The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 11 of 11
NovaGold Resources Inc. April 14 announced the results of a preliminary economic assessment for its Ambler volcanogenic massive sulfide project in Northwest Alaska. "This preliminary economic assessment demonstrates the robust economics of developing one of the highest-grade VMS deposits in the world," said NovaGold President and CEO Rick Van Nieuwenhuyse. NovaGold's Ambler property comprises 36,670 hectares, or 90,624 acres, of State of Alaska mining claims and Federal...
Two Worlds, One Spirit" is a motto that encompasses NANA Regional Corp.'s dedication to developing its natural resources in a way that preserves the integrity of its land and the traditional values of the people who have called Northwest Alaska home for millennia. "At NANA we like to say we live in two worlds but have one spirit - meaning that we will not forsake our traditional values when participating in the modern economy. We can be Native people and bring Native values...
Although the mining news for the last month was rather on the thin side in terms of volume, a number of significant milestones were reached by the Alaska mineral industry. Over the past 30 days or so, we have had new mineral resources published on three gold deposits and one polymetallic deposit. We've had the first preliminary economic analysis released on a deposit from the Ambler Mining District and the schedule for a second preliminary economic analysis announced for...
It is not extraordinary for film stars to use their recognized names and faces for purposes unrelated to their professions and to endorse something they arguably know nothing about. In America where we all treasure free speech, celebrities have as much right as anyone to attempt to influence public opinion. When it becomes noteworthy, however, is when someone publicly argues against the very position they purport to be advocating. This is the case with a proposed New York...
Nunavut Resources Corporation, an Inuit-owned corporation created a little over a year ago, is making considerable progress toward achieving its bold vision of becoming a viable option for direct Inuit participation in non-resource development in Nunavut. Canada's largest territory, Nunavut has an estimated population of about 33,000 spread over an area the size of Western Europe. The NRC is the brainchild of Kitikmeot Inuit Association President Charlie Evalik. It aims to give Nunavut's 30,000 or so Inuit more involvement an...
Nearly a half century ago, John S. Brock ventured into Yukon Territory to explore for hardrock minerals. The young geologist soon found himself involved in Anvil Mining and Dynasty Exploration's discoveries that led to the development of Faro, which became the world's largest open-pit lead-zinc mine. "I was just a kid then, and I thought, 'This business is really easy,' " Brock recalled. Today, the longtime explorationist knows better. During the past 48 years, Brock has participated in numerous mineral discoveries in Canada,...
Kiska Metals Corp. is navigating exploration of the Whistler gold-copper project toward expanding targets identified during its 2009 and 2010 programs - which were driven largely by Kennecott Exploration Co.'s desire to look at the overall potential of the 203-square-mile, or 557-square-kilometer, property in order to evaluate its back-in rights. After spending the winter months transporting in supplies over a 110-mile, or 175-kilometer, ice road and relocating its camp next...
Alaska is considered one of the most mineralized provinces on Earth, but a vast amount of this wealth is locked up in a more than 350,000-square-mile, or 906,000-square-kilometer, area west of Alaska's contiguous road system. Surface transportation is considered key to unlocking the immense mineral potential of this area, which is roughly twice the land mass of California. In the Survey of Mining Companies: 2010/2011, conducted by the Fraser Institute, top executives from 494...
NANA Regional Corp. is on the hunt for mineral deposits that will continue to sustain the economic well being of its 12,500 shareholders beyond the life of the Red Dog Mine. "We know that one day we will be done mining at Red Dog, and it is our hope that we will keep finding deposits around the area," NANA Regional Corp. President and CEO Marie Greene told Mining News during an April 11 interview. Aqqaluk, a zinc-rich deposit that NANA and partner Teck Resources Ltd. began...
As mining activity heats up in Yukon Territory, vendors and suppliers are flush with a corresponding rise in demand for their services. Business is booming, in particular, for helicopter support services as exploration and development companies rush to mount their 2011 field programs as soon as weather permits north of the 60th parallel this spring. In 2010, mining exploration and development spending in the Yukon exceeded C$290 million, with exploration expenditures setting a new yearly record as activity accelerated in...
New Gold Inc. and Richfield Ventures Corp. jointly unveiled plans April 4 for New Gold to acquire the junior gold explorer and its promising Blackwater gold project in central British Columbia in a transaction valued at some C$550 million. New Gold and Richfield said they entered definitive agreement in which New Gold will acquire, through a plan of arrangement, all of the outstanding common shares of Richfield. Under terms of the buyout, each Richfield shareholder will receive 0.9217 of a New Gold share for each Richfield...
