The mining newspaper for Alaska and Canada's North
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Results from water sampling show that the immediate environmental impacts of an estimated 14.5 million cubic meters of tailings and water released from a facility at Imperial Metals Corp.'s Mount Polley Mine in central British Columbia are isolated primarily to the area immediately below the breached dam. But the extent of the spill's longer term damage to the reputation of the mining sector in B.C. and beyond rests largely on the response of industry and regulators. Leading...
At the same time as the EPA is pushing forward on its planned precedent-setting, pre-emptive, pre-permit veto of the Pebble project and the tailings dam failure at the Mount Polley mine in British Columbia, former Gold Fields Ltd. Chief Geologist Rael Lipson published an eye-opening summary of where porphyry copper-gold projects like Pebble, Mt. Polley and dozens of others around the world fit into the future of gold production. The article, appearing in the July 2014...
The recent dam breach at the Mount Polley Mine in British Columbia has precipitated a bit of consternation among the Pebble Project watchers on both sides of the issue. Predictably, the naysayers have adopted an "I told you so" response, as if there are relevant similarities between what was constructed at Mount Polley, on the one hand, and anything that might be installed at a future mine at Pebble on the other; while the supporters of Pebble although mourning the event,...
WHITEHORSE, Yukon Territory - Quieter streets, emptier skies, shorter business hours and closed shops here are sure signs of tough times in the mining industry. Hours away by helicopter, one can find bare-bones exploration camps and skeleton staffs sprinkled like the occasional grain of visible gold across remote mountain vistas, which also reflect the return to the frugal times of the past. In the wake of more than two years of scarce capital, mineral exploration activity is a shadow of the booming times the territory...
Indicative of the state of mineral exploration in Alaska, and around the world, no drills are turning at NovaCopper's Upper Kobuk Mineral Projects in 2014. Instead, crews crated up 12,918 meters of core from historical drilling at the northern Alaska project and shipped it to Fairbanks where it can more economically be re-logged and readied for re-sampling. At an expected cost of around US$2.7 million, this relatively modest program follows two years of exploration...
HOWARD'S PASS, Yukon Territory - Here at the Selwyn Project, Vancouver-based Selwyn Chihong Mining Ltd. is moving forward with year-round exploration and development that began in June 2013. The company is building a 35,000-metric-ton-per-day zinc-lead mine (roughly 3.5 times the size of the Red Dog Mine in Northwest Alaska) with completion anticipated in 2020. A colossal undertaking, the proposed mine is singlehandedly expected to double Yukon Territory's gross domestic product. It will have a capex of C$2.12 billion, 500...
With 9.9 billion pounds of copper and 38.2 million ounces of gold in reserves, a provincial environmental certificate in-hand and federal approvals pending, Seabridge Gold is in the final stages of gathering all of the components needed to develop a mine at its Kerr-Sulphurets-Mitchell project in northwestern British Columbia. Attracting a partner of the same world-class caliber as the deposits that make up the project simply known as KSM and getting that final stamp of...
Rockhaven Resources Ltd.'s Klaza Project located at the end of the Nansen Road in central Yukon Territory may be coming into its own as an exciting precious metals property. After three years of exploration, the junior has amassed 460 claims, enough to comprise 90-square kilometers (35 square miles) within a highly prospective area of the Dawson Range. In addition, Rockhaven, a company spawned by the folks at Strategic Metals Ltd. and Archer, Cathro & Associates Limited, has gradually stepped out from its first drilling in...
Through its strategic alliance partnership with Nunavut Resources Corp., Transition Metals Corp. has acquired an additional 433 square kilometers (167 square miles) of high potential gold and base metal exploration properties in Nunavut. The alliance acquired the properties located along the Izok-Grays Bay road infrastructure development corridor in western Nunavut this summer through the execution of a mineral exploration agreement with Nunavut Tunngavik Inc., which manages the subsurface mining rights on Inuit owned lands...