The mining newspaper for Alaska and Canada's North
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Skeena Resources Ltd. Feb. 26 reported some exceptional silver grades in its final batch of assay results from its 2019 drill program at the Eskay Creek gold-silver project in British Columbia's Golden Triangle. Over a 14-year span ending in 2008, an underground mine operated by Barrick Gold Corp. produced roughly 3.3 million ounces of gold and 160 million oz of silver averaging 45 grams per metric ton gold and 2,224 g/t silver, which at the time made Eskay Creek the world's h...
Teck Resources Ltd. Feb. 12 reported that the Red Dog Mine produced 552,400 metric tons (1.22 billion pounds) of zinc during 2019, down about 5% from the 583,200 metric tons (1.29 billion lb) of the galvanizing metal produced in 2018. The Northwest Alaska operation also produced 102,800 metric tons (226.6 million lb) of lead last year, which is a more than 4% increase over the 98,400 (217 million lb) produced the previous year. During the fourth quarter, Red Dog produced...
Buoyed by the first-ever mineral resource estimate reported for its Yellowknife City Gold Project, Vancouver-based Gold Terra Resource Corp. (formerly TerraX Minerals Inc.) appears to be hitting its exploration stride after a half-dozen years of seeking gold in Northwest Territories. In February, the junior reported new intersections of gold mineralization in a winter drill program carried out at two deposits on its 790-square-kilometer (305 square miles) property. The junior...
Trilogy Metals Inc. Feb. 26 announced that Ambler Metals LLC, a joint venture operating company equally owned by Trilogy and South32 Ltd., has approved a US$22.8 million budget for the 2020 program aimed at advancing the Upper Kobuk Mineral Projects (UKMP) in Northwestern Alaska. The largest part of this program will focus on advancing studies to prepare the Arctic mine project for permitting. A 2018 prefeasibility study for Arctic detailed plans for an open-pit mine and...
The incredibly interesting history of Juneau is a tale of gold, the persistence of a Tlingit chief and a series of chance events that allowed Alaska's future capital to grow and leave its mark on history, a story that continues to be written today. Juneau is home to some of the earliest large-scale gold mining sites in Alaska. But, if you were to ask the pioneers who founded the future capital that their settlement would become the seat of government in a future state of...
Canada's provinces and territories have fallen from grace in the eyes of the global mining community, according to the latest rendition of Fraser Institute's Annual Survey of Mining Companies. For the first time in a decade, no Canadian jurisdiction ranks in the top 10 for "investment attractiveness" in the annual survey conducted by the Canadian public policy think-tank. This report asks industry professionals from around the globe to score mining jurisdictions based on their...
Another Alaska gold mine could soon be owned and operated by an Australian mining company, according to a recent report in a highly regarded Aussie business, finance and investment news publication. Street Talk, a segment of the Australia Financial Review that provides daily updates on Australia's capital markets, recently reported that Federation Gold is in talks to acquire Coeur Mining Inc.'s Kensington underground gold mine in Southeast Alaska. Federation is currently a pri...
Following the pouring of the 4 millionth ounce of gold at the Pogo Mine, Northern Star Resources Ltd. Executive Chairman Bill Beament sat down with Mining News to talk about what this milestone means for the Interior Alaska gold mine; the Australia-based mining company's progress since acquiring Pogo; keys to Northern Star's success; and the vast mineral potential at Pogo and across Alaska. Q. Over the past decade, Northern Star Resources Ltd. has grown from a single-asset...
Goodpaster Mining District, Alaska – At noon on Friday, Feb. 21, 2020 a roughly 815-ounce gold bar containing the 4 millionth ounce of gold recovered from rich deposits at the Pogo Mine was cooling. While this was a momentous occasion for an Interior Alaska gold mine that began commercial production in 2007, it also seemed to mark a changing of the guard for this operation that is transitioning to a renewed life under the ownership of Northern Star Resources Ltd. "It is a...
It is the very nature of the legislative process for the participants to endure conflict and controversy. Generally, the confrontations endemic to law-making begin when a citizen files for public office and starts a campaign. Unless unopposed, this brave soul must raise funds and interface with voters incessantly until election day. The candidate’s calendar is full, from registration on, and then only one of the contenders for a given seat prevails. For all of the u...