The mining newspaper for Alaska and Canada's North
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The Chuitna coal project has long been on the kill list for the environmental conflicts Industry. Litigation against the government is among the Enviro-Cons' favorite tools. For reasons that sometimes defy understanding, the courts view such litigation as somehow being in the public interest; and, accordingly, cut this particular ilk of non-governmental organization far more slack than can be justified by reason. At one point, a generation ago, it made a modicum of good sense...
As I write this summary, the annual Alaska Miners Association Convention and Trade Show is right around the corner (Nov. 6-8). Despite the softening commodities prices and generally bearish sentiment expressed by the mining industry throughout the year, in the past month or so, I have seen a refreshing resurgence of that single-most important quality of the Alaska mining industry - optimism! Despite bankruptcies, mine closures, negative feasibility studies and the exodus from...
With nearly five exploration seasons under its belt, Kaminak Gold Corp.'s Coffee Gold Project appears to be on the road to delivering on its potential as an emerging district-scale mining opportunity. Located in the White Gold district of west-central Yukon Territory, Coffee was optioned by Kaminak in 2009 from Yukon prospector Shawn Ryan. The company has explored the property every year since, and reported discovery of at least 11 gold zones. Kaminak CEO Eira Thomas said the fine-grained gold mineralization found at Coffee,...
From Kotzebue to Ketchikan, Alaska Industrial Development and Export Authority is using its financial muscle and its ability to build and operate large infrastructure projects to help mining companies overcome the challenges of developing the often remote mineral riches that the Last Frontier has to offer. "We are working with local communities and mine developers on infrastructure projects throughout Alaska, including port facilities and energy supply," said AIDEA external...
Global base metals consumption is divided into two sectors - China and the rest of the world. By 2017 China will consume more than half of the world's supply of base metals, the remaining 200 countries will make up the remaining 48 percent of the market, according to an October report published by Woods MacKenzie. "Today, the Rest of the World, excluding China, accounts for 54 percent of the global base metals market. However, as we're seeing with many other commodities,...
TerraX Minerals Inc. may have crafted the perfect gold exploration program to carry out during a capital-scarce down cycle. The Vancouver-based junior won a competitive bid in January to explore the gold-rich Northbelt claims, which consists of 121 leases totaling 3,562 hectares (8,802 acres) covering about 13 kilometers of strike along the prolific Yellowknife Belt, 15 kilometers (9 miles) north of the city of Yellowknife, Northwest Territories. The property was offered for sale by Samson Belair/Deloitte & Touche Inc.,...
Prowling through the Klondike gold fields with a knowledgeable driver is a little like traveling back in time. Thanks to rutted, dirt access roads, the bumpy ride takes hours as the SUV crawls past an extended parade of active and abandoned gold diggings and placer mining camps in central Yukon Territory. It is not difficult to envision the thousands of miners who streamed into this wilderness early in the last century to pan, dredge and dig up millions of ounces of gold, or the hardships they must have endured along the...
Explorers chasing mineral deposits in British Columbia, Yukon Territory and Alaska are routinely getting expert assistance with their projects from researchers at the Mineral Deposit Research Unit of the University of British Columbia in Vancouver. A collaborative venture between the mining industry and UBC, the unit was established in 1989 with support and financial assistance from the mining industry and the Natural Sciences and Engineering Research Council of Canada. The unit is an integrated geologic and geophysical...
The lithium-ion battery, power source of the burgeoning electric and hybrid vehicle market, is one of a number of high-technology applications that need healthy doses of graphite. Yet the United States lacks a domestic mine producing this industrial mineral that has gotten a high-tech makeover. The Graphite Creek project in western Alaska, however, hosts one of the largest graphite resources on the planet, a repository that Graphite One Resources hopes to develop into a major global supply of this carboniferous material....