The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 14 of 14
The U.S. Supreme Court has agreed to review a Ninth Circuit Court of Appeals ruling that invalidated tailings permits granted by federal regulators for the Kensington gold mine project in Southeast Alaska. The appeals court ruled in May 2007 that disposal of waste generated by processing gold ore at Kensington in a nearby lake would violate the Clean Water Act and negated permits issued by the U.S. Forest Service and the U.S. Army Corps of Engineers. Coeur Alaska Inc.,...
Assays are beginning to roll in from projects around Alaska with some particularly impressive results from gold exploration in the Livengood District and equally impressive polymetallic results from the Fortymile and Haines Districts. Additional results from gold, copper, base metal and uranium projects are due to come out in the near future as the bulk of Alaska's seasonal exploration programs begin to churn out their results. Although gold, silver and copper prices remain high, lead and zinc prices are down 20 percent in...
There is no other explanation for the situation we are in - the gods must be crazy. Consider this: Gasoline prices are through the roof, but Congress won't compromise a postage stamp footprint on the Arctic Ocean to tap the reserve under Kaktovik; environMENTALists, having successfully run the timber industry out of Southeast Alaska, are now bent on dragging the region's tourist industry to its knees; our Governor believes gas producers shouldn't build pipelines; and the...
When voters go to the polls Aug. 26, they will be asked to accept or reject Ballot Measure 4, a controversial proposal that is throwing into limbo years of progress in building up a hardrock mining industry in resource-rich Alaska. Titled "Bill Providing For Regulation Of Water Quality (07WTR3)," the measure reads: This bill imposes two water quality standards on new large scale metallic mineral mining operations in Alaska. The first standard does not allow such a mining operation to release into water a toxic pollutant that...
Indicator Minerals Inc. said its partner, Teck Cominco Ltd., has discovered kimberlite boulders in apparently a new area of the Darby Project in Nunavut. "These are significant new discoveries because they appear to have come from a cluster that is separate and distinct from the previously identified kimberlites on the Darby Property," Dave Kelsch, vice president of exploration for Indicator Minerals, said in a July 16 statement. "Follow-up work to identify the source of the boulders has already started and the emphasis for...
In a July 3 decision, the Alaska Supreme Court confirmed that the ballot initiative 07WTR3 is not an appropriation and can be placed on the ballot for the August 26 Alaska primary election. Ballot Measure 4 is currently listed in the Division of Elections 2008 primary election media packet. According to that listing, the ballot measure facing Alaska voters will read: Ballot Measure 4 - Bill Providing For Regulation of Water Quality (07WTR3) This bill imposes two water quality...
KENO HILL - Here amid hills dusty with glacial silt in the eastern Yukon, miners have tapped rich veins of silver and gold for nearly a century, right up until silver prices tanked in the late 1980s. In its heyday, the historic Keno Hill silver mining district boasted more than 40 producing mines and at least two bustling villages, Mayo and Keno City. Miners not only grubbed for pay dirt, they made homes in the valleys beneath the mines and raised families while extracting the gray precious metal. In all, the district has...
CARMACKS - Western Copper Corporation said its Casino copper-gold-molybdenum deposit in central Yukon Territory has the potential to be developed economically as a sizable open-pit mine. The porphyry deposit at Casino is the latest in a long line of precious- and base-metal zones of mineralization in the area to be considered for extraction. It is considered unique among Canadian porphyry deposits, with a substantially preserved oxide gold leach cap, a well-developed supergene or near-surface, copper-enriched zone, and a...
The Alaska Department of Natural Resources has come under criticism from a coalition of environmental group representatives and former state officials, who say the state agency's oversight is not enough to police the effects of exploration and possible development of the Pebble copper-gold-molybdenum deposit in the Bristol Bay Region of Southwest Alaska. In an article titled, "Pebble Mine: Fish, minerals and testing the limits of Alaska's large mine permitting process," the...
Western Copper Corp. cleared an important hurdle July 21 in the permitting process for its Carmacks copper project 38 kilometers, or nearly 24 miles, northwest of the town of Carmacks in central Yukon. The Executive Committee of the Yukon Environmental and Socioeconomic Assessment Board released a final screening report for the proposed Carmacks Copper Project that concluded the project may go ahead without further YESAB review. The decision paves the way for Western Copper to obtain a quartz mining license and move ahead wit...
NovaGold Resources Inc. July 11 posted its second-quarter financial results and admitted that the company has encountered significant problems getting Rock Creek, its most advanced gold mining project, up and running. NovaGold also outlined plans to sell some of its noncore assets, including its Ambler lead-zinc property near the Red Dog Mine in Northwest Alaska. NovaGold said it initially budgeted about $42 million in fiscal 2008 to complete construction at the Rock Creek mine near Nome. However, significant adverse weather...
International engineering and project manager AMEC plc said it has won a C$150 million contract from Baffinland Iron Mines Corp. for the C$4.1 billion Mary River Iron Ore Project on Baffin Island, Nunavut Territory. The contract, through which AMEC will provide engineering services, logistics planning, procurement support and construction management services for both the mine facility and export infrastructure, is scheduled to run until 2014, when the proposed Mary River mine is targeted for startup. The high-grade Mary...
Full Metal Minerals reported assay results July 16 showing indium among metals present in the LWM deposit at its Fortymile property in East-Interior Alaska. The Vancouver, B.C.-based junior mining company also released results from another nine holes drilled at the high-grade zinc-silver-lead-copper deposit. Among highlights of the assay results: LWM08-28: 1.6 meters true width averaging 26.2 percent Zinc, 14.3 percent Lead and 246.0 g/t Silver LWM08-32: 19.9 meters true width averaging12.5 percent Zinc, 8.1 percent Lead and...
ILIAMNA - The Bristol Bay region of Southwest Alaska is the home to two world-class resources: a celebrated sockeye salmon fishery and the humongous Pebble copper-gold-molybdenum deposit. This combination offers the potential for an enduring vibrant economy. But the challenge for owners of a proposed mine at Pebble is to create a workable development plan for the mineral resource that poses no threat to the fish resource that relies on the area's rivers and streams for its...
