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
With the stroke of a pen the U.S. Environmental Protection Agency has effectively banned the construction of any new coal-fired power plants in the United States for the foreseeable future, shifting the advantage to natural gas and other lower carbon dioxide emitting forms of electrical generation. These pollution standards inked by the federal environmental agency for new power plants mark the first-ever carbon dioxide emission limits proposed under the Clean Air Act. "The...
Usibelli Coal Mine Inc.'s Healy operation, Alaska's longest lived mine, produced a record 2.2 million short tons of coal in 2011. This marks the fifth straight year of production growth for Usibelli, a trend the family-owned company foresees continuing in 2012. "We expect to mine a slightly higher tonnage in 2012, approximately 2.4 million short tons," Usibelli Vice President Customer Relations Bill Brophy told Mining News. Six Interior Alaska power plants consumed some 1... Full story
The winds of change are once again blowing across Alaska's mineral industry, not only because the industry is gearing up for another busy summer season, but also because the mining investment climate has turned from cautiously optimistic to decidedly undecided. The sea change occurred steadily and without a lot of fanfare between mid-January and mid-March. As is always the case, good projects continue to advance with those that are drilling and adding resources or moving throu...
In the waning days of the Vietnam Mistake, the popular lyrics of the Animals' most famous hit were in the hearts and on the lips of every soldier. The nation was divided. It seemed like we couldn't go forward, we didn't want to go backward, and remaining in place was impossible. Indecision was endemic and leadership was lacking. A popular, charismatic and totally inexperienced president had allowed us to get sucked into foreign entanglements, and a sinister megalomaniac got... Full story
When geologists talk about the exciting gold deposits recently discovered in Canada's Yukon Territory, they use terms like "structurally controlled, intrusion-related" and "Carlin-style." Attentive laymen soon catch on, recognizing that "structural" often characterizes the non-glaciated hydrothermal deposits found in the White Gold district of west-central Yukon and "intrusive" commonly refers to impressive finds in mountainous central Yukon, while some discoveries to the east have been labeled "Carlin-style" because of...
David Mate, chief geologist for the Canada Nunavut Geoscience Office, is part of a team of scientists venturing this field season into relatively unknown territory. Mate refers to the Hall Peninsula where he will be working this summer as "white space" on modern geological maps. "This is very exciting for a geologist. It's also interesting because it's in my backyard," Mate told Mining News April 22. Nunavut is Canada's northernmost and least-explored territory. About 1 ½ times the size of Alaska it is generally regarded as...
NyacAU LLC and Goldrich Mining Co. inked a deal in early April to create a joint-venture company to mine rich alluvial gold deposits that blanket the valleys of the vast Chandalar land package some 200 miles (320 kilometers) north of Fairbanks, Alaska. Goldrich brings to the newly formed partnership the placer potential of the 22,840-acre Chandalar Mining District, including a quarter-million-ounce drill-tested alluvial gold deposit on Little Squaw Creek and a multitude of...
The state finds itself in a 'damned if you do, damned if you don't" situation,' Alaska Attorney General Michael Geraghty wrote in a April 17 letter to U.S. Environmental Protection Agency Region 10 Administrator Dennis McLerran. The letter is the third in a series of correspondence between Geraghty and McLerran regarding the EPA's authority to conduct an assessment of the potential risks that large-scale development projects may pose to the Bristol Bay Watershed of Southwest... Full story
Prospects for developing the New Polaris gold mine project located in northwestern British Columbia near the Alaska border are looking better and better. Though it last worked on the property in 2007, owner Canarc Resource Corp. is refocusing its efforts on bringing the advanced-stage project into production. Cheered by higher gold prices, the Vancouver-based junior is reviewing several new expressions of interest in the project from mining companies seeking an option or joint venture agreement. "This is the first time that... Full story
With its sights set on gold, Contango ORE Inc. is conducting an aggressive exploration campaign on its Tetlin property in Interior Alaska during the 2012 field season. The Houston, Texas-based explorer, known as CORE, raised US$8.8 million in March to fund an estimated US$6.75 million exploration program this year - the bulk of which will be spent on a second-year drill program at the Tetlin gold-copper project about 12 miles (19 kilometers) southeast of the crossroads town of...
