The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 351 - 375 of 1467
In 1951, Life Magazine (remember "Life"?) dubbed the New York Times the "Old Gray Lady" "by way of acknowledging its special marks: starch conservatism and circumspection." How things have changed! The punster in me, however, simply says "that's life." While Life no longer lingers on, the Old Gray Lady has taken on a life of its own. No longer burdened by conservatism and circumspection, the Times perpetually searches out new and different ways to attack the innovative. Most r...
The Red Dog Mine has been a gamechanger for the more than 15,000 Iñupiat shareholders of NANA Corp., the Alaska Native Claims Settlement Act (ANCSA) regional corporation that owns the world-class Red Dog deposits in Northwest Alaska that are the source of nearly 5% of the world's new zinc supply each year. The revenues from shipping out more than 1 billion pounds of zinc annually, along with healthy portions of lead, silver, and minor amounts of germanium, have served as a...
Dolly Varden Silver Corp. Dec. 20 said high-grade silver encountered during drilling at the Wolf deposit provides another encouraging sign that strong mineralization continues north from the high-grade deposits on its namesake property onto the Homestake Ridge property it is acquiring from Fury Gold Mines Ltd. Situated 46 kilometers (29 miles) southeast of Stewart, the Dolly Varden property covers four historic high-grade silver mines – Torbrit, Dolly Varden, Wolf, and N...
Covering a roughly 450-mile stretch of postcard-worthy Gulf of Alaska coastline where glacier-carved fjords and bays teeming with fish, birds, and marine mammals are framed by dense forests of hemlock and spruce and majestic mountain vistas, the Chugach Alaska Corp. region epitomizes Alaska beauty. In addition to the immediately apparent abundance of subsistence, fishing, tourism, and timber resources, this 10-million-acre picturesque area along Alaska's southern coast is...
With more than half of Alaska's entire population living within its region, Cook Inlet Region Inc., more commonly known as CIRI, is the most metropolitan of the 12 landholding Alaska Native regional corporations. While CIRI has leveraged its urban position with retail developments such as Tikahtnu Commons, an enormous retail and entertainment center on the outskirts of Anchorage, the Southcentral Alaska regional corporation also has oil and gas, renewable energy, and mining...
It is hard to quantify which is more impressive, the sheer size of the estate owned by Doyon Ltd. or the rich and underexplored mineral potential on the lands owned by the Alaska Native Claims Settlement Act regional corporation for Alaska's Eastern Interior. Running the breadth of Alaska between the Brooks Range to the north and Alaska Range to the south, the Doyon region blankets a mineral-rich swath of Alaska's Interior that is nearly the size of Texas. Doyon owns 12.5...
The Koniag Inc. region covers the Kodiak Archipelago, a group of islands off the southern coast of mainland Alaska better known for their enormous brown bears than vast mineral potential. The Alutiiq people that arrived on Kodiak, Afognak, and surrounding islands more than 7,500 years ago were skilled mariners who were deeply connected to the ocean for food and supplies. Over the millennia, these roaming seafarers settled into whaling and fishing villages that sheltered...
Seeking economic and cultural prosperity for its more than 23,000 Tlingit, Haida and Tsimshian shareholders while also looking to provide even greater benefits for future generations, Sealaska takes a balanced approach to developing the resources growing above and stored beneath its lands in Southeast Alaska. This does not mean the Southeast Alaska Native Claims Settlement Act (ANCSA) corporation shuns mining or other resource development in its region, a nearly 600-mile...
Aleut Corp. is committed to promoting economic opportunities for its more than 4,000 shareholders while preserving the traditional culture and values developed from living in a ruggedly beautiful stretch of Alaska. From the community of Sand Point on the Alaska Peninsula to Attu near the western end of 167 named Aleutian Islands extending more than 1,000 miles off Southwest Alaska, the Aleut Corp. region forms a boundary between the Pacific Ocean and Bering Sea. This...
Pioneer Alaskans swore that Alaska's economy would be destroyed if "the Natives" secured control of any lands in Alaska. However, they did not realize how practical and pragmatic Alaska Natives have had to be to survive and thrive in their Arctic homeland. Whatever tool was needed to survive, Alaska Natives created it with the minimal materials at hand-skin, wood, stone, jade, copper, seashells, mud, plants, flint, obsidian, snow, and ice. With the settlement of Alaska Native...
As an Alaska Native Claims Settlement Act regional corporation that is balancing traditional values with economic opportunities across a 26-million-acre picturesque and resource-rich traditional region at the epicenter of Alaska's highway system, Ahtna Inc. lies at a literal and figurative crossroads. Bordered by the majestic Alaska Range to the north, the equally beautiful Chugach Mountains to the south, the Canadian border to the east, and the Denali National Park to the...
The Bristol Bay region is home to two resources that beyond a doubt earn the moniker "world-class" – an annual run of sockeye salmon that is second to none and Pebble, the largest undeveloped copper and gold deposits known to exist on Earth. These world-renowned resources, however, have stirred up controversy in this Oklahoma-sized region of Southwest Alaska, as many of the roughly 7,400 Bristol Bay residents are concerned that mining the copper, gold, molybdenum, rhenium, and...
President Richard M. Nixon signed the Alaska Native Claims Settlement Act (ANCSA) in 1971, exactly 230 years after Captain Vitus Bering's Second Kamchatka Expedition finally sighted land in Alaska offshore from what is now Mount Saint Elias in 1741. In the years between, the 70,000 or so Unagan (Aleut), Sugpiaq, Yupik, Inupiat, Athapascan, Tlingit, and their descendants began to experience extreme changes brought on by Russian and American firepower, disease, religion,...
