Sorted by date Results 1 - 12 of 12
Victoria Gold Corp. July 27 announced that crews at its Eagle Gold Mine in the Yukon have worked two years without a lost time incident. While a commendable achievement on its own, this safety milestone is particularly exceptional when you consider that this two-year span encompasses mine construction, transition to commercial mining operations, and the complexities arising from COVID-19 travel restrictions and protocols. "Even with recent major announcements including... Full story
Coeur Mining Inc. July 29 reported increased gold production at Kensington, thanks in part to more ore from the higher-grade Jualin deposit at this Southeast Alaska mine. Kensington produced 33,058 ounces of gold during the second quarter, which is slightly higher than the 32,022 oz during the first three months of the year but less than the 34,049 oz during the second quarter of 2019. The steady gold output and strong gold prices helped Kensington generate US$23.9 million of...
Alexco Resource Corp. July 27 announced that it has received the final water use license for Keno Hill Silver District and is advancing the Yukon silver mine toward production. Issued by the Yukon Water Board on July 23, the final water use license authorizes Alexco to source and use water as well as discharge water into approved facilities in and around the Bellekeno, Flame & Moth, and Bermingham underground mines, as well as the Keno Hill mill facility. The license is good...
Strategic Metals Ltd. July 27 announced the start of a 7,000-meter drill program at Mount Hinton, a high-grade gold-silver project in the Keno Hill district of central Yukon. The Mount Hinton property hosts numerous high-grade, gold-silver veins developed in a series of structural zones that cut across the same quartzite unit that hosts the very high-grade silver veins for which the Keno Hill district is renowned. Strategic said the 2020 program, the first large-scale diamond...
From sourdoughs dipping pans into creeks at the northern edge of the frontier to enormous haul trucks dumping ore on a heap leach pad, the story of Dublin Gulch is a 125-year saga of trials and triumphs that culminates in the rise of Eagle Gold, the largest gold mine ever to be built in the legendary Yukon Territory. Like many of the tales of Yukon and Alaska's gold rush days, the Dublin Gulch journey begins with Jack McQuesten, oft called the father of the Yukon, and his... Full story
Resolution Minerals Ltd. July 27 said it is positioned to carry out the full US$5 million program this year at 64North, a gold exploration project next to Northern Star Resources Ltd.'s Pogo Mine in Alaska's Goodpaster Mining District. Earlier this month, Resolution announced a financing that will add A$4.6 million (US$3.3 million) to test high priority drill targets across the 64North projects. Under a deal cut with Millrock Resources Inc. last year, Resolution has the...
Millrock Resources Inc. July 29 reported it has secured exclusive rights to the Treasure Creek and Ester Dome gold exploration projects in the Fairbanks Mining District, adding to the company's portfolio in the Tintina Gold Belt. Treasure Creek is a roughly 34,600-acre land package about 20 miles west of Kinross Gold Corp.'s Fort Knox Mine, which has produced more than 8 million ounces of gold. According to Alaska Division of Geological and Geophysical Survey reports more...
Kinross Gold Corp. July 29 reported higher gold production and lower costs at its Fort Knox Mine in Alaska. During the second quarter of 2020, Fort Knox produced 56,031 ounces of gold, which is roughly an 8% increase over the 51,667 oz produced during the first quarter and slightly better than the 55,440 oz produced at the Interior Alaska mine during the second quarter of 2019. Kinross attributes the increased gold production to higher mill grades and recoveries, when...
As the price of gold reaches historic highs and silver tops US$24 per ounce, Western Alaska Copper & Gold and Piek Exploration are investigating the potential of restarting operations at the past producing Illinois Creek Mine near the Yukon River about 65 miles southwest of the town of Galena and 120 miles north of the Donlin Gold Mine project. In 2018, Western Alaska Copper & Gold and Piek Exploration formed a joint venture to consolidate the entire Illinois Creek district,... Full story
Though world diamond markets remain closed after their shutdown this spring in response to the COVID-19 pandemic, diamond mining in Canada's North is showing signs of life. One mine, Ekati, shut down in the spring remains closed and most explorers have delayed field work until 2021, an intrepid few are reporting pre-pandemic progress and post-pandemic activities. In the spring, the governments of Northwest Territories and Nunavut imposed strict operating guidelines for all...
The July 24 release of a final Environmental Impact Statement that details a mine at Pebble capable of extracting copper, gold, and other valuable metals from a world-class deposit in Southwest Alaska without harming the Bristol Bay salmon fishery is a landmark achievement for Northern Dynasty Minerals Ltd., which has spent the better part of two decades advancing the project to this point. "We're ecstatic to reach this major milestone in the advancement of the Pebble Project...
Each July for the past four decades I have traveled to the Rocky Mountain Mineral Law Foundation’s Annual Institute for the purpose of maintaining my credentials as a lawyer and to keep abreast of developments in the mining industry. Each year I come away with new information and a better insight into matters of interest to me and my clients. One cannot practice mining law for very long without realizing that there is a mountain of statutes and regulations that impact the i... Full story