The mining newspaper for Alaska and Canada's North
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Ottawa's rejection of Taseko Mines Ltd.'s C$1-billion proposal to build a mine at the Prosperity copper-gold project has highlighted the importance of having the support of the local indigenous people when permitting a mine. "In the 21st century, it is extremely difficult, if not impossible, for industrial projects to proceed if local communities and indigenous peoples have deep concerns," said Dan Jepsen, former president and CEO of the Association for Mineral Exploration...
The last half of December and the first half of January are normally relatively slow for business in the mining industry, in general, and in Alaska, in particular. The last two weeks this December were a bit slower than the first two weeks of the month but if anyone was thinking that January 2011 was going to creep silently into being, they were sadly mistaken! With metals prices heading toward recent and, in some cases, historical highs, there seems to be a sense of urgency...
Unlocking Alaska's vast mineral resource has been at the top of Gov. Sean Parnell's agenda since being elected to his first full term as the state's governor in November, a position he reiterated during his Jan. 19 State of the State address. "Without liberty, we cannot have a strong economy. So let's take stock of our economy and what we must do to keep it sound. Of course, there are many topics we could discuss: gasline, the university, fish. All are important, but tonight...
Victoria Gold Corp. made considerable progress in 2010 toward building a gold mine at its Eagle Gold Project in central Yukon Territory, including reinforcing a pledge of environmental responsibility to the First Nation of Na Cho Nyak Dun with a quick trip across the border to Alaska. Managers of the Toronto-based junior invited members of the First Nation of Na Cho Nyak Dun to tour a new heap leach processing project at the Fort Knox gold mine hundreds of miles to the west near Fairbanks. The reason? If all goes well, Victor...
Since time immemorial, the bankruptcy of California and the other Ecotopian states of the left coast has been foretold. California is no more economically sustainable as a political entity than Megatropolis, the urban complex bounded by Boston on the north and Richmond, Va. on the south, primarily because their industrial and manufacturing support bases in each instance have been overwhelmed by non-productive drones, dependent upon others for sustenance. California has now...
Two years after explorers stampeded to Yukon Territory in search of gold and other minerals the rush is showing no sign of abating. In fact, the exploration frenzy appears to gather fresh steam with every new mineral discovery reported in the territory. And the pipeline of discoveries is flowing, fast and furious. Junior mining companies and prospectors also continued to stake hordes of claims in 2010 right up to Dec. 23, stopping only when Government of Yukon mining recorders called a halt for the holidays. The excitement su...
Though drilling at Pure Nickel Inc.'s Man project continues to cut long sections of nickel mineralization, two other metals - platinum and palladium - grabbed the spotlight during the Toronto-based junior's 2010 exploration of the 290-square-mile-, or 750-square-kilometer, Interior Alaska project. The 6,687-meter drill program encountered two platinum group element-enriched horizons stretching along the property's Alpha complex that appear to share similarities with other...
Mining exploration activity in northern British Columbia approached record levels in 2010 with explorers setting a new drilling record and spending about C$168 million in pursuit of a wide range of minerals, including gold, copper, silver, molybdenum, and rare earth elements, according to a top provincial geologist. Paul Wojdak, regional geologist for the Northwest Region of British Columbia's Ministry of Energy, Mines and Petroleum Resources, said the major good news mining story in 2010 for central and northern British...
Contango Oil & Gas Co., an exploration and production company focused primarily on petroleum resources in the shallow waters of the Gulf of Mexico, has turned one eye toward Alaska. Acquiring a large land package that is prospective for gold in the eastern Interior as well as six rare earth element prospects across the state, the Houston-based independent has spun out Contango ORE Inc., or Core, to explore its northern mineral assets. "Core has leased or filed mining claims...
Terrence Chandler, former CEO of Redfern Resources Ltd., has joined Chieftain Metals Inc., a newly created company focused on re-opening the Tulsequah Chief Mine, a precious metals-rich volcanic massive sulfide deposit on British Columbia's western border, about 40 miles, or 64 kilometers, northeast of Juneau. Chandler serves as executive vice president of the company. In his former role at Redfern, he spent some 20 years working on exploration, permitting and development of...
Some 180 kilometers, or 112 miles, northeast of Nunavut's only producing gold mine is a huge swath of land that could become a potentially significant new gold district. That is, if North Country Gold Corp., the junior tasked with unlocking the secrets of this gold-rich region, succeeds in its current exploration campaign. North Country Gold owns 100 percent of the mineral rights to explore the 225,569 hectares, or 557,323 acres, in the 216 active mineral claims and 14 mineral leases that comprise the land package. Spun out...
The Ambler Mining District, a mineral-rich region of Northwest Alaska, is getting renewed attention in 2011. While two exploration companies expand their copper-rich volcanogenic massive sulfide projects during the upcoming season, State of Alaska engineers will work on penciling in a potential road to the area. NovaGold Resources Inc. is creating a new company to explore its 36,670-hectare, or 90,614-acre Ambler property and Andover Ventures Inc. plans to return to its Sun...