The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 101 - 125 of 140
While the frenzy of activity that engulfed the Yukon Territory in 2011 did not re-emerge this season, scores of players, from upstart juniors to global mining firms mounted impressive mineral exploration campaigns throughout the territory. Gold was the primary metal sought in the Yukon in 2012, but some explorers chased silver, copper, zinc-lead, iron and other minerals. Based on the spending plans of mining companies in March, Natural Resources Canada projected C$285 million planned spending across the Yukon, a decrease of...
Location, location, location," the old adage goes, summing up the opportunities and challenges faced by the real estate industry. Well, "infrastructure, infrastructure, infrastructure," can offer the same insights into the problems of modern mining in remote jurisdictions like Yukon Territory. The relative scarcity of roads, bridges, airports, power and other infrastructure in the Yukon is critical to the outlook for mining, and in many cases, the presence or lack of these important components can spell the difference between...
Haines Borough Manager Mark Earnest is a man on a mission, getting the word out to mining companies in Yukon Territory that the deep-water port in his sleepy Alaska community of 1,811 souls could well be the answer to their prayers. Unlike the Port of Skagway, its increasingly busy neighbor to the northeast, the Port of Haines is virtually devoid of congestion. The port attracts only one cruise-ship a week along with daily ferry service in summer, has very little road traffic thanks to a designated truck route that bypasses...
Capstone Mining Co., Alexco Resource Corp. and Yukon Zinc Corp. have crossed the Rubicon. Unlike other mining companies in Yukon Territory who continue to grapple with the complexities and uncertainties of exploration and development, the operators of the Minto, Bellekeno and Wolverine mines are working to master a new set of challenges - optimizing their mining and milling processes. Going gangbusters at Minto It will be five years in October since Sherwood Copper Corp. (Capstone Mining Corp.'s predecessor) commenced...
FARO - Legendary mineral explorer W. Douglas "Doug" Eaton hurried forward to greet the group of visitors clambering out of the MD900 helicopter as its whirring blades whipped miniature cyclones of dust in the air. Eaton - unlike many of the geologists, engineers and mining executives the group would meet during a weeklong tour of mine sites, exploration camps and conferences around Yukon Territory - grinned from ear to ear. The early part of the territory-wide mining tour also would include visits to the Einarson Project...
For the past 18 months, Golden Predator Corp. has been working fast and furiously to get a handle on the gold resource it has steadily uncovered at its flagship Brewery Creek Project located about 55 kilometers (34 miles) east of Dawson City in central Yukon Territory. On Dec. 1, the aggressive junior reported that it was working toward a near-term production decision even as increasingly impressive 2011 drill results continued to surface. Six months later, Golden Predator Chairman and CEO William M. Sheriff, M.Sc., is busy...
When geologists talk about the exciting gold deposits recently discovered in Canada's Yukon Territory, they use terms like "structurally controlled, intrusion-related" and "Carlin-style." Attentive laymen soon catch on, recognizing that "structural" often characterizes the non-glaciated hydrothermal deposits found in the White Gold district of west-central Yukon and "intrusive" commonly refers to impressive finds in mountainous central Yukon, while some discoveries to the east have been labeled "Carlin-style" because of...
British Columbia, Yukon Territory and Alaska - the headliners of the Association for Mining Exploration British Columbia's annual Mineral Exploration Roundup - tallied more than C$1 billion of mineral exploration spending and some C$12.7 billion in mine production in 2011. "We are going to talk in the next three sessions about the wrinkly parts of western North America - B.C., Yukon and Alaska. The geological phenomena that has created these mountain chains that we have in...
One byproduct of the recent revival of the mining industry in Yukon Territory is the ongoing success of the rehabilitated Skagway Ore Terminal at Alaska's Port of Skagway. Originally built in 1968 to accommodate ore shipments form Yukon's Faro lead-zinc mine, the terminal closed in 1997 after the Faro Mine ceased operations due to unfavorable market conditions. Purchased by the Alaska Industrial Development and Export Authority from White Pass Railway in 1993, the terminal, after substantial renovation, resumed shipping ore...
The value of mineral production in Yukon Territory is expected to soar in 2013 to more than C$1 billion when the third of three producing mines hits its stride with commercial output of about 1,700 metric tons per day. The territory, meanwhile, is enjoying the economic benefits of having three high-paying and big spending mines in operation. In 2011 the value of mineral production at Capstone Mining Corp.'s high-grade Minto copper-gold-silver mine, Alexco Resource Corp.'s Bellekeno silver-lead-zinc mine and Yukon Zinc...
The Yukon Chamber of Mines recently signed a memorandum of understanding with the First Nation of Na-cho Nyak Dun and the Tr'ondëk Hwëch'in to create a framework within which the industry and aboriginal groups will work together for their respective goals. The First Nations said they seek to preserve a way of life that is based upon an economic and spiritual relationship with the land, while the Chamber of Mines said it aims to promote a vibrant, healthy, safe and responsible mining and exploration industry in the Yukon. T...
Much of Alaska's resource wealth is locked up in more than 350,000 square miles (906,000 square kilometers) west of the state's contiguous road system. Alaska Gov. Sean Parnell has included some US$50 million in his fiscal 2013 state budget proposal to support measures aimed at gaining access to much of the state's abundant oil, gas and minerals resources including three roads that would trek westward. "Better transportation corridors will open up petroleum and mining...
