The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 426 - 450 of 1467
Newmont Corp. has laid down a US$311 million (C$393 million) cash offer to acquire full ownership of GT Gold Corp. and its Tatogga copper-gold-silver project in the traditional territory of the Tahltan Nation of northwest British Columbia. "We are excited to expand our world-class portfolio to include the Tatogga project in the Tahltan Territory located in the highly sought-after Golden Triangle district of British Columbia, Canada," said Newmont President and CEO Tom Palmer....
While copper did not make it onto the list of 35 minerals and metals critical to the United States, the red metal's criticality to the global transition to renewable energy and electric mobility cannot be overstated. No matter which battery chemistries power tomorrow's electric vehicles, what renewable energy solutions recharge those EVs, or if rare earth magnets are used to generate that electricity and propel those vehicles more efficiently, any path to a decarbonized...
Northern Dynasty Minerals Ltd. April 27 announced the publication of an environmental, social & governance report that outlines its 20-year commitment to environmentally sound and socially responsible development of the proposed Pebble copper-gold-molybdenum-silver-rhenium mine project in Southwest Alaska. "This ESG report is an effort to explain simply and directly, without embellishment, what NDM (Northern Dynasty Minerals) and PLP (Pebble Limited Partnership) have done in...
Alaska, Northern British Columbia, and the Yukon are home to a dozen advanced stage exploration and mine projects hosting billions of pounds of copper ready to deliver to a world demanding massive amounts of this conductive metal for the green energy and electric mobility transition envisioned over the next three decades. In its report, "Copper is the new oil," Goldman Sachs forecasts that the electrification of transportation and decarbonization of electrical generation...
Heatherdale Resources Ltd. April 20 announced a significant change by renaming the company to Blackwolf Copper and Gold Ltd., which is now listed on the TSX Venture Exchange under the symbol BWCG. "Our name change to Blackwolf Copper and Gold better reflects the company's spirit and vision, particularly with consultation and inclusion with indigenous people," said Rob McLeod, president and CEO of Blackwolf Copper and Gold. "Growing up in the Pacific Northwest on the border of...
Perenti Global Ltd. April 26 announced that its underground mining subsidiary, Barminco, has received a letter of intent from Newcrest Mining Ltd. for the development of a 3,500-meter underground exploration decline at the Red Chris copper-gold project in Northern British Columbia. Owned under a joint venture partnership between Newcrest (70%) and Imperial Metals Corp. (30%), the Red Chris Mine hosts 980 million metric tons of measured and indicated resource averaging 0.41...
Granite Creek Copper Ltd. May 6 announced that two drills have been mobilized to the Carmacks (formerly Carmacks and Stu projects) to begin a roughly 10,000-meter 2021 drill program focused on expanding and upgrading copper-gold-silver resources at the Yukon project. "We continue to aggressively advance the Carmacks project, with its attributes of high-grade, near-surface copper, gold, and silver mineralization in an underexplored district-scale land position, and with the...
Copper Fox Metals Inc. March 22 published an updated resource estimate for Schaft Creek, a large porphyry copper-gold-silver-molybdenum project advanced under a joint venture between Teck Resources Ltd. (75%) and Copper Fox (25%). According to the new calculation, Schaft Creek hosts 1.35 billion metric tons of measured and indicated resources averaging 0.26% (7.76 billion pounds) copper, 0.17 grams per metric ton (7 million ounces) gold, 1.25 g/t (54.3 million oz) silver, and...
From a world-class graphite deposit in the Northwest to rare earths on the Southeast Panhandle, Alaska has the potential to offer a sustainable and secure supply to meet the coming explosive demand for the minerals and metals crucial to the renewable energy and electric vehicle sectors in North America and around the globe. International Finance Corporation, part of the World Bank Group, estimates that this shift to low-carbon energy and electric mobility will create nearly...
Far to the north lies the second largest of Canada's three territories, simply named the Northwest Territories, and within this vast region of more than 400,000 square miles lies its only city, the capital called Yellowknife. Yellowknife, and most of the region of the Northwest Territories, lies within what is known as the Canadian Shield, a large area of Precambrian igneous and metamorphic rock, meaning it dates to the earliest part of Earth's history. Scoured down to stone...
Pebble Limited Partnership is urging recently confirmed U.S. Environmental Protection Agency Administrator Michael Regan to support a full and fair permitting process for the Pebble mine project in Southwest Alaska. This project hosts 6.5 billion metric tons of measured and indicated resources averaging 0.4% (57 billion lb) copper, 0.34 grams per metric ton (71 million ounces) gold, 240 parts per million (3.4 billion lb) molybdenum, 1.7 g/t (345 million oz) silver, and 0.41...
HighGold Mining Inc. March 22 reported that results from its 2020 regional exploration program at Johnson Tract in Southcentral Alaska continue to identify zones of high-grade gold and silver beyond the JT deposit area. "We are extremely pleased with the regional picture emerging at Johnson Tract with recent surface exploration results now defining widespread, robust and diverse styles of mineralization over an area several square kilometers in size," said HighGold Mining...
Granite Creek Copper Ltd. is leveraging the power of artificial intelligence to help discover more copper, gold, and silver across its Carmacks and Carmacks North project in the Yukon. After acquiring Copper North Mining Corp. late last year, Granite Creek expanded its land position within Yukon's Minto Copper Belt to 176 square kilometers (68 square miles). This merged land package includes the Carmacks deposit, which hosts 23.76 million metric tons of resources averaging...
