The mining newspaper for Alaska and Canada's North

Articles from the April 5, 2024 edition


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  • Finger points at drill core with high-grade copper mineralization.

    Villages want voices heard on Ambler Road

    Shane Lasley|Updated May 9, 2024

    Gov. Dunleavy urges BLM to consider recent Alaska Native support as it finalizes its reassessment of the Ambler Access Project. "I strongly believe that the road will greatly benefit my community and I'm not alone. Many of my neighbors also support the road, as do other villages in the region," Native Village of Ambler President Miles Cleveland said of the proposed Ambler Access Project that would extend to within 30 miles of his community. This support is reflected in...

  • Geologists go over maps during an Alaska gold project visit.

    Long overdue thank you to Curt Freeman

    Shane Lasley, Mining News|Updated May 8, 2024

    Curt's rock hammer, pen, wit, and charm have all contributed to Alaska mining sector success ! It is no surprise that longtime Alaska geologist Curt Freeman would at some point be presented the Charles C. (Chuck) Hawley Lifetime Achievement Award, an Alaska Miners Association honor reserved for those who devoted their professional life to ensuring a successful mining industry in Alaska. After all, Alaska's mining and mineral exploration landscape would only be a shadow of...

  • Alaska mining lawyer J. P. Tangen in hardhat and parka.

    Mining in coastal wetlands permitted

    J. P. Tangen, Special to Mining News|Updated May 8, 2024
    1

    After four years of intensive work and an appeal, a placer mining company finally secures a keystone permit from the Army Corps. I am not in the custom of speaking about matters that I have worked on; however, in this case, I thought it desirable to make note of a recent development with regard to placer mining in Alaska's coastal wetlands. IPOP, LLC, sought permission to mine on State of Alaska mining claims in Bonanza Channel, approximately 25 miles east of Nome. The area is...

  • A closeup of rough diamonds lit with a soft blue light.

    Soft diamond market impacts Gahcho Kué

    A.J. Roan, Mining News|Updated May 8, 2024

    Gahcho Kué Mine production matched 2022 numbers, but a steep diamond price decline made 2023 more challenging for Mountain Province. Mountain Province Diamonds Inc. April 1 announced the financial and operating results of 2023 as well as its performance results from the fourth quarter at its Gahcho Kué Mine in Canada's Northwest Territories, ultimately seeing a downturn from its record 2022 due to oversupply in the diamond market. Owned under a joint venture between M...

  • Curtains of green and purple northern lights reflect off lake in NWT.

    More rare earths outlined at Nechalacho

    Shane Lasley, Mining News|Updated May 8, 2024

    Vital Metals reports a 79% expansion of resources within the Tardiff rare earths deposit; further growth expected with inclusion of 2023 drill results. Vital Metals Ltd. April 4 announced a significant increase to the resources within the Tardiff deposit on the company's Nechalacho rare earths project about 100 kilometers (60 miles) southeast of Yellowknife, Northwest Territories. This includes a 49% increase in the tonnage of neodymium and praseodymium, a pair of rare earths...

  • Close up of a silver colored platinum nugget found near Goodnews Bay.

    Alaska platinum pioneers Smith & Wuya

    A.J. Roan, Mining News|Updated May 8, 2024

    Discovering Alaska's hidden wealth, the journey of Indigenous explorers in the land of platinum, Goodnews Bay Mining District. In the heart of Alaska's wilderness, two Alaska Native men stamped their names in state history with the discovery of the largest platinum deposit ever found in the Last Frontier. Both born into Yup'ik heritage, the journey of Walter Smith and Henry Wuya begins with early prospecting as little more than teenagers, to the landmark 1926 discovery on the...

  • Closeup of core from drilling through high-grade silver-zinc-lead veins.

    53M oz of silver reserves at Keno Hill

    Shane Lasley, Mining News|Updated May 8, 2024

    Hecla's Yukon mine hosts enough high-grade reserves for 11 years of mining; drilling shows promise for near-future growth. Hecla Mining Company March 28 filed a technical report outlining 55 million ounces of silver reserves for its Keno Hill mine in Canada's Yukon. This marks a 45% increase in reserves since gaining ownership of the historic silver property through the acquisition of Alexco Resource Corp. toward the end of 2022. Calculated at a price of $17 per ounce of silve...

  • Rackla Metals’ camp at Mile 222 Airstrip in NWT.

    Rackla Metals breaks into Yukon scene

    A.J. Roan, Mining News|Updated May 8, 2024

    Junior explorer has explosive 2023, confident of potential RIRGS deposits on Yukon property. Rackla Metals Inc. April 1 announced the results from its 2023 exploration program on the company's Peak target located within the Kelvin Stock of the Astro Plutonic Complex in Yukon, Canada. A Vancouver-based junior gold exploration company Rackla Metals, not to be confused with the Rackla property, is advancing projects located in eastern Yukon, and western Northwest Territories,...

  • Map of Tanacross and other mineral projects in Alaska and Yukon.

    Antofagasta pulls out of Tanacross JV

    Shane Lasley, Mining News|Updated May 8, 2024

    Kenorland to focus on Taurus South, an intriguing porphyry copper target that has yet to be drilled. Kenorland Minerals Ltd. March 28 announced that Antofagasta PLC has terminated its option to earn up to a joint venture interest in Tanacross, a 114,100-acre porphyry copper-gold exploration project that lies along Alaska's eastern border with Yukon. In 2022, Antofagasta entered into an agreement to earn up to a 70% JV interest in Tanacross by paying Kenorland an initial US$1...

  • Snowline Gold geologists at the company’s Rogue project in Yukon.

    Snowline gains $12.5M investment boost

    A.J. Roan, Mining News|Updated May 8, 2024

    Leading Snowline shareholder exercises warrants early, fortifies company's treasury for exploration. Snowline Gold Corp. April 1 announced that significant shareholder Ana Maria Cox de Gubbins elected to exercise five million warrants early, earning the company C$12.5 million (US$9.2 million) and increasing Cox' stake to 10.6% of Snowline's issued shares. "The ongoing support of Ms. Cox from our early exploration efforts in 2021 through to today has been a key component of...

  • Mineshaft outlined by Alaska on a background of mineral periodic table entries.

    AIDEA for Alaska critical mineral funding

    Shane Lasley, Mining News|Updated May 8, 2024

    HB122 would authorize AIDEA to issue up to $300 million in bonds and leverage federal funding for critical mineral infrastructure projects in Alaska. Home to 49 out of the 50 minerals deemed critical to the United States, Alaska has the potential to be a reliable domestic source of the mined materials vital to high-tech, clean energy, and national defense. America's Last Frontier, however, is often lacking when it comes to the infrastructure needed to fully unlock the state's...

  • Aerial view of drill rig testing for gold during the winter.

    Seabridge redesigns project mine plan

    Rose Ragsdale, For Mining News|Updated May 8, 2024

    Preliminary feasibility study envisions production of 2.5 million ounces of gold at Courageous Lake. Amid the recent surge of interest in mining lithium and rare earth elements, some companies exploring the Northwest Territories remain focused on gold. Seabridge Gold Inc., for example, is revisiting its long-held Courageous Lake Gold Project more than a decade after shelving an initial mineral resource estimate and preliminary economic assessment of the venture in 2012....