The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 126 - 145 of 145
I have to admit it. Sometimes, I secretly hang with a few liberal friends. Perhaps I harbor a masochistic tendency, or maybe it is just an intuitive compulsion to embrace the notion that one should keep his friends close and his enemies even closer. In any case, I find that many left-leaners are bright and well educated, which to me constitutes the best argument against a free public education. After all, if what they get out of four years of undergraduate school is that...
The Northwest Territories has a rich and diverse commodity base. There is significant interest in the development of strategic metals, base metals and precious metals. In 2008, exploration projects were active in all these areas. Of particular note are the Gahcho Kué Diamond Project, the Prairie Creek lead-zinc project, the Thor Lake rare-earth elements project, the Yellowknife Gold Project and the NICO gold-bismuth project. Mining in Canada's Northwest Territories continues to diversify even in the face of global...
AVL: TSX President and CEO: Donald S. Bubar Vice President, Finance and CFO: R.J. (Jim) Andersen Vice President, Exploration: William Mercer Formed in 1991, Avalon Rare Metals is a mineral exploration and development company primarily focused on the rare metals and minerals that are in increasing demand for environmentally beneficial high technology applications. These include lithium, tantalum, cesium, indium, and gallium; rare earth elements, such as neodymium, dysprosium and terbium; and rare minerals such as calcium felds...
Hampered by a recession-driven drought in capital markets, mineral explorers in the Northwest Territories met the challenges of 2009 with a variety of survival strategies. With significant diamond, precious and base metal projects and prospects at stake, some companies entered a holding pattern in hopes of waiting out the economic storm, while other forged ahead, adjusting to the new cash-strapped environment as the year progressed. Thanks to record commodity prices, the economy of the Northwest Territories has outpaced the...
The Northwest Territories has four operating mines: three diamond producers and one long-running tungsten operation. Exploration and development activity was brisk in 2008 with the most advanced projects located in the Slave Province. Here's a look at mining companies active during 2008 in the Northwest Territories: Producing mines BHP Billiton Diamonds Inc. (80 percent) and partners C. Fipke (10 percent) and S. Blusson (10 percent) produced about 3.5 million carats of rough diamonds at the Ekati diamond mine in 2008, making...
Mining companies spent an all-time record $103.9 million on exploration in Alaska in 2005, a big jump from the $70.8 million that was spent the previous year, and a long way from the relatively modest $27.6 million in 2003. At least 16 projects had exploration expenditures of $1 million or more. The companies employed 303 people in exploration projects in 2005, up from 184 in 2004 and 88 in 2003, according to the state's Division of Geological and Geophysical Surveys. These impressive figures in Alaska reflected the story...
Explorers from Canada, Washington, Arizona - and Alaska too - have staked claims in the vicinity of the massive Pebble gold-copper deposit. These juniors hope to emulate the success of Vancouver-based Northern Dynasty and take a project to the development stage. As some of their representatives told a mining and sustainable resources conference in Newhalen, Southwest Alaska, in April, the explorers are seeking harmonious relations with the local community as well as valuable minerals. Full Metal Minerals, another Vancouver...
The Alaska Division of Geological and Geophysical Surveys released new airborne geophysical data and maps for the Goodpaster River area in Interior Alaska on Jan. 24. The survey covers approximately 210 square miles in the western Goodpaster mining district, which is home to the Pogo deposit. (See map on page 15.) Several mining companies, including AngloGold, Rimfire, Freegold and Teck Cominco, are active in the area. "We use these data all the time and have found more and more uses for the geophysical data since (the...
In late August, I was forced to send an email to Curt Freeman, owner of the Fairbanks-based Avalon Development, with the subject line, "Smoke hinders travel." Throughout the prior week, I could not fly from my remote home 60 miles east to Fairbanks, to attend Freeman's Aug. 20 presentation as a consultant on the Golden Summit project, being explored by Freegold Ventures and its new joint venture partner, Meridian Gold. I made plans to fly to Fairbanks on Aug. 16, well in advance of the presentation and following day's tour...
This summer's exploration, engineering and environmental baseline data work at the Pebble prospect in southwest Alaska is progressing "exceptionally well," according to a spokesman for the deposit's developer, Northern Dynasty Minerals Ltd. Northern Dynasty, a Hunter Dickinson-managed mine-development company based in Vancouver, British Columbia, is on track to spend $25 million (C$33.5 million) this year on the Pebble project, a gold-copper-molybdenum deposit several miles north of Lake Iliamna, a little more than 200 miles...
