The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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Alaska's rich mineral endowment helped propel the Last Frontier into the top ten on the Fraser Institute's Survey of Mining Companies 2017. To gather information for its report, the Fraser Institute asks mining executives to rank the mineral potential and mining policies of mining jurisdictions around the globe. The Canada-based think-tank compiles this data into the "Investment Attractiveness Index", a measure that weighs mining executives' perceptions of both the mineral...
The prefeasibility study for the Arctic deposit in Northwest Alaska details plans for a financially robust mine that is expected to produce 1.9 billion pounds of copper, 2.4 billion lb of zinc, 405 million lb of lead, 367,531 ounces of gold and 40.2 million oz of silver over an initial 12-year mine life. The mine outlined in the PFS is based on 43.04 million metric tons of probable reserves averaging 2.32 percent copper, 3.24 percent zinc, 0.57 percent lead, 0.49 grams per...
Trilogy Metals Inc. Jan. 16 reported that large diameter holes drilled at its Arctic deposit – part of the Upper Kobuk Mineral Projects in the Ambler mining district of Northwest Alaska – returned high-grade copper and zinc. The five PQ sized (3.35-inch diameter) holes drilled at Artic in 2017 were designed to collect 2 tons of representative mill-feed material for bulk ore-sorting testing at an independent facility in Kentucky. Ore sorting is a technique that identifies un-...
Trilogy Metals Inc. Jan. 10 said metallurgical test work results shows that a high-quality, 30 percent copper concentrate containing no deleterious metals can be produced from the surface mineable in-pit resource at the Bornite project, part of the company's Upper Kobuk Mineral Projects in the Ambler mining district of Northwest Alaska. The defined in-pit resource encompasses 40.5 million metric tons of indicated resource averaging 1.02 (917 million pounds) copper and 84.1...
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...
Trilogy Metals Inc. April 19 said recently completed metallurgical testing demonstrates that excellent metals recoveries and clean copper and zinc concentrates can be generated from the copper-lead-zinc-gold-silver ores at Arctic, a volcanogenic massive sulfide deposit at the Upper Kobuk Mineral Projects in Northwest Alaska. During 2016, Trilogy completed four holes targeting mineralized material that is planned to be mined during the first seven years of production at...
Trilogy Metals Inc. Sep. 18 reported high-grade copper results from this summer's exploration drill program at the Bornite project, part of the company's Upper Kobuk Mineral Projects in the Ambler mining district of Northwest Alaska. This 10,000-meter program is focused on expanding upon the more than 6 billion pounds of copper Trilogy has outlined at Bornite. Roughly 2.7 billion lb of this copper is encompassed in an open-pit resource averaging roughly 1 percent copper. The r...
With rising metals prices helping to bolster the state's mining sector, Alaska mine leaders had good news to deliver to Alaska Senate and House resource committees during a Feb. 13 trip to Juneau. "I am happy to report that after four years of declining metals prices things started to improve in 2016, so we are able to report better economic numbers for 2017," Council of Alaska Producers Executive Director Karen Matthias informed members of the resource committees. The strong...
Exploration companies familiar with Alaska already know the Far North State is great place to look for critical minerals such as rare earth elements, platinum group metals, cobalt and tin. A new report published by the U.S. Geological Survey, however, indicates that Alaska may be richer in these and other minerals vital to the United States than previously realized. Working alongside the Alaska Division of Geological & Geophysical Surveys, USGS developed a new geospatial tool...
Alaska’s current fiscal crisis has highlighted the need to diversify the state’s economy and being one of the richest minerals jurisdictions on the planet, mining is an industry that could play a major role in future wealth creation in the Last Frontier. Alaska Gov. Bill Walker touched on mining’s role in the state’s future during a Nov. 15 address at the Alaska Resource Conference. “We have six large scale mines in Alaska, we would like to have 12,” he told the business le...
Trilogy Metals Inc. Nov. 10 filed a National Instrument 43-101 technical report that supports the April resources estimate for the Arctic project in Northwest Alaska. At a 0.5 percent copper-equivalent cut-off grade, the April estimate outlines 36 million metric tons of in-pit indicated resources averaging 3.07 percent (2.44 billion pounds) copper, 4.23 percent (3.36 billion lb) zinc, 0.73 percent (581 million lb) lead, 0.63 grams per metric ton (728,000 ounces) gold and 47.6...
Trilogy Metals Inc. Dec. 11 announced the appointment of renowned Alaska Native leader William Iggiagruk Hensley to its board of directors. Born in Kotzebue, Northwest Alaska, Hensley was a key player in the settlement of Alaska's Native claims with the United States government. He attended the University of Alaska in Fairbanks and graduated with a degree in Political Science from George Washington University in Washington, DC. While attending graduate school in Fairbanks,...
With two world-class metals deposits and strong partnerships Trilogy Metals Inc. aims to develop the Upper Kobuk Mineral Projects in Northwest Alaska into one of the highest grade copper mining districts on Earth. These high aspirations got a boost when South32 Ltd., a coal and base metals miner spun out of BHP Billiton, cut a US$150 million deal with Trilogy to earn up to a 50 percent interest in UKMP, a vast land package that blankets most of the renowned Ambler Mining...
