The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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In November 1996, a little over 23 years ago, I began writing quarterly mining news summaries for the Society of Economic Geologists (SEG). Shortly after that, I began writing monthly summaries for this publication's ancestor, Mining News Alaska, and have continued both monthly, quarterly and annual mining news summaries ever since. With this summary, I have written my last Alaska update for North of 60 Mining News. When I wrote my first summary, Greens Creek was milling only...
Nova Minerals Ltd. Dec. 30 reported that initial metallurgical testing indicates strong gold recoveries from the Oxide Korbel deposit on its Estelle property in Alaska. The company had 25 samples from its drilling at Korbel analyzed for gold recoveries. With a 12-hour bottle roll test, 76 percent of the gold was recovered from one-kilogram samples. Nova said these results indicate the potential of establishing a low-cost, heap leach mining operation at Estelle, where the...
Ucore Rare Metals Inc. Dec. 23 announced that it is collaborating with an Ohio-based advanced material manufacturer to respond to an open request from the Pentagon for a strategic assessment of the domestic heavy rare earth element (HREE) market, in conjunction with an engineering evaluation of the viability of HREE separation capabilities at various sites within the United States. Materion Corp., Ucore's new Ohio-based colleague, is an advanced materials supplier with a...
TerraX Minerals Inc. Dec. 27 announced it has raised C$5 million for the continued exploration at its Yellowknife City Gold Project (YCGP) in Northwest Territories. YCGP encompasses 783 square kilometers (302 square miles) of gold prospective land immediately north, south and east of Yellowknife, the Northwest Territories capital. In November, TerraX announced a maiden resource estimate for YCGP that comprises 735,000 ounces of gold. Three deposits at YCGP – Crestaurum, M...
In 21 months, Osisko Metals Ltd. has boosted the mineral resource estimate for its Pine Point zinc-lead project near Hay River in Northwest Territories by 36 percent to 50 million metric tons, a critical milestone for base metal mining ventures. The Montreal-based junior is also generating new excitement about the brownfields project by reporting more high-grade assays and additional evidence of upside mineral potential on the 22,213-hectare (8,990 acres) property located...
With more than half of Alaska's entire population living within its region, Cook Inlet Region Inc., more commonly known as CIRI, is the most metropolitan of the 12 landholding Alaska Native regional corporations. While CIRI has leveraged its urban position with retail developments such as Tikahtnu Commons, an enormous retail and entertainment center on the outskirts of Anchorage, the Southcentral Alaska regional corporation also has oil and gas, renewable energy and mining...
With two Australian companies making major investments and several exploration companies from Down Under chomping at the bit to get into the field, 2020 is shaping up to be the best year for Alaska's mining sector in a decade. When you add up the investments South32 Ltd. plans to make in the Ambler Mining District and other exploration projects; Northern Star Resources Ltd.'s spending at the Pogo gold mine; and the exploration dollars at least five other Aussie companies are...
This author, in this column and elsewhere, has often taken the position that Alaska, especially in remote locations, is the safest, most environmentally-sound and worker-friendly mining location in the world. Alaska is endowed with world-class resources from one end of the state to the other. The associated jobs are well paid, and the industry is stable. Notwithstanding the view that some have of heavy industry as an eyesore, the remoteness of most operations puts them beyond...
