The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 76 - 83 of 83
President Barack Obama heralds green renewables as key to a strong economy and energy independence, but without vigorous domestic copper production, his goals will be difficult to reach. Copper, the world's preeminent electricity and heat conductor, is a necessity. The average American home contains an estimated 400 pounds of copper in wire, plumbing, and fixtures; the average automobile requires 50 pounds. The Northwest Mining Association estimates that a typical child born today will use 1,500 pounds of copper throughout...
Alaska legislators are at odds on how to proceed with a state-funded study of the Pebble Project and what effect building a mine at the enormous copper-gold-molybdenum deposit will have on the people and environment of the Bristol Bay region of Southwest Alaska. With US$750,000 appropriated in the fiscal 2011 Alaska state budget to advance such a study, the Alaska Legislative Council formed a subcommittee to move the review forward. Chaired by Alaska House Speaker Mike...
We feel strongly that an informed public is an empowered public," the Keystone Center said in an early September report that attempts to identify the principle issues people have raised in regard to the proposed Pebble mine and to evaluate the desirability and feasibility of a process to discuss and possibly address those issues. Keystone was hired by the Pebble Partnership to assist it in developing the huge copper-gold-molybdenum Pebble deposit in Southwest Alaska into a...
Alaska's governor-elect, Republican Sarah Palin, made the annual miners' convention in Anchorage the venue for her first official engagement after the election, promising to listen to the industry as she selects her advisors. Palin's predecessor, Frank Murkowski, gave strong support to the mining industry, including initiating the Roads to Resources program, but lost valuable employees at the Department of Natural Resources when they resigned in protest at his handling of gas pipeline negotiations. "It's my pleasure to...
Chief Ranger Pat Murphy has a dream. Restore the bunkhouse at the historic Independence Mine, north of Anchorage. Bring visitors to stay there overnight and watch old movies in the building's 90-seat theatre on the first floor. In the morning, take them to the mess hall and serve a huge miners' breakfast, loaded with calories. Then give them an underground tour of a mine that was one of Alaska's largest gold producers before World War II. Murphy is the kind of active guy who is likely to achieve his dream. Driving around the...
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...
Full Metal Minerals Ltd. has launched an eight-hole drilling program covering 1,200 meters at the Lucky Shot Gold Project, about 40 miles north of Anchorage. The program - the initial phase of exploration at Lucky Shot by the Vancouver, British Columbia-based company - will target an extension to the Coleman Vein at the Lucky Shot Mine. The mine is in the second largest historic lode-gold producing region in Alaska. From 1908 to 1951 Lucky Shot operated as one of the richest in Alaska, producing 252,000 ounces of gold at an...
The month of November started off with a bang with favorable results for the mining industry from both the state and federal elections standpoint. As it closes the price of gold is flirting with $450 per ounce, the highest price for this metal since mid-1988. The Alaska Miners Association convention was very well attended in early November and results were revealed there from many of Alaska's exploration, development and production properties. A quick tally of spending across...
