The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 8 of 8
The 28th Alaska Legislature has forwarded a slew of bills to the desk of Gov. Sean Parnell that are aimed at recognizing the Last Frontier's rich mining history and ensuring the industry is a key component of the state's economic future. Senate Bill 1, which designates May 10 of every year as Alaska Mining Day, was the first of these to garner Parnell's endorsement. May 10 was chosen to coincide with the day the General Mining Act of the United States was adopted in 1872....
Mineral consulting group Behre Dolbear Group Inc. released its 2013 "Ranking of Countries For Mining Investment Where Not to Invest." Since 1999 the group has compiled annual political risk assessments from key players in the global mining industry. Geology and mineral potential are not considered in this survey, since such potential is inherently indicated by the fact that mineral exploration, development, and mining activity are occurring in these countries. The only...
About 2,500 years ago, Heraclitus of Ephesus observed that the only constant is change. Looking out the window on a snowy Alaska April morning brings this observation home once again. It is amusing to reflect on the acrimony associated with "global warming," which was renamed "climate change" when it became apparent that the last decade has not proven to be as warm as the preceding decade. As one observer put it, "global temperatures are warmer than about 75 percent of...
With the goal of filing for permits by the end of the year, the Pebble Limited Partnership has agreed to a budget of roughly US$80 million for Pebble in 2013, which will push the total investment in the Southwest Alaska copper-gold-molybdenum deposit above US$750 million. "By the time the Pebble Partnership triggers permitting under NEPA (National Environmental Policy Act), more than US$700 million will have been invested to ensure a robust project design from a technical,...
Copper Fox Metals Corp. recently completed a positive feasibility study of its Schaft Creek porphyry copper, gold, molybdenum and silver project in northwestern British Columbia that could mark an important turning point for the project. The Calgary, Alberta-based company holds title and a 100 percent working interest in Schaft Creek, which is located due east-northeast of Petersburg, Alaska, about 61 kilometers (38 miles) south of the village of Telegraph Creek. The feasibility study prepared by Tetra Tech in late December...
The Government of Yukon received comments from around the globe during recent public consultation in the prolonged land-use debate over the Peel Watershed, a 77,000 square kilometer mountainous and wild expanse in the northern part of the territory that also extends across the border into central Northwest Territories. The Yukon portion of the watershed, 68,000 square kilometers (26,255 square miles), an area roughly the size of West Virginia and Delaware combined, is undergoing land-use planning in a process laid out in...
The mining industry in northern Canada is expected to continue to flourish in 2013 despite current challenges, including slow economic growth, lower commodity prices and dismal financial markets, according to economists at The Conference Board of Canada. "The territories are not immune to the vulnerability of the global economy," said Marie-Christine Bernard, associate director, forecasting and analysis at The Conference Board. "New mine development and production will provide a solid economic foundation for Canada's territor...
Churning out 25,506 ounces of gold during the first three months of 2013, Coeur d'Alene Mines Corp.'s retooled Kensington Mine in Southeast Alaska is on pace to surpass 100,000 ounces of production in 2013. Late in 2011, Coeur cut processing rates in half to undertake several key initiatives aimed at improving the mine's safety and production profile. "We went through a pretty massive retooling of Kensington over the past year-and-a-half, and I am pleased to see the results fr...
