The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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Latest Haldane assays elevate priority of new target. Silver North Resources Ltd. Nov. 14 announced results from its 2024 drilling campaign at the Haldane property in Yukon, including the discovery of multiple high-grade silver-bearing structures at the Main Fault, elevating it to a high-priority target for future exploration. Located about 22 kilometers (14 miles) west of Hecla Mining Company's Keno Hill silver mine, the 8,164-hectare (20,174 acres) road-accessible Haldane...
With demand outstripping supply, price for Alaska's highest-valued mined product sets up bright 2025 for 49th State and Red Dog. Rising demand and a three-year-long slide in supply are pushing up the price of zinc, which is good news for zinc-producing jurisdictions like Alaska but not so much for the buyers of this galvanizing metal widely used for renewable energy and transportation infrastructure, automobiles, and a wide array of other applications. Potential supply...
Geologist and former executive vice president of growth at Barrick takes the helm of America's largest silver mining company. Marking a new era for the oldest and largest primary silver-producing company in the United States, Hecla Mining Company has appointed Rob Krcmarov to be its new president and CEO beginning on Nov. 7. "Rob is a highly respected figure in the mining industry with a proven track record across various international markets," said Hecla Mining Chair...
Eagle Mine heap leach failure impacts Keno Hill; silver output at Greens Creek and Lucky Friday also slows. Hecla Mining Company Nov. 7 reported that permitting delays at its Keno Hill mine in the Yukon, coupled with slightly lower quarterly production at its Greens Creek and Lucky Friday operations, has knocked the Idaho-based mining company off its pace to produce 17 million ounces of silver in 2024. Over the first six months of this year, Hecla's operations had produced...
Drilling at Haldane intersects Main Fault, adds fourth silver target to historic Yukon property. Silver North Resources Ltd. Oct. 16 announced the completion of its 2024 drilling campaign at the Haldane property in Yukon, Canada, which successfully intersected the Main Fault target and confirmed a fourth silver vein target at the site. "We are very pleased with the progress we made at Haldane in this program," said Silver North President and CEO Jason Weber. "We have shown tha...
Plans for 1,000 meters in six holes at silver property in Yukon's famed Keno Hill District. Silver North Resources Ltd. Aug. 27 announced that it will begin drilling at its Haldane property in Yukon in early September, targeting high-grade silver mineralization at the West Fault and Bighorn areas. Located about 22 kilometers (14 miles) west of Hecla Mining Company's Keno Hill silver mine, the 8,164-hectare (20,174 acres) road-accessible Haldane property has a history of...
Mining's benefits to the state's economy are poised to grow as the world seeks sustainable sources of the minerals Alaska is enriched with. A new study carried out by Alaska-based McKinley Research Group found that mining and minerals exploration contributed over $2.5 billion to Alaska's economy during 2023. "The mining industry continues its role as a powerhouse of Alaska's economy, partnering with local communities to drive significant economic benefits and support...
Cyanide contamination confirmed; First Nation demands mining moratorium; government mandates urgent measures for Victoria. The collapse of the heap leach pad at Victoria Gold Corp.'s Eagle Gold mine has significantly shifted Yukon's environmental and political landscape. Recent updates from the Yukon Energy, Mines and Resource Minister John Streicker July 11 provided new details on the extent of the impact and outlined urgent measures being taken to address the fallout from...
Begins comprehensive, multifaceted program to better understand highly prospective project. Trifecta Gold Ltd. July 16 announced that crew and equipment have been mobilized to carry out an exploration program to further delineate known zones of mineralization and identify new targets at its Mt. Hinton gold-silver project in Yukon, Canada. Trifecta Gold is a Canadian-based precious metals exploration company that holds projects in Yukon and Nevada. These include the Yuge gold...
A Yukon First Nation's call for a mining pause, however, could impact Keno Hill silver output. Hecla Mining Company July 10 reported that continued improvements in performance at its Keno Hill mine in the Yukon has the Idaho-based mining company on pace to produce 17 million ounces of silver in 2024. During the first six months of this year, Hecla's operations produced 8.7 million oz of silver, which is 10% higher than the 7.9 million oz produced at the midpoint of 2023. They...
Eager to expand on 18.2 million oz maiden resource announced earlier this year. Metallic Minerals Corp. June 13 announced the start of the 2024 exploration program at both its Keno Silver project in the Yukon and the La Plata copper-silver-gold-platinum group elements project in southwest Colorado. Metallic's properties in the Yukon's historic Keno Hill Silver District cover 171 square kilometers (66 square miles) of promising targets adjacent to Hecla Mining Company's Keno...
Plans to complete 15,000 meters of drilling targeting the Surebet gold-silver corridor and three discovery targets. Goliath Resources Ltd. June 3 announced that it is ramping up a 15,000-meter drill program to expand the high-grade gold zones at Surebet and test three discovery targets across the wider Golddigger property in Northern British Columbia. Located in the neighborhood of Dolly Varden Silver Corp's Kitsault Valley and Hecla Mining Company's Kinskuch gold-silver...
