The mining newspaper for Alaska and Canada's North

Articles from the August 29, 2010 edition


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  • Japan plays key role in Alaska mining

    Shane Lasley, Mining News|Updated Aug 29, 2010

    Japan is an important player in Alaska's mining industry. The island nation imports more than US$125 million in minerals from the Far North state annually and Tokyo-based businesses own the Pogo gold mine and are making significant investments in other mining projects across the state. To further strengthen this mutually beneficial bond, Alaska accepted an invitation by Japan Oil, Gas and Metals National Corp. to update the country's minerals business community about the state...

  • Columnist tips hat to mine developers

    Curt Freeman, For Mining News|Updated Aug 29, 2010

    In the last month, several of Alaska's major metal mines reported strong operating numbers; one company released a preliminary economic assessment and three new mineral exploration companies acquired exploration interests in Alaska. While the functions of explorers and producers are quite different, the symbiotic relationship between the two ends of the mining cycle is unequivocal: exploration would not exist without production and production would eventually cease without...

  • Resource quandary evokes famous poem

    J. P. Tangen, For Mining News|Updated Aug 29, 2010

    As we approach the 2010 primary election (which will be history by the time this article is read), it is worth pondering how rapidly Alaskans, like the crewmates of the Ancient Mariner, are plunging toward oblivion in the midst of a sea of plenty. The warnings of those who opposed statehood are now beginning to take shape. Alaska will never be able to feed itself, they argued. Proponents pointed to the vast wealth of the state and for a brief moment in time their faultless log...

  • Explorers trek to mining-friendly Yukon

    Rose Ragsdale, For Mining News|Updated Aug 29, 2010

    THISTLE CREEK, Yukon Territory - The Bell Jet Ranger helicopter just landed, while the A-Star unloaded passengers before powering down its engines on the other side of the creek. A third, smaller copter whined as its rotors buffeted bystanders with gusts of dust and debris during takeoff. Meanwhile, a small plane soared overhead. Welcome to the Dawson Mining District of central Yukon in early August. Or as one wag joked: "JFK West!" Visitors prepared to tour Kaminak Gold Corp.'s mining exploration camp here as a three-man...

  • Miners rock first-ever 'Dawson Rocks'

    Rose Ragsdale, For Mining News|Updated Aug 29, 2010

    DAWSON, Yukon Territory - "If we hold it, they will come," reasoned Mike Burke, head of Mineral Services at the Yukon Geological Survey. True to his expectations, some 70 prospectors, geologists and junior companies flocked to a Front Street meeting hall here Aug. 11 for the first-ever "Dawson Rocks," a one-day rock show/conference in what is fast becoming one of the world's hottest hardrock mining jurisdictions. A jovial crowd, attendees ranged from prospectors pedaling lucrative quartz claims to juniors touting new mineral...

  • Juniors pour millions into Yukon projects

    Rose Ragsdale, For Mining News|Updated Aug 29, 2010

    DAWSON, Yukon Territory - Hardrock mining explorers are capitalizing on unprecedented investor interest and going after paying gold, silver, copper-rich porphyry, lead-zinc and other metal deposits here with uncommon gusto this summer. A few years ago, a multimillion-dollar, single-season exploration program would have been a rare commodity in the Yukon. But this year, at least a half-dozen juniors have joined one major, Kinross Gold Corp., and the Yukon's only producer, Capstone Mining Corp., in forking over megabucks to...

  • Tower Hill unlikely to clone Fort Knox

    Shane Lasley, Mining News|Updated Aug 29, 2010

    Having completed a preliminary economic assessment for the Livengood project in early August, International Tower Hill Mines Ltd. has shifted its focus toward bringing the multimillion-ounce gold property into production. "Our operational team is making excellent progress in advancing the project down the development and permitting path, a process which we will continue to accelerate," Tower Hill President and CEO Jeff Pontius told Mining News Aug. 17. The PEA envisions a...

  • Constantine expands VMS, gears up for gold

    Shane Lasley, Mining News|Updated Aug 29, 2010

    Constantine Metal Resources Ltd.'s 7,500-meter drill program continues to unravel the complex geology of Glacier Creek Prospect at the Palmer copper-zinc-gold-silver project in Southeast Alaska. The South Wall and RW zones at Glacier Creek has been the focus of Constantine's drilling since the junior began exploring Palmer in 2006. With 32 holes drilled into the prospect through 2009, the junior released an initial inferred resource of 4.12 million metric tons grading 2.01...

  • Explorers seek new uranium discoveries

    Rose Ragsdale, For Mining News|Updated Aug 29, 2010

    While intrepid juniors are busy pursuing another season of uranium exploration in Nunavut, the Government of Nunavut, in partnership with the federal government through the Canada-Nunavut Geoscience Office are participating in a major collaboration between government, industry and academia in hopes of achieving similar objectives - gaining a better understanding of the region's prospectivity for the radioactive mineral. "In Nunavut much of this geology is poorly understood," says Peter Taptuna, Nunavut's Minister of Economic...

  • Explorer expands metal-rich VMS at Niblack

    Shane Lasley, Mining News|Updated Aug 29, 2010

    Heatherdale Resources Ltd., a subsidiary of Hunter Dickinson Inc., is living up to its pledge to aggressively explore the Niblack copper-gold-silver-zinc project on Prince of Wales Island in Southeast Alaska. Some 18,000 meters of drilling completed by the junior over the past year traced nearly 1,000 meters of precious metal-rich volcanic massive sulfide mineralization under Lookout Mountain. Heatherdale optioned the project from CBR Gold Corp. (now Niblack Mineral...