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
Dolly Varden Silver Corp. Aug. 4 announced that a 10,000-meter exploration and resource expansion drill program is now underway on its Dolly Varden silver property in northwestern British Columbia. The roughly 21,745-acre (8,800 hectares) Dolly Varden property covers four historic mines that produced more than 19 million ounces of silver over four decades beginning in 1919. Four deposits associated with these historic mines – Torbrit, Dolly Varden, Wolf and North Star – hos...
Alaska Miners Association Aug. 4 announced the difficult decision to cancel its annual convention and trade show scheduled for Nov. 1-7, 2020 at the Dena'ina Center in Anchorage, Alaska. "We understand this is a major loss for AMA and our industry. We are losing our chance to make the networking contacts and business deals that are done each year," AMA penned in a notice to its membership. "We're going to miss seeing our extended AMA family and catching up. We'll miss the...
Skeena Resources Ltd. Aug. 4 announced the signing of a definitive agreement with Barrick Gold Inc., a subsidiary of Barrick Gold Corp., to acquire full ownership of the past producing Eskay Creek gold-silver mine project in the Golden Triangle region of northwest British Columbia, Canada. Barrick operated an underground mine at Eskay Creek from 1995 to 2008 that produced roughly 3.3 million ounces of gold and 160 million oz of silver from ore that averaged 45 grams per...
White Gold Corp. Aug. 6 announced that drills are testing Ryan's Surprise a target that could add to the more than 1 million ounces of gold already outlined on the company's White Gold property. The two main deposits identified so far at White Gold, Golden Saddle and Arc, host 14.3 million metric tons of indicated resource averaging 2.26 grams per metric ton (1.04 million oz) gold and 10.7 million metric tons of inferred resource averaging 1.48 g/t (508,700 oz) gold. Ryan's,...
Benchmark Metals Inc. Aug. 6 reported that drilling has tapped a wide section of gold-silver mineralization that includes a parallel zone outside the known resource area of the Cliff Creek zone on the company's Lawyers project in northern British Columbia. Situated about 45 kilometers (28 miles) northwest of the world-class Kemess gold-copper porphyry deposit, Lawyers is home to a small underground mine that produced 171,200 ounces of gold and 3.6 million oz of silver over a...
Strong gold prices and the smooth ramp up to commercial production at its Eagle Mine is allowing Victoria Gold Corp. to pay off the loans taken out to develop the Yukon operation quicker than scheduled. On Aug. 5, the mineral explorer turned gold producer made an unscheduled US$10 million payment towards the interest and principal of its US$100 million senior secured credit facility. Victoria made its first regularly scheduled payment of US$7,133,266 toward the principle of...
The International Council on Mining and Minerals (ICMM) and the United Nations Environment Program (UNEP) have introduced standards for the safe management of new and existing mine tailings facilities around the globe, no matter where they are located or who operates them. Tailings facilities, structures constructed to store material that is finely ground to extract the sought-after minerals, are used at most mining operations. "These dams are some of the largest human-made...
Barrick Gold Corp. and Novagold Resources Inc. Aug. 6 reported that initial results from the 2020 optimization drill program at Donlin Gold continue to tap near-surface, high-grade mineralization that could likely be mined during the early stages of operations at the 39-million-ounce gold project in Southwest Alaska. Donlin Gold LLC – a 50-50 joint venture between Novagold and Barrick – began gearing up for a roughly 22,000-meter drill program at Donlin in February but the...
President Trump is expecting to be briefed on the proposed Pebble Mine and on Wednesday told reporters that he will "listen to both sides" of the world-class copper-gold-molybdenum project in the Bristol Bay region of Southwest Alaska. Pebble Partnership CEO Tom Collier said he welcomes a White House review of a final Environmental Impact Statement that details a mine at Pebble capable of extracting copper, gold, and other valuable metals found there without harming the...
