The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1176 - 1200 of 1467
Diamonds continued to dominate mining production in Northwest Territories in 2010, but other hardrock mineral projects led most of the mineral exploration activity during the year. Yet 2010 is shaping up to be a year of recovery for nearly all of the territory's miners. Rough diamond production from Harry Winston's 40 percent share of the Diavik Mine totaled 650,000 carats in the second quarter, up significantly from 570,000 carats a year earlier. Rio Tinto plc controls 60 percent interest in Diavik, Canada's largest diamond... Full story
Government and industry officials agree that mining exploration and development in recent years have brought substantial positive change to Nunavut, Canada's newest and least explored territory. Ongoing and new exploration, however, are rapidly advancing understanding of this vast Arctic land's mineral potential. "In this industry, it seems that all of the best and worst of times were compressed into less than two years (between 2008 and 2010)," said Peter Taptuna, minister of Economic Development & Transportation for the Gov...
When Rimfire Minerals Corp. and Geoinformatics Exploration Inc. joined forces to form Kiska Metals Corp. in the fall of 2009, the primary objective of the amalgamated junior was to resolve the tenure of the Whistler Project. A year later the junior explorer achieved this goal, gaining sole-ownership of the expansive gold-copper property in Alaska. Rio Tinto subsidiary Kennecott Exploration Co., which optioned Whistler to Geoinformatics in 2007, had the right to buy back a... Full story
Kinross Gold Corp. is a partner of choice for many junior explorers investigating gold prospects in Alaska and northwest Canada. The Toronto-based major has formed various alliances with a number of juniors exploring for gold in the Tintina Gold Belt, the prolific 145-million-acre (58.7-million-hectare) mineral region that hosts Kinross' Fort Knox Gold Mine and huge gold deposits including Donlin Creek and Livengood in Alaska as well as significant gold showings in Yukon... Full story
CED: TSX-V President, Chairman and CEO: Charles Chebry Vice President, Exploration: David Clarke Cedar Mountain Exploration Inc. is focused on seeking a near-surface, bulk tonnage sedimentary gold deposit at its Kelly Creek gold project located about 90 miles, or 145 kilometers, north of Nome. After cutting a deal with Greatland Exploration on the Kelly Creek gold property early in 2010, Cedar Mountain augmented its land position on Alaska's Seward Peninsula by staking an additional 147 State of Alaska mining claims...
Primed for booming exploration for several years, the Yukon Territory appears to have hit big in 2010, both literally and figuratively. Emerging as one of the world's mining hot spots, the Northwest Canada jurisdiction is reporting industry investment exceeding C$120 million. Propelled by record gold prices and key gold discoveries, as well as surging demand in Asia for base metals and a mining friendly government, miners flocked to the territory in growing numbers, bringing generous exploration budgets and fresh theories... Full story
Since its inception in 2007, Millrock Resources Inc.'s modus operandi is to seek out early-stage mineral prospects in Alaska and Arizona, complete initial exploration and then joint venture the projects to other industry players. Utilizing this project generator model the junior has amassed a portfolio of 10 gold and copper projects, seven of which received partner-funded exploration in 2010. Estelle, Millrock's flagship gold property in Alaska, had been the one caveat to the...
KRX: TSX-V President and CEO: J. Greg Dawson, M.Sc., PGeo. Non-Executive Chairman: William M. Sheriff Chief Financial Officer: Justin Blanchet, CA Operating under the philosophy that it will maximize the chance for success in a high-risk business by concentrating on the right commodities in mining-friendly jurisdictions with high mineral potential, Copper Ridge Explorations Ltd. owns or has the option to acquire an interest in nine mineral properties in Alaska, Yukon and British Columbia. The junior also holds a royalty inter...
