The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 26 - 50 of 59
HighGold Mining Inc. Sept. 23 provided details of the 2,000-meter drill program at its flagship Johnson Tract gold project in Southcentral Alaska. In late August, HighGold initiated an eight- to 10-hole diamond drill program aimed at confirming, defining and expanding the main Johnson Tract deposit. The Johnson Tract has significant historical exploration, including 88 holes primarily targeting the main Johnson tract deposit. Under a joint venture with Cook Inlet Region Inc.,...
HighGold Mining Inc. has received approval to have its shares listed on the TSX Venture Exchange and some big names in gold mining and investing are lined up to be initial shareholders of the new exploration company. HighGold Mining shares, which will be listed under the symbol HIGH on the TSX.V, are expected to begin trading on Sept. 23. In connection with listing, the gold-focused exploration company closed a C$7.65 million financing on Sept. 19. This non-brokered private pl...
Constantine Metal Resources Ltd. June 28 reported that recent resampling of historical core from the Johnson Tract gold property in Southcentral Alaska returned long zones of high-grade gold, along with zinc, copper, lead and silver. The results from this resampling are included in a technical report filed in advance of a July 25 meeting for shareholders to vote on Constantine's proposal to spin out Johnson Tract and the company's other gold properties into HighGold Mining...
In the famous words of Sherlock Holmes, the game is afoot! After seasonally slower news from Alaska's mining industry in March and April, the dam has broken with over two dozen Alaska mining project news releases issued in the last month. Including those projects moving forward that have not released their 2019 plans, Alaska has become a very busy place under the sun. All of our major metal mines reported strong performances in the first quarter, several of Alaska's most...
Trilogy Metals Inc. May 23 named Janice Stairs as the new chair of its board of directors. Stairs, who has been a director of Trilogy Metals since 2011, graduated from Dalhousie Law School and holds a Master of Business Administration degree from Queen's University. "Janice is well suited to chair the Trilogy board. With her strong legal background, her many years working in the mining sector and the fact that she has been an active director of Trilogy Metals since its...
Constantine Metal Resources Ltd. May 21 said it has finalized a deal to lease the Johnson Tract gold property from Cook Inlet Region Inc., an Alaska Native regional corporation more commonly known as CIRI. Situated about six miles west of Cook Inlet and roughly 125 miles southwest of Anchorage, the 20,942-acre Johnson Tract property hosts a gold and base metals deposit that is reminiscent of the historical Eskay Creek Mine in neighboring British Columbia and a 7.5-mile...
Those of you that attended the recent Cordilleran Roundup Convention in Vancouver can attest to the exuberant, upbeat atmosphere that pervaded the conference and was very much in evidence at the standing-room only festivities at our annual self-hosted Alaska Night meet and greet. But digging down under this veneer of optimism, many of the junior explorers and most of the producers admitted to their expectations of challenging times in 2019. Putting words to this apparent...
WESTERN ALASKA Northern Dynasty Minerals Ltd. announced that it had finalized a surface right of way agreement with Alaska Peninsula Corporation for use of that latter's lands for the construction and operation of transportation infrastructure associated with the Pebble copper-molybdenum-gold project. Alaska Peninsula Corporation is an Alaska Native village corporation with extensive land holdings proximal to the Pebble site and more than 900 shareholders, many of which live...
While not the flashiest of the 35 minerals on the United States Geological Survey's critical list, barite plays an essential role in America's energy sector. Barite got its name from the Ancient Greek word for heavy, barús, and it is the high specific gravity that earned this mineral its name that makes it a critical mineral. Added to drill mud, a solution that serves multiple purposes in bore drilling, barite's weight helps maintain the integrity of the drill hole and...
Novagold Resources Inc. June 27 reported that the permitting to develop a mine at Donlin Gold project is nearly complete but the timing of the final go-ahead decision on whether to develop a world-class mine at this 39-million-ounce gold deposit in Southwest Alaska remains open. Novagold owns a 50 percent interest in Donlin Gold LLC, the company created to permit and eventually develop this enormous gold deposit, global gold miner Barrick Gold Corp. owns the other half. Since...
The summer field season is in full bloom across Alaska with programs stretching from the Brooks Range to southeastern Alaska, and from the Yukon border to southwestern Alaska. Exploration targets range from grassroots to mine-site, focused on commodities including gold, silver, lead, zinc, copper, cobalt and graphite. For Alaska's exploration industry, planned, announced and estimated expenditures are well over the $100 million mark for 2018. This expenditure level is well...
Constantine Metal Resources Ltd. is working on a deal to lease Johnson Tract, a gold-rich polymetallic deposit in Southcentral Alaska, from Cook Inlet Region Inc., an Alaska Native regional corporation more commonly known as CIRI. Located about six miles west of Cook Inlet and roughly 125 miles southwest of Anchorage, the 20,942-acre Johnson Tract property hosts a gold and base metals deposit that is reminiscent of the historical Eskay Creek Mine in neighboring British...
