The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 26 - 50 of 86
BLT: LON Chief Executive Officer: Marius Kloppers Chief Financial Officer: Alex Vanselow London-based BHP Billiton, one of the world's largest diversified resources companies, owns nearly 80 percent of the Ekati diamond mine, Canada's first surface and underground diamond mine, which officially began production in 1998. Located about 310 kilometers, or about 192 miles, northeast of Yellowknife, Ekati has about 156 kimberlite pipes with both open-pit and underground mining operations. The Panda and Koala pits are underground...
Kiska Metals Corp. emerged on the Alaska exploration scene as the result of a merger between Geoinformatics Exploration Inc. and Rimfire Minerals Corp. The amalgamated company has a portfolio of ten precious metal properties including its flagship Whistler gold-copper project located 150 kilometers, or 92 miles, northwest of Anchorage, Alaska. Kiska will be led by the current Rimfire management team, including President and CEO Jason Weber and Mark Baknes, vice president,...
CZX: TSX-V Chairman and CEO: Peeyush Varshney President: Jim Mustard Vice President, Exploration: John R. Fraser Canada Zinc Metals (formerly Mantle Resources), was organized in 1988 in British Columbia. This junior is focused on unlocking the potential of a future long-life mining district in the Kechika Trough, a prolific mineral belt that hosts more than 80 million metric tons of base metal resources. Canada Zinc Metals owns 78,526 hectares, or 189,248 acres, in 233 claims, which extend northwestward from the Akie...
The Pebble Partnership, a 50-50 venture between Northern Dynasty Minerals Ltd. and Anglo American plc, put together a 2009 budget of US$70 million focused on completing a pre-feasibility study for the enormous copper-gold-molybdenum project in Southwest Alaska. While $70 million is a robust program, it is only about half of what the Anchorage-based Pebble Partnership spent in 2008. Pebble spokesman Mike Heatwole told Mining News that the reduced budget is due primarily to the...
CZN: TSX; CZICF: OTC Chairman and President: John F. Kearney Vice President Exploration: Alan Taylor Canadian Zinc Corp. is an exploration and development company focused primarily on rapidly bringing the Prairie Creek zinc, lead and silver project located in the Mackenzie Mountains of Northwest Territories into possible production. An NI 43-101-compliant report in 2007 estimated the Prairie Creek property hosting total measured and indicated resources exceeding 5.8 million metric tons grading 10.71 percent zinc, 9.90...
Mineral-rich Nunavut Territory celebrated its 10th anniversary in 2009 and mining explorers seeking diamonds and precious and base metals brought their drills to the party. The territory, home to only 31,000 people living in 25 small, scattered communities, covers 1.9 million square kilometers, or one fifth the land mass of Canada and dwarfs Alaska by nearly 200,000 square miles. Of the young territory's economic prospects, mineral resource development offers perhaps the most long-term potential. "When I started work in...
With reserves in the main pit of the Red Dog zinc-lead-silver mine running low, Teck Resources Ltd. and NANA Regional Native Corp. waited, with cautious optimism, for the U.S. Environmental Protection Agency to provide final approval for development of the Aqqaluk deposit, a huge zinc-lead deposit that would extend the life of the Red Dog zinc mine by about 20 years. Since the partners in the world's largest zinc mine began mining Red Dog's Main Pit in 1989, they have removed...
CCM: TSX/CRCUF: OTC-BB/CAN: DB-Frankfurt Chairman and CEO: Bradford Cooke President and COO: Garry Biles Vice President, Exploration: James Moors Canarc Resource Corp. is a 22-year-old junior mining company focused on building shareholder value by discovering and developing gold mines throughout the Americas. Barrick Gold Corp. is a shareholder. Canarc currently is working to restart the Polaris-Taku Gold Mine in northwest British Columbia, a past producing, high-grade gold mine now called New Polaris. The company is...