As the Pebble Limited Partnership approaches the completion of an extensive feasibility study for the Pebble Project, it is investigating the Southwest Alaska property beyond the bounds of the 80.6 billion pounds of copper, 107.4 million ounces of gold and 5.6 billion pounds of molybdenum known to exist in the massive deposit. "Until the latter part of last year, we hadn't drilled a hole outside the Pebble deposit proper - other than geotechnical or engineering drill holes,... Full story
DEC: TSX President: Edward Kruchkowski, P. Geo, P. Geol. Director and CFO: Andrew Bowering Decade Resources Ltd. is focused on exploration stage mineral properties in northern British Columbia. In 2010, the junior's activities centered on the Red Cliff gold and Wedeene copper-gold properties. At April 30 Decade had incurred all the required exploration expenditures to earn a 60 percent interest in Red Cliff. Decade has informed Mountain Boy that it will not be exercising its option to earn the additional 20 percent interest....
FAU: TSX-V President and CEO: Harry Barr Vice President, Mining: Richard Goodwin Manager of Geology: Larry Hillesland Fire River Gold Corp. has reached an important milestone in its investigation of the Nixon Fork gold mine in Alaska. After spending the past year sorting through the facilities, equipment and geological data left behind by the previous operator, the junior is now looking ahead to reopening the high-grade gold mine. The Vancouver B.C.-based junior was formed in 2009 and later that year bought Nixon Fork - compl...
MTB: TSX-V President and CEO: Frank Kamermans Director: Edward Kruchkowski, P. Geo, P. Geol. Mountain Boy Minerals Ltd. is a Canadian mineral exploration company focused on mineral prospects in north-central British Columbia near Stewart, B.C. Mountain Boy owns a 49 percent interest in the Silver Coin mineral claims (19 percent is optioned to Pinnacle Mines Ltd.), a 26.95 percent interest in the Indi mineral claims and a 29.4 percent interest in the Kansas mineral claims. These 26 contiguous claims cover 1,255 hectares and...
NTR: TSX-V President and CEO: Greg Hayes, CA Director: Lori Walton, M.Sc., G.G., P.Geol. Vice President, Exploration: Dennis Ouellette, B.Sc. Northern Tiger Resources Inc., formed in April 2008 in Alberta as a spin-off of Firestone Ventures Inc., is an Edmonton, Alberta-based resource exploration company focused on the rapidly developing Dawson Range gold-silver-copper mining district in central Yukon Territory. The company formed an exploration alliance with Capstone Mining Corp.'s subsidiary, Minto Explorations Ltd., and... Full story
SBB.V: TSX-V President and CEO: Anthony P. Walsh, MBA, CA Senior Vice-President, Corporate Development: John Wakeford, P. Geo. Vice-President, Exploration: Peter Manojlovic, P.Geo. Sabina Gold & Silver is focused on exploration and development of flagship projects in Nunavut. These Nunavut assets, which are geographically proximal to each other, consist of the 3,000-square-kilometer, or 1,158-square-mile, Wishbone Greenstone Belt, which includes the world-class Hackett River volcanic massive sulphide project and is adjacent... Full story
SMD: TSX-V President and CEO: W. Douglas Eaton, B.A., B.Sc. Chief Operating Officer: Ian J. Talbot Chief Financial Officer: Larry Donaldson Strategic Metals Ltd. is an actively managed junior exploration company with working interests in more than 90 mineral properties in British Columbia and Yukon Territory. Its assets also include a large cash position, a valuable portfolio of shares in other resource companies and potentially valuable royalty interests. Strategic's property interests span a widely diverse suite of commodit...
TRC: TSX-V President: John Robertson With four gold properties located next door to Kinross Gold Corp.'s Fort Knox gold mine, Teryl Resources Corp. is one of the largest landowners in the Fairbanks Mining District, and a favored joint venture partner for Kinross' Alaska subsidiary, Fairbanks Gold Mining Inc. Since their partnership began at the Gil Project (Kinross 80 percent and Teryl 20 percent), the gold producer and the junior have outlined some 10.1 million tons of ore with an average grade of 1.25 grams of gold per...
