The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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Alaska and Canada's North poised to deliver in the 21st century. As the United States wrestles to loosen China's grip on the global supply of critical minerals, there is a growing realization that Alaska and Canada's North host rich deposits of the elements essential to the energy transition, national security, and the overall economy. Antimony and graphite in Alaska, platinum group metals (PGM) and tungsten in the Yukon, cobalt and lithium in Northwest Territories, nickel...
From critical mineral projects and renewable energy strides to the challenges of climate and infrastructure, 2024 was a year of transformation for NWT. Navigating both adversity and opportunity, 2024 marked a turning point for the Northwest Territories as it faced a balancing act – leveraging its rich mineral potential to drive economic growth while addressing the vulnerabilities of a warming climate and the logistical hurdles of developing remote, underfunded infrastructure....
Mining Explorers 2024 digs into northern critical minerals. Data Mine North is proud to present the 2024 edition of Mining Explorers, the 16th edition of this perennial magazine that delivers unprecedented insights into the mining and mineral exploration companies exploring the vast and largely untapped mineral potential across a northern expanse that extends from the gold-rich beaches on Alaska's west coast to the world-class iron ore deposits on Nunavut's Baffin Island. Whil...
Fortune Minerals Ltd.'s efforts to establish a North American supply of metals critical to the energy transition at its NICO project in Northwest Territories received a $11.9 million (C$16.2 million) boost from federal grants awarded by both Canada and the United States. Located about 100 miles (160 kilometers) northwest of Yellowknife, NICO is a near-development stage project that includes an intriguing mix of critical and precious metals. According to a 2020 development plan...
Fortune reports positive results from feasibility-level studies supported by DOD, NRCan, Alberta Innovates, and Rio Tinto. Fortune Minerals Ltd. Jan. 8 reported that the engineering and test work being supported by roughly $12 million (C$17 million) in funding from the U.S. Department of Defense (DoD), Natural Resources Canada (NRCan), and Alberta Innovates is resulting in metals recovery and cost improvements that will be incorporated into an updated feasibility study for a...
DOD and NRCan co-invest in advancing company's Mactung tungsten mine project and upgrades to infrastructure in eastern Yukon. In a strategic bid to establish secure and reliable North American supplies of minerals critical to defense and the broader economy, the U.S. Department of Defense and Canadian government are jointly investing up to US$27.3 million (C$35.4 million) to aid Fireweed Metals Corp. in advancing the Mactung tungsten mine project in eastern Yukon toward a...
Trump's vow to maximize mining in Alaska , ESG benefits of mining in Northern BC, and historic investments in a NWT critical minerals project land on the list. From the launch of a new Prospectors and Developers Association of Canada (PDAC) initiative to position Indigenous youth as next-generation mining leaders to the collapse of the tailings storage facility at Victoria Gold Corp.'s Eagle Mine, North of 60 Mining News delivered more than 570 articles last year covering the...
Hires Worley to update feasibility study for vertically integrated cobalt-bismuth-copper-gold project in Northwest Territories and Alberta. Fortune Minerals Ltd. Oct. 7 reported that it has hired Worley Canada Services Ltd. to update a feasibility study for NICO, a vertically integrated critical minerals project that will include a mine in Northwest Territories and hydrometallurgical refinery in Alberta. Located about 160 kilometers (100 miles) northwest of Yellowknife, NWT,...
Rising demand, lack of domestic supply, and China's dominance. While graphite has not captured the same level of media attention as some of the other mined materials critical to the clean energy transition, the strategic nature of this largest ingredient in lithium-ion batteries powering electric vehicles is high on the list of concerns for American automakers, Washington policymakers, and the Pentagon's top brass. These worries are based on a trifecta of graphite...
Will the controversial metal find its place in green tech? About 30 years ago, nobody thought much about cobalt. Today, this metal, with myriads of uses, is one of those elements that gets dragged into the spotlight due to the role it plays in electric vehicle batteries, with critics citing the disparity between the environmental and social costs of producing cobalt and the green tech solutions this critical metal enables. But we can't build a clean energy future without...
Import-reliance a top concern for national security officials. America's heavy reliance on China and others for the minerals and metals critical to the nation's economic competitiveness, military strength, and clean energy future is high on the list of strategic concerns for top brass at the U.S. departments of Defense and Homeland Security. While much of this concern is rooted in the fact that the United States' ability to defend its strategic interests at home and abroad...
Australian explorer makes new mineral discoveries, confirms known targets at historic multi-metal project in Northwest Territories. White Cliff Minerals Ltd. July 9 reported that it has confirmed previously identified copper, cobalt, and uranium mineralization and made new discoveries during the first week of its inaugural exploration program at the Great Bear Lake iron ore-copper-gold-uranium (IOCG-U) project in Northwest Territories. "Finally, we are on the ground!" said...
