The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 11 of 11
Competition for mining employees is intensifying in Alaska, with mines from the Lower 48 advertising their signing bonuses in Fairbanks, while the Pogo project tries to counter their offers with even bigger ones. State legislators heard about this and other mining issues at the "Gold and Gas in the Interior" meeting at the Fairbanks North Star Borough Assembly Chambers Aug. 22. Two Nevada companies advertised $2,000 signing bonuses in the Fairbanks newspaper in July, and a mine in Montana is offering a $4,000 signing bonus,...
As expected, news has begun to trickle in from projects being worked on across the state. Some of the news is good, some not so good and some makes one scratch the head and wonder what it all means. Two new corporations entered the Alaska exploration industry in August, a trend started late last year as metal prices began their climb to current levels. August also saw the start of several new programs on a wide range of projects spread from the Seward Peninsula to southern Southeastern Alaska. The tally of the good, the bad...
Kensington General Manager Tim Arnold has at last been able to update his presentation to report on real construction. Until now the talk was all about planned timelines, but with all the permits in the bag for Coeur d'Alene's gold project near Juneau, things are happening. Since work began in late June, logging on the mill and camp sites has been completed, the widening of the main access road is well under way and the temporary dock facility has been installed. "I'm not actually a construction guy," Arnold told the...
Alaska's long struggle to bring the Healy Clean Coal Plant on line may come to fruition if state officials find a willing operator. But the Healy plant is not the only clean coal power plant in the far Northwest. Genesee-3, the most advanced coal-fired plant ever built in Canada, is being hailed as an unqualified success after only six months in operation. A joint venture of Epcor Utilities and TransAlta Corp., Genesee-3 came on line March 10. The 450-megawatt generating plant near Edmonton, Alberta cost C$795 million to...
Vancouver, British Columbia-based Northern Dynasty Minerals Ltd. has discovered a significant new porphyry copper-gold system at its Pebble project in near Iliamna in Southwest Alaska, according to Ronald Thiessen, company president and CEO. The discovery has the potential to significantly enhance the size and overall grade of the Pebble deposit, Thiessen said in a Sept. 21 statement. Based on a March 2005 estimate, the Pebble deposit contains measured and indicated resources of 3 billion tonnes, including 31.3 million...
Alaska Gov. Frank Murkowski appointed Bartly Coiley, Usibelli Coal Mine's environmental affairs manager, to the Alaska Minerals Commission in August. Coiley fills the seat vacated by another Usibelli employee, Charles Boddy. The commission makes recommendation to the governor and Legislature on ways to mitigate the constraints on development of minerals, including coal, in the state. There are 11 members of the commission, five of whom are appointed by the governor, three by the president of the Senate and three by the...
Monogold Resources Inc. posted results Sept. 15 of sampling results from its 2005 summer exploration program at the Nyac Gold Project in southwestern Alaska that reinforce its geologists' theory that the prospect contains a gold deposit similar to the Fort Knox gold mine near Fairbanks. (See story in June 19 issue of Mining News.) Tonogold said the latest results represent fill-in sampling done in previously identified prospect areas within a 57,600-acre parcel in the Nyac Mining District in the Yukon-Kuskokwim Delta. High...
A century after copper mining began in Prince William Sound southeast of Anchorage a team of scientists is analyzing the region's environment to find out if metals are having an adverse effect. Not all the results are in yet, but in some places water quality is lower than it should be, LeeAnn Munk said in a presentation to the Alaska Miners Association in Anchorage Sept. 14. Munk, an assistant professor of geological sciences at the University of Alaska Anchorage, has a doctorate from Ohio State in environmental geochemistry...
KoryakGeoldobycha's reputation depends on making a success of Aginskoye mine. Bystrinsky Mining Co., headed by the ebullient Andrei Kozlov, is firing on all cylinders to achieve the first gold pour at the mine by the end of the year. KGD has built a 127-kilometer road northwest from the village of Milkovo to the mine. The contractors who are working at the mine live in the old Soviet exploration camp, but brand new, comfortable housing has been built on site and the old camp will be demolished. It was hoped that the mine...
There has recently been a great deal of talk about how the hard rock mining industry in Alaska "needs to pay its share." One proposal is that this industry should be singled out for the imposition of a severance tax. In discussing this matter with a friend who is not involved with the hard rock mining industry, I was somewhat amazed by her support for this type of taxation. When I suggested to her that major mines often take more than a decade to go from discovery to...
Yukon Zinc Corp., formerly Expatriate Resources, is rapidly advancing a moderate-size project in southeast Yukon toward development. The Yukon Silver-Zinc Project is centered largely on the Wolverine deposit tucked into the side of a mountain in the Finlayson district about 237 kilometers northwest of Watson Lake. The deposit is estimated to contain a 6.2 million-tonne resource. Yukon Zinc employees and contractors culminated nine months of drilling this year Sept. 19 by punching an underground tunnel through the mountain to...