Sumitomo Metal Mining Co. Ltd. and Sumitomo Corporation closed a deal in July to purchase Teck Resources Ltd.'s 40 percent interest in the Pogo Gold Mine in Interior Alaska. The transaction required the Japanese companies to pay Teck US$245 million, plus an undisclosed amount of working capital. As a result, Sumitomo Mining and Sumitomo Corp. now own 100 percent of Pogo, with the former increasing its share to 85 percent from 51 percent, and the latter to 15 percent from 9...
Usibelli Coal Mine Inc. completed a property wide reassessment of all available geologic data of its leases in the Nenana Coal Field in Interior Alaska, increasing its surface mineable coal reserves to around 700 million tons. The fourth-generation, family-owned company said future exploration and analysis is expected to push its reserves up to nearly 1 billion tons. The coal company has been collecting information about the Nenana Coal Field since 1943, when Emil Usibelli...
CAJ: TSX-V Director: Graeme Sewell President and Director: Negar Towfigh Project geologist: E.R. Kruchkowski Canasia Industries Corp. is a Canadian exploration company dedicated to aggressive pursuit of world-class mineral deposits. Among the junior's opportunities is the Clone gold property located in the Eskay Creek-Stewart Region of British Columbia about 20 kilometers, or 12 miles, southeast of Stewart, B.C. and the Canada-Alaska border. Canasia holds an option to acquire a 50 percent interest in the property from owners...
After spending $750 million to buy out Rio Tinto's 70.27 percent interest in the Greens Creek Mine in April 2008 and then watching base metal prices plummet, Hecla Mining Co. chose to be prudent in its 2009 exploration of the zinc-rich silver mine. Though restrained, the Idaho-based silver miner's US$3.4 million exploration budget for Greens Creek continued the tradition of replenishing the reserves currently being mined as well as drilling a contact zone that could become a...
CS: TSX Vice Chairman, CEO: Darren Pylot President, COO: Stephen Quin Vice President, Exploration - Canada: Brad Mercer Capstone Mining Corp., founded in 1987 in British Columbia, is primarily focused on operating, expanding and exploring the company's two producing copper mines, including the Minto copper-gold-silver mine in central Yukon Territory. Capstone also aims to grow both organically and through mergers and acquisitions: organic growth through continued mineral resource and reserve expansions at its operating mines...
Kinross Gold Corp. - operator of the largest gold mine in the Tintina Gold Belt - has embarked on a treasure hunt in hopes of identifying another Fort Knox-like deposit in this gold-rich province. The Tintina belt is a boomerang-shaped swath of land that spans the breadth of Alaska, through the Yukon Territory and into northern British Columbia. While Kinross works to extend the mine life of Fort Knox after 13 years of production through drilling, the Toronto-based miner is also investing in junior explorers with promising pr...
CMF: TSX President and CEO: George F. Fink Chief Operating Officer: Mark J. Balog Vice President, Project Development: Tom Morrison Comaplex Minerals Corp. explores for precious and base metals in Canada's Far North. In business since 1987, Comaplex strives to generate the majority of its prospects internally, acquire properties in geologically favorable areas and conduct appropriate exploration programs to develop their economic potential. To support its mineral exploration activities, Comaplex has invested in producing oil...
CMD: TSX-V President and CEO: Kenneth Leigh Chairman: David Watkins Vice President, Exploration: Bernard H. Kahlert Commander Resources Ltd., incorporated in 1987 in British Columbia, is a diversified junior exploration company employing project generation and leverage strategies aimed at exploration and discovery in Canada where potential is high and political risk is low. Commander's strategy is reflected in its extensive property portfolio, including two Nunavut properties, Baffin Island Gold, a large district-scale iron...
KRX: TSX-V President and CEO: Gerald G. Carlson Non-Executive Chairman: William M. Sheriff Vice President, Exploration: J. Greg Dawson Copper Ridge Explorations Ltd., incorporated 1983 British Columbia as Payday Resources Inc., has a diversified commodity focus including base metals, precious metals, uranium and tungsten. Copper Ridge's exploration philosophy is to maximize the potential for success in a high-risk business. The company believes that with grassroots mineral exploration where the entry cost is low but the...
