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
Primarily associated with cans, cups and roofs, tin may not be the flashiest metal on the market, but it has been a strategic metal that has defined human progress since the onset of the Bronze Age around 5,500 years ago and is on the list of minerals critical to the security of the United States even today, according to the U.S. Geological Survey. "In a congressionally mandated U.S. Department of Defense study of strategic minerals published in 2013, tin was shown to have...
IDM Mining Ltd. March 20 reported that the provincial and federal environmental assessment processes for its Red Mountain project near Stewart, British Columbia, are on pace to be completed this fall. In the meantime, IDM's engineering team and consultants continue optimization studies for developing an underground mine at the gold-silver project. "While the Red Mountain project continues to advance through the review periods under the BC Environmental Assessment Act and...
Klondike Gold Corp. March 19 announced plans for a C$2.5 million exploration program at its Klondike District gold property near Dawson City, Yukon. The company's 527 square kilometers (203 square miles) of mining claims blanket a 55-kilometer- (34 miles) long swath of the Klondike Gold District, which has produced more than 20 million ounces of placer gold since the stampede to the legendary mining district in 1898. Designed to systematically test for gold mineralization...
Nighthawk Gold Corp. March 21 announced that a 25,000-meter drill campaign is now underway at its Indin Lake gold property in the Northwest Territories. Located about 160 kilometers (100 miles) north of Yellowknife, the 899-square-kilometer (222,200 acres) Indin Lake property hosts a number of gold deposits, including zones that extend out from the historical Colomac open-pit mine, which produced 527,908 ounces of gold during the 1990s. In 2013, the last time a resource was...
PolarX Limited March 20 reported that the Zackly deposit at its Alaska Range project hosts 90.8 million pounds of copper, 213,000 ounces of gold and 1.5 million oz of silver in a resource compliant with Australian Joint Ore Reserves Committee (JORC) mineral reporting standards, a code for reporting mineral resources and ore reserves similar to National Instrument 43-101 standards in Canada. A historical resource for Zackly was calculated at 1.54 million metric tons grading...
In 2017 Alaska’s mineral exploration industry saw its first up-tick in exploration spending since 2011, an increase that S&P Global Market Intelligence’s “World Exploration Trends” indicates was mirrored on the world-wide level. According to S&P’s data, the worldwide exploration industry spent $8.4 billion in 2017, the first such increase in spending since 2012. S&P also forecast a 15-20 percent increase in exploration spending for 2018 as well. The study also showed that dema...
Born from an idea to create a vehicle that could provide Alaska businesses lower interest rates offered by tax-exempt financing, the Alaska Industrial Development and Export Authority, or AIDEA, has been doing its part to create jobs and bolster Alaska's economy for five decades. "Fifty years ago, the Alaska State Legislature created the Alaska Industrial Development and Export Authority, to develop, encourage, and improve the economic potential and welfare of the people of...
Arguably, the process of adopting laws and regulations is well-intentioned; but like the blind men trying to describe an elephant, those who embrace the tail perceive a creature much unlike those who embrace a leg and their respective perceptions vary dramatically from those who grasp an ear. The question of how to deal with the affidavits of annual labor required by the Alaska Land Act and the regulations promulgated thereunder, where the affidavit contains some error, has...