Alaska's minerals exploration sector is on an upswing, thanks to Australian mining explorers looking north and mining majors upping their activities in the state. South32 Ltd., a Perth, Australia-based miner spun out of BHP Billiton Plc, is the largest mining company from Down Under to express an interest in Alaska's mineral potential this year. South32, which has eight operating mines in the Southern Hemisphere, secured an option to acquire a 50 percent interest in Trilogy...
Alaska fell from favor with the 350 mining executives who responded to the Fraser Institute’s Survey of Mining Companies 2016, published on Feb. 28. This group of miners, explorers and consultants ranked the Far North State as the 14th best jurisdiction on Earth to seek and develop a mine. To gather information for its report, the Fraser Institute asks mining executives to rank the mineral potential and mining policies of mining jurisdictions around the globe. The C...
The path to discovering the viability of developing a mine at Arctic and the road needed to deliver the copper, zinc, lead, gold and silver from this exceptionally high-grade Northwest Alaska deposit to world markets are both making headway in 2017. Arctic is the most advanced of the high-grade deposits that make up the Upper Kobuk Mineral Projects, an extensive land package that unites Trilogy Metals Inc.-controlled mining claims that blanket a 70-mile- (110 kilometer) long...
With the opening late last month of a public comment period for the environmental impact statement on the proposed Ambler Mining District Industrial Access Project, I am cautiously optimistic that this time, Sisyphus will get the boulder up the hill. As a lowly graduate student at the University of Alaska Fairbanks back in 1979, I helped a crew from Anaconda Minerals color township-size blocks on a huge paper map of the Brooks Range. At the time, Anaconda and numerous other...
South32 Ltd., a coal and base metals miner spun out of BHP Billiton in 2015, has cut a US$150 million deal with Trilogy Metals Inc. to earn up to a 50 percent interest in the Upper Kobuk Mineral Projects, UKMP, a large land package that blankets most of the Ambler Mining District in Northwest Alaska. South32, which up to this point was focused on the Southern Hemisphere, has eight mines in Australia, Africa and South America that produce aluminum, coal, manganese, nickel and...
U.S. Bureau of Land Management April 7 announced a nine-month extension of the scoping period for the Ambler Road project, a proposed 211-mile road that would run west from the Dalton Highway along the southern foothills of the Brooks Range to the Ambler Mining District. In February, BLM announced a 90-day scoping period for the project that was slated to expire on May 31. That expiration has now been extended to Jan. 31, 2018, for a total of 338 days of scoping. Tim La Marr, manager of BLM's Central Yukon field office, said...
With winter programs winding down and summer efforts rapidly ramping up, it is becoming clear that 2017 will be a much more vigorous year for the Alaska mining industry than the 2013 to 2016 period. For example, my internal estimates are already pushing $75 million for exploration activity alone and a significant number of projects that have announced exploration plans have not yet announced budgets for 2017, so that number is likely to rise. Compare this to estimates of less...
If there is anyone still on the fence wondering if the minerals industry has started a recovery from the doldrums of the past four years, this month’s mineral industry activity in Alaska should settle the question with authority. During the past month, we have seen two merger/acquisitions occur, one by Solitario Exploration & Royalty Corp., which acquired Zazu Metals Corp. and its interest in the Lik lead-zinc-silver deposit. Then we also had Coventry Resources acquire V...
The summer solstice has come and gone, but the Alaska mining industry has paid little attention to the decreased amount of daylight because it is high summer in the high latitudes, time to be out completing work programs that have been in the planning since last fall. Exploration drilling programs have sprouted in the Brooks Range, Interior, Alaska Range, Southeast, Southwest and the Alaska Peninsula. In addition, the sounds of tire-kicking are being heard over a wide area of...
When When Steve Wackowski asked his superiors at the U.S. Department of Interior office in Washington D.C. for a message to deliver at the Alaska Miners Association's annual convention in Anchorage, their response put an exclamation point on a clear shift in federal policy since President Donald Trump took office – "The war on mining is over." This does not mean the United States' mining sector has a new federal ally, but it does indicate that the Bureau of Land Management, N...
Just how big is the high-grade Bornite copper deposit in Northwest Alaska? This is one question that South32 Ltd. wants to know as it considers paying Trilogy Metals Inc. US$150 million for a 50 percent interest in the Upper Kobuk Mineral Projects, an extensive land package that encompasses Bornite, the Arctic Mine project and dozens of other high-grade metals deposits and prospects in the Ambler Mining District. While it will likely be many years before the full scope of...
Alaska is rich in mineral potential but poor in the critical infrastructure needed to fully realize this potential, that was the message Alaska Division of Geological and Geological Surveys Director Steve Masterman delivered to lawmakers on Capitol Hill. During a March 30 hearing, Masterman informed member of the U.S. Senate Committee on Energy and Natural Resources that Alaska could be the answer to the United States growing dependence on foreign suppliers for minerals....
