The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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Trilogy Metals Inc. July 8 confirmed that the 2020 field programs at the Upper Kobuk Mineral Projects in Northwest Alaska has been deferred due to the COVID-19 pandemic. Ambler Metals LLC, a joint venture operating company equally owned by Trilogy Metals and South32 Ltd., had budgeted US$22.8 million for the 2020 program. Following the novel coronavirus outbreak, Ambler Metals met with NANA Corp., the Alaska Native Claims Settlement Act (ANCSA) regional corporation for...
Tectonic Metals Inc. June 2 announced plans to raise an additional C$3 million to fund 2020 drill programs on two of its Alaska properties – Tibbs and Seventymile. In April, Doyon Ltd. invested US$1.5 million (C$2.1 million) to acquire a 16.1% strategic ownership of Tectonic. An Alaska Native Claims Settlement Act (ANCSA) regional corporation, Doyon owns 12.5 million acres of land spanning Alaska's Interior, making it the largest private landholder in the state and one of t...
As the largest shareholder and chairman of Novagold Resources Inc., a company that owns 50% of the 39-million-ounce Donlin Gold project in Alaska, it is natural for New York billionaire Thomas Kaplan to elucidate potential investors on his predictions of coming rises in the price for an ounce of gold. The truth, however, is the renowned entrepreneur and natural resources investor is not bullish on gold because he has skin in the game. Instead, he is a major owner of the...
In an unprecedented deal that offers a bit of good news for gold exploration in Alaska, Doyon Ltd. has invested US$1.5 million (C$2.1 million) to acquire a 16.1% strategic ownership of Tectonic Metals Inc., a junior exploration company currently advancing three gold projects in eastern Alaska. An Alaska Native Claims Settlement Act (ANCSA) regional corporation, Doyon owns 12.5 million acres of land spanning Alaska's Interior, making it the largest private landholder in the sta...
Teck Resource Ltd. March 23 announced temporary ban on travel from the Red Dog Mine to communities in the NANA region of Northwest Alaska where the world-class zinc mine is located. These restrictions on travel come at a time when NANA Corp., as well as other Alaska Native Claims Settlement Act (ANCSA) corporations are looking at ways to prevent COVID-19 from reaching their regions and villages. "Our main priority is the health and safety of our people – shareholders, e...
In the midst of the COVID-19 outbreak and following the cancellation of the Alaska Miners Association 2020 Spring Convention in Fairbanks, AMA Executive Director Deantha Crockett takes the time to answer 20 questions on how the pandemic is affecting Alaska's mining sector and the association; Alaska's economy; state and federal mining policy; and due process for the Pebble Mine project. Q. Alaska Miners Association recently made the difficult decision to cancel its spring...
CopperBank Resources Corp. Feb. 14 announced the termination of its option on the Pyramid and San Diego Bay copper projects on the Alaska Peninsula. Pyramid, a large porphyry copper-gold-molybdenum deposit about 25 miles north of the community of Sand Point, is on private lands owned by Alaska Native Claims Settlement Act (ANCSA) regional and village corporations. Aleut Corp., the ANCSA regional corporation for the majority of the Alaska Peninsula and Aleutian Islands, owns...
The executive summary of the Preliminary Final Environmental Impact Statement (PFEIS) for the Pebble copper-gold mine project in Southwest Alaska was leaked to select media outlets earlier this week, providing an early look at this draft document not yet ready for public release. U.S. Army Corps of Engineers (USACE), the federal agency charged with leading the EIS process for Pebble, last week sent the PFEIS to federal, state and tribal cooperating agencies for review. E&E New...
North of 60 Mining News is proud to introduce 20 questions for 2020. Over the course of this series, Mining News will interview mining and political leaders from Alaska, British Columbia, Northwest Territories, Nunavut and Yukon. Each interview will include 20 questions on mining, markets and doing business across Alaska and Canada's North. For the inaugural 20 questions for 2020, Mining News talks with Contango ORE Inc. CEO Rick Van Nieuwenhuyse, a longtime mining executive...
It was the vast petroleum reserves lying under what is now the Arctic Slope Regional Corp. (ASRC) region and the need to build a roughly 800-mile pipeline to deliver oil to global markets that prompted the need to settle aboriginal land claims in Alaska and led to the passage of the Alaska Native Claims Settlement Act, commonly referred to as ANCSA. Signed into law by U.S. President Richard Nixon in 1971 ANCSA involved a unique plan to organize Alaska Natives into 12 regional...
With more than half of Alaska's entire population living within its region, Cook Inlet Region Inc., more commonly known as CIRI, is the most metropolitan of the 12 landholding Alaska Native regional corporations. While CIRI has leveraged its urban position with retail developments such as Tikahtnu Commons, an enormous retail and entertainment center on the outskirts of Anchorage, the Southcentral Alaska regional corporation also has oil and gas, renewable energy and mining...