Chair Catherine Boggs will fill vacancy as company seeks new executive for largest silver producer in the U.S. After nearly 23 years serving as president and CEO of Hecla Mining Company, Phillips Baker Jr. suddenly stepped down as the top executive of the silver-focused mining company with operations in Alaska, Idaho, Quebec, and Yukon. "I would like to thank Phil for his years of service and valued contributions to Hecla and the silver industry overall," said Hecla Chair...
Will include full season of various workings toward optimizing future operations. Banyan Gold Corp. April 18 announced the exploration and technical program planned for the 2024 season at its AurMac gold project in Yukon, Canada, allocating roughly 5,000 meters of drilling that will be strategically focused on economic drivers to optimize a future mine. After establishing an impressive 7-million-ounce gold resource for AurMac in February, drilling this year aims to...
Alaska Gov. Mike Dunleavy and Yukon Premier Ranj Pillai discuss the roles they can play to uplift northern neighbor jurisdictions. ANCHORAGE, Alaska: With an air of joviality and high rapport, Alaska Gov. Mike Dunleavy and Yukon Premier Ranj Pillai participated in a plenary discussion hosted during the 2024 Arctic Encounter Symposium to converse on the potential for closer partnerships and improving the cross-border relationship that has existed between northern neighbors Alas...
Begins 1,200-meter program, aiming for two holes that will further outline extent of Catch copper. Cascadia Minerals Ltd. May 16 announced that drills are turning at its Catch copper project in central Yukon, marking an earlier start to the season as the company is eager to follow up on last year's success. "We're pleased to have an early start to our exploration in 2024, with diamond drilling already underway at the Catch property," said Cascadia Minerals President and CEO...
Adds three new prospective targets, two of which hold CRD potential. Silver North Resources Ltd. May 14 announced the completion of an option agreement with three private prospectors, securing rights to the carbonate replacement deposit prospective GDR project in southern Yukon. Rebranding as Silver North Resources (formerly Alianza Minerals) to better reflect its goals in searching for the precious metal necessary to the clean energy transition, the company's exploration has...
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...
Hecla's Yukon mine hosts enough high-grade reserves for 11 years of mining; drilling shows promise for near-future growth. Hecla Mining Company March 28 filed a technical report outlining 55 million ounces of silver reserves for its Keno Hill mine in Canada's Yukon. This marks a 45% increase in reserves since gaining ownership of the historic silver property through the acquisition of Alexco Resource Corp. toward the end of 2022. Calculated at a price of $17 per ounce of silve...
Company tracks toward 17 million oz of silver in 2024 as the clean energy transition powers large increases in demand for precious industrial metal. With increased output at its mines in Alaska, Idaho, and Yukon, Hecla Mining Company produced 4.2 million ounces of silver during the first three months of 2024, a 43% jump over the 3.3 million oz produced during the previous quarter. "The 43% increase in silver production reflects the consistent, strong performance from Greens...
Enters into definitive agreement for initial 70% toward highly prospective Tombstone gold projects. Strategic Metals Ltd. March 4 announced it has approved Trifecta Gold Ltd. the right to earn up to 100% interest in 11 highly prospective, reduced intrusion-related gold projects located within the prolific Tombstone Gold Belt in Yukon, Canada. Often maintaining a low-key approach to its business operations, Strategic Metals is less a project miner and more a project generator...
Rebrands to reflect its new focus on silver through its highly prospective Haldane and Tim properties in Yukon. Silver North Resources Ltd. Feb. 29 announced a summary of its accomplishments during 2023 and plans for the upcoming year as rebranding from Alianza Minerals Ltd. best reflects the company's focus on silver as it continues to advance its Haldane and Tim silver properties in Canada's Yukon. "Rebranding as Silver North Resources Ltd. is a strategic move to focus on...
Combined inferred resource between underground and in-pit total 18.2 Moz silver-equivalent. Metallic Minerals Corp. Feb. 26 announced an inaugural mineral resource estimate for its Keno Silver project in the iconic Keno Silver District in Canada's Yukon, culminating in 18.16 million ounces of contained silver-equivalent. Consisting of 171 square kilometers (66 square miles) within the historic Keno Hill Silver District, Metallic Minerals holds 100% of this promising target...
Company expands Keno Hill and Lucky Friday reserves, readies Greens Creek for the next jump. Hecla Mining Company Feb. 13 reported that its 2023 exploration resulted in the second-highest silver reserves and the largest gold resource ever for the Idaho-based company. "Hecla's silver reserves are the second highest in our 133-year history at 238 million silver ounces and only 1% less than last year's all-time highest reserve, and gold resource is the highest in our history," sa...
From the world's largest gold company expanding its production profile in British Columbia's Golden Triangle to a 130-year-old silver mining legend strengthening its foothold in the Yukon and a soon-to-be new gold producer in Nunavut, mergers and acquisitions completed in 2023 will forever change the North of 60 Mining News landscape. In fact, if everything goes according to plan, by the time Mining Explorers 2024 rolls off the presses, B2Gold will be pouring the first bars...
