The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 9 of 9
GT Gold Corp. Feb. 12 reported the final batch of results from a drill program that extended the high-grade gold-silver system at Saddle South, one of two deposits the company is delineating on its Tatogga property in British Columbia's Golden Triangle. This drilling has encountered high-grade gold intercepts within wider mineralized intervals both to the west and east of the Saddle South discovery made in 2017. Highlights from holes drilled west of Saddle South include: • H...
Benchmark Metals Inc. Feb. 8 reported high-grade gold-silver intercepts from 2018 drilling at the Dukes Ridge zone on the company's Lawyers project in the Golden Triangle region of British Columbia. Located about 45 kilometers (28 miles) northwest of the Kemess copper-gold mine project, Lawyers is home to a small underground mine that produced 171,200 ounces of gold and 3.6 million oz of silver over a four-year period beginning in 1989. The historical mining, carried out by Ch...
Fortune Minerals Ltd. Feb. 14 reported that the Government of the Northwest Territories has signed an agreement with North Star Infrastructure GP to construct the Tlicho All-Season Road. Following an existing winter route, the 97-kilometer (60 miles) Tlicho Road will extend from Highway 3 to Whati, a Northwest Territories community about 50 kilometers (30 miles) south of Fortune's proposed Nico cobalt-gold-bismuth-copper mine. As part of its proposed development, Fortune...
When Northern Star Resources Ltd. acquired the Pogo Mine, the Perth-based miner believed it could apply its underground mining experience in Australia to increasing high-grade gold resource and boosting production at its new Alaska asset. Five months into its official ownership of Pogo, Northern Star's exploration is generating outstanding results which are oft exceeding the company's already high expectations. "Pogo is fast turning out to be everything we expected and more,"...
Hecla Mining Company Feb. 14 reported the highest silver, gold and lead reserves in its 128-year history. "The increase reflects the quality of the districts we control; our long-term, consistent strategy; and the capturing and use of all the data that long-lived mines have," said Hecla Mining President and CEO Phillips Baker, Jr. "It is particularly important that this growth comes at Greens Creek and Casa Berardi, who generate approximately 85 percent of our revenue and...
Kinross Gold Corp. Feb. 13 reported a nearly 33 percent drop in gold produced at its Fort Knox Mine in Alaska during 2018, when compared to the previous year. This operation about 25 miles north of Fairbanks produced 255,569 ounces of gold last year, a 132,546 oz drop from the 381,115 oz produced in 2017. Kinross said this lower gold output is primarily attributed to a minor pit wall slide that occurred in March, which restricted access to higher-grade ore. This problem was...
Golden Predator Mining Corp. Feb. 11 reported that it recovered 365 troy ounces of gold and 34 oz of silver from roughly 600 metric tons of bulk sample processed during the fourth quarter from the company's 3 Aces project in southeastern Yukon. This sampling represents about 6 percent of the 9,800 metric tons of bulk sample material stockpiled during the 2018 season. Two concentrates were produced from the material ran through the on-site gravity recovery plant. The No. 1...
Teck Resources Ltd. Feb. 12 reported that the Red Dog zinc mine in Northwest Alaska produced 583,200 metric tons (1.29 billion pounds) of zinc during 2018, a roughly 8 percent increase over the 541.9 metric tons (1.19 billion lb) of the galvanizing metal produced in 2017. The operation also produced 98,400 metric tons (217 million lb) of lead last year, which is down about 12 percent from the previous year. During the fourth quarter, Red Dog produced 160,100 metric tons (353 m...
He who controls battery metals and the evolving energy storage technology controls the world of industrial power in the 21st century auto and energy storage industries. This is the message Benchmark Mineral Intelligence Managing Director Simon Moores delivered to the U.S. Senate Energy and Natural Resources Committee. Moores, a global authority on lithium-ion batteries and the metals that go into them, was invited to testify by Senate Energy and Natural Resources Chair Lisa...
