The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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From breaking ground at Alaska's next gold mine to the advancement of North of 60 projects focused on delivering the metals needed for the transition of low-carbon energy, and an impressive safety milestone at Alaska's only coal mine to a history of the helicopters that make mineral exploration across the North possible, here is a countdown of the 10 most popular North of 60 Mining News articles in 2023: No. 10 - CORE celebrates Manh Choh, Lucky Shot Contango Ore Inc., a...
White Gold Corp. kicked off 2023 with an updated mineral resource estimate for its namesake project in the Yukon and with an exploration program aimed to continue outlining exactly what its massive land holdings in Yukon's White Gold District contain. Located roughly 95 kilometers (59 miles) south of Dawson City, White Gold's namesake property is part of a roughly 350,000-hectare (864,869 acres) land package that covers approximately 40% of the White Gold District, which also...
With the successful completion of a US$20 million initial public offering in April 2023, U.S. GoldMining Inc. immediately set out to explore Whistler, an advanced staged copper-gold-silver project in Alaska. Lying adjacent to Nova Minerals Ltd.'s Estelle gold project about 100 miles northwest of Anchorage, the 42,000-acre Whistler property hosts 118.2 million metric tons of indicated resource averaging 0.51 grams per metric ton (1.94 million ounces) gold, 2.19 g/t (8.3...
Following the acquisition of Alexco Resource Corp. at the end of 2022, Hecla Mining Company has continued to expand its portfolio of gold and silver properties in Canada's Yukon. With the Keno Hill Silver District mine project that came with the buyout of Alexco, Hecla's silver reserves soared to above 240 million ounces of silver, the highest in the company's 132-year history. "Hecla's silver reserves are at an all-time high," said Hecla Mining CEO Phillips Baker, Jr. This...
With gold production on the rise and costs dropping at Pogo, Northern Star Resources Ltd. is focused on outlining resources and reserves to support the next decade of mining at its high-grade underground operation in Alaska. After the 2022 expansion of the mill to a nameplate capacity of 1.3 million metric tons per year, Northern Star has been working to ramp up gold production at Pogo to 300,000 ounces per year. The 81,322 oz of gold poured during the second quarter of...
Carrying forward a two-decade legacy of building gold resources faster than issuing shares, Seabridge Gold Inc. focused its 2023 exploration primarily on the Iskut gold-copper property in Northern British Columbia and high-grade 3 Aces project in the Yukon. Going into 2023, Seabridge had 170.8 million ounces of gold in resources and reserves, a 997% growth since 2003. Over that same span its outstanding shares have only increased by 195%. Along with this gold, Seabridge has...
SW Alaska deposit hosts 2-million-oz gold deposit; DAF plans to reconfirm historic resource, explore project's upside potential. Discovery Alaska Ltd. Jan. 5 announced it has secured a 15-year lease on the 2-million-ounce Vinasale gold project in Alaska. Located about 16 miles south of the Southwest Alaska mining town of McGrath, Vinasale is a roughly 6,500-acre project owned by Doyon Ltd., the Alaska Native Claims Settlement Act (ANCSA) regional corporation for the state's...
Like many other northern regions, Canada's North was settled because of its mineral resources. When the Canadian Dominion Government first purchased its arctic regions from the British Crown in the late 1800s, the Northwest Territories was seen as a vast stretch of cold, inhospitable land and was thus largely ignored at the time. However, due to the Klondike Gold Rush, the future of these northern lands would change forever. These days, a new rush has arisen, a white gold...
Urges the mining industry to build goodwill and trust to survive societal, geopolitical, and new technology megatrends in a changing world. Newmont President and CEO Tom Palmer did not waste his keynote address at the Minerals Week 2023 gathering in Australia to tout the many achievements of the world's largest gold mining company he leads. Instead, he delivered a powerful and sometimes foreboding message to the mining leaders in the room and around the world about the...
Everyone agrees that historically enormous quantities of copper are essential to wiring a world in which low-carbon electricity delivered via powerlines supplants fossil fuels pumped through pipelines as the energy solution of choice. The federal entity charged with compiling the list of minerals critical to the United States, however, disagrees with nearly every company, organization, and person associated with the clean energy supply chain on the criticality of the...
NIKOLAI, ALASKA – Alaska Energy Metals Corp. President and CEO Greg Beischer has returned to finish what he started when he first landed in Alaska as a young geologist for INCO Ltd. in 1995 – outline a world-class nickel deposit at Nikolai, a project that lies on the northern margins of an energy metals enriched geological terrane that arcs across the 49th State. "Alaska Energy Metals is positioning itself to supply domestic markets with a source of critical and strategic met...
Early this summer, Blue Star Gold Corp. launched an exploration program, hoping to identify favorable prospects and advance targets on its landholdings in western Nunavut to drill-ready status for a 2024 discovery program at its Ulu Gold Project. The company's Ulu, Hood River, and Roma properties cover more than 45 kilometers (28 miles) of the High Lake Greenstone Belt. By the first week in August, Blue Star had scoped out several promising areas for drilling next year on the...
