The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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Rare metalloid is key element of CdTe thin-film solar cell tech The rising popularity of thin-film solar cells as a highly effective means of converting sunlight into electricity is creating increased demand for tellurium, amongst the rarest of the stable elements on the periodic table. Tellurium is a metalloid, one of seven elements with properties that fall between metals like aluminum and tin and non-metals like carbon and phosphorus. These semimetals, which also include...
Novagold Resources Inc. and Barrick Gold Corp. July 28 reported intercepts of up to 52.3 meters averaging 14.63 grams per metric ton gold from the first batch of assay results from an expanded 2022 program at the Donlin Gold project in Alaska. Being advanced toward a production decision by Donlin Gold LLC – a joint venture owned equally by Novagold and Barrick – this enormous mine project hosts 504.81 million metric tons of proven and probable reserves averaging 2.09 grams per...
Tahltan Central Government, Skeena Resources Ltd., and British Columbia have signed a landmark agreement that reshapes the mine permitting process in Tahltan Territory, the province, and potentially across all of Canada. Under this historic pact, Skeena's Eskay Creek gold-silver project will be the first proposed mine in BC to have permits authorized by an indigenous government, marking a significant step toward incorporating the principles of the United Nations Declaration...
Skeena Resources Ltd. March 24 announced that it has received an extra C$30.4 million from the exercise of 2.8 million warrants held by Barrick Gold Corp. at C$10.80 per share. Skeena plans to use this new infusion of cash to help fund the 60,000-meter drill program it has slated for this year at the Eskay Creek gold-silver project in British Columbia's Golden Triangle. The warrants were issued as part of Skeena's 2020 deal to acquire full ownership of Eskay Creek from Barrick...
With intercepts such as 19 meters averaging 18.23 grams per metric ton gold, the final batch of drill results from the 2021 program at Donlin Gold continue to show the strength of mineralization of the 39-million-ounce gold deposit and set the stage for the largest program at the world-class mine project in more than a decade. Being advanced toward a production decision by Donlin Gold LLC – a joint venture owned equally by Novagold Resources Inc. and Barrick Gold Corp. – thi...
While copper has the potential to be a major contributor to Alaska's economic future, this "new oil" of the low-carbon economy will be hard-pressed to beat out the old money being produced at current and coming gold mines across the Last Frontier. This is due in large part to Kinross Gold Corp.'s new "Kinross Alaska" strategy that is leveraging the underutilized 14-million-metric-ton-per-year mill and storage capacity at Fort Knox to process higher-grade ore mined from...
With its sights set on revitalizing the historic Eskay Creek and Snip gold mines, Skeena Resources Ltd. is expanding resources and building strong partnerships at these exceptional precious metal projects in British Columbia's Golden Triangle. As a testament to the enormous potential of Eskay Creek and Snip, as well as Skeena's responsible approach to bringing them back into production, Tahltan Central Government invested C$5 million to acquire 1.6 million shares of this...
Following the completion of a robust 2021 program that culminated in a decision to move forward with updating the feasibility study for developing a mine at Donlin Gold, Novagold Resources Inc. announced that the project partners have approved a $60 million budget for the 2022 program at this world-class gold project in Southwest Alaska. "While 2021 was an exceptional year and represents yet another positive turning point for Novagold and for the Donlin Gold project, 2022...
As final assays of its productive 2021 exploration program roll in, Gold Terra Resource Corp. is working on a plan to boost the 1.2-million-ounce inferred resource of its Yellowknife City Gold Project substantially by drilling in new areas and proving up historic resources in and around the capital city of Northwest Territories. The YCG project lies on the prolific Yellowknife greenstone belt, covering nearly 70 kilometers (43 miles) of strike length along the main...
The Association for Mineral Exploration will recognize 11 leaders who have made significant contributions to the mineral exploration and development industry during the AME Roundup 2022. "The AME Celebration of Excellence Awards recognize the achievements of individuals who contribute to successfully finding, funding and building safe and responsible mineral exploration and development projects," explained AME Chair Jill Tsolinas. The 2021 Celebration of Excellence Awards...
Donlin Gold LLC partners Novagold Resources Inc. and Barrick Gold Corp. completed a roughly 24,200-meter drill program during 2021 that will likely provide the final data needed for an optimized plan for a mine at the world-class gold project in Southwest Alaska. With 504.81 million metric tons of proven and probable reserves averaging 2.09 grams per metric ton (33.9 million oz) gold, the Donlin Gold deposit is already particularly high-grade when you consider its magnitude. O...
For Agnico Eagle Mines Ltd., 2021 proved to be a transformative year at its operations in Nunavut. The gold miner acquired a third mine in the Far North Canadian territory, completed extensive exploration programs at its mine properties in Nunavut, and edged closer to its goal of zero carbon emissions from its operations by 2050. Agnico also entered a proposed merger-of-equals agreement with Kirkland Lake Gold, a combination that would create the third-largest gold miner in...
Calista Corp. and its more than 33,000 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...
