The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 8 of 8
Mountain Province Diamonds Inc. Oct. 15 reported increased production at Gahcho Kué during the third quarter as crews at the Northwest Territories diamond mine adjust to COVID-19 protocols. A total of 9.88 million metric tons of ore and waste material was mined at Gahcho Kué during the third quarter. This is down about 16% from mine production during the same period of 2019. The lower quarterly mine production compared to same period last year is reduced personnel, travel rest...
White Gold Corp. Oct. 14 reported that it cut high-grade gold mineralization in five of the six holes drilled this year at Ryan's Surprise, a target about 2,000 meters west of the company's flagship Golden Saddle deposit in the Yukon. The Golden Saddle and Arc deposit on the White Gold property host 15.6 million metric tons of indicated resource averaging 2.28 grams per metric ton (1.14 million oz) gold; and 9 million metric tons of inferred resource averaging 1.39 g/t...
Victoria Gold Corp. Oct. 10 reported that its Eagle Gold Mine in the Yukon produced 35,312 ounces of gold during the third quarter, which was lower than expected due to bottlenecks in the production circuit. In July, the company forecast Eagle would produce 85,000 to 100,000 oz of gold during the second half of 2020, or an average of 42,500 to 50,000 oz per quarter. While the gold production is below pace, Victoria is pleased with the performance of the newly commissioned...
Ucore Rare Metals Inc., which has set a plan in motion to begin producing rare earth elements in Alaska by 2023, has shipped more than 1.5 metric tons of material from its Bokan Mountain project to Innovation Metal Corp.'s RapidSX facility in Ontario for concentration and REE separation testing. Ucore acquired Innovation Metals earlier this year and is operating the company as a subsidiary to further advance RapidSX technology for the separation and purification of rare earth...
Sabina Gold & Silver Corp. Oct. 13 reported additional high-grade gold intercepts from drilling of the upper portions of the corridor at the Umwelt Underground resource at its Back River gold project in Nunavut. A feasibility study completed in 2015 details plans for a 3,000-metric-tons-per-day mine at Goose, one of the properties that comprise the larger Back River project. This proposed mine is forecast to produce roughly 2.3 million ounces of gold over an 11.8-year mine...
Skeena Resources Ltd. Oct. 14 announced the completion of a 26,000-meter initial phase of drilling at Eskay Creek and the start of phase-two, a 45,000-meter drill campaign that will have up to 11 drill rigs readying surface mineable resources at the iconic Northern British Columbia gold-silver mine property for a prefeasibility study slated for completion next year. In addition to the two phases of resource upgrade and expansion drilling, Skeena is in the midst of a 17,000-met...
TMAC Resources Inc. Oct. 15 announced that Ottawa has ordered a national security review of Shandong Gold Mining Co. Ltd.'s acquisition of TMAC and its Hope Bay gold mine in the Kitikmeot region of northwestern Nunavut. Under a definitive agreement announced in May, Shandong Gold Mining (HongKong) Co., an overseas subsidiary of the state-owned Chinese gold mining company, would pay roughly US$149 million (C$208 million) to acquire all TMAC shares. The sale of a producing gold...
HighGold Mining Inc. Oct. 15 reported that step out drilling continues to expand the gold-rich resource at the Johnson Tract project in Southcentral Alaska, including a copper-rich zone in the footwall of the JT deposit. According to a calculation earlier this year, the JT deposit hosts 2.14 million metric tons of indicated resource averaging 6.07 grams per metric ton (417,000 ounces) gold, 5.8 g/t (397,000 oz) silver, 5.85% (275.3 million pounds) zinc, 0.57% (26.8 million...
