The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 10 of 10
Trilogy Metals Inc. April 4 reported that the final set of assay results from the 2022 drilling at the Upper Kobuk Mineral Projects includes the best hole ever drilled at Arctic when it comes to the grade of the metals encountered times the length of the intercept. "We are pleased to close out the reporting of our 2022 drilling campaign with additional high-grade results that reaffirm Arctic as one of the highest grade, open pitable copper deposits in the world," said Trilogy...
World's top miner proposes merger, demerger to form world's top metals and coal mining companies. Merger and acquisition activity continues in the North of 60 Mining News area with Glencore's unsolicited US$22.5 billion (C$30.3 billion) all shares offer to merge with Teck Resources Ltd., which owns the Red Dog zinc mine in Alaska and interest in several advanced copper exploration projects in Northern British Columbia. On April 3, Teck announced that the world's largest...
American West Metals Ltd. March 30 announced that it is mobilizing for an April start of the 2023 exploration program on its Storm Copper project on Somerset Island in Northern Nunavut. Since optioning the project from Aston Bay Holdings Ltd. in 2021, American West has been systematically exploring the high-grade, near-surface copper and deeper stratabound sedimentary hosted copper on this property. This year, the company plans to complete up to 10,000 meters of reverse circul...
White Gold Corp. April 5 announced that it has identified two large copper-molybdenum porphyry targets on its Pedlar and Hayes properties in the southern portion of the company's 350,000-hectare (865,000 acres) land package in the Yukon. "Our primary exploration focus is discovering new orogenic gold deposits in the White Gold District and growing our existing gold resources. However, the Yukon is rich in various other metals which is also the case in our large land package,"...
Victoria Gold Corp. April 5 announced that it produced 37,619 ounces of gold during the first quarter of 2023 operations at its Eagle Mine in the Yukon, a nearly 55% increase over the 24,358 oz produced during the first three months of last year. "This was the best Q1 performance for the Eagle Gold Mine since operations commenced with strong gold production and ore tonnage stacked on the heap leach pad," said Victoria Gold President and CEO John McConnell. Since pouring the...
Strategic Metals Ltd., surely the most active project generator in northern Canada, recently reported substantial mineral exploration and transaction activities in 2022 and early 2023. This includes an update in January on exploration at Mount Hinton, a gold-silver project in Yukon's Keno Hill District that lies immediately southeast of Hecla Mining Company's Keno Hill Silver Mine, 35 kilometers (22 miles) southeast of Victoria Gold's Eagle Mine, and 25 kilometers (16 miles)...
ANCHORAGE, Alaska: Once again, Alaska was host to one of the greatest forums in the Arctic for shared and opposing views, bipartisan discussion, parallel experiences, and shared challenges for nations that extend into the northernmost reaches of the globe – it's difficult but rewarding. Held from March 29 to the 31, the ninth annual Arctic Encounter Symposium convened at the Dena'ina Civic and Convention Center in downtown Anchorage. Welcoming 209 speakers from 25 countries w...
The Northwest Territories capital city of Yellowknife is emerging as a northern link in North America's electric vehicle supply chain. Already home to Canada's only rare earths mine, a 160-kilometers (100 miles) area around this northern mining town happens to be enriched with the lithium and cobalt that is in massive demand for EV batteries, along with numerous other minerals critical to both Canada and the United States. A roughly 9,600-square-kilometer (3,700 square miles)...
Hecla Mining Company April 6 announced that after several weeks of deliberation, it has reached a definitive agreement to move forward with the purchase of ATAC Resources Ltd.'s Rackla and Connaught projects, while also spinning out the Yukon-focused exploration company's earlier staged copper properties into Cascadia Minerals Ltd. After declining a proposal from Victoria Gold Corp. at the beginning of February, ATAC announced shortly after its intention to sell its...
The Alaska National Interest Lands Conservation Act (ANILCA) of 1980, as every Alaska school child should know, was a great compromise, engineered by Senator Ted Stevens and supported even by then-Senator Joe Biden. In a 1980 speech on the Senate floor, Senator Biden said, "This legislation will protect some of the most beautiful and pristine lands in the world. It will provide for the wise use of our natural resources. And it will ensure that Alaska's economy will continue...
