The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 8 of 8
Contango Ore Inc. Feb. 2 said the first phase of 2017 drilling at the Tetlin gold project in Interior Alaska was underway. Peak Gold LLC, a joint venture between Contango Ore and a wholly owned subsidiary of Royal Gold Inc., invested roughly US$10.6 million on exploration at Tetlin in 2016, which included the first winter drill program at this project located just south of the Alaska Highway near Tok. Royal Gold, which is the operator of the JV, can earn up to a 40 percent...
According to the United States Geological Survey’s annual report, “Mineral Commodity Summaries 2017,” the value of non-fuel minerals produced in the United States and Alaska during 2016 remained at similar levels to 2015. Alaska mines produced roughly US$3.09 billion worth of minerals, excluding petroleum and coal, marking the seventh year straight that output from Alaska mines have topped US$3 billion. Gold and zinc account for roughly 80 percent of Alaska’s mineral productio...
Ucore Rare Metals Inc. Feb. 8 reported that it has completed the initial stage of detailed engineering for a platinum group metals - rhodium, palladium and platinum - phase of its U.S. strategic metals complex. Being developed as a joint venture between Ucore and IBC Advanced Technologies, the strategic metals complex is a planned industrial scale version of the SuperLig One pilot plant the partners developed to separate the rare earths found at the Bokan Mountain project in...
Sabina Gold & Silver Corp. Feb. 7 announced a base budget for 2017 of around C$8.5 million, which will be used primarily for permitting activities but will also include some exploration at its Back River gold project in Nunavut. Late in 2015, Sabina submitted an environmental impact statement for a 3,000-metric-ton-per-day mine focused on Goose, one of several properties that comprise the larger Back River project, for permitting. The Nunavut Impact Review Board originally...
Mountain Province Diamonds Inc. Feb. 6 reported the recovery of a 67.87 carat gem quality diamond during the ramp-up of production at the Gahcho Kué Mine. This is the largest gem quality diamond recovered so far at this newest mine in the Northwest Territories. "The presence of large gem quality diamonds at Gahcho Kué was established during the bulk sampling when a 25.13 carat octahedron was recovered," reminded Mountain Province President and CEO Patrick Evans. "The r...
Pretium Resources Inc. Feb. 3 reported that construction at its Brucejack gold mine is ahead of schedule and commissioning of the mill is slated to begin in March, ahead of the mid-2017 start originally planned. In preparation for commissioning, the company has stockpiled more than 110,000 metric tons of ore from the high-grade underground gold mine. The total cost to complete construction of the Brucejack Mine, including contingencies, is now expected to be US$811.1 million,...
Copper Fox Metals Inc. Feb. 2 announced a C$900,000 program for Schaft Creek copper-gold-molybdenum project in northwestern British Columbia. This program will include a remodeling of the resource, engineering studies, environmental data collection, and permitting related to future exploration. Schaft Creek is being advanced under a joint venture between Teck Resources Ltd. (75 percent) and Copper Fox (25 percent). A 2013 feasibility study outlined a 130,00...
President Donald Trump is set to ink his signature on a resolution that overturns a midnight hour Obama administration rule that threatened U.S. coal miners with added regulatory burden. The so-called Stream Protection Rule was touted by the Obama administration as a necessary clarification of the rules surrounding valley fill, a mining technique used in Appalachia that involves depositing overburden removed from hilltops in an adjacent valley and then re-contouring the...