Trilogy Metals Inc. Nov. 29 reported that one infill hole drilled this year at Arctic is the third-best intercept ever encountered at this high-grade volcanogenic massive sulfide deposit at the Upper Kobuk Mineral Projects in Northwest Alaska. "The 2021 drilling campaign confirms that the Arctic project has some of the highest grades of polymetallic mineralization in the world with copper-equivalent grades frequently in the double digits," said Trilogy Metals President and...
In a deal that will consolidate two advanced mineral exploration properties in the Kitsault Valley area south of Stewart, British Columbia, Dolly Varden Silver Corp. has agreed to acquire Fury Gold Mines Ltd.'s Homestake Ridge gold-silver project for roughly C$50 million. "The decision to vend Homestake is a difficult one given the exploration upside and our positive outlook for the commodity markets," said Fury Gold Mines Chair Ivan Bebek. "However, we feel that bringing the...
Newcrest Mining Ltd. and Imperial Metals Corp. Dec. 8 reported that drilling continues to cut zones of higher-grade gold and copper within wide sections of porphyry bulk tonnage mineralization at East Ridge, a resource expansion target at the Red Chris Mine in Northern British Columbia. According to a March resource calculation, Red Chris hosts 980 million metric tons of measured and indicated resource averaging 0.41 grams per metric ton (13 million oz) gold and 0.38% (3.7...
Discovery Africa Ltd. Dec. 7 changed its name to Discovery Alaska Ltd., a moniker that better reflects the Australia-based company's focus on Chulitna and potentially other mineral exploration projects across the Far North state. In February, Discovery announced that it had staked 308 state mining claims covering historic gold-silver-copper and tin-silver prospects in Southcentral Alaska. The roughly 77-square-mile land package now known as Chulitna covers the Partin Creek...
Valhalla Metals Inc., a privately held junior mining company focused on the exploration of the Sun and Smucker properties in Alaska's Ambler Mining District, may soon have easier access to funding through a merger with SolidusGold Inc., a company listed on the TSX Venture Exchange. Under a tentative agreement announced on Nov. 29, Solidus would acquire Valhalla through an exchange of shares that would result in current Valhalla shareholders owning 80% of the resulting company...
After more than a decade of advancing multiple precious and base metals deposits and targets across its more than 49,000-acre Illinois Creek Mining District property as a private company, Western Alaska Copper & Gold is now a public junior explorer listed on the TSX Venture Exchange. Western Alaska Minerals Corp., the new name for the mineral exploration company, became listed on the TSX.V on Nov. 15 through a reverse takeover merger with the already listed 1246779 B.C. Ltd....
In a bid to add the Brucejack Mine to its operations in British Columbia's Golden Triangle, Newcrest Mining Ltd. has entered into an agreement to pay roughly C$3.5 billion (US$2.8 billion) to acquire Pretium Resources Inc. "We are delighted to be expanding our presence in this highly prospective region in British Columbia," said Newcrest Mining CEO Sandeep Biswas. "Brucejack is a tier one mine in a tier one jurisdiction and will deliver immediate production, free cash flow...
There will be impressive financial returns for any mining company that develops a mine at the Kutcho copper-zinc project in Northern British Columbia, according to a feasibility study prepared for Kutcho Copper Corp. "The feasibility study represents a major milestone for Kutcho Copper as we continue to advance the high-grade Kutcho copper-zinc project towards a development decision," said Kutcho Copper President and CEO Vince Sorace. Located about 120 kilometers (75 miles)...
White Rock Minerals Ltd. reported the discovery of high-grade copper and zinc, along with significant silver and gold, in rock samples collected from the Kiwi and Jack Frost targets on its 323-square-mile (836 square kilometers) Red Mountain property in Alaska. This district-scale property hosts a wide array of base and precious metals deposits and prospects. The most advanced are the Dry Creek and WTF deposits, which host a combined 9.1 million metric tons of Australian...
Discovery Africa Ltd. Nov. 3 reported high-grade gold, silver, and copper results from the initial rock sampling program on the company's Chulitna project about four miles west of the Parks Highway, roughly midway between Anchorage and Fairbanks, Alaska. Lying immediately south of Avidian Gold Corp.'s Golden Zone project, the Chulitna land package covers the Partin gold-silver-copper target and Coal Creek tin-silver zinc prospect. After staking roughly 77 square miles of...
HighGold Mining Inc. Oct. 13 reported a long intercept of high-grade gold in an infill hole drilled to collect material for phase I metallurgical work and to provide better definition of the deeper, higher-grade portion of the JT deposit on the company's Johnson Tract project in Alaska. According to a calculation completed prior to the start of 2020 drilling, the JT deposit hosts 2.14 million metric tons of indicated resource averaging 6.07 grams per metric ton (417,000 ounces...
Blackwolf Copper and Gold Ltd., Oct. 18 announced that initial reconnaissance exploration at the company's Cantoo property just north of Hyder, Alaska, and Stewart, British Columbia, identified encouraging quartz vein structures and sulfide mineralization. Specifically, a large, shallow-dipping, gold-bearing structure estimated at over 30 meters wide. Cantoo, located on the Alaskan side of the Golden Triangle, immediately west of the Premier Gold project, and south of the...