Impressed by the wide sections of high-grade gold encountered by drilling and encouraged by positive input from Alaska stakeholders and regulators, top executives at Barrick Gold Corp. and Novagold Resources Inc. have decided to advance the world-class Donlin Gold project up the value chain. This decision to update the feasibility study for developing a mine at the 39-million-ounce Donlin Gold project follows September workshops that included Barrick and Novagold executive...
Skeena Resources Ltd. Dec. 8 reported additional high-grade gold and silver intercepts from further resource evaluation drilling within the Albino Waste Facility at the company's Eskay Creek mine project in the Golden Triangle of Northern British Columbia. The waste material stored in this facility is from an underground mine operated by Barrick Gold Corp. from 1994 to 2008 that recovered roughly 3.3 million ounces of gold and 160 million oz of silver from ore with average...
Skeena Resources Ltd. Oct. 16 announced that Peru-based Hochschild Mining PLC will begin spending roughly C$100 million to earn a 60% joint venture interest in the Snip gold mine project in British Columbia's Golden Triangle. "The Hochschild team has a reputation for being among the best underground miners in the world for narrow, high-grade deposits and we are fortunate to have them as our formal partner on Snip going forward," said Skeena Resources CEO Walter Coles Jr....
Building upon a strong relationship it has made with Doyon Ltd., Tectonic Metals Inc. has entered into an agreement to lease the Flat gold project owned by the Alaska Native Claims Settlement Act regional corporation. Located about 25 miles north of the Donlin Gold project being advanced under a joint venture between Barrick Gold Corp. and Novagold Resources Inc., the 92,160-acre Flat property hosts intrusive-hosted, sheeted quartz vein gold mineralization similar to that...
Skeena Resources Ltd. Oct. 4 announced that it has begun a second phase of drilling at the Albino Waste Facility on its Eskay Creek gold-silver project in the Golden Triangle of Northern British Columbia. The waste material stored in this facility is from an underground mine operated by Barrick Gold Corp. from 1994 to 2008 that recovered roughly 3.3 million ounces of gold and 160 million oz of silver from ore with average grades of 45 grams per metric ton gold and 2,224 g/t...
With grades as high as 42.2 g/t gold over 5.74 meters, this year's drilling at Donlin Gold continues to tap fantastic zones of mineralization within this 39-million-ounce gold deposit in the Yukon-Kuskokwim region of Southwest Alaska. "As with last year's program, drilling has delivered multiple examples of outstanding gold intercepts," said Novagold Resources Inc. President and CEO Greg Lang. Being carried out by Donlin Gold LLC, a joint venture partnership owned equally by...
Skeena Resources Ltd. Aug. 4 announced that its 2021 phase-3 infill drilling at Snip has confirmed and upgraded the modeled vein mineralization in the eastern footwall of this high-grade gold project in British Columbia's Golden Triangle. According to a 2020 calculation, Snip hosts 539,000 metric tons of indicated resource averaging 14 grams per metric ton (244,000 ounces) gold; and 942,000 metric tons of inferred resources averaging 13.3 g/t (402,000 oz) gold. The phase-3...
A prefeasibility study for developing a mine at Eskay Creek has confirmed what most have suspected – robust financial returns to the company that develops an open-pit mine at this historic gold-silver project in British Columbia's Golden Triangle. "Eskay Creek has a rare combination of attributes: scale, impressive grade and location in a tier one mining jurisdiction with strong First Nations support," said Walter Coles Jr., CEO of Skeena Resources Ltd., the company advancing...
Donlin Gold LLC partners Novagold Resources Inc. and Barrick Gold Corp. are more than 8,650 meters into a 20,000-meter drill program that will likely provide the final data needed for an optimized plan for a mine at the 39-million-ounce gold project in Southwest Alaska. "After the 2021 drill season, we anticipate that, on the completion of the updated geologic model and, subject to a formal decision by the Donlin Gold LLC Board, we will turn our attention to the upcoming...
Skeena Resources Ltd. July 7 reported that as much as 110.22 grams per metric ton gold over 4.41 meters was encountered in new veins during the phase-3 drilling at Snip, home to a historic high-grade underground mine in British Columbia's Golden Triangle. According to a 2020 calculation, Snip hosts 539,000 metric tons of indicated resource averaging 14 g/t (244,000 ounces) gold; and 942,000 metric tons of inferred resources averaging 13.3 g/t (402,000 oz) gold. The phase-3...
Alaska's Department of Environmental Conservation has upheld a certification of reasonable assurance that the proposed Donlin Gold Mine in western Alaska will comply with the state's water quality standards. Donlin Gold LLC – a joint venture partnership owned equally by Barrick Gold Corp. and Novagold Resources Inc. – applied for the federal permits to develop a mine at the 39-million-ounce Donlin Gold deposit in 2012. Following a six-year permitting process under the Nat...
Skeena Resources Ltd. May 31 reported results from four more holes that demonstrate a waste rock storage facility from previous mining at the Eskay Creek project in British Columbia's Golden Triangle hosts significant quantities of gold and silver. An underground mine operated by Barrick Gold Corp. from 1994 to 2008 recovered roughly 3.3 million ounces of gold and 160 million oz of silver from ore with average grades of 45 grams per metric ton gold and 2,224 g/t silver. The...
