The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 15 of 15
Zazu Metals Corp. May 28 reported completion of a current NI 43-101 resource estimate for the Lik zinc-lead-silver project in Northwest Alaska that confirms it as being one of the largest undeveloped zinc deposits in the Western Hemisphere. The deposit is located 22 kilometers, or about 14 miles, from the Red Dog mine, the world's largest zinc producer. Teck Resources Ltd. owns and operates Red Dog and is a 50 percent joint venture partner in the Lik Project. Zazu owns the remaining 50 percent and has the exclusive right to...
I have been reading the tea leaves and think there is an extremely important sequence of events unfolding that represents a golden opportunity for Alaska. Please bear with me as I try to wade through the logic of this and you can tell me what you think. About two months ago, Brent Cook, a well-known mining analyst and owner of Exploration Insights, published a rather illuminating article entitled "Where Have All the Gold Mines Gone?" The upshot of his article was that most...
"What is so rare as a day in June? Then, if ever, come perfect days." -James R. Lowell The United States has many unique governmental features which distinguish it from other constitutional democracies, one of which is the role of our Senate. The United States Senate was inspired by the institution that governed the Roman Republic from its founding in 509 BC until its overthrow in 27 BC. That ancient body's impressive durability gives testament to the richness of its concept....
Now that Prize Mining Corp. and Eagle Plains Resources Ltd. have completed modifications on a 350-metric-ton-per-day mill at the Yellowjacket Gold Project near Atlin in northwestern British Columbia, the processing of stockpiled mineralized bulk sample material is under way. The joint venture partners June 4 reported completion of the small mill and milling will proceed under an existing bulk sampling exploration permit, while they await approval of a new permit under British Columbia's Small Mines Act. Jamie Mathers, a...
Few can argue that the business of mining and mineral development has evolved dramatically in recent years. Engineering standards. Environmental safeguards. Regulatory oversight. Operational efficiencies. Health and safety performance. Even community development. Each of these critically important dimensions of planning and operating a modern, socially responsible mine has advanced light years since the term 'sustainable development' entered the public lexicon in the early 1990s. But for all that, mining is still viewed by...
A gold mining group looking north from Nevada where it has been focused in recent years is seeing what many other explorers have noticed before them - the Tintina Gold Belt that stretches across Interior Alaska and Yukon Territory offers the handsome prospect of a major gold discovery. But the difference for Golden Predator Royalty & Development Corp. is that it is prepared to back up its conclusions with the hard work and financial capital necessary to not only find the gold but bring it into production in short order....
A stroll through the "Gold" exhibit at the Anchorage Museum of Art and History can transport visitors through six millennia of man's captivation with the brilliant metal. The journey explores the unique characteristics of this precious and rare element that made it the prize of ancient civilizations, a standard of wealth and an invaluable metal to modern technology. The more than 300 golden objects on display include examples of the first gold coins minted in ancient Lydia...
Advances in high technology, especially the recent drive to produce increasingly efficient hybrid automobiles, is spurring demand for rare earth elements and energizing a little-known mining sector with at least one known Alaska mineral deposit. Thanks to analysts touting the virtues of investing in rare earth mining, two companies, Commerce Resources Corp. and Rare Element Resources Ltd. listed on the Toronto Stock Exchange have seen gains in their stock price of 32 percent and 37 percent, respectively, this spring,...
A good bit of the excitement in Nunavut's mining sector this summer is being generated by Peregrine Diamonds Ltd. at the Chidliak Project on Baffin Island. The junior's 2009 exploration program of the 9,800-square-kilometer, or 3,784-square-mile property got underway in May. It is drawing significant industry attention, not only because of the hefty $9.2 million that partner BHP Billiton forked over to fund the gambit, but also because it offers the possibility of a major diamond discovery. BHP, which owns most of the huge...
Despite stellar drill results from an aggressive 2008 program at the 40 Mile Project in eastern Alaska, Full Metals Minerals Corp. is slowing the pace of exploration on the 242,000-acre property this year. 40 Mile encompasses numerous lead-zinc-silver targets as well as prospective gold and copper showings. Full Metal's exploration of the West Little Whiteman, Little Whiteman, and Fish prospects resulted in the discovery of a previously unknown mineral district containing multiple occurrences of massive to semi-massive to...
The opposing sides of Ballot Measure 4, the failed ballot initiative that opponents said targeted development of a mine at the huge Pebble copper-gold-molybdenum deposit in Southwest Alaska, have moved their ongoing battle from the court of public opinion into a court of law. A June 4 report, based on an investigation conducted by staff of the Alaska Public Offices Commission, recommended the anti-Pebble syndicate be levied the maximum civil penalties for multiple violations...
The recent discovery of significant gold mineralization near the headwaters of the White River in western Yukon Territory has sparked a staking rush fired by the imagination of miners with a long memory. More than 12 junior exploration companies have flocked to the region in recent weeks, grabbing claims in the proximity of the increasingly promising White Gold Project held by Underworld Resources Ltd. Underworld May 26 reported discovery of 103 meters grading 3.4 grams per metric ton gold. The companies are also latching...
The U.S. Supreme Court has ruled in a 6-3 vote to uphold Coeur d'Alene Mines Corp.'s tailings disposal permits at the Kensington gold mine located about 45 miles northwest of Juneau. The June 22 decision came in response to a challenge to a permit issued by the U.S. Army Corps of Engineers that allows the proposed mine to dispose in a nearby lake waste rock created during mining. The Southeast Alaska Conservation Council and other environmental groups fought the miner's plan...
Underworld Resources Inc. began what promises to be a long, exciting summer by reporting results Memorial Day from the first three holes of its 2009 drilling program, currently under way at the White Gold Property in west-central Yukon Territory. Two weeks later, the aggressive junior churned out additional drill results for one of the three holes, this time identifying deeper gold mineralization that is also rich in silver. A week later, Underworld closed several private placements that generated C$16.55 million in gross...
At least 11 companies have either staked claims in the vicinity of the recent White Gold discovery by Underworld Resources Ltd. in western Yukon Territory, or been inspired by Underworld's exploration success to become involved in exploration programs in the region this year. Underworld May 26 reported the discovery of 103 meters averaging 3.4 grams per metric ton gold at the White Gold Property. Among the companies flocking to the area: MPH Ventures Corp. June 19 said it has entered into an agreement to acquire the Quartz...