Marks first time ever that U.S. and Canadian governments co-invest in development of North American critical mineral projects. The U.S. Department of Defense (DOD) and Natural Resources Canada (NRCan) are investing a combined $12 million into establishing a vertically integrated critical minerals supply chain in Canada that includes a mine at Fortune Minerals Ltd.'s NICO cobalt-gold-bismuth-copper project in Northwest Territories and associated hydrometallurgical refinery in...
White Cliff Minerals takes a new look at old Radium Point, a uranium project in NWT with significant silver, gold, copper, zinc, nickel, and cobalt potential. White Cliff Minerals Ltd. May 19 announced its latest progress as it gears up for its inaugural field expedition at the Great Bear Lake (formerly known as Radium Point) in Canada's Northwest Territories. Covering a land package of 3,300 square kilometers (1,274 square miles) in the Echo Bay district of the northern...
Zinc contributed most to state's mine production value during 2023; gold is poised to take the crown and make run toward 1 million ounces per year. At a value of $1.5 billion, zinc held onto its throne as the most valuable metal produced in Alaska during 2023. With production forecasts and price trends headed in opposite directions for zinc and gold, however, the gleaming precious metal that drew fortune-seekers North at the turn of the 20th century could soon regain the...
NRCan funding will support a vertically integrated critical minerals supply chain that includes a mine in Northwest Territories and refinery in Alberta. Natural Resources Canada (NRCan) March 26 announced a C$714,500 (US$525,200) investment into enhancing the production of cobalt sulfate and bismuth ingot products from a future mine at Fortune Minerals Ltd.'s Nico project in Northwest Territories and associated hydrometallurgical refinery in Alberta. "Critical minerals develop...
Shifting its immediate focus to potentially more lucrative opportunities in the lithium mining sector, Rover Metals Corp. reported plans Dec. 11 to put its Cabin Lake gold project in Northwest Territories up for sale after nearly five years of exploration. The 400-hectare (988 acres) Cabin Lake project is located about 110 kilometers (69 miles) northwest of Yellowknife, the territory's capital, and 40 kilometers (25 miles) northwest of the community of Behchokǫ̀. Rover M...
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...
With a summer marred by unprecedented wildfires behind them, companies exploring the mineral-rich Northwest Territories are reporting impressive results from their 2023 programs. Seeking new deposits of valuable minerals, ranging from ever-popular diamonds and precious metals to recently designated "critical minerals," such as lithium, rare earth elements and zinc, a score of explorers took to the field across the territory. "An exciting new chapter is emerging for mining in t...
Fortune Minerals Ltd. Dec. 5 announced that it has received federal and provincial funding for Nico, a vertically integrated cobalt-gold-bismuth-copper project that is slated to include a mine in Northwest Territories and a hydrometallurgical refinery in Alberta. Lying about 150 road-kilometers (95 miles) north of the Canadian rail system at Hay River, Northwest Territories, Nico is a near-development stage mine project that includes an intriguing mix of critical and precious...
Rio Tinto, Fortune Minerals team up to recover critical minerals at Nico refinery in Alberta. To bolster the North American supply of critical minerals, global mining giant Rio Tinto and Canadian mine developer Fortune Minerals Ltd. are working to together to improve the recovery of bismuth and cobalt from ore and waste streams. "We are committed to find better ways to provide the materials the world needs to grow and decarbonize," said Rio Tinto Kennecott Managing Director...
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...
The Northwest Territories capital city of Yellowknife is emerging as a northern link in North America's electric vehicle supply chain. Already home to Canada's only rare earths mine, a 160-kilometers (100 miles) area around this northern mining town happens to be enriched with the lithium and cobalt that is in massive demand for EV batteries, along with numerous other minerals critical to both Canada and the United States. A roughly 9,600-square-kilometer (3,700 square miles)...
Fortune Minerals Ltd. March 23 reported that it is in discussion with the Canadian, United States, and European Union governments to secure financial support for the development of the company's Nico cobalt-bismuth-copper-gold project in Canada's Northwest Territories. Located about 150 road-kilometers (95 miles) north of the Canadian rail system at Hay River, NWT, Nico is a near-development stage project that includes an intriguing mix of critical and precious metals....
Alianza Minerals Ltd. Jan. 30 reported an outline of the drilling and exploration activities it has planned for the Haldane silver project in the historic Keno District in the Yukon. Located about 25 kilometers (16 miles) west of Hecla Mining Company's Keno Hill silver mine, the 8,579-hectare (21,200 acres) Haldane property hosts a small historical mine that was first recognized for its high-grade silver mineralization more than 100 years ago. Underground mining that began in...
