The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 4 of 4
Trilogy Metals Inc. Dec. 14 announced that South32 Ltd. has committed US$10 million to fund the 2018 exploration program at the Bornite copper project in Northwest Alaska. This second tranche of US$10 million keeps South32's option to acquire 50 percent of the Upper Kobuk Mineral Projects in good standing. The 2018 program, which was recently approved by the Trilogy-South32 technical committee, will include in-fill and off-set drilling to better define and expand the...
In a framework agreement announced on Dec. 18, First Quantum Minerals Ltd. was revealed as the major mining company that will complete the Pebble Limited Partnership. "We have made good progress in the partnering process and are very pleased to be in advanced-stage discussions with First Quantum, an industry leader in mine development and management," Ron Thiessen, president and CEO, Northern Dynasty Minerals Ltd., currently the sole owner of the Pebble Partnership. While the...
Skeena Resources Ltd. Dec. 18 cut a deal with Barrick Gold Corp. to acquire all of the major's interest in the Eskay Creek gold mine property in the Golden Triangle region of northwest British Columbia. Barrick has also agreed to make a C$1 million strategic investment in Skeena. Discovered in 1988, the former Eskay Creek mine produced roughly 3.3 million ounces of gold and 160 million oz of silver at average grades of 45 grams per metric ton gold and 2,224 g/t, which at the time made it the world's highest-grade gold mine...
For the past 20 months or so, the Department of Natural Resources (DNR) has been wrestling with some proposed changes to the regulations concerning the location and maintenance of State of Alaska mining claims. This effort has been driven by some substantial issues that have arisen with the interpretation of the regs over the past several years as well as some significant open questions. The current proposed changes can be obtained from the DNR's website, but the process is...
