The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 9 of 9
A new copper discovery in Mongolia's South Gobi region could rival Alaska's Pebble deposit as one of the most valuable in the world. Drilling on the Hugo North deposit at the Oyu Tolgoi copper-gold project has produced impressive results, according to a Nov. 18 release from Ivanhoe Mines. Ivanhoe's controversial chairman, Robert Friedland, denies media accusations that he has been over-hyping the company's Mongolia finds. "Based on my 30 years of experience in the exploration business, I believe the Hugo North deposit is the...
After seeing his daughter Lisa elected to the U.S. Senate, the first place Alaska Gov. Frank Murkowski headed to on Nov. 3 was the Alaska Miners Association convention in Anchorage. Perhaps because of his good mood, Gov. Murkowski promised to request a $700,000 addition to next year's budget for enhanced airborne geophysical surveys. In a speech to the convention two days later, Alaska Department of Natural Resources Commissioner Tom Irwin confirmed the state's enthusiasm for the mining industry. "Men and women of the Alaska...
Exploration at five porphyry-copper gold properties in the Quesnel trough of northern British Columbia is proving its worth, Vancouver-based Serengeti Resources announced in a Nov. 18 release. All the properties lie within 10 kilometers of the Omenica mining access road, with the Choo and Darby prospects directly accessible off logging and mining roads. The Choo property is 25 kilometers west of Placer Dome's Mount Milligan Deposit. "Serengeti's recently completed fall program on these five highly prospective properties,...
After a busy summer, Northern Dynasty Minerals Ltd. is on schedule and optimistic it can meet its timeline for a 2009 commencement of mining operations at its Pebble deposit, a proposed open pit, gold-copper-molybdenum-silver mine near Iliamna in southwestern Alaska, according to Bruce Jenkins, Northern Dynasty director of corporate affairs. The company completed intensive infill drilling in 2004, sufficient to move the project to the bankable feasibility study level, Jenkins told an audience Nov. 4 at the Alaska Miners...
Placer mining in Canada's Yukon Territory has increased significantly this year, and although there are no operating hard-rock mines in the territory yet, that may change soon. Mike Burke of the Yukon Geological Survey outlined the varied projects of the past season at the Alaska Miners Association Convention in Anchorage on Nov. 4. In particular, he drew attention to Expatriate Resources' exploration in the Finlayson Lake District at Wolverine, for which the company has raised C$16.6 million. Wolverine is one of several impo...
Neither the heat and smoke from wildfires, nor excruciatingly low winter temperatures could deter miners from expanding their operations in Alaska this past season. Representatives of several companies described their achievements in the "Development and Mine Operations" session at the Alaska Miners Association convention on Nov. 5. NovaGold Resources' Rock Creek John Odden from NovaGold Resources began with a presentation on Rock Creek, which is located on the Seward Peninsula, seven miles north of Nome. Part of it is on...
The first of two-seasons of construction is under way on the Nome Glacier Creek Road realignment in western Alaska. This is just one of a number of mining road and port projects the Alaska Department of Transportation and Public Facilities has carried into Phase II, Mike McKinnon, the project's manager, told the Alaska Miners Association annual conference in Anchorage Nov. 4. For five years, he said, the department has "been looking at the issue of industrial development roads with the idea that there are situations where...
The Canadian Clean Power Coalition said Nov. 16 that phase one of its research program indicated electricity from coal can be cleaner than natural gas, but cost remains an issue. CCPC, a coalition of Canadian coal and coal-fired electricity producers, was trying to determine the viability of clean coal technology for use in Canada. The group, formed in 2000 to research, develop and demonstrate commercially viable clean coal technology by 2012, said technology would be required to reduce or eliminate all air emissions, includi...
The month of November started off with a bang with favorable results for the mining industry from both the state and federal elections standpoint. As it closes the price of gold is flirting with $450 per ounce, the highest price for this metal since mid-1988. The Alaska Miners Association convention was very well attended in early November and results were revealed there from many of Alaska's exploration, development and production properties. A quick tally of spending across...
