The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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About face; forward; march! The U.S. Department of Defense recently issued this order in the field of rare earth elements. The unique properties of REEs - a group of 17 previously obscure metals that include scandium, yttrium and the 15 lanthanides - are key ingredients in a number of military applications such as guided missiles, lasers, radar systems, night vision equipment and battlefield communications. China is estimated to supply between 90 and 95 percent of the world's... Full story
In a year that has started off with more than its share of mining industry gloom and doom, this year's Fraser Institute "Survey of Mining Companies, 2012/2013" provided a bit of sunshine for Alaska. The annual survey of exploration and mining companies gauges the pros and cons of working in various political jurisdictions around the world. This year's results came from 742 mineral industry companies working in 96 jurisdictions worldwide and represented cumulative 2012 explorat... Full story
There's nothing like getting an early start, especially when it comes to mining exploration in Canada's Far North. Literally, there's nothing like the 2013 program that Prosperity Goldfields Corp. kicked off in late February at its Kiyuk Lake Project to the east in southern Nunavut nor the 2013 field campaign launched about the same time by Kaminak Gold Corp. at the Coffee Gold Project in Yukon Territory. In a year when many mining companies are having to scrape together enough exploration funds to even mount a field program...
The 6.4 million ounces of low-cost silver recovered from the Greens Creek Mine in Southeast Alaska during 2012 is funding growth aspirations at Hecla Mining Co., including a foray into Canada's mining sector. "This past year, with the Lucky Friday down, Greens Creek generated strong silver production and cash flow to allow record capital investments that are expected to generate not only higher silver production in 2013, but expected organic growth well into the future," said... Full story
The huge Selwyn lead-zinc project in eastern Yukon Territory is one of the latest on a growing list of resource developments attracting mega-investments from Chinese companies to Canada. Selwyn, perhaps the largest undeveloped zinc-lead deposit in the world, is located in the heart of the Yukon's mineral-rich Selwyn Basin. After an aggressive multi-year exploration program, junior miner Selwyn Resources Ltd. attracted a C$100 million investment in June 2010 from Yunnan Chihong Zinc & Germanium Co. Ltd., a fully integrated min... Full story
URU Metals Ltd., a base metals and uranium explorer with interests in Africa and South America, is making a bold foray into Canada in 2013 to investigate the potential of the Nueltin Lake gold-uranium project held by Cameco Corp., one of the world's largest uranium producers. URU has signed an option with Cameco to earn a majority interest in the project, which is located in the Kivalliq region of southern Nunavut about 10 kilometers (six miles) north of the Manitoba border. The Nueltin Lake granite terrane straddles the...
The right size operation, recovering the right rare earth elements in the right location; this is how market experts and policymakers are describing Ucore Rare Metals' Bokan Mountain REE project in Southeast Alaska. In a March 9 article, "The Rare Earth Space, 'A Culling of the Herd, and the Survivors' (Part 1: North America)," pre-eminent technology metals expert Jack Lifton said Ucore and its Bokan Mountain project has the right elements to survive "the Darwinian nature of... Full story
