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
Brixton Metals Corp., the newest explorer and among the largest landowners in the Kahiltna Terrane region of Southwest Alaska, is on a mission to acquire large-scale precious metals properties and advance them to feasibility. To this end, the company has cut exploration deals to explore Millrock Resources Inc.'s Cristo gold-copper property in Southwest Alaska and Kiska Metals Corp.'s Thorn gold-silver-copper project in Northern British Columbia. "Brixton's vision is to focus o...
As the last days of the decade tick by, I am tempted to look back on 2010 and distill the year in a few sentences. I'll resist and opt for a bunch of sentences similar to some I recently dumped on the Society of Economic Geologists, an exploration-focused scientific organization of which I am a card-carrying member. Those words prompted more than a few heated responses, both supportive and not so supportive ("You're a pin-head" is the one that will probably stick with me...
During the winter months, many of us who follow the mining industry find ourselves involved in conventions and other meetings that, among other things, give us a chance to take the pulse of the industry. Of course, there are many indicia of our condition - US$1,400 gold and other attractive prices for commodities; the sure and certain knowledge that mining law "reform" has been kicked down the field for a few years; the sheer volume of work that crosses my desk; etc. Nonetheless, one doesn't have to have too many gray hairs...
Near the top of the world a major mining company is quietly ramping up development of the first gold mine in what is sure to become a major gold mining district. After putting the brakes on development of its Hope Bay Gold Project during the last half of 2009 because of the global economic downturn, Newmont Mining Corp. has rallied in 2010 to advance the development by leaps and bounds in a US$200 million program that tackles challenges on several fronts. Hope Bay is North America's largest undeveloped greenfield with a...
A revitalized Yukon Territory is ushering in a new era of mining prosperity as two more mines enter production this winter. "For the first time in a generation," the territory will have three operating mines that together will employ more than 400 workers and provide 100 direct service jobs and countless indirect positions and generate C$800 million for the Yukon economy annually," said Yukon Premier Dennis Fentie. "That's almost as much as the Government of Yukon's entire C$1 billion yearly budget." The recent startup of...
A pair of gold discoveries led a torrent of exploration news pouring out of Yukon Territory this year as numerous newcomers joined old hands in the hunt for the yellow metal and other lucrative minerals. "We've entered a new phase of exploration. People are using soil sampling as an unbiased targeting method that is resulting in discoveries of new mineral potential," Yukon geologist Mike Burke, told more than 500 participants in the Yukon Geoscience Forum Nov. 22. The areas where people are looking are expanding as miners...
Since being elected to his first full term as Alaska's governor in November, Gov. Sean Parnell has delivered tough words to groups he sees as attempting to block the development of the state's resources. "We are under an unprecedented assault by federal agencies and environmental groups to lock up Alaska's resources," Parnell said during a Nov. 18 presentation to the Resource Development Council's annual conference in Anchorage. "This is our immediate reality - yours and...
With coal demand on the rise both in Alaska and the Pacific Rim, Usibelli Coal Mine Inc. coal sales are expected to top 2 million short tons in 2010, marking another record year for the family-owned business. Usibelli Vice President of Planning and Budget Keith Walters told Mining News that the record sales are split nearly evenly between in-state and overseas buyers. Located next to the Alaska Railroad in Healy, Usibelli's operations are well suited for meeting the needs of...
The first of a series of independent science panels designed by the Keystone Center to address the potential development of a mine at the Pebble copper-gold-molybdenum deposit in Southwest Alaska - did not directly discuss the potential of developing the project. Instead, "Responsible large-scale mining: A global perspective," a five-member panel representing academia, non-governmental organizations and an industry corporate social responsibility organization, shared...
