The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 76 - 89 of 89
Mining exploration activity in northern British Columbia approached record levels in 2010 with explorers setting a new drilling record and spending about C$168 million in pursuit of a wide range of minerals, including gold, copper, silver, molybdenum, and rare earth elements, according to a top provincial geologist. Paul Wojdak, regional geologist for the Northwest Region of British Columbia's Ministry of Energy, Mines and Petroleum Resources, said the major good news mining story in 2010 for central and northern British...
As termination dust falls across most of Alaska, the curtain has come down for the bulk of the exploration projects around the state; however, mine development programs as well as mine-site exploration continue apace as does some exploration work in tropical Southeast Alaska. With few exceptions, preliminary conclusions drawn from 2010 work indicate that 2011 is going to be a busy year. And though a lot of exploration and development is still going on for gold, copper...
Yukon Territory has one producing mine, the Minto copper-gold-silver operation near the Yukon River north of Whitehorse. During 2008, more than 150 active hardrock exploration projects in the territory, 73 of which recording spending greater than C$100,000, and 22 posted outlays greater $1 million. Here's a look at some of the mining companies active in Yukon Territory. Producing mines Sherwood Copper Corp., now a part of Capstone Mining Corp., took the Minto Mine, Yukon Territory's only producing hard rock mine, to new...
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...
Producing mines Thompson Creek Metals Co. operates the Endako Mine, a molybdenum producer for more than 40 years. Located near Fraser Lake in northern British Columbia, Endako includes three open pits, a mill and a roasting facility, and is operated as a joint venture, with Thompson Creek holding a 75 percent interest and Japan-based Sojitz Corp. having the remaining 25 percent. The miner produced 25 million to 26 million pounds of moly in 2008. Due to a sharp drop in molybdenum prices last year, Thompson Creek decided...
The Northwest Transmission Line along Highway 37 is once again on the front burner in British Columbia, and development of the 517-kilometer-long, or 321-mile-long, power line could provide easier access to Lower 48 markets for power generated in Alaska. British Columbia has resumed the environmental assessment process and First Nations consultation required for the project, following an announcement by the Canadian province's Premier Gordon Campbell Sept. 26 that the power project was back on track. The B.C. government...
DAWSON CITY, Yukon Territory - Underworld Resources Inc., like a growing number of juniors, owes its chance to make a huge mineral discovery in Yukon to a couple of modern-day prospectors, Shawn Ryan and Cathy Wood. But Ryan and his wife and partner, Wood, are a far cry from stereotypical prospectors. No grizzled, elderly loners, these two are quiet parents in their 30s. Ryan is an energetic entrepreneur with a boyish grin and a rapid-fire style of conversing. He began tramping up and down the steep hills of western Yukon 11...
Building a power line into northern British Columbia could attract C$3.5 billion in mining investment to the area, according to preliminary findings of an independent study. The Northwest Power Line Coalition, an industry group that took up the idea when B.C. government officials dropped plans for the power line last fall, released the findings in April. They showed that not only would an electricity conduit along Highway 37 in northwest British Columbia help bring at least eight new mining projects to the region, it also...
With metals prices riding high, Yukon Territory government officials are excited about prospects for increased exploration and development activity by mining companies in the coming season. "We are optimistic about industry's continued interest in Yukon," said Energy, Mines and Resources Minister Archie Lang, who joined a government delegation attending the 25th annual Mineral Exploration Roundup in Vancouver the week of Jan. 27. More than 6,000 delegates, including geologists, prospectors, junior and senior mining and...
Two of Canada's westernmost governments are moving forward with power transmission projects aimed at bringing lower cost energy and jobs to rural residents while spurring mine development in remote areas. British Columbia and Yukon Territory announced progress in October on separate public-private partnerships pursuing the power projects. B.C. government said Oct. 1 it would pursue the Northwest Transmission Line project, a C$400-million extension of B.C.'s electrical grid into the remote northwest region of the province...
Current nickel prices may be the icing on the cake for rapidly growing Toronto-based Pure Nickel Inc. As Nevada Star Resources Corp. joined the company in a reverse takeover this spring and became Pure Nickel, prices for the shiny metal hurtled skyward. More than tripling in the past 14 months, nickel prices will remain under upward pressure this year, according to industry analysts. Booming demand, especially from China, will spur consumption to exceed production for a second consecutive year, causing nickel cash prices to...
In the race to develop new mines in British Columbia, Calgary-based Copper Fox Metals is jostling its way to the front of the pack. In August the company started the environmental assessment process for its Schaft Creek copper-gold-molybdenum-silver project, filing a preliminary report with the provincial government. In September Copper Fox completed $5 million in expenditures at the property, enabling it to acquire a 70 percent ownership share from Teck Cominco, in accordance with an option agreement signed in 2002. A group...
Despite the fact that winter has arrived over much of Alaska, exploration efforts continued at record pace throughout the state in October. Late summer programs are now competing for people and drills with early winter programs in a number of areas, a problem not normally encountered in Alaska. In a further sign of the strength of the rebound in the metals markets, a number of companies are already tying up people, drills, camp equipment, analytical services and helicopter...
As anyone can tell you who has tried recently to locate geologists, drill rigs and helicopters, Alaska is not the place to search for any of these commodities. Mineral exploration and development in Alaska is clipping along at a pace not seen in more than five years and in the process, these activities have sucked up just about all of the people, rigs and aircraft in the state. Exploration and development projects are spread from Nome to Ketchikan, the Brooks Range to...
