The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 201 - 225 of 1467
Thanks to the thick zones of high-grade silver-zinc-lead mineralization cut during the 2022 drilling of the Waterpump Creek target at Illinois Creek, Western Alaska Minerals Corp.'s first year as a publicly traded company on the TSX Venture Exchange has been a resounding success. Listing on the TSX.V at C85 cents per share in November 2021, Western shares were selling for a whopping C$5.60 each at the company's peak in August 2022. This meteoric rise began before the first... Full story
In what could be the most consequential "pollice verso" for Alaska, in a time when the federal government is seeking to shift the paradigm from more than a century of petroleum dependency to clean renewable energy, the Environmental Protection Agency issued its final determination under the Clean Water Act to help protect Bristol Bay, invariably crippling the more than two decades of effort toward establishing a mine at the world-class copper-gold-molybdenum-silver-rhenium...
Gaining ownership of the Brucejack Mine through the US$2.8 billion buyout of Pretium Resources Inc., Newcrest Mining Ltd. consolidated all the current large-scale gold, silver, and copper production in the Golden Triangle and established Northern British Columbia as a solid foundation for the Australia-based company's growing North American presence. The high-grade Brucejack Mine adds more than 300,000 ounces per year to Newcrest's annual gold production and created synergies...
Brixton Metals Corp. Jan. 24 reported that it has been working collaboratively with Tak'hu River Tlingit on responsible exploration of its Thorn copper-gold-silver project, which lies within an Indigenous Protected and Conserved Area declared by the Northern British Columbia First Nation. Last week, Tak'hu River Tlingit announced its declaration of a roughly 18,000-square-kilometer (7,000 square miles) area centered on the Taku River watershed that is intended to protect...
Lured partly by proximity to infrastructure in Yellowknife, several companies moved in January to advance exploration in mineral-rich Northwest Territories. The explorers include seasoned diamond and now rare earths hunter North Arrow Minerals Inc., NWT newcomer Gama Explorations Inc., and ambitious junior Gold Terra Resource Corp. North Arrow Jan. 30 reported acquiring a 100% ownership interest in the DeStaffany lithium property from NWT project generator Parnac Resources...
Newcrest Mining Ltd. Jan. 25 reported a drop in gold and copper production at its two mines in Northern British Columbia during the fourth quarter of calendar year 2022. Newcrest's BC assets include a 70% operating ownership of the Red Chris copper-gold mine, Imperial Metals Corp. owns the remaining 30% interest and full ownership of the Brucejack gold mine. The drop in gold production at Brucejack was anticipated due to a fatality during the quarter that resulted in a 21-day...
Ambler Metals LLC, a joint venture company equally owned by Trilogy and South32 Ltd., invested roughly US$28.5 million into a 2022 exploration program that included 10,738 meters of drilling targeting resource upgrades within the Arctic deposit and testing earlier-stage copper-rich prospects across the Upper Kobuk Mineral Projects in Northwest Alaska. Covering 448,217 acres of the famed Ambler Mining District, UKMP hosts the advanced staged Arctic Mine project and more than a...
The global transition to renewable energy is demanding enormous quantities of copper and zinc, two metals that are a specialty of Teck Resources Ltd. To help leverage its global portfolio to help fill the growing demand for copper, Teck launched Project Satellite in 2017. This initiative focused primarily on five copper assets in the Americas, including the Galore Creek and Schaft Creek projects in Northern British Columbia. According to a 2018 calculation, Galore Creek hosts...
Blackwolf Copper and Gold Ltd. Jan 31 announced that it reached an agreement with Dolly Varden Silver Corp. and New Moly LLC to study the viability of building a mill on New Moly's Kitsault project that could process ore from the three companies' projects in Northern British Columbia and Southeast Alaska. "We are optimistic about the potential synergies of working with the companies in a scenario to reduce respective capital costs as well as reduce permitting timelines and ris...
Gold dominates Alaska mineral exploration, but a critical shift arises. Since the discovery of gold in what is now the Alaska capital city of Juneau, prospectors, geologists, and fortune seekers have spent more than 140 consecutive summer seasons exploring The Last Frontier's golden potential. With these endeavors turning up rich aurum lodes in every corner of the state, except for the oil-rich North Slope, the nearly century-and-a-half tradition of seeking and discovering wor... Full story
Though effects of the COVID-19 pandemic lingered, mineral explorers rushed to the Yukon like moths to a flame during 2022. Mining's most daring sector rallied to generate the busiest field season seen in Canada's westernmost territory in years. In June, Natural Resources Canada projected mineral exploration and deposit appraisal spending in Yukon during 2022 to total C$157.9 million, up 14.5% from C$135.1 million estimated for 2021 and nearly double C$83.6 million in 2020.... Full story
First Nation seeks balance between conservation and mineral extraction in area important to the Taku River Tlingit way of life. To help preserve an intact ecosystem within the Taku River watershed, the Tak'hu River Tlingit have declared an Indigenous Protected and Conserved Area that covers roughly 18,000 square kilometers (7,000 square miles) within their traditional territory in Northern British Columbia. "Tak'hu (Taku) River Tlingit have a sacred relationship with our... Full story
The increasing number of electric vehicles charged with renewable energy, connected to 5G networks, and boasting the computing power of 200 laptops to autonomously traverse global highways is creating a meteoric rise in demand for the minerals and metals critical to clean energy and high-tech. Benchmark Mineral Intelligence, the foremost authority on lithium battery supply chains, estimates that more than 300 new mines will need to come online by 2035 – just to produce the c... Full story
Although small, program confirmed model and sets groundwork for 2023 exploration program. Seabridge Gold Inc. Jan. 17 announced that its drilling has concluded, and assay results from the limited 2022 program have been received from the company's 3 Aces project in Yukon, Canada, which established the target parameters for the major drill program this year. Agreeing to purchase the 3 Aces project in southeastern Yukon from Golden Predator Mining Corp. in 2020, Seabridge has...
