The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 14 of 14
Aims for 10,000-meter program to explore new targets; possibly expand ABM footprint. BMC Minerals Ltd. July 16 announced the start of a 10,000-meter exploration drilling program at its Kudz Ze Kayah project in Yukon, Canada, aiming to test targets identified from prior geophysics, geochemistry, and scout drilling programs for high-grade copper-rich mineralization and potential extensions of the ABM deposit. Located approximately 250 kilometers (155 miles) east-northeast of...
After getting a conditional green light in 2022 from regulators to advance the proposed ABM Mine at its Kudz Ze Kayah property in Southeastern Yukon, BMC Minerals Ltd. has completed a favorable economic review of its plan for a hardrock operation and developed new exploration targets on the property. BMC Minerals wants to extract 1.8 million metric tons of zinc, 350,000 metric tons of lead and 600,000 metric tons of copper from the Kudz Ze Kayah deposits located within the...
BMC Minerals Ltd. Jan. 9 announced that the Yukon Water Board has deemed its application for a Type A Water License for its proposed ABM Mine adequate to enter the public comment period of the licensing process. The water license is of the two major permits ABM will need to develop and operate a mining operation at the silver-dominant polymetallic Kudz Ze Kayah project in southeastern Yukon Under a feasibility study completed in 2019 and updated in 2020, the ABM Mine is...
VANCOUVER – Pacific Ridge Exploration Ltd. Dec. 29 said it has amended the terms of an agreement that gives BMC Minerals Ltd. an option to purchase Pacific Ridge's Fyre Lake property in Yukon Territory. BMC is a private United Kingdom-based resource company that is developing the Kudz Ze Kayah volcanogenic massive sulfide project in southeast Yukon. The project is designed to operate for at least nine years, producing high-grade zinc, copper, and lead concentrates with signifi...
Alaska, Northern British Columbia, and the Yukon are home to a dozen advanced stage exploration and mine projects hosting billions of pounds of copper ready to deliver to a world demanding massive amounts of this conductive metal for the green energy and electric mobility transition envisioned over the next three decades. In its report, "Copper is the new oil," Goldman Sachs forecasts that the electrification of transportation and decarbonization of electrical generation...
From the first glimpse of a potential new discovery to watching the first load of ore pour into a new mill, mineral explorers working in Yukon Territory during 2020 reported experiencing the full gamut of mining highs. Encouraged by the commissioning of the Eagle Gold Mine, government grants for exploration projects, and metals prices, dozens of juniors rushed to the Yukon to chase prospects in the northern territory. "Based on the historic trends, coming into 2020, it looked...
Following the Yukon Environmental and Socio-Economic Assessment Board's (YESAB) recommendation that the proposed mine the Kudz Ze Kayah (KZK) project be allowed to proceed to permitting, BMC Minerals Ltd. has updated the feasibility study for the silver-dominant polymetallic project in southeastern Yukon. While the operating parameters of the proposed mine have not changed, the updated feasibility study does take into consideration concerns raised by YESAB. This updated...
BMC Minerals Ltd. Oct. 27 announced that the Yukon Environmental and Socio-Economic Assessment Board has completed the environmental and socio-economic review of the company's proposal to develop a mine at the ABM silver-zinc deposit on the Kudz Ze Kayah (KZK) project and has recommended that the mine be allowed to proceed to permitting. "We are very pleased to receive the final screening report following a robust and thorough assessment process with input from all affected...
The economics of mining the zinc-rich ore at BMC Minerals Ltd.'s Kudz Ze Kayah (KZK) project in southeastern Yukon are robust, according to a feasibility study released on July 15. This engineering and economic study details a mine at KZK that is expected to produce an average of 235 million pounds of zinc, 32 million lb of copper, 56 million lb of lead, 7.8 million ounces of silver and 56,500 oz of gold annually, over an initial nine-year mine life. This operation is based...
With the completion of Ross River Dena Council's independent environmental assessment review of Kudz Ze Kayah (KZK), BMC Minerals Ltd. crosses a major milestone along its path to developing a zinc-silver mine at this project in southeastern Yukon. BMC Minerals, a Canadian subsidiary of England-based mine developer BMC Ltd., acquired KZK from Teck Resources Ltd. in 2015. The ABM deposit at KZK is a zinc-dominant volcanogenic massive sulfide (VMS) deposit with significant...
More than three dozen explorers chased lucrative mineral deposits in Yukon Territory in 2017 and most of these junior and senior companies returned to the northern jurisdiction this year to take another crack at hitting the jackpot. Known for its rich and storied gold mining history as well as its rugged mountain peaks, Yukon is roughly 15 percent larger than California, covering more than 482,000 square kilometers (186,272 square miles). Split off from the Northwest...
Mineral exploration in Yukon began 2016 much like it finished 2015... Challenging equity market conditions and cautious investors meant junior exploration companies started the season conservatively. The industry got a boost early in the season with the mid-May announcement of Goldcorp’s (www.goldcorp.com) interest in Kaminak Gold’s (http://kaminak.com) Coffee property. By the time Kaminak shareholders approved the C$520 million deal in July, companies were raising money, expanding field programs and making deals across the...
As exploration across most of the North continues to trend downward, the Yukon Territory is celebrating the second straight year of increased spending. Early estimates put exploration in Yukon at about C$99 million for 2015, up roughly 20 percent over the C$80 million spent last year. With a wide swath of zinc-rich deposits in the Selwyn basin, a number of copper-rich porphyries in the Dawson Range, platinum group metal-nickel deposits in the southwest and gold deposits...
In 2015, junior exploration companies working in Yukon continued to weather the storm of depressed metal prices and cautious markets. Despite the lack of market enthusiasm, exploration spending maintained historically high levels at C$100 million; although one project, the Selwyn-Chihong Selwyn lead-zinc project in eastern Yukon, accounted for 40 percent of the spending. More than 80 exploration programs were undertaken in the territory, ranging from small grassroots projects to multimillion-dollar programs on advanced...