Stretching along roughly 400 miles of Alaska's southern coast – from the north end of the Southeast Alaska Panhandle near Icy Bay to the tip of the Kenai Peninsula near Homer – the Chugach Alaska Corp. region epitomizes Alaska beauty. This 10 million-acre region along Gulf of Alaska coastline is carved with majestic fjords and bays teeming with fish, birds and marine mammals, and vistas of mountains and glaciers rising above and cutting through dense forests of hemlock and...
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...
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...
Home of the famed golden beaches of Nome that have captured the imagination of millions over the past 120 years, the Bering Straits Native Corporation (BSNC) region covers the Seward Peninsula and coastal lands arcing around the eastern and southern coast of the Norton Sound in the far western reaches of Alaska. While this region may be 300 miles beyond North America's highway system, it has served as a crossroads for human activity for at least 15 millennia and will continue...
After 15 years of leading the effort to unlock the vast mineral potential of the Ambler Mining District, Rick Van Nieuwenhuyse has turned in his resignation as president, CEO and director of Trilogy Metals Inc. Van Nieuwenhuyse, who told Mining News that he needed some time to handle personal matters, will remain as a consultant to the company and will assist with transitional matters and with advancing the company’s interests in Alaska. Jim Gowans – former president and CEO...
The Koniag Inc. region covers the Kodiak Archipelago, a group of islands off the southern coast of mainland Alaska better known for their enormous brown bears than vast mineral potential. The Alutiiq people that arrived on Kodiak, Afognak and surrounding islands more than 7,500 years ago were skilled mariners who were deeply connected to the ocean for food and supplies. Over the millennia, these roaming seafarers settled into whaling and fishing villages that sheltered...
Redstar Gold Corp. Aug. 22 renewed its lease for the Unga project on islands just off the Alaska Peninsula and plans to resume exploration of the high-grade gold project later this year. Aleut Corp., an Alaska Native Claims Settlement Act (ANCSA) regional corporation, owns the mineral rights to most of Unga. Two ANCSA village corporations, Shumagin and Unga, own much of the surface estate on this island. More information on Aleut Corp can be found at Aleuts Ring of Fire...
Aleut Corporation is committed to promoting economic opportunities for its more than 4,000 shareholders, while preserving the traditional culture and values developed from living in a ruggedly beautiful stretch of Alaska. The Alaska Peninsula and 167 named Aleutian Islands extending more than 1,000 miles off Southwest Alaska that make up the Aleut Corp. region form a border between the Pacific Ocean and Bering Sea. This geologically young island arc is part of the Pacific...
The Bristol Bay region is home to two resources that beyond a doubt earn the moniker "world-class" – an annual run of sockeye salmon that is second to none and Pebble, the largest undeveloped copper and gold deposits known to exist on Earth. These world-renowned resources, however, have stirred up controversy in this Oklahoma-sized region of Southwest Alaska, as many of the roughly 7,400 Bristol Bay residents are concerned that mining the copper, gold, molybdenum and other m...
When it comes to managing its more than 1.5 million acres of land in a region of Southcentral Alaska renowned for its natural beauty, Copper River salmon, abundant wildlife and one of the richest lodes of copper to ever by mined on earth, Ahtna Inc. balances development for the prosperity of its current shareholders and preservation of resources for future generations. An important facet of this management is ensuring that there are plenty of plants, fish and wildlife to suppo...
Trilogy Metals Inc. May 23 named Janice Stairs as the new chair of its board of directors. Stairs, who has been a director of Trilogy Metals since 2011, graduated from Dalhousie Law School and holds a Master of Business Administration degree from Queen's University. "Janice is well suited to chair the Trilogy board. With her strong legal background, her many years working in the mining sector and the fact that she has been an active director of Trilogy Metals since its...
Constantine Metal Resources Ltd. May 21 said it has finalized a deal to lease the Johnson Tract gold property from Cook Inlet Region Inc., an Alaska Native regional corporation more commonly known as CIRI. Situated about six miles west of Cook Inlet and roughly 125 miles southwest of Anchorage, the 20,942-acre Johnson Tract property hosts a gold and base metals deposit that is reminiscent of the historical Eskay Creek Mine in neighboring British Columbia and a 7.5-mile...
When it comes to mineral exploration incentives, currency exchange and infrastructure, Alaska is at a disadvantage in the realm of attracting exploration investments from Canada and Australia, countries that are home to the majority of mining companies. The Far North State's vast and underexplored mineral potential, however, trumps these handicaps in the minds of a growing number of miners and mineral explorers. Mining executives from around the globe perennially rank Alaska...
A priority of the Trump administration in 2016 was the reduction of the regulatory burden on America's businesses. Three years ago, the President signed Executive Order 13771, "Reducing Regulation and Controlling Regulatory Costs." The regulatory reform efforts of the federal government have continued into fiscal year 2019. This past year various federal agencies have taken 150 deregulatory actions, including 18 deregulatory actions each by the Department of the Interior and...