Most of the mining companies looking for minerals in northern British Columbia ushered in 2009 with high hopes and little else. "It's a perfect storm. The credit crunch in the world financial system has led to a worldwide recession and a collapse in commodity prices. In equities, there is nowhere to hide. Financing has become expensive and difficult to get. I have never seen more difficult conditions for junior resource companies in my entire career," said Hard Creek Nickel Corp. President and CEO Mark Jarvis in describing...
Since Mantra Mining Inc. emerged as the vehicle in which NovaGold Resources Inc. would spin off its noncore assets, the Vancouver B.C.-based junior has positioned itself to become a major player on the Alaska mining scene. In 2009 Mantra acquired whole or part interest in more than 417,000 acres of mining properties in western Alaska, assembled an impressive management team and board of directors (including two Thayer Lindsley award winners) and raised C$5 million to...
TSX: HW/NYSE: HWD/RTP:LON & NYSE DDMI Manager Operational Readiness: Richard Storrie DDMI Superintendent, Geotechnical Engineering: Sarah Greer DDMI Chief Geologist: David Eichenberg The Diavik Diamond Mine is an unincorporated 60-40 joint venture between Diavik Diamond Mines Inc., a subsidiary of London-based Rio Tinto plc, and Harry Winston Diamond Mines Ltd., a subsidiary of Toronto-based Harry Winston Diamond Corp. Both companies have headquarters in Yellowknife, Northwest Territories. Diavik Diamond Mines manages the...
EPL: TSX-V President and CEO: Tim J. Termuende Chief Financial Officer and Director: Glen J. Diduck Vice President, Exploration and Director: Charles C. Downie Eagle Plains Resources Ltd. is a 20-year-old junior mining and exploration company with numerous exploration projects in western and northwestern Canada, including the provinces of British Columbia, Yukon Territory and Northwest Territories. Its primary objective is to enhance shareholder value through the acquisition and development of early-stage exploration...
When Greg Beischer and Phil St. George teamed up to form Millrock Resources Inc. early in 2007, they set out to make big discoveries that would attract the interest of the world's mining giants. The Millrock team has the background to know what global mining companies are looking for and the geological expertise to find it. Beischer, the Vancouver B.C.-based junior's president and CEO, spent two decades working for Inco Ltd., now a subsidiary of global mining giant Companhia...
FT: TSX President and CEO: Robin E. Goad Vice President, Finance & CFO: Julian Kemp Vice President, Operations: Tom Rinaldi Fortune Minerals is a diversified natural resource company with several mineral deposits and a number of advanced exploration and development projects, all located in Canada. The company's projects include the Mount Klappan anthracite coal deposits located 150 kilometers, or 97 miles, northeast of the port of Stewart in British Columbia; the NICO gold-cobalt-bismuth-copper deposit, located 160...
GPD: TSX-V Chairman and CEO: William M. Sheriff (mug) President: Robert Eadie President of True North Mining Corp.: Art Ettlinger Golden Predator Royalty & Development Corp., spun-out with the precious metal assets of Golden Predator Mines Inc. in January, hit the ground running with a revenue-generating gold royalty portfolio anticipating 2009 revenues of about C$1.2 million. The new Vancouver, B.C.-based junior also boasts a large asset base in Nevada and Yukon Territory with over 38 precious metals projects. The company...
Forging a partnership in 2008 on the Man Project in Alaska, Pure Nickel Inc. and Itochu Corp. launched a US$4.9 million exploration program at the high-grade nickel-copper-platinum group element property located 400 kilometers, or 248 miles, northeast of Anchorage. The new partners aim to explore this massive property, which hosts multiple intrusive complexes containing high-grade base metal and PGE mineralization. Tokyo-based Itochu is a publicly listed 150-year-old...
