered by Anaconda in 1982 and further explored by Novagold Resources Inc. in the early 2000s, Waterpump Creek hosts 166,000 tons of historical resource averaging...
Beginning the year with a nearly 55% increase in gold production at its Eagle Gold mine, Victoria Gold Corp. could never have predicted nearly half a month of downtime due to ongoing wildfires that approached as close as four kilometers (2.5 miles) to its facilities. Despite this close call, gold production remained higher than in 2022 by third-quarter calculations, and exploration of its growing Raven deposit has the company prepped and ready for an updated resource...
With the successful completion of a US$20 million initial public offering in April 2023, U.S. GoldMining Inc. immediately set out to explore Whistler, an advanced staged copper-gold-silver project in Alaska. Lying adjacent to Nova Minerals Ltd.'s Estelle gold project about 100 miles northwest of Anchorage, the 42,000-acre Whistler property hosts 118.2 million metric tons of indicated resource averaging 0.51 grams per metric ton (1.94 million ounces) gold, 2.19 g/t (8.3...
With its sights set on establishing a large volcanogenic massive sulfide deposit with the potential to outshine its contemporaries in Alaska's Ambler Mining District, Valhalla Metals Inc. launched its inaugural drill program at the Sun copper-zinc-silver-gold project in 2023. After working behind the scenes to secure Sun and Smucker – VMS projects at opposite ends of the highly mineralized Ambler District in Northwest Alaska – Valhalla raised C$10.2 million (US$7.5 mil...
The August merger of Benchmark Metals Inc. and Thesis Gold Inc. consolidates two very promising gold-silver properties in Northern British Columbia's Toodoggone Mining District into a single 325-square-kilometer (125 square miles) land package with near term mining and longer term exploration potential that will likely attract the attention of majors. "This merger has given rise to an expansive district-scale development and exploration endeavors, characterized by remarkable...
Continuing to build upon a strong partnership it has built with Doyon Ltd., the Alaska Native regional corporation for Interior Alaska, Tectonic Metals Inc. launched its first drill program at the recently acquired Flat gold project in Southwest Alaska last year. "Our inaugural 2023 drill program is all about unveiling the tier one potential of the Flat gold project," Tectonic Metals President and CEO Tony Reda said as the company was gearing up for the August start of a...
Since emerging on the Alaska mineral exploration scene in 2021, Felix Gold Ltd. has amassed more than 150 square miles of gold-enriched properties in the Fairbanks Mining District and is working toward establishing an inaugural resource at one of the most prospective gold targets discovered so far on this enormous land package. As Felix carries out systematic drilling to outline an at-surface gold-antimony resource at the NW Array target on its Treasure Creek property about...
With gold production on the rise and costs dropping at Pogo, Northern Star Resources Ltd. is focused on outlining resources and reserves to support the next decade of mining at its high-grade underground operation in Alaska. After the 2022 expansion of the mill to a nameplate capacity of 1.3 million metric tons per year, Northern Star has been working to ramp up gold production at Pogo to 300,000 ounces per year. The 81,322 oz of gold poured during the second quarter of...
With the high-grade Snip gold project fully pulled back into its portfolio, Skeena Resources Ltd. is now considering a mine at Eskay Creek that would process ore from both of the company's historic high-grade gold projects in British Columbia's Golden Triangle. Skeena acquired both Snip and Eskay Creek from Barrick Gold Corp. under an option agreement entered into in 2016 and 2017, respectively. Over the ensuing six years, Skeena has focused most of its resources on...
Carrying forward a two-decade legacy of building gold resources faster than issuing shares, Seabridge Gold Inc. focused its 2023 exploration primarily on the Iskut gold-copper property in Northern British Columbia and high-grade 3 Aces project in the Yukon. Going into 2023, Seabridge had 170.8 million ounces of gold in resources and reserves, a 997% growth since 2003. Over that same span its outstanding shares have only increased by 195%. Along with this gold, Seabridge has...
From neighboring gold explorers merging to create a district-scale project that will likely be attractive to majors, to Glencore making an aggressive bid to buyout Teck Resources Ltd., 2023 was a year of North of 60 mergers, acquisitions, and attempts at takeovers. The multi-billion-dollar M&A frenzy across Alaska and Canada's North was underscored by B2Gold's roughly C$1.1 billion (US$820 million) acquisition of Sabina Gold & Silver Corp. and the Back River Gold Mine project...
Looking to push the gold resource on its Estelle property in Alaska above the 10-million-ounce mark, Australia-based Nova Minerals Ltd. launched a 15,000-meter drill program in July targeting the higher-grade gold mineralization in the RPM and Train areas at the southern end of the district-scale property. In April, the company reported that Estelle had been expanded to 1.1 billion metric tons of global resource averaging 0.3 grams per metric ton (9.9 million oz) gold. While...
Thesis Gold Inc. Jan. 11 reported that its 2023 deep drilling targeting an underground mineable extension of the Cliff Creek deposit at its Lawyers exceeded expectations, adding further credence to the company's plan for both underground and open-pit mining at this gold-silver property in Northern British Columbia's Toodoggone Mining District. Following the August merger with Benchmark Metals Inc., Thesis consolidated Lawyers with its adjacent Ranch property into a single...
American Pacific reports four of the most significant copper intercepts at Palmer to date. American Pacific Mining Corp. Jan. 10 reported multiple holes with spectacular copper grades over wide widths at Palmer, a volcanogenic massive sulfide project near the port town of Haines in Southeast Alaska enriched with zinc, copper, gold, and silver. According to a 2018 calculation, the Palmer project hosts 4.68 million metric tons of indicated resource averaging 5.23% (539 million...
SW Alaska deposit hosts 2-million-oz gold deposit; DAF plans to reconfirm historic resource, explore project's upside potential. Discovery Alaska Ltd. Jan. 5 announced it has secured a 15-year lease on the 2-million-ounce Vinasale gold project in Alaska. Located about 16 miles south of the Southwest Alaska mining town of McGrath, Vinasale is a roughly 6,500-acre project owned by Doyon Ltd., the Alaska Native Claims Settlement Act (ANCSA) regional corporation for the state's...
Graphite One Inc. Jan. 8 reported the final batch of high-grade drill results from the 57-hole drill program carried out during the 2023 season at its Graphite Creek project in western Alaska. Backed by a $37.5 million grant from the U.S. Department of Defense, the 2023 drill program included 52 holes focused on upgrading the world-class Graphite Creek deposit, plus five geotechnical holes, in preparation for a feasibility study to be completed by the end of this year....