10-year mine life could provide the much-needed nickel and copper for clean energy technologies. Nickel Creek Platinum Corp. Aug. 24 published the results of a pre-feasibility study for the Nickel Shäw project in the southwest corner of Canada's Yukon, capable of producing 614.3 million pounds of nickel, 281.5 million lb of copper, 21.5 million lb of cobalt, 626,500 ounces platinum, 743,400 oz palladium, and 174,400 oz of gold over a 19-year mine life. This PFS is based on...
Lithium is an indispensable element in the clean energy transition for several key reasons; like all alkaline metals on the periodic table, it has one more electron than it strictly needs, and this tendency to shed electrons makes it well-suited for passing them back and forth between cathode and anode, charging and discharging thousands of times without degradation. Pure lithium does not occur in nature, but traces are found throughout nearly all igneous rocks, mineral...
There is nearly a $1 trillion chasm between where the United States' lithium battery supply chain is today and where it needs to be by 2035 in order to build the envisioned green energy future where electric vehicles are charged with low-carbon energy. Roughly 40% of this investment will need to go toward ensuring there is a plentiful supply of cobalt, graphite, lithium, nickel, and other battery materials. Simon Moores, CEO of Benchmark Mineral Intelligence and one of the...
The United States has rich deposits of copper, cobalt, graphite, lithium, nickel, rare earths, and other mined commodities needed to build the clean energy future. The often decade-long mine permitting timeline in the U.S., however, means that many of these domestic critical mineral sources will be hard-pressed to get developed in time to help meet the climate goals laid out by the White House. This extraordinarily long federal permitting process for large projects has global...
Valhalla Metals Inc. July 19 announced the start of its 2023 exploration program at Sun, which is slated to include up to 4,000 meters of drilling focused on expanding the high-grade volcanogenic massive sulfide deposit on this property in Alaska's Ambler Mining District. "We are excited to get our drill program underway. The Sun deposit is ripe for expansion," said Valhalla Metals Chairman Rick Van Nieuwenhuyse. According to a 2018 calculation, Sun hosts 1.71 million metric...
Dunleavy takes a first-hand look at mine projects at end of a proposed 100-mile road into West Susitna area. Alaska Gov. Mike Dunleavy and Department of Transportation and Public Facilities Commissioner Ryan Anderson visited the Whistler copper-gold and Estelle gold exploration projects during a recent tour of the western end of the proposed West Susitna Access Road in Southcentral Alaska. Extending 100 miles northwest from Port McKenzie near Anchorage, the West Susitna Road...
Potentially rich deposits of lithium in the terrain near Yellowknife, the capital of Northwest Territories, has spurred a small stampede of mining companies to Canada's north this summer as worldwide demand for the critical mineral accelerates. At least seven companies have reported exploration programs underway this field season on lithium projects near Yellowknife. Lithium is an important mineral for green energy technologies, and net-zero emissions will require greater...
For those in the know, Alaska's resources aren't just some surprise windfall for renewable energy technologies. While precious metals like gold and silver have been the primary focus of more than a century of mining up north, the 49th State is home to 49 of the 50 materials on the United States' critical minerals list and has a history of stepping up to the plate to provide America with critical minerals when they are needed the most. Looking ahead over the next two to three...
Resolution Minerals Ltd. Aug. 21 announced that it staked a 114-square-mile land package in an area of Alaska prospective for nickel with associated copper, cobalt, and platinum group metals. Australia-based Resolution is best known in Alaska for its exploration of the 64North gold project near Northern Star Resources Ltd.'s Pogo mine. Over the past year, however, the company has also been acquiring and exploring projects that could offer future supplies of the metals needed...
U.S. GoldMining Inc. Aug. 21 announced the start of the first phase of a 10,000-meter drill program at the company's Whistler gold-copper project 105 miles northwest of Anchorage, Alaska. "The start of our inaugural exploration drilling campaign at Whistler marks an important milestone for U.S. GoldMining," said CEO Tim Smith. U.S. GoldMining was formed specifically to advance exploration and development of the 53,700-acre Whistler project that was acquired by its parent...
With the acquisition finalized, major invests in spin-out, leaving all parties satisfied. After weeks of deliberation, Hecla Mining Company has finalized the acquisition of ATAC Resources Ltd. and the company's previously owned Rackla and Connaught properties in Yukon, Canada. "With the ATAC acquisition, we continue to execute our strategy of acquiring large land packages with significant exploration potential in favorable mining jurisdictions," said Hecla Mining President and...
Amid renewed market interest in gold, White Gold Corp. recently reported increased mineral resource estimates for its flagship White Gold Project and unveiled plans for a 2023 exploration program across its namesake district in the Yukon. The junior explorer, which enjoys the financial backing of major Agnico Eagle Mines Ltd. (19.5%) and Kinross Gold Corp. (15%), has turned its attention in 2023 to further evaluation of targets at its JP Ross and Betty Ford projects and...
The world's leading mining companies have a big problem – with the industry being transformed by a mad rush to acquire raw materials supporting the worldwide energy transition, and mining companies' sweeping moves to drastically reduce their own carbon footprints, the future of labor is becoming more of a hybrid of specialized technical skillsets and traditional experience. Just as the average miner no longer counts a pick and shovel among his toolkit, the miner of today w...
