The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 10 of 10
Two mining companies with operations in Alaska and northern Canada, Agnico Eagle Mines Ltd. and Teck Resources Ltd., landed on the Corporate Knights list of 2021 Global 100 Sustainable Corporations, an index of the most sustainable corporations in the world. With an overall score of 60.6%, Agnico Eagle placed 73rd, making it the top-ranked mining company appearing on Corporate Knight's 2021 Global 100 list. "We are extremely proud to be recognized as one of the world's 100...
Nunavut is one jurisdiction in Canada with a favorable economic outlook in the face of the COVID-19 pandemic, according to a recent economic analysis completed by the Conference Board of Canada. The reason: Nunavut's mining sector, which remained mostly intact in 2020, accounted for more than one-third of its economy, a higher share than in every other Canadian province or territory. Projected to have expanded 6.1% last year, Nunavut's economy is forecast to grow 13.2% in...
Like nearly every other aspect of human existence, the COVID-19 pandemic has fundamentally changed the mineral exploration industry in Canada and Alaska. The Association for Mineral Exploration British Columbia embraced this change with the first ever AME Remote Roundup, a virtual rendition of the long-lived mineral exploration convention that traditionally brings thousands of people to Vancouver, British Columbia at the onset of each year. "This is one of the first meeting...
It has often been said that one should never watch sausages or laws being made. There are good reasons for saying that, especially in our quasi-democratic environment. For just cause we have barriers to rabble-rule, including things like executive vetoes, impeachment, and periodic elections. These safeguards, however, do not keep the "representatives of the people" from coming up with inconsistent, incomprehensible, and incredibly awful laws. Fortunately, again, we have two...
Mountain Province Diamonds Inc. Jan. 25 reported that it received C$27.8 million (US$21.8 million) from the sale of 241,827 carats of diamonds recovered from the Gahcho Kué Mine in Northwest Territories. The C$115 (US$90) per carat average value for the diamonds in the Jan. 22 sale in Antwerp, Belgium was 69% higher than the average price of C$68 per carat (US$51 per carat) that Mountain Province realized for the 3.3 million carats of diamonds the company sold during 2020....
Ascot Resources Ltd. Jan. 26 reported that drilling has tapped high-grade gold and silver in the Woodbine prospect about 800 meters west of the mill on its Premier Mine project near Stewart, British Columbia. Located about 1,000 meters northwest of the 609 and 602 resource zones, the Woodbine prospect is separated from the main Premier deposit by the Cascade Creek fault. Mineralization has been known in this area and small underground workings exist at two elevations at the we...
Golden Predator Mining Corp. Jan. 25 reported that all of the first 16 holes reported from the 2020 drill program at its Brewery Creek mine project in the Yukon cut significant thicknesses of gold mineralization. According to a calculation published in August, Brewery Creek hosts 22.2 million metric tons of indicated leachable resource averaging 1.11 grams per metric ton (789,000 ounces) gold, plus 16.8 million metric tons of inferred leachable resource at 0.92 g/t (497,000 oz...
"Less than a year after the formal transfer of Alaska from Russia to the United States, there was formed under California law a corporation named the Alaska Commercial Company. Its home office was in San Francisco, but its activities were to center in Alaska, where it soon became a power in the land. Indeed, at sometimes and places it was the only effective power." This an excerpt from a piece written by Frank H. Sloss in July 1977 for The Pacific Northwest Quarterly titled,...
Heliostar Metals Ltd. Jan. 25 reported strong gold mineralization in the first two of nine recently drilled holes focused on the expansion of the SH-1 zone at its Unga project on an island along the Alaska Peninsula. The Unga project covers roughly 93 square miles (240 square kilometers) of two islands south of the Alaska Peninsula, Unga and Popof islands, that has long been known for its high-grade gold. The Apollo and adjacent Sitka mines, established on Unga Island in...
Avidian Gold Corp. Jan. 27 reported that it is preparing for a 2021 drill program to expand upon the gold mineralization encountered last year on its Amanita project in Alaska's Fairbanks Mining District. Last year, Avidian completed 1,945 meters of drilling in nine holes within the Tonsina trend, an 800-meter-wide structural corridor of gold mineralization that extends northeast from Amanita onto Kinross Gold Corp.'s Fort Knox Mine property. The company received assay results...
