The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 51 - 59 of 59
While many mining companies boast about their pipeline of projects, Barrick Gold Corp. and NovaGold Resources Inc. are studying the feasibility of building an actual pipeline 320 miles, or 515 kilometers, across Alaska to their 33.6-million-ounce Donlin Creek gold project. If the economics makes sense, natural gas shipped via pipeline from Alaska's Cook Inlet would replace the diesel proposed by the 50-50 partners in a feasibility study completed in 2008 as the fuel to generat...
As the active exploration season winds down in Alaska, both good news and bad is afoot and both sets of news turn out to be the same data. Double speak you say? Read on and judge for yourself. Halifax-based Metals Economics Group announced some preliminary numbers relating to worldwide mineral industry exploration for 2009. The group estimates that worldwide exploration spending will drop to US$8.4 billion in 2009, a 40 percent decrease from the US$14 billion spent in 2008....
International Tower Hill Mines Ltd. May 13 said the results from a recent high resolution airborne magnetic and EM survey completed over 30 square kilometers of mineralized areas of the company's BMP project in central Alaska show huge anomalies that warrant aggressive follow-up exploration. A day earlier the Vancouver, B.C.-based junior announced the start of resource expansion drilling at the Livengood Gold Project 100 kilometers, or 60 miles, north of Fairbanks. The company plans to drill about 42,000 meters, 136,500...
Last month's perfect storm of news from around the state has blown itself out so that this month we are getting only a drizzle or two. Why? Seems straightforward to me. If you have a budget, you already have started working on it, and you are too busy working to have anything much to report. If you don't have a budget yet, it is unlikely that you will be getting one at this late date so you have even less to say. Time to put boots on the outcrops! Western Alaska NovaGold...
THe Chuitna Citizens NO-COALition filed an appeal Mar. 19 in Alaska Superior Court challenging a decision by Alaska Department of Natural Resources Commissioner Tom Irwin to reject its petition to designate all land within the Chuitna River watershed as unsuitable for coal mining. Irwin rejected the petition last summer on the grounds that the evidence submitted to support the petition's claims did not make a compelling argument and the petition itself was overly broad, arbitrary and did not give the petitioner credibility...
A geologist with 30 years' experience in Alaska has been appointed mining section chief at the Department of Natural Resources. Tom Crafford, 54, will report to Bob Loeffler, director of the Division of Mining, Land and Water, beginning June 1. Crafford has recently been working as a consultant out of Anchorage in partnership with his wife Liz, who is also a geologist. He will have to give up his private clients now that he is employed by the state. Explaining in an interview with Mining News why he applied for the state job...
Homer Electric Association and Northern Dynasty Mines Inc., a wholly owned subsidiary of Northern Dynasty Minerals Ltd., will conduct a joint initiative to review the feasibility of a phased power development plan for the Pebble gold-copper-molybdenum deposit near Iliamna in southwestern Alaska. The association and the company agreed to jointly assess the technical, economic and environmental feasibility of a phased development approach for delivery of electrical power to construct and operate an open pit mine at Pebble, Nort...
A draft feasibility study completed this spring by Nuvista Light & Power Co. recommends construction of a coal-fired electric generation plant at Bethel, Alaska, plus construction of a 191-mile transmission line to the Donlin Creek gold project as the lowest wholesale power cost for the remote southwest Alaska region. Nuvista, a non-profit formed by Calista Corp., the Native corporation in southwest Alaska, is seeking comments through May 7 on the study, which recommends that initial design and permitting work begin on the co...
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...
