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
An abnormally long fall has allowed the Alaska mining industry to extend seasonal work well into mid-October, creating a lot of new information about project work conducted around the state. Exploration efforts, in particular, benefitted from this additional field time. Based on information available to date, 2019 exploration expenditures are expected to be in the $135-140 million range, well ahead of the $120-125 million exploration spending tracked for 2018. In addition,...
Avalon Advanced Materials Inc. Oct. 30 announced that Australia-based Cheetah Resources Pty Ltd., a private company recently acquired by Vital Metals Ltd., has made the final cash payment to acquire the near-surface resources at the Nechalacho rare earth elements project at Thor Lake, roughly 100 kilometers (60 miles) southeast of Yellowknife, Northwest Territories. According to a resource calculated in 2012, the Upper zone at Nechalacho hosts 47.2 million metric tons of indic...
Golden Predator Mining Corp. Oct. 29 said it is making significant headway toward the resumption of operations at its Brewery Creek Mine project about 55 kilometers east of Dawson City, Yukon. Viceroy Resource Corp. established a mine at Brewery Creek in 1996 and recovered around 280,000 ounces of gold from the open-pit, heap-leach operation over seven years. With gold prices averaging around US$310/oz in 2002, Viceroy opted to wind down operations at Brewery Creek and put the...
Pebble Partnership CEO Tom Collier is confident that the world-class Pebble copper project in Southwest Alaska will continue to achieve significant permitting milestones during 2020 – and those opposed to developing a mine at Pebble agree. "We've known for some time that our project will meet and surpass the rigorous environmental standards enforced in the United States and Alaska, and believe that it will secure its operating permits. Our critics are starting to understand t...
Trilogy Metals Inc. Oct. 28 reported the final set of assay results from the 2019 drill program at Bornite, part of the company's Upper Kobuk Mineral Projects (UKMP) in the Ambler mining district of Northwest Alaska. The open-pit portion of Bornite hosts 40.5 million metric tons of indicated resource averaging 1.02 percent (913 million pounds) copper; and 84.1 million metric tons of inferred resource averaging 0.95 percent (1.77 billion lb) copper. The underground portion of...
White Rock Minerals Ltd. Oct. 29 said the last hole of its 2019 drill program at Red Mountain indicates the potential for significant resource expansion at this zinc-rich volcanogenic massive sulfide project in Interior Alaska. Two VMS deposits on the Red Mountain property – Dry Creek and West Tundra Flats (WTF) – host 9.1 million metric tons of Australian Joint Ore Reserves Committee- (JORC) compliant inferred resources averaging 5.8 percent (1.17 billion pounds) zinc; 2.6...
Another slumbering zinc giant is being awakened in Canada's far north. The MacMillan Pass project, a venture targeting an extensive package of mining claims assembled recently by junior mining company Fireweed Zinc Ltd., hosts the large, advanced Tom and Jason zinc-lead-silver deposits and other occurrences of these minerals in southeastern Yukon Territory. Established in 2015, Fireweed was organized specifically to investigate the potential of the MacMillan Pass area, where...
Calista Corp., the Alaska Native Claims Settlement Act (ANCSA) regional corporation for the Yukon-Kuskokwim region of Southwest Alaska endeavors to set "the standard for economic success and corporate responsibility." This corporate vision is passed down to Calista's subsidiaries, a group of 30 companies that provide a broad range of services that include heavy equipment sales, rental and service; construction, including pilings and crane services; transportation and...
Race Family Mining Operation, a father and son team of placer gold miners on Jack Wade Creek in Alaska's legendary Fortymile Mining District, is being watched closely by federal regulators, world-renowned jewelers and global tech companies. Capturing the attention of federal regulators typically is not high on the priority list of placer gold miners in Alaska. However, if you are working on U.S. Bureau of Land Management mining claims in a road accessible area of the state...
Calista Corp. and its 31,400 Yup'ik, Cup'ik and Athabascan shareholders are on the cusp of realizing the benefits that will come with the sustainable development of a mine at the 45-million-ounce Donlin Gold project on their land in the Yukon-Kuskokwim region of Southwest Alaska. With 39 million oz of gold in measured and indicated resources that average 2.24 grams per metric ton, and another 6 million oz in the inferred category averaging 2.02 g/t gold, Donlin Gold is truly a...
If anyone has not yet read Mike Satre’s excellent editorial in the October 2019 edition of the Alaska Miner magazine they should stop what they are doing right now and read what he has to say. Mike reports on a presentation that was made to a “Mining Symposium” on Prince of Wales Island on April 24, 2019, by Southeast Alaska Conservation Council representatives Heather Evoy and Sarah Davidson. The presentation was called "Social Impacts of Mining and Engaging with Mining Compa...
