The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 11 of 11
The Pebble Partnership, in conjunction with the Resource Development Council for Alaska, has filed a complaint with the Alaska Public Offices Commission, alleging 18 violations of Alaska campaign law. The 20-page complaint, supported by about 200 pages of evidence, outlines a joint effort by the Renewable Resources Coalition, Alaskans for Clean Water, Americans for Job Security and Bob Gillam to conceal about $2 million in contributions from Gillam in support of Ballot...
There are some new stats out from the State of Alaska that I thought you might like to see. For 2008, the Alaska mining industry accounted for 3,500 direct jobs and 5,500 indirect jobs. The industry doled out US$350 million in payroll with the average salary totaling US$82,600 per year, which is 90 percent higher than the statewide average for all sectors. Mining salaries were higher than all other sectors, except for the oil and gas sector. The industry paid US$105 million in...
TORONTO - For a first-timer, attending the 77th Prospectors and Developers Association of Canada annual International Convention, Trade Show and Investors Exchange overwhelmed, teased, tantalized and downright exhausted. Though folks remarked that convention attendance seemed down from the record-breaking levels of recent years, one couldn't discern any slackening in the steady streams of dark-suited conventioneers pouring onto the escalators in the multistoried convention hall, or crowding into meeting rooms at neighboring...
In response to a disturbing mining industry trend, the Canadian Securities Administrators launched a project in January to revise National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI 43-101). The British Columbia Securities Commission is leading the project with participation from other CSA jurisdictions. Greg Gosson, a geologist with AMEC Americas Ltd., told attendees at the 2009 Prospectors and Developers Association of Canada convention that the CSA surveyed mining companies last year and found that...
A visit to Toronto is like a trip to springtime, even when the temperature is minus 10 degrees Celsius and the wind is howling worse than wintertime in Chicago. The reason: Toronto offers the best of a big metropolitan area, such as off-Broadway shows and fabulous international cuisine, without the grime and the crime of most major cities. More than 5.2 million people live in the Toronto metropolitan area. Not only does the downtown area sprawled along the shore of Lake Ontario offer a beehive of indoor walkways, underground...
Yukon Territory has one producing mine, the Minto copper-gold-silver operation near the Yukon River north of Whitehorse. During 2008, more than 150 active hardrock exploration projects in the territory, 73 of which recording spending greater than C$100,000, and 22 posted outlays greater $1 million. Here's a look at some of the mining companies active in Yukon Territory. Producing mines Sherwood Copper Corp., now a part of Capstone Mining Corp., took the Minto Mine, Yukon Territory's only producing hard rock mine, to new...
The Northwest Territories has four operating mines: three diamond producers and one long-running tungsten operation. Exploration and development activity was brisk in 2008 with the most advanced projects located in the Slave Province. Here's a look at mining companies active during 2008 in the Northwest Territories: Producing mines BHP Billiton Diamonds Inc. (80 percent) and partners C. Fipke (10 percent) and S. Blusson (10 percent) produced about 3.5 million carats of rough diamonds at the Ekati diamond mine in 2008, making...
In a recent message to company stakeholders, Hard Creek Nickel Corp. President Mark Jarvis, described the credit crunch, worldwide recession and collapse in commodity prices as the "perfect storm." Though this tempest may be particularly hard on juniors exploring base metal properties, Jarvis said Hard Creek Nickel has the wherewithal and funds to prepare its giant Turnagain nickel project in northern British Columbia for smooth sailing when the markets turn around and the...
Teck Pogo recently briefed state and federal government agencies on its 2008 activities and provided an update of the company's plans for 2009 at the Pogo underground gold mine which it operates in Interior Alaska. Teck Pogo operates the mine on behalf of the Pogo Joint Venture, a partnership between Sumitomo Metal Mining Co., Ltd. (51 percent), Sumitomo Corp. (9 percent) and Teck Cominco Limited (40 percent). The company said the focus of milling in 2008 was consistency...
The Pebble Partnership, a 50-50 venture between Northern Dynasty Minerals Ltd. and Anglo American plc, has budgeted US$59 million for starters toward completing a pre-feasibility study for the enormous copper-gold-molybdenum project in Southwest Alaska. The partnership anticipates additional funds will be needed in 2009 but has opted to wait until engineering work advances before creating a budget for any additional funds that may be needed. Early indications are that the...
Committee Bay Resources Ltd. completed a 5-to-1 share consolidation in February. The restructured company also changed its name to CBR Gold Corp. As a result of the name change, the company began trading on the TSX Venture Exchange under the new stock symbol CBG March 2. The newly consolidated company is currently planning to spend about C$5 million in 2009 on its two advanced exploration projects in North America; the Niblack gold-copper rich volcanogenic massive sulfide...
