The mining newspaper for Alaska and Canada's North

Articles from the November 8, 2024 edition


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  • Smartphone with Hecla logo on the screen in front of a computer monitor.

    Hecla names Krcmarov as president and CEO

    Shane Lasley, Mining News|Updated Nov 13, 2024

    Geologist and former executive vice president of growth at Barrick takes the helm of America's largest silver mining company. Marking a new era for the oldest and largest primary silver-producing company in the United States, Hecla Mining Company has appointed Rob Krcmarov to be its new president and CEO beginning on Nov. 7. "Rob is a highly respected figure in the mining industry with a proven track record across various international markets," said Hecla Mining Chair...

  • Molten gold is being poured into a bullion mold.

    Kinross' Fort Knox produces record gold

    Shane Lasley, Mining News|Updated Nov 8, 2024

    High-grade ore from Manh Choh elevates gold output at Interior Alaska mine above 149,000 oz during Q3. Kinross Gold Corp. Nov. 6 reported that its Fort Knox Mine in Alaska produced 149,093 ounces of gold during the third quarter of 2024, which is more than double the 69,914 oz produced during the previous three-month period and the 71,611 oz produced during the third quarter of 2024. This significant jump in production at the iconic mine about 20 miles north of Fairbanks,...

  • Aerial view of industrial building and ponds surrounded by fall foliage.

    Hecla silver production pace slows in Q3

    Shane Lasley, Mining News|Updated Nov 7, 2024

    Eagle Mine heap leach failure impacts Keno Hill; silver output at Greens Creek and Lucky Friday also slows. Hecla Mining Company Nov. 7 reported that permitting delays at its Keno Hill mine in the Yukon, coupled with slightly lower quarterly production at its Greens Creek and Lucky Friday operations, has knocked the Idaho-based mining company off its pace to produce 17 million ounces of silver in 2024. Over the first six months of this year, Hecla's operations had produced...

  • Geologist standing atop a rocky outcrop at Klondike Gold’s property.

    Klondike potentially doubles Stander strike

    A.J. Roan, Mining News|Updated Nov 7, 2024

    Recent assays add to mineralized zone; doubled strike with 50% more width. Klondike Gold Corp. Nov. 5 announced the results from the next seven holes from its 2024 drill program at the Stander Zone on its Klondike District property in Yukon, with step-out drilling revealing further high-grade mineralization and extending known gold zones to the southwest and northwest. The 2024 exploration season began in late April, building on discoveries from 2023 that highlighted the...

  • An aerial photograph of the Town of Hay River, Northwest Territories.

    PPML, Hay River forge growth agreement

    A.J. Roan, Mining News|Updated Nov 7, 2024

    Partnership outlines plans for sustainable development and regional growth at Pine Point. In a move set to reshape the economic landscape of the Hub of the North, Pine Point Mining Limited (PPML) and the Town of Hay River have signed a memorandum of understanding to advance the revival of the historic Pine Point zinc-lead project, establishing a framework for sustainable development and local opportunity in the Northwest Territories. Located along the southern shore of Great...

  • Picture of the snowy wilderness of AurMac project in Yukon.

    Latest assays from AurMac confirm controls

    A.J. Roan, Mining News|Updated Nov 7, 2024

    Recent results highlight mineral continuity and new gold-rich zones. Banyan Gold Corp. Nov. 4 announced promising assay results from its 2024 drill program at the AurMac project in Yukon, showcasing new high-grade gold intercepts and confirming structural controls at the Powerline deposit. Situated in Yukon's prolific Tombstone Gold Belt, the AurMac project covers 173 square kilometers (67 square miles) of mineral-rich terrain, 40 kilometers (25 miles) from Mayo and 356 kilome...

  • Geologist examining rocky outcrop along a cliff in Yukon, Canada.

    Yukon Metals uncovers targets at Star River

    A.J. Roan, Mining News|Updated Nov 7, 2024

    New surveys at Star River reveal strong EM targets with high gold, silver assays. Yukon Metals Corp. Nov. 5 announced the identification of multiple strong electromagnetic geophysical targets at its Star River Project in Yukon, with several conductive zones aligning with high-grade gold and silver sampling sites. This season, Yukon Metals' exploration at Star River concentrated on refining targets with mapping, sampling, and geophysics, which was carried out in partnership...

  • Metallic silver-colored stibnite crystals radiate out from a central point.

    US Antimony stakes another Alaska project

    Shane Lasley, Mining News|Updated Nov 6, 2024

    Montana-based antimony producer stakes Stibnite Creek project west of Tok, Alaska. United States Antimony Corp. Oct. 6 announced that it has staked six square miles (3,840 acres) of state mining claims covering the historical Stibnite Creek antimony project near the crossroads town of Tok in eastern Alaska, marking the second Alaska project picked up by the Montana-based antimony producer this year. "The State of Alaska is under-explored, and we are considering other mining...

  • Looking up a pile of core toward a drill testing a mineral project in Alaska.

    Evidence of larger Illinois Creek CRD system

    Shane Lasley, Mining News|Updated Nov 5, 2024

    Drilling at Warm Springs mineralization reminiscent of Illinois Creek to the south and Waterpump Creek to the north. Western Alaska Minerals Corp. Nov. 5 reported that the final six holes of its 2024 drilling at Illinois Creek has added to the evidence that Warm Springs is a critical link along a roughly five-mile (eight kilometers) long trend of carbonate replacement deposit (CRD) mineralization that extends from the gold-rich Illinois Creek deposit to the silver-rich...

  • A drill at Northern B.C. project with mountains and glacier in the background.

    Bonanza gold drilled at Homestake Silver

    Shane Lasley, Mining News|Updated Nov 4, 2024

    One hole cuts half meter of 701 g/t gold within 48 meters of 8.85 g/t gold at Northern BC project. Dolly Varden Silver Corp. Nov. 4 announced that holes infilling a wide gap between previous drilling at the Homestake Silver deposit have cut broad sections of high-grade gold mineralization in this deposit at the north end of the company's Kitsault Valley project in Northern British Columbia. "The identification of a gold-rich, wide and high-grade area within the Homestake...