The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 101 - 103 of 103
There has recently been a great deal of talk about how the hard rock mining industry in Alaska "needs to pay its share." One proposal is that this industry should be singled out for the imposition of a severance tax. In discussing this matter with a friend who is not involved with the hard rock mining industry, I was somewhat amazed by her support for this type of taxation. When I suggested to her that major mines often take more than a decade to go from discovery to...
If Lucky Shot lives up to its name, it could net Vancouver, British Columbia-based junior Full Metal Minerals millions of dollars. But the chances are slim. Less than 1 percent of exploration projects eventually develop into operating mines, according to Full Metal's vice president, Rob McLeod. Still, McLeod hopes that this or one of his company's other Alaska projects will be as lucrative as Pierina in Peru, which his cousin Catherine McLeod-Seltzer discovered and sold to Barrick Gold for a not-so-small fortune. The Lucky...
Current market conditions favor the three metals uncovered in the Pebble project operated by Northern Dynasty Minerals Ltd. in southwestern Alaska. Not only are gold and copper fetching good prices, but a recent run-up in molybdenum prices could deliver a nice bonus for the project. Little known metal makes big contributions Molybdenum, pronounced "meh-LIB-deh-nem," is mainly a byproduct of copper mining but some standalone molybdenum mines do exist. The element was discovered by Carl Welhelm Scheele, a Swedish chemist, in...