As cold weather wraps up the 2011 field season, mining in Yukon Territory appears to be getting hotter, with exploration and development activities throughout the year living up to all of the pre-season hype and then some. Early in the year, explorers laid the groundwork for grassroots exploration seemingly in every corner of the territory. No sooner than the meeting rooms emptied at Roundup in Vancouver in late January, than a frenzy of claim staking erupted in the Yukon. Golden Predator Corp. snatched up all of the...
Is the "Yukon Gold Rush" about to spill into Alaska? Since the 1896 discovery of gold on the aptly named Bonanza Creek sparked a stampede of fortune seekers to the rivers and streams of the Klondike, these world-class mining jurisdictions that share a common geological and mineralization history have been engaged in a cross-border rivalry of drawing prospectors and miners to their mineral-rich deposits. While 19th Century miners seeking their fortunes in Alaska's Fortymile...
AXR: TSX/AXU/NYSE-A President and CEO: Clynton R. Nauman Executive Vice President & COO: Brad A. Thrall Vice President, Exploration: Alan McOnie, FAusIMM Alexco Resource Corp. is a precious metals exploration company with a silver focus and growing environmental consulting and reclamation and mine closure services. Alexco's primary exploration objective currently is to unlock value in the historic silver-rich Keno Hill district, which covers about 23,350 hectares, or 56,274 acres, in central Yukon Territory. Alexco achieved...
Yukon Territory continues to be in the limelight with the previous years' gold exploration successes leading to definition of gold deposits in 2011. Gold is the leading commodity in terms of exploration, but silver, base metals and tungsten are the leading commodities in terms of mine development. A number of regions are continuing to attract high-profile attention with two of Yukon's operating mines expanding their reserves and new discoveries continuing throughout the territory. The year has been very exciting so far. A...
Throughout the 2011 field season, explorers pushed the envelope in Yukon Territory, scrambling to target and assess rapidly increasing numbers of deposits of gold, silver and base metals mineralization being identified as the exploration rush that overtook the region in 2009 stretched into its third consecutive year. With gold prices climbing to new highs and a stable investment climate, the lure of the Yukon attracted miners and investors in numbers not seen in a century. "Both Yukon and Nunavut are entering a period of sust...
Frontrunners in the Yukon mineral exploration rush in 2011 spent more than C$12 million each, with at least one company pouring C$25 million into its program. These companies include Atac Resources Ltd., Kaminak Gold Corp., Capstone Mining Corp., Alexco Resource Corp., Golden Predator Corp., Ryan Gold Corp. and Silver Range Resources Ltd. At least another 14 companies shelled out more than C$5 million each to search for precious and base metals, using virtually every modern exploration technique from sampling to drilling....
NTR: TSX-V President and CEO: Greg Hayes, CA Director: Lori Walton, M.Sc., G.G., P.Geol. Vice President, Exploration: Dennis Ouellette, B.Sc. Northern Tiger Resources Inc., formed in April 2008 in Alberta as a spin-off of Firestone Ventures Inc., is an Edmonton, Alberta-based resource exploration company focused on the rapidly developing Dawson Range gold-silver-copper mining district in central Yukon Territory and underexplored regions southeastern and central Yukon. The company also has an exploration alliance with...
YUKON TERRITORY - "There's gold, and it's haunting and haunting; It's luring me on as of old; Yet it isn't the gold that I'm wanting; So much as just finding the gold." This passage from the "Spell of the Yukon" is as applicable to the contemporary stampede of explorers seeking mineral riches in the home of the Klondike as it was to the prospectors of which Robert Service wrote more than a century ago. It is estimated that the modern rush of prospectors to Yukon Territory...
With a mining boom in full swing in Yukon Territory, government officials can be proud of having created an attractive business climate, one that is bringing hordes of excited miners and investors to the territory, with seemingly no end in sight. But a group of industry leaders recently submitted a report to the Government of Yukon, warning that storm clouds are gathering that could extinguish mining's bright forecast in the territory. In order for the industry to continue to make significant contributions to the economic...
A strategy outlined by Golden Predator Corp. early in the year to focus most of its exploration resources in 2011 on three advanced exploration projects in Yukon Territory has morphed in recent weeks into unblinking attention on the one past gold producer in the company's portfolio - the Brewery Creek Project. "Due to the nature of the mineralization and the grade and consistency, we've certainly accelerated the budget on Brewery Creek "Our entire thinking about the project has changed," Golden Predator Chairman and CEO Wil...
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...
As more mine projects in Yukon Territory move through development, the Yukon Mine Training Association is coming into its own as a good source of well-trained mine workers recruited from local communities. Not only has the YMTA become fully operational in the past two years, it also has honed a strong reputation for providing a wide range of training opportunities for Yukoners. The four-year-old association is an uncommon network of partnerships between 19 companies, five educational institutions and 11 First Nations. In all,...
AXR: TSX/AXU/NYSE-A President and CEO: Clynton R. Nauman Chief Operating Officer: Brad A. Thrall Vice President, Exploration: Stan Dodd, M.Sc. Alexco Resource Corp., founded in 2004 in British Columbia, is a precious metals exploration company with a silver focus and a growing environmental services business. After completing an initial public offering in January 2006 on the TSX, Alexco has successfully established itself on two fronts. The company and two subsidiaries, Access Mining Consultants Ltd. and Alexco Resource US...
