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
Constantine Metal Resources Ltd. April 12 announced plans for 7,000 meters of drilling this year at the Palmer project, Alaska in Southeast Alaska. This will mark the first program under the newly formed joint venture between Constantine (51 percent) and Dowa Metals & Mining Alaska Ltd (49 percent). The partners have developed a new multi-year plan for Palmer that includes exploration for new resources across the district-scale property, as well as expanding and upgrading the current inferred copper-zinc polymetallic...
I must be getting old because I remember when, in 1966, Robert Kennedy first uttered the so-called Chinese curse about living in interesting times. It is probably one of his more memorable lines; but somehow, it has been prescient to me in the sense that the succeeding fifty years have actually been interesting. Some might say that they have become more and more interesting each succeeding year. Surely the social changes have been dramatic, and the evolution of science and...
South32 Ltd., a coal and base metals miner spun out of BHP Billiton in 2015, has cut a US$150 million deal with Trilogy Metals Inc. to earn up to a 50 percent interest in the Upper Kobuk Mineral Projects, UKMP, a large land package that blankets most of the Ambler Mining District in Northwest Alaska. South32, which up to this point was focused on the Southern Hemisphere, has eight mines in Australia, Africa and South America that produce aluminum, coal, manganese, nickel and...
Atac Resources Ltd. April 10 announced that Barrick Gold Corp. has signed an agreement to earn up to a 70 percent stake in the Orion project, which blankets the central section of Atac's Rackla Gold property in the Yukon Territory. This deal consists of a potential total investment by Barrick of roughly C$63.3 million, including a C$8.3 million private placement and a two-staged C$55 million exploration earn-in option on Orion. Previously, Atac subdivided its roughly 185-kilometer- (115 miles) long Rackla property into two pr...
Capstone Mining Corp. April 11 reported that its Minto Mine in the Yukon produced 5,500 tons of copper during the first quarter. The company said grade for the quarter was lower than originally planned due to mine plan sequencing changes affecting timing of ore to the mill. A number of changes were made to optimize the mine plan in anticipation of the extension of operations at Minto beyond 2017 and to reduce re-handling costs. As a result, more low-grade, partially oxidized ore was directed to the mill causing recoveries to...
Coventry Minerals Ltd. April 5 published a mineral resource estimate for Caribou Dome and said it has begun a preliminary scoping study to evaluate the viability of developing an open-pit mine at this high-grade copper project in Southcentral Alaska. Using a 0.5 percent cut-off grade, 2.8 million metric tons of total resource (measured, indicated and inferred) averaging 3.1 percent (86,000 metric tons) copper has been delineated at Caribou Dome. This includes 1.6 million metric tons of resource averaging 3 percent (48,900...
U.S. Bureau of Land Management April 7 announced a nine-month extension of the scoping period for the Ambler Road project, a proposed 211-mile road that would run west from the Dalton Highway along the southern foothills of the Brooks Range to the Ambler Mining District. In February, BLM announced a 90-day scoping period for the project that was slated to expire on May 31. That expiration has now been extended to Jan. 31, 2018, for a total of 338 days of scoping. Tim La Marr, manager of BLM's Central Yukon field office, said...
Coeur Mining Inc. April 7 reported decreased gold production at its Kensington Mine in Southeast Alaska. Kensington recovered 26,197 ounces of gold during the first quarter, a 22 percent drop from the previous quarter and 18 percent less than the first quarter of 2016. This dip in production is primarily due to anticipated lower ore grades due to mine sequencing. The average grade of material processed at Kensington during the first quarter was 0.17 ounces per ton gold. This compares to 0.22 oz/t gold in the fourth quarter...
Alaska Department of Natural Resources April 11 announced significant new requirements in a land-use permit authorizing the Pebble Limited Partnership to continue care, maintenance and reclamation on its mining claims in the Bristol Bay region. The regulatory agency said this decision follows the review of more than 2,000 public comments and an exhaustive analysis. During the comment period on Pebble's application for the permit, questions arose on the condition of certain drill holes and whether hundreds of these holes...