Cook Inlet Region Inc., also known as CIRI, May 21 informed shareholders that its board of directors oppose "Yes for Salmon," a ballot initiative slated to be put before Alaska voters during the November general election. In Raven's Circle, a monthly newsletter to shareholders, CIRI said the Yes for Salmon, also referred to as Stand for Salmon, ballot initiative would overhaul regulations affecting virtually any type of project in Alaska. CIRI, one of twelve land-based Alaska...
When it comes to mineral exploration incentives, currency exchange and infrastructure, Alaska is at a disadvantage in the realm of attracting exploration investments from Canada and Australia, countries that are home to the majority of mining companies. The Far North State's vast and underexplored mineral potential, however, trumps these handicaps in the minds of a growing number of miners and mineral explorers. Mining executives from around the globe perennially rank Alaska...
HighGold Mining Inc. was launched this summer to explore gold properties spun out of Constantine Metal Resources Ltd. While the spin-out of HighGold was not finalized until early August, the new company hit the ground running with drills turning at Johnson Tract, a gold-rich volcanogenic massive sulfide VMS project in Southcentral Alaska. Situated about six miles west of Cook Inlet and roughly 125 miles southwest of Anchorage, the 20,942-acre Johnson Tract property hosts a gol...
While not the flashiest of the 35 minerals on the United States Geological Survey's critical list, barite plays an essential role in America's energy sector. Barite derives its name from barús, the Ancient Greek word for heavy, owing to an exceptionally high specific gravity for a non-metallic mineral. It is this weight that makes barite a key element to the oil and gas sector and lands the mineral on USGS' critical list. "More than 90 percent of the barite sold in the United...
There can be no doubt that April 27, 1973, was an auspicious day in Nebraska, not just because Jason Brune, Governor-Elect Dunleavy's pick to become the Commissioner of the Alaska Department of Environmental Conservation, was borne then and there; but because it was also the dawning of the Age of Aquarius. One does not need to cast horoscopes to recognize that this astrological era is said to be one of harmony and understanding. Nor does one have to know Brune well to...
Constantine Metal Resources Ltd. continues to advance its flagship property, the Palmer copper-zinc-silver-gold-barite project near the port-town of Haines in Southeast Alaska, as it looks to create a new vehicle to carry its gold properties in Alaska, Yukon Territory and Ontario. The roughly US$9 million exploration program at Palmer is being funded by a joint venture between Constantine Metal Resources (51 percent) and Dowa Metals & Mining Co. Ltd. (49 percent). A new resour...
Alaska's natural gas is increasingly replacing diesel as the fuel of choice for mines and mining projects across the Far North State and Yukon Territory. At roughly 37 trillion cubic feet, Alaska is awash in natural gas; however, some 35 tcf of these known reserves are isolated in the Arctic oil and gas fields of the North Slope. The balance, located in the Cook Inlet basin that stretches southwest from Anchorage, has been developed primarily to serve consumers in the...
An employment forecast published by the Alaska Department of Labor and Workforce Development in October pegged the state's mining sector job growth from 2010 to 2020 at 19 percent. That is second only to health care, at 31 percent, and outpacing the 12 percent average growth across all Alaska industries. Expansion of current operations coupled with prospects of building mines at the world-class Livengood and Donlin gold deposits were cited as drivers behind adding new miners t...
NovaGold Resource Inc. has made tectonic shifts in its leadership and corporate structure. Shedding all of its assets except for the Donlin Gold project in Southwest Alaska, the restructured company is singularly focused on bringing this 40-million-ounce gold deposit into production by the end of the decade. Rick Van Nieuwenhuyse - who founded NovaGold and guided the exploration company through 15 years of trials and triumphs - is relinquishing NovaGold's top executive office...
While NovaGold Resources Inc.'s ultimate goal is to become a 1-million-ounce-per-year gold producer, the Vancouver B.C.-based junior is taking a fresh look at the enormous reserves of copper waiting to be mined at its Galore Creek project in British Columbia and its Ambler project in Northwest Alaska. "Management believes the recently completed economic analyses of Galore Creek and Ambler clearly demonstrate that NovaGold's copper assets are considerably undervalued having reg...
Alaska boasts some of the largest metals deposits on earth as well as vast quantities of coal, oil and natural gas. Ironically, companies such as Donlin Gold LLC (formerly Donlin Creek LLC) and Pebble Limited Partnership are looking overseas to find a reliable source of natural gas as they study the economics of building global-scale mines at their projects. "My guess is, our base case will be imported LNG. Which seems sort of weird to import natural gas into the State of...
The Fraser Institute recently released its "Survey of Mining Companies, 2010/2011," an annual survey of exploration and mining companies that gauges the pros and cons of working in various countries around the world. This year the survey results came from 494 mining companies working in 79 jurisdictions and representing cumulative exploration expenditures of more than US$2.4 billion in 2010. There was a bit of honey and a bit of vinegar for Alaska in this report. Let's do...
Mining is becoming increasingly important to Alaskans looking for good-paying jobs. Not only does the industry provide high wages, the geographical diversity of the mines provides employment opportunities to oftentimes economically challenged rural regions of the vast state. According to the Alaska Department of Labor & Workforce Development, the number of mining jobs in Alaska has jumped 40.3 percent since 2000, almost triple the statewide average employment growth of 14.1...
