The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 7 of 7
A Swiss investment fund with ties to Russia-born billionaire Vladimir Iorich has put in a bid to buy the shuttered Mountain Pass rare earth element mine in California, raising red flags for U.S. lawmakers concerned about the United States’ dependence on foreign countries for REEs and other metals necessary to maintain the U.S. military’s high-tech arsenal. To help promote domestic production of these strategic metals and block foreign firms from buying rare earth mines on U.S....
In almost fifty years of having practiced law, it has consistently been my counsel to my clients to avoid litigation wherever possible, subject to a lengthy list of qualifications. Certain miscreants are entitled to a trial of their peers before lengthy incarceration or worse. Some bad actors simply don't understand the law. Occasionally, there are issues that require a referee in the personae of a judge. And then, there are matters of principle. Principles are tricky things....
Darnley Bay Resources Ltd. March 9 said it is ready to begin a 3,500-meter initial phase of 2017 drilling at its Pine Point lead-zinc project near Hay River, Northwest Territories. Home to the historical Pine Point Mine, this property hosts 54 undeveloped zinc-lead deposits over a strike length of roughly 68 kilometers (42 miles), 15 of which have zinc-lead resources that meet NI 43-101 standards and are included in a technical report completed earlier this month. Several of the remaining 32 deposits have historical...
Colorado Resources Ltd. March 14 reported a deal to acquire full ownership of ROK-Coyote, a northern British Columbia copper-gold property that lies between Colorado's North ROK property and Imperial Metals' Red Chris Mine property. The ROK-Coyote porphyry prospect has been intermittently explored since the late 1960s. Work on the ROK portion of the property from 1976 to 1991, included mapping, geochemical surveys, geophysics, trenching and drilling. One hole drilled during this historical exploration cut 38.7 meters...
Pretium Resources Inc. March 9 reported that construction at its high-grade Brucejack gold mine in northern British Columbia is ahead of schedule. The company said it plans to begin dry commissioning of the mill this month and wet commissioning is expected in early April, well ahead of the mid-2017 commissioning plan. In preparation for startup, Pretium has stockpiled more than 144,000 metric tons of high-grade ore from the underground gold mine. The company is reporting smooth progress on the finalization of construction at...
Northern Dynasty Minerals Ltd. March 8 said Pebble Limited Partnership has selected HDR Alaska, Inc. to serve as lead regulatory and permitting consultant for the world-class Pebble copper-gold-molybdenum project in Southwest Alaska. HDR will assist in preparing the documentation Pebble Partnership will need to initiate federal and state permitting by the end of the year, in anticipation of a successful outcome of the company's strategy to address the U.S. Environmental...
Ucore Rare Metals Inc. March 13 reported that it has secured an option to acquire the outstanding shares of IBC Advanced Technologies, a company that has been instrumental in designing and developing a rare earth separation process for Ucore. Ucore paid US$650,000 to enter the two-year option. Under the terms of the agreement, Ucore will have the right to purchase the outstanding shares of IBC for US$10 million cash and 10 million Ucore units, which includes one Ucore share and half of a purchase warrant. The agreement also...
