The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 11 of 11
One year after going public, Chieftain Metals Inc. is blazing a trail through roadblocks that impeded past efforts to re-open the historical Tulsequah Chief Mine, a precious metals-rich volcanogenic massive sulfide project on British Columbia's western border about 65 kilometers (40 miles) northeast of Alaska's capital city of Juneau. A C$20 million initial public offering that closed in December 2010 provided Chieftain with the funds needed to put the project back on the...
After an extremely busy, productive year, the final weeks of 2011 and the first few weeks of the New Year were remarkably quiet for Alaska's mining industry. But not to worry, it appears to be just a pause, while everyone catches their breath before heading into what promises to be another eventful year. While reading the plentiful (and sometimes bizarre) end of year reviews and forecasts, I came upon one that surprised me. In a Dec. 30 news release, Reuters noted that gold...
It is axiomatic that the price of liberty is eternal vigilance, and we who stand watch over America's mining industry know all too well that there is little the Detractors would rather do than to shut down this and all other basic manufacturing sectors. Witness a recent op-ed in the New York Times wherein Alaska's very own Carol Ann Woody advocated doing away with the General Mining Law of 1872 because, among other reasons, the Kensington Mine was allowed to go forward. Now I have not personally made the acquaintance of Ms....
After seeing the movie "Top Gun" some years ago, I've often wondered what the U.S. military could be thinking to turn over $30 million fighter jets, not to mention world peace in many cases, to the dubious discretion of testosterone-laden young men. "The Debrief Imperative," is a new management manual written by a former fighter pilot and his business partner. Subtitled "Fighter Pilots and The Secret Tool That Is Transforming Businesses The World Over," the book was written by best-selling author James D. Murphy and William...
Ocean Park Venture Corp.'s 2011 exploration at the Chisna project in eastern Alaska has revealed Golden Range, a district-scale iron-carbonate zone rich in gold, copper and silver. Grab samples from this iron-carbonate zone that has now been traced for more than 12 kilometers (7.5 miles) have returned assays as high as 126.5 grams per metric ton gold and 17.7 percent copper; and one drill intercept averaging 681 g/t silver over 2.7 meters. Optioning the Chisna property from...
In the shadow of two new producing mines and startup of a gold mine on the near-horizon, a mega-mine project is quietly taking shape in a remote area of central Yukon Territory. The sprawling Casino property, where Western Copper and Gold Corp. has spent the past five years aggressively exploring and defining a huge copper-gold-molybdenum-silver resource, is proving to be an attractive venture that could transform the territory's mining industry, delivering within the next few years 1,800 construction jobs over four years...
One byproduct of the recent revival of the mining industry in Yukon Territory is the ongoing success of the rehabilitated Skagway Ore Terminal at Alaska's Port of Skagway. Originally built in 1968 to accommodate ore shipments form Yukon's Faro lead-zinc mine, the terminal closed in 1997 after the Faro Mine ceased operations due to unfavorable market conditions. Purchased by the Alaska Industrial Development and Export Authority from White Pass Railway in 1993, the terminal, after substantial renovation, resumed shipping ore...
International Tower Hill Mines Ltd. has pushed back the publication of a prefeasibility study for its Livengood gold project to sometime later this year. While the PFS has been delayed by about six months, the company says it is still on track to begin recovering gold from the Interior Alaska project in 2018 maybe earlier. Tower Hill said that while the bulk of engineering studies have been completed, a review of the preliminary economic assessment revealed some areas of...
While most companies exploring the mineral potential of Alaska and other Far North locales have stacked their drills, winterized camps and are poring over data from their 2011 programs in preparation for the upcoming exploration season, Freegold Ventures Ltd. continues its field program with drills turning at its Golden Summit project in the heart of Interior Alaska. "We just resumed drilling this week with one rig and expect to add the second one early next week," Freegold...
Yukon Territory is poised to take its largely successful campaign to attract and encourage a robust mining industry to the next level by developing a new center for mineral research and mine training in the North. Yukon College, the territory's focal point for higher education and training, is conducting a yearlong study of the feasibility of establishing a Centre for Northern Innovation in Mining. The proposed center would offer accredited programing in mining and related technology and conduct, in collaboration with...
The value of mineral production in Yukon Territory is expected to soar in 2013 to more than C$1 billion when the third of three producing mines hits its stride with commercial output of about 1,700 metric tons per day. The territory, meanwhile, is enjoying the economic benefits of having three high-paying and big spending mines in operation. In 2011 the value of mineral production at Capstone Mining Corp.'s high-grade Minto copper-gold-silver mine, Alexco Resource Corp.'s Bellekeno silver-lead-zinc mine and Yukon Zinc...