Heavy rains in late July and early August have dampened the number of wildlands fires that burned through Interior and the eastern part of Alaska, adversely affecting placer miners and metals prospectors attempting to complete field work this summer. Large fires in the eastern Interior, covering the Fortymile mining district, continue to smolder and creep, according to the Aug. 2 report from the Alaska Interagency Coordination Center, which is monitoring about 100 active fires in the state. So far, 520 fires in Alaska have...
Long-time Alaska prospector Freegold Ventures has ventured across the border into the Yukon Territory, optioning a gold property west of Ross River with a previously drilled, 221,000 ounce gold and 835,000 ounce silver resource. In a July 14 press release, Freegold Ventures said it signed an option agreement to earn a 100 percent interest in the Grew Creek Gold property, 35 kilometers (21.7 miles) west of the historical mining town of Ross River in the southeastern part of the Yukon Territory. The Vancouver, British...
Golden Summit gave up some of its glory in high-grade gold samples taken during a 4,900-foot drill program completed this spring at the gold property about 25 miles north of Fairbanks, Alaska. Partners in the hard-rock property, Freegold Ventures and Meridian Gold, released assay results July 7 from six core holes. The best results included a 10.5-foot interval that assayed 0.449 ounces of gold per ton, and a two-foot interval that measured 0.968 ounces. Gold mineralization was "in the form of fine grained and visible free...
The skies north of Lake Iliamna in southwest Alaska are buzzing with helicopters that are supporting numerous drill crews working on exploration projects at and surrounding the Pebble gold-copper-molybdenum-silver deposit. Leading this summer's activity is Northern Dynasty, a Hunter Dickinson managed mine-development company, which holds options to acquire a 100 percent interest in 36 mineral claims that host the Pebble deposit. Northern Dynasty bumped up this year's spending plan for Pebble to a total of $25 million in U.S....
The land has been staked - now the major players have taken to the ground to complete geological and geophysical work surrounding the Pebble gold-copper-molybdenum resource near Iliamna, Alaska. Leading the way in terms of spending is Northern Dynasty, which is earning a 100 percent interest in the Pebble resource lands claim block - a 1,440 acre parcel that contains the estimated 26 million ounce gold resource and the 16.5 billion pound copper resource. Northern Dynasty, which conducted extensive drilling at Pebble in 2002...
A Fairbanks-based environmental group that appealed a federal water discharge permit issued to developers of the Pogo gold project in mid-March has agreed to withdraw its permit challenge, following meetings with regulators on May 4 and 5. The announcement of the appeal withdrawal came May 5 during a press conference at the governor's office in Fairbanks. Initial meetings between the Northern Alaska Environmental Center and the Environmental Protection Agency May 4 spurred a late night meeting with others involved in the...
Prospectors looking for valuable minerals in Alaska hit the ground hard in 2003, laying claim to 507 square miles of state and federally controlled land in the Last Frontier. That's about double the effort by claim stakers in 2002, said Dave Szumigala, a geologist with the Alaska Division of Geological and Geophysical Surveys, during a presentation at the March 2004 biennial conference of the Alaska Miners Association in Fairbanks. "It shows that Alaska is on people's radar screens worldwide," he said. Claim staking has conti...
A surge in claim staking surrounding the Pebble gold-copper-molybdenum deposit in southwestern Alaska has continued through the first three months of 2004. Anchorage-based geological consultant Bill Ellis, part owner of Alaska Earth Sciences, estimates a total of 512 square miles of land has been recently staked for mineral prospecting in an area surrounding the Pebble deposit. State records show that a total of 564 square miles, or 361,440 acres, is claimed by mineral prospectors in the Pebble area, according to Kerwin Kraus...
Three exploration companies independently and secretively launched major land staking efforts in December, laying claim to more than 300 square miles of state land surrounding the Pebble gold-copper-molybdenum deposit in southwest Alaska. Characteristics of such large, multiple-porphyry deposits and past exploration success at Pebble sparked the substantial interest by prospectors who hope to find similar mineralization. "It's the largest porphyry alteration in the world and a variety of the characteristics of such...
Vancouver, B.C.-based Teryl Resources plans to drill up to 15 reverse circulation holes on its West Ridge gold exploration property, located just south of the True North mine, about 10 miles west of the Fort Knox in Interior Alaska. In a Feb. 9 press release, the junior exploration company said it submitted an amendment to its existing exploration permit with the Alaska Division of Mining, Land and Water Management requesting permission to drill targets on West Ridge. Teryl expects to receive approval before the end of...