TAU: TSX-V President and CEO: Raj Chowdhry Chairman: Rick Van Nieuwenhuyse Vice President, Exploration: Jerry Zieg TintinaGold Resources Inc. emerged on the Alaska mining scene in 2009 when NovaGold Resources Inc. (see NovaGold Resources Inc.) rolled 397,680 acres of its early-stage exploration properties in Alaska into the Vancouver B.C.-based junior. This transaction included two gold exploration claim groups in the Kuskokwim region (Tintina gold properties and the Colorado Creek gold project) and three western Alaska base...
VAZ: TSX-V President and CEO: Michael Skead Valdez Gold Inc. has turned north to seek gold near the legendary mining towns of Dawson City and Nome. In January 2010, the Toronto-based junior signed an option to earn up to a 75 percent stake in Valley High Ventures Ltd.'s Flume Property in the White Gold District of Yukon Territory. Valdez earns an initial 51 percent interest in Flume by spending C$1.5 million on the property and paying Valley High C$500,00 over a four year period. The 3,900-hectare Flume property is located...
WRN:TSX Chairman and CEO: F. Dale Corman, B.Sc., P.Eng. President and CEO: Paul West-Sells, Ph.D. Vice President, Finance and CFO: Julien Francois, CA Western Copper, incorporated in 2006 in British Columbia, has a pipeline of projects, a strong cash position, no debt and an experienced management team. Its key assets include two copper properties in central Yukon Territory - the billion-metric-ton Casino Project and the Carmacks Copper Project. Western Copper also holds significant gold, copper and molybdenum resources and r...
As we near the end of September and the metals market remains robust, the mining industry is breathing a sigh of relief as we remember the market meltdown of early September 2008. Although nobody is suggesting that the larger economy is in any way out of the woods yet, the worldwide demand for metals and metal products continues to expand. For example, the gold price hit US$1,274.95 earlier this month, well above the previous record of US$1,261 hit on June 28. Some believe...
When Corvus Gold Inc.'s ticker symbol, KOR, first lit up on the Toronto Stock Exchange and New York Stock Exchange AMEX boards in late August, the junior explorer already had multimillion-dollar exploration campaigns under way on its promising exploration projects in Alaska. The Vancouver B.C.-based junior, formed to explore International Tower Hill Ltd.'s non-Livengood projects, holds four exploration properties in Alaska and the North Bullfrog project in Nevada. Under the... Full story
One of the reasons that mining-friendly Nunavut is attracting considerable industry attention in 2010 is the ongoing exploration success of ventures like Aura Silver Resources Inc.'s Greyhound Project in the Kivalliq region of the territory, where relatively modest spending can deliver impressive results. Aura Silver reported results in August and early September from surface sampling and drilling programs this summer that returned grades as high as 28.2 grams per metric ton gold and up to 5,380 g/t silver. The samples were...
Dozens of small explorers mounted exploration campaigns in 2010 in and around the historic Stewart Gold Camp in northwestern British Columbia, and as assays trickle in from samples and core sent to labs this spring and summer, many of them are reporting encouraging results. The Stewart Gold Camp, located about 20 miles, or 35 kilometers, from the B.C./Alaska border, is an emerging, world-class mining district that continues to offer discovery opportunities for major gold-copper and precious metal polymetallic deposits. The...
NIXON FORK - Flying more than 200 miles, or 320 kilometers, northwest from Anchorage, on a route that roughly parallels the legendary Iditarod trail, Fire River Gold Corp.'s Nixon Fork Mine looms on the horizon. The 4,000-foot airstrip and array of buildings resting atop a gold-veined ridge is an island of productivity in this vast expanse of Interior Alaska. "You might look at the site and say, 'It would never be built today.' If this was just a hillside and trees and we were...
Japan is an important player in Alaska's mining industry. The island nation imports more than US$125 million in minerals from the Far North state annually and Tokyo-based businesses own the Pogo gold mine and are making significant investments in other mining projects across the state. To further strengthen this mutually beneficial bond, Alaska accepted an invitation by Japan Oil, Gas and Metals National Corp. to update the country's minerals business community about the state...
