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
Canada Minister of Natural Resources Greg Rickford July 14 reiterated the federal government's support of Canada's mining sector. Rickford, who is also the minister for the Federal Economic Development Initiative for Northern Ontario, delivered this message during a keynote speech at the Greenstone Mineral Exploration Forum in Ontario. According to the natural resources minister, the mining, minerals and metals sector accounted for nearly C$63 billion of Canada's gross...
Rockhaven Resources Ltd. July 14 reported the addition of 868 mineral claims to its Klaza gold-silver property in southern Yukon Territory. This major expansion is the result of four separate agreements, including a property exchanged with Strategic Metals Ltd., Rockhaven's largest shareholder. In exchange for five Strategic properties adjacent to or near Klaza (BBB, Sked-Desk, Dade, Queen and Nor), Rockhaven has agreed to transfer five of its distal Yukon properties (Plata,...
Capstone Mining Corp. July 14 said copper production at its Minto Mine continued to exceed expectations during the second quarter and is now projected to top guidance for annual production. For the quarter ended June 30, Minto produced 4,141 metric tons of copper in concentrate and cathode, nearly identical to first-quarter production. Capstone said ore from Area 118 underground continued to run significantly above model grades and enhanced mining practices resulted in lower...
British Columbia Ministry of Energy and Mines and Ministry of Environment July 9 reported the issuance of conditional permits that will allow for the restricted resumption of operations at Imperial Metals Corp.'s Mount Polly Mine in central B.C. "This conditional restricted permit to re-start operations is the first of three significant steps the company needs to continue operation and does not include the ability to discharge water off the site," explained B.C. Minister of...
Kivalliq Energy Corp. July 9 reported that a C$1.5 million exploration in underway at its Angilak uranium property in Nunavut. The company plans to drill up to 1,000 meters in six holes at the property's Dipole target. Ground geochemical surveying will run concurrently with the drill program, following-up on priority targets identified along the Dipole-RIB trend during the 2014 season. Based on corroborative geophysical and geochemical exploration, Kivalliq said Dipole and...
A brief survey of the history of mankind suggests that most communities were organized around the successful exploitation of nearby natural resources. More "civilized" city-states were able to collectively develop the available resources with efficiencies that generated surpluses. Such efficiencies required a class of leaders, which, in many instances, favored the ambitious. Ambitious leaders, when they gained control of metals, were able to expand their aegis by conquest. As...
NovaCopper Inc. July 10 reported the start of a work program focused on advancing a pre-feasibility study for the development of an open-pit mine at Arctic, the most advanced of the Upper Kobuk Mineral Projects, a partnership between NovaCopper and NANA Corp., the Alaska Native regional corporation that represents the Iñupiat of Northwest Alaska. The Arctic pre-feasibility work is expected to be carried out over a two- to three-year period. NovaCopper has approved a US$5.5...
First Quantum Minerals Ltd. has agreed to invest US$2 million on a drill program aimed at further investigating the potential of Millrock Resources Inc.'s highly-prospective copper-gold project in western Alaska. The roughly 500,000-acre property extends about 75 miles from Stepovak Bay near the southwestern end of the Alaska Peninsula to a few miles north of Chignik Bay, one of the primary ports in the area. Millrock optioned the property in 2012 from Bristol Bay Native...
Coeur Mining Inc. July 9 said its Kensington Mine in Southeast Alaska produced 29,845 ounces of gold during the second quarter, down about 12 percent from the 33,909 oz recovered during the first quarter. Mill throughput during the second quarter averaged a robust 1,875 tons per day, but gold grades dipped to 0.18 oz/t compared with 0.24 oz/t during the first three months of 2015. Coeur anticipates that Kensington will produce 110,000-115,000 oz of gold for full-year 2015....
