The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 9 of 9
U.S. Sen. Lisa Murkowski, R-Alaska, is again urging fellow lawmakers in Washington, D.C. to enact legislation that would restore America’s mineral security. “After years of inaction, it is time for Congress to recognize that our mineral policies need to be modernized as soon as possible,” said Murkowski, who is chairman of the Senate Energy and Natural Resources Committee CBS newsmagazine, 60 Minutes, provided a timely segue to Murkowski’s critical minerals bill by airing...
Redstar Gold Corp. March 31 said it plans to start a phase-1 drill program at its Unga Gold project in April. The roughly 1,500 meters of drilling will primarily focus on outlining the high-grade gold mineralization at the Shumagin prospect, the highest priority target among numerous targets on the company's Unga property located in the Aleutian Arc of Southwest Alaska. The drill program is the first to be undertaken since 2011 and will augment the considerable existing...
Bloomberg Business March 30 reported rumors that Teck Resources Ltd. and Antofagasta Plc are exploring a merger that would create one of the world's largest copper producers. Attributing the sources of its report to people wishing not to be identified for divulging private information, Bloomberg said any agreement between the two miners hinges on families that control each company. The Luksic family of Chile owns 65 percent of Antofagasta. According to Bloomberg, Teck...
International Tower Hill Mines Ltd. March 26 announced that Karl Hanneman has been elevated to the role of chief operating officer. Hanneman has worked for Tower Hill since 2010, most recently serving as the company's general manager. He has more than 30 years of Alaska-based mining industry experience, including serving in a key role on the team that worked to successfully resolve permitting issues at the Red Dog Mine in 2008-2010. Prior to that, he was Alaska regional...
The Alaska Department of Natural Resources, Division of Geological & Geophysical Surveys is considering instating a fee schedule for services offered at the Alaska Geologic Materials Center in Anchorage. Fees would help offset increased operational costs of the newly renovated, larger facility and benefit the public by improving sample accessibility and ensuring a higher quality and increased number of services provided. DGGS is seeking the public's ideas, views, and opinions to make a proposed fee schedule that is...
Pretium Resources Inc. March 27 said it has received an Environmental Assessment Certificate for its Brucejack gold project located some 65 kilometers (40 miles) north of Stewart in northwestern British Columbia. The operation at Brucejack will not require the building of a tailings dam, which has become a point of contention since a dam failure in August 2014 at Imperial Metals Corp.'s Mount Polley copper-gold mine in central British Columbia. Instead, about half the...
Seabridge Gold March 25 reported an inaugural inferred resource of 164 million metric tons grading 0.59 grams per metric ton (3.1 million ounces) gold and 0.27 percent (961 million pounds) copper for the Iron Cap Lower Zone at its KSM copper-gold project in northwestern British Columbia. The grade of this core zone is significantly higher than the Iron Cap resource which lies above. Core zones are the deeper focused parts of porphyry deposits characterized by higher flow of... Full story
Rockhaven Resources Ltd. March 25 said it has closed a C$4.41-million private placement with its largest shareholder, Strategic Metals Ltd. The financing consisted of 21 million Rockhaven common shares at C21 cents each. Strategic Metals now holds 48.85 million Rockhaven shares, representing 46.6 percent of the 104.84 million shares of Rockhaven currently issued and outstanding. The proceeds from the private placement will be used to finance additional exploration at...
From Washington D.C. and Ottawa to Juneau and Victoria, Alaska officials are engaging their Canadian counterparts about new generation of northwestern British Columbia mines that could potentially be built upstream of Southeast Alaska. This possible development of a number of copper, gold and other metal mines in Canada's westernmost province has troubled conservationists, fisherman and others in Southeast Alaska for years. The August 2014 tailings dam collapse at the Mount Po...
