The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 76 - 85 of 85
DAWSON CITY, Yukon - Atop a wooded peak in this land of mountains and deep valleys near the confluence of the White and Yukon rivers, a New Zealand-based miner is hard at work exploring for gold. Underworld Resources Inc., a junior organized in 2007, has come to the Far North in hopes of making a commercial discovery at the White Gold and Black Fox Gold properties in west central Yukon Territory, about 95-123 kilometers, or 59-76 miles, by air south of Dawson City. Organized with an initial public offering in March 2007, Unde...
If Alaska is the "Last Frontier," then Nautilus Minerals Ltd. surely must be exploring what can only be described as the ultimate frontier on earth - the bottom of the ocean. The Vancouver, B.C.-based junior exploration company earlier this year reported the first resource estimate for an undersea mineral deposit, ushering in what many call a new era in hardrock mining. The junior said it plans to develop substantial high-grade polymetallic (copper, gold, zinc and silver) massive sulphide deposits in 1,600 meters of water in...
As the late, great Phil Rizutto used to say when something amazing happened on the baseball field: "Holy Cow!" The last month has seen an explosion of activity across Alaska with companies working in virtually every region on a diverse package of metals including gold, platinum group elements, silver, molybdenum, lead, zinc, copper and nickel. Several new companies have entered the exploration field in Alaska and several new partners have joined forces with previously active...
The game is afoot! The last month has seen the start of a number of field programs in Alaska, marking the beginning of the traditional "field season" in the Great Land. With demand for metals remaining extraordinarily high, Alaska's mining industry is operating at capacity but well below demand. An acute shortage of drills and drillers, geologists and engineers and helicopters to move them all around is affecting exploration, development and production plans around the state. For the first time in my career, money is not in...
The people, the technology and the regulations have changed dramatically in the past 100 years or so since the Klondike Gold Rush, but placer mining in Canada's Yukon is still thriving. Mike McDougall, president of the Klondike Placer Miners Association, and Bill Lebarge from Yukon Geological Survey provided some insights into the state of the industry during a joint presentation to the Arctic International Mining Symposium in Fairbanks March 14. A total of 70,322 crude ounces of gold (2.2 million grams) was produced by...
The good news from Teryl, Kinross, Geoinformatics, Midas, Geocom and others is tempered by the loss of Alaska's gentleman scientist Ernie Wolff, who passed away on May 3; Liberty Star Gold appoints Phil St. George as VP of exploration s I write this summary of recent activities in Alaska's mining industry I am attending a once-every-five-year symposium in Reno put on by the Geological Society of Nevada. Some 1,500 attendees, mostly exploration geologists, are eagerly lapping up hours of new and previously unheard ideas on...
Robust metal prices are the most positive factor affecting Alaska's mining industry over the past year, according to Steve Borell, executive director of the Alaska Miners Association. "Metal prices are what drives the industry," Borell said. He said it is a significant fact that prices for base metals such as lead, zinc, copper, nickel and molybdenum are high at the same time as those for gold, silver and platinum. In world metal pricing it is not often the case that base metals and precious metals rise simultaneously....
This summer's exploration, engineering and environmental baseline data work at the Pebble prospect in southwest Alaska is progressing "exceptionally well," according to a spokesman for the deposit's developer, Northern Dynasty Minerals Ltd. Northern Dynasty, a Hunter Dickinson-managed mine-development company based in Vancouver, British Columbia, is on track to spend $25 million (C$33.5 million) this year on the Pebble project, a gold-copper-molybdenum deposit several miles north of Lake Iliamna, a little more than 200 miles...
Although the traditional Alaska field season has not really arrived yet, three significant developments occurred in March: Teck Cominco and Sumitomo Metal Mining received final permits for the Pogo gold project from the U.S. Environmental Protection Agency allowing construction to move ahead at flank speed, Anglo American acquired its first U.S. mineral property in years by signing a joint venture option on Nevada Star's MAN nickel-copper-platinum group element project and Nov...
Describing Alaska as "a good place to do business," AngloGold (U.S.A.) Exploration's president of North America said the company's focus is shifting away from projects in Nevada and parts of Canada. The company increased its landholdings through a sizeable claim staking effort in recent months in the area surrounding the Pogo gold deposit, and is negotiating a land lease in the Livengood area. Total exploration spending in Alaska is planned for $2 million, which is more than two-thirds of the company's North America green-fie...
