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
Earlier this month S&P Global put out a summary indicating that during the first quarter of 2019 metals like copper, zinc and nickel were up quarter over quarter by 11 percent, 22 percent and 25 percent, respectively. More recently gold has skyrocketed beyond the $1,400-per-ounce mark for the first time in many months. Correspondingly, the mining industry's aggregate market cap also rebounded strongly in the period after four bearish quarters, rising 12 percent to $1.43... Full story
The Tahltan Central Government June 24 said it is demanding the shutdown of jade and placer gold mining in the Tahltan Territory of northern British Columbia. The Tahltan Nation's 95,933-square-kilometer (37,040 square miles) territory covers 70 percent of B.C.'s Golden Triangle. This area has been an active placer gold producing region for more than 150 years and the nephrite jade deposits in the area are considered some of the highest quality in the world. On June 20,...
Margaux Resources Ltd. June 24 announced a milestone in achieving its plans to acquire and explore the Cassiar gold project in northern British Columbia from Wildsky Resources Inc., formerly China Minerals Mining Corp. The 56,000-hectare (138,380 acres) Cassiar property hosts both lower grade bulk tonnage and high-grade vein occurrences across a 15-kilometer (nine miles) structural corridor. Bisected by Highway 37, the property also boasts significant existing infrastructure,...
Alaska, the Last Frontier, it is home to some of the most influential pioneering and mining discoveries in history. A rich wilderness still rife with unexplored and untapped potential. It is here we will delve into one of the most peculiar and interesting settlements and learn just how it came to be. At the southern part of the Seward Peninsula, the bulbous landmass sticking out on the left side of Alaska, lies the town of Nome. For thousands of years before the introduction... Full story
White Rock Minerals Ltd. June 24 provided an update on the 2019 exploration program it is carrying out with joint venture partner Sandfire Resources NL to discover the next high-grade zinc and precious metals deposit on the Red Mountain volcanogenic massive sulfide property in Interior Alaska. Red Mountain already hosts two zinc-lead-copper-silver-gold deposits – Dry Creek and West Tundra Flats (WTF) – with 16.7 million metric tons of Australian Joint Ore Reserves Committee- (...
United States Environmental Protection Agency June 26 announced that it has instructed its Region 10 office to resume considering the elimination of a 2014 proposed determination to use "veto" authority to place restrictions on the Pebble copper-gold-molybdenum mine project under Section 404 of the Clean Water Act. The U.S. Army Corps of Engineers is the federal agency charged with issuing permits for the disposal of dredge and fill material under Section 404 of the Clean...
Canada is one of the world's richest sources of raw commodities, not least of which are the so-called rare earth elements. While China currently dominates global production and hosts some 35 percent of the world's known resources, observers believe Canada is endowed with world-class rare earths deposits, which could account for as much as 40-50 percent of the world's REE reserves. Demand for rare earth elements, along with lithium minerals, tin and other critical materials,...
The Bristol Bay region is home to two resources that beyond a doubt earn the moniker "world-class" – an annual run of sockeye salmon that is second to none and Pebble, the largest undeveloped copper and gold deposits known to exist on Earth. These world-renowned resources, however, have stirred up controversy in this Oklahoma-sized region of Southwest Alaska, as many of the roughly 7,400 Bristol Bay residents are concerned that mining the copper, gold, molybdenum and other m... Full story
One does not have to be a septuagenarian to recall how things were before Richard Nixon signed the Clean Air Act and the Clean Water Act into law. Whole industries used the commons for the disposal of pollutants, rivers caught on fire, fish died, and the air was not fit to breathe in many places. The bureaucracy, both federal and state, changed in response to those laws, and a regulatory aegis was thrown over everyone, especially those in the resource development industries.... Full story