The Tahltan Central Government, Skeena Resources Ltd., and British Columbia have come together to create a new conservancy to protect the environment and wildlife on Tahltan territory in northwestern B.C. To create this 3,500-hectare (8,650 acres) conservancy, Skeena is returning the mineral tenures for its Spectrum copper-gold project that lies alongside the 230,000-hectare (568,300 acres) Mount Edziza Provincial Park. "Through many open and respectful conversations with...
Newcrest Mining Ltd. and Imperial Metals Corp. March 10 announced the discovery of new zones of higher-grade copper-gold mineralization at Red Chris Mine that greatly expands the near-mine exploration potential of this property about 20 kilometers (12.5 miles) southeast of the Tatogga copper-gold project Newmont Corp. is acquiring through its C$393 million buy-out of GT Gold Corp. Since Newcrest acquired a 70% interest in Red Chris in the fall of 2019, the Australia-based...
Rockhaven Resources Ltd. Feb. 18 announced that its 2020 drilling tapped new bonanza grade gold-silver encountered during a 2020 drill program targeting areas that lie outside the already defined deposit on its road-accessible Klaza project about 50 kilometers (31 miles) west of Carmacks, Yukon. A preliminary economic assessment completed last year outlines plans for a mine at Klaza that would produce roughly 750,000 ounces of gold and 13.8 million oz of silver over a 12-year...
Heatherdale Resources Ltd. March 16 announced the start of a drill program targeting the expansion of Lookout Zone, the largest deposit identified so far on the company's Niblack copper-gold-silver-zinc volcanogenic massive sulfide project in Southeast Alaska. According to a 2011 calculation, the Lookout deposit at Niblack host 5.64 million metric tons of indicated resource averaging 0.95% (118.1 million pounds) copper, 1.75 grams per metric ton (317,220 ounces) gold, 29.5...
The U.S. Army Corps of Engineers does not subscribe to the idea that it is better for the residents of the Bristol Bay region of Southwest Alaska to have worked and lost than never to have worked at all. In its public interest review for the Pebble project, Army Corps determined that some Bristol Bay residents that become accustomed to increased income and lower living costs from developing Pebble may be forced to move out of the region or lower their standard of living after...
ATAC Resources Ltd. is focusing its 2021 mineral exploration program on the East Goldfield project in Nevada, a departure from more than a decade of primarily exploring its district-scale Rackla Gold property in the Yukon. Late last year, the Yukon government rejected ATAC's application to build a 65-kilometer (40 miles), private tote road that would have supported advanced exploration and potential mine development at Rau, the westernmost of three projects that make up the ex...
Benchmark Metals Inc. March 3 announced plans to explore several precious metal discovery targets across the wider Lawyers property in Northern British Columbia. A road accessible property about 45 kilometers (28 miles) northwest of the Kemess gold-copper porphyry deposit, Lawyers is home to a small underground mining operation that produced 171,200 ounces of gold and 3.6 million oz of silver over a four-year period beginning in 1989. Benchmark has identified additional...
Western Alaska Copper & Gold Feb. 3 reported an updated mineral resource estimate for Illinois Creek project that includes calculations for the heap leach pad and unmined resources on the western Alaska gold-silver project. Located about 65 miles southwest of the town of Galena and 120 miles north of the Donlin Gold Mine project, the 34,240-acre Illinois Creek District property is home to Illinois Creek, an open-pit mine and heap-leach operation that produced roughly 150,000...
Australia-based Discovery Africa Ltd. Feb. 22 announced the staking of 308 state mining claims covering gold-silver-copper and tin-silver prospects in Southcentral Alaska. Known as the Chulitna project, this roughly 46-square-mile land package covers the Partin Creek and Coal Creek prospects about four miles west of the Parks Highway and about 155 miles north of Anchorage. This is just south of Avidian Gold Corp.'s Golden Zone project. Historical mapping, trenching, and rock...
HighGold Mining Inc. Jan. 21 reported that the latest batch of results from the 2020 drill program at its Johnson Tract project in Alaska has confirmed the expansion potential of the main JT deposit, as well as the deeper Footwall copper-silver zone. "We continue to be encouraged by the continuation and strength of the JT deposit mineral system at depth and by the emergence of the Footwall copper-silver zone, a new area of copper-silver rich mineralization with resource...
PolarX Ltd. Feb. 10 reported that sophisticated and professional investors have committed to a A$5 million (US$3.9 million) financing that will fund further exploration of the Australia-based company's exploration at the Alaska Range gold-copper property and Humboldt Range gold-silver project in Nevada. "We are delighted with the response to our capital raising, particularly the strong support from our existing shareholders, and we welcome the new shareholders to our register,...
White Rock Minerals Ltd. and AuStar Gold Ltd. Feb. 2 announced plans to merge into a larger mining company with a world-class portfolio of assets that include the large Red Mountain silver-zinc-gold-lead and Last Chance gold projects in Alaska, and a portfolio of exploration to producing gold assets in Australia. Under the arrangement proposed by the two companies, White Rock will acquire AuStar by issuing 0.78 White Rock shares for every AuStar share issued to shareholders....
