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
Over the past month, the world has been awash in year-end 2013 mining news, ranging from exploration and production statistics to economic impact numbers and mining favorability polls. The Alaska highlights from this wad of info include the results from the annual Fraser Institute political jurisdiction favorability survey where Alaska placed first in the world out of 112 jurisdictions for mineral potential. However, Alaska plummeted to 21st place on the survey's Policy Percep...
On March 13, 2014, Gov. Parnell released a report of Special Counsel Brent Cole on the federal Criminal Compliance Investigation conducted in the Fortymile mining district between Aug. 19 and Aug. 23 last year. The report is not lengthy and is available on the Internet for all to review. To be clear, the report found no evidence of criminal misconduct on the part of the investigators. But the report does underscore and lay bare a significant problem with the way the...
When it comes to policies that attract mining investments, Alaska, British Columbia and the Canadian territories all lost ground compared to their global competition, according to the Fraser Institute's Survey of Mining Companies 2013. The 690 mining executives that completed the annual survey, however, consider these northern neighbors among the top-20 places in the world in terms of "pure mineral potential." The policy perception index (formerly referred to as the policy...
NovaCopper Inc.'s 2013 exploration program has added another 2.6 billion pounds of copper to the resource at the Bornite project in the Ambler mining district, swelling the size of this Northwest Alaska deposit to 6 billion lbs. of the red metal. Bornite is one of many deposits and prospects that make up the Upper Kobuk Mineral Projects, a long-term partnership forged between NovaCopper and NANA Regional Corp. in 2011. The alliance combines Bornite and a number of other...
The startup of Cameco's Cigar Lake uranium mine in Saskatchewan is one more link in a recent chain of events that has observers predicting a significant comeback for the industry in 2014. Beginning last fall, industry analysts began to forecast rising uranium prices in 2014, citing a number of reasons, from the development of more nuclear reactors to a return to imminent shortages of reactor fuel. They also greeted news of the March 13 startup of the new Athabasca Basin uranium mine with further optimism. "The long-term...
The Prospectors and Developers Association of Canada bestowed its prestigious "Viola R. MacMillan Award" on Capstone Mining Corp., owner and operator of the Minto Mine in central Yukon Territory at its annual convention in Toronto on March 3. The award is named in honor of the PDAC's longest-serving president and is given to a person or company demonstrating leadership in management and financing for the exploration and development of mineral resources. Capstone, a Vancouver-based base metals miner focused on copper, won the...
After more than five years of review, the Yukon Environmental and Economic Assessment Board has recommended approval of a proposed underground mine for development of the Mactung tungsten deposit in east-central Yukon Territory. Mactung, located near Yukon Territory's border with Northwest Territories to the east, is being advanced by North American Tungsten Corporation Ltd., one of the world's largest suppliers of tungsten concentrates outside China. The company, which submitted a project proposal for Mactung to the board's...
The U.S. Environmental Protection Agency said its Bristol Bay assessment provides evidence that the Pebble copper project is too big and the Bristol Bay watershed is too special to risk the outcome of a state and federal permitting process. To circumvent permitting under the National Environmental Policy Act, a rigorous permitting regime over which EPA holds great sway, the environmental regulator Feb.28 initiated a review under Section 404(c) of the federal Clean Water Act...