Strategic Metals Ltd., a longtime project generator in the Yukon, is helping to spur industry interest in the prospectivity of the territory's southwestern region for critical minerals as more explorers undertake projects in this underexplored region. Strategic optioned 70% ownership interest in Hopper, a 74 square-kilometer (28.6 square miles) multi-target porphyry copper-molybdenum project with significant copper-gold-silver peripheral skarn mineralization to CAVU Mining...
Seabridge Gold Inc. Jan. 9 announced that its 2022 drill program discovered a large, well-mineralized breccia pipe beneath the historic Bronson Slope skarn deposit at its Iskut project in British Columbia's Golden Triangle. Located about 30 kilometers (19 miles) west of Seabridge's world-class KSM mine project, Iskut is home to the 1980s-era Johnny Mountain gold-silver-copper mine. Over the past four years, Seabridge has focused its exploration on discovering a large porphyry...
As an Alaska-based mineral explorer that is listed on the NYSE American stock exchange and involved with advancing two gold mines toward production, Contango ORE Inc., commonly referred to simply as CORE, is unique in the realm of junior mining companies. Led by president and CEO Rick Van Nieuwenhuyse, CORE has assembled a pipeline of Alaska gold projects along the highway system in Alaska that span the gamut from discovery to mine development. "I have spent a good part of my... Full story
Working with First Nations is key to unlocking the Golden Triangle's vast potential. A world-class copper-gold district that is also enriched with nickel, cobalt, platinum group metals, and other critical minerals, the Golden Triangle region of Northern British Columbia is poised to be a major supplier of the mined commodities critical to a low-carbon future, cutting-edge technologies, and strong global economies. "Responsible mineral exploration and development are critical... Full story
After being spun out from parent purchaser Pembridge Resources plc, Minto Metals Corp. kicked off the year with its strongest quarter yet with production results from its Minto copper mine in central Yukon. Bought from Capstone Mining Corp. in early 2018, Pembridge managed to complete its first full year of operations in 2020, despite the ongoing challenges of the COVID-19 pandemic. Toward the end of that year, the company completed the formation of Minto Metals Corp., a TSX...
While a small group of dedicated explorers returned in 2022 to advance production and development projects in Nunavut, a growing number of newcomers fanned out across the northern territory in search of a variety of minerals. Some came seeking gold deposits like those being explored and mined by Agnico Eagle Mines Ltd., while others chased historical occurrences of newly designated critical metals, especially copper and certain base metals, now in high demand for... Full story
Mining activity in Northwest Territories held steady in 2022 despite constraints imposed by the ongoing COVID-19 pandemic as a cadre of mainly junior mining companies took up the international challenge to seek out large deposits of critical minerals. Early in the year, government officials noted that industry interest in diamonds, gold, and especially critical minerals boded well for the NWT economy in the coming year. "An exciting new chapter is emerging for mining in the... Full story
Has the discovery and development of the mines essential to meeting the massive demand for battery metals, copper, rare earths, and other critical minerals reached the end of the road? Not a metaphorical end where the visions of electric vehicles charged with sunshine are dashed – halting the demand for green energy and technology metals. Instead, I am speaking to pioneering critical mineral supply chains beyond the literal end of the limited highways extending into Alaska a... Full story
Brixton Metals Corp. Jan. 12 reported additional wide bulk tonnage gold intercepts with impressive high-grade subsections from the final 2022 holes drilled at the Trapper target on the company's Thorn project in Northern British Columbia. A 2,863-square-kilometer (1,105 square miles) land package at the northern corner of BC's famed Golden Triangle, the Thorn project hosts both epithermal gold targets such as Trapper and large-scale porphyry copper-gold-silver-molybdenum targe...
Nickel Creek Platinum Corp. Dec. 16 announced results on the ongoing work toward carbon sequestering at the company's Wellgreen deposit on its flagship Nickel Shaw project in southwestern Yukon, Canada. Under the guidance of University of British Columbia Professor Greg Dipple, Nickel Creek has been conducting experimentation at Wellgreen, a deposit with extensive nickel-copper-platinum group metals mineralization dominantly hosted in ultramafic rocks. Aside from the...
Minto Metals Corp. Dec. 20 announced the results from its 2022 magnetotellurics geophysical survey over its Minto copper mine property in Yukon, Canada. Magnetotellurics is a passive electromagnetic technique that maps resistivity by measuring telluric currents induced in the earth by natural sources such as lightning, solar flares, and ionospheric resonances. In layman, this essentially means sensitive equipment detects the natural electrical currents that flow through the...
