The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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From Pentagon's $37.5M grant to Graphite One to emerging nickel deposits, critical minerals are a hot AK mining topic. With Washington investing billions of dollars into ensuring safe and secure critical mineral supply chains, many mining companies are focusing more sharply on unlocking Alaska's potential to be a domestic source of the 50 minerals and metals critical to America's economic well-being and national security. The growing list of critical minerals being sought...
NIKOLAI, ALASKA – Alaska Energy Metals Corp. President and CEO Greg Beischer has returned to finish what he started when he first landed in Alaska as a young geologist for INCO Ltd. in 1995 – outline a world-class nickel deposit at Nikolai, a project that lies on the northern margins of an energy metals enriched geological terrane that arcs across the 49th State. "Alaska Energy Metals is positioning itself to supply domestic markets with a source of critical and strategic met...
Osisko Metals Inc. has finalized a joint-venture agreement with one of the world's leading mining and metals investment advisors that could propel its Pine Point project in Northwest Territories into becoming one of the top-10 zinc-lead producing mines in the world. Inked in late February, the estimated C$100 million deal with Appian Capital Advisory LLP, a unit of Appian Natural Resources Fund III LP, won speedy approval from Osisko Metals' shareholders in mid-March....
Replacing this oft-maligned lithium-ion battery metal comes at a cost Traditionally a headline-grabbing metal due to the perceived human rights and monetary costs it adds to lithium-ion batteries and the electric vehicles they power, cobalt is being overshadowed by the enormous demand and price increases for the lithium and nickel that also go into the storage cells that deliver the "E" to the EV revolution. Cobalt, however, continues to be a vital ingredient that improves...
"Grade is king" is an adage that guides mineral exploration and mining. The premise behind this basic axiom of the mining business is the less ore that needs to be mined and processed per ounce of precious metals, pound of base metals, kilogram of critical minerals, or carat of gemstones produced, the more profitable an operation will be. The kingliest of orebodies would be of such high grade that a mining company would simply need to dig up the ore, crush it, and then ship it...
Considering the almost unfathomable quantities that will be needed to power the global shift to low-carbon energy and electric mobility, copper is the most critical of the minerals and metals that have not been deemed critical by the United States or the European Union. How much demand will it take to push an abundant and widely produced metal like copper to the level of criticality? A doubling of current demand would likely be sufficient, and many analysts are forecasting...
While copper did not make it onto the list of 35 minerals and metals critical to the United States, the red metal's criticality to the global transition to renewable energy and electric mobility cannot be overstated. No matter which battery chemistries power tomorrow's electric vehicles, what renewable energy solutions recharge those EVs, or if rare earth magnets are used to generate that electricity and propel those vehicles more efficiently, any path to a decarbonized...
Ucore Rare Metals Inc. Dec. 23 announced that it is collaborating with an Ohio-based advanced material manufacturer to respond to an open request from the Pentagon for a strategic assessment of the domestic heavy rare earth element (HREE) market, in conjunction with an engineering evaluation of the viability of HREE separation capabilities at various sites within the United States. Materion Corp., Ucore's new Ohio-based colleague, is an advanced materials supplier with a...
Ucore Rare Metals Inc. has unveiled a three-tier strategy for delivering a non-Chinese source of rare earth elements to North American markets from its Bokan Mountain project in Alaska. Called M3, for mines, metals and markets, Ucore's plan to meet the needs of an independent rare earth supply chain in the United States includes three initiatives: advancing its Bokan-Dotson Ridge rare earths project in Southeast Alaska to shovel-ready status; developing an associated facility...
Ucore Rare Metals Inc. Aug. 29 reported that Alaska Gov. Michael Dunleavy has asked the White House to designate Bokan-Dotson Ridge rare earth project as a high priority infrastructure project, which would expedite the permitting process for this potential critical metals mine in Southeast Alaska. "The state of Alaska understands the critical nature of a secure supply chain for rare earth minerals in the United States. We are seeking your support to have this Alaskan rare...
About face; forward; march! The U.S. Department of Defense recently issued this order in the field of rare earth elements. The unique properties of REEs - a group of 17 previously obscure metals that include scandium, yttrium and the 15 lanthanides - are key ingredients in a number of military applications such as guided missiles, lasers, radar systems, night vision equipment and battlefield communications. China is estimated to supply between 90 and 95 percent of the world's...
Asubstantial amount of exploration activity continued apace in Yukon Territory this season despite the truncated budgets that forced most mining companies to juggle their projects and priorities. Some exploration companies found creative ways to raise capital, turning out their pockets to return to Yukon in 2013 to explore for Carlin-style gold mineralization in the east-central region of the territory, for more gold-bearing structures in the White Gold and Klondike districts to the west and for other styles and types of...
A substantial amount of mining activity continued apace in Yukon Territory this season even though most mining companies are shying away from the anorexic capital markets. Many exploration companies raised funds in other ways, turning out their pockets to return to Yukon in 2013 to explore for Carlin-style gold mineralization in the east-central region of the territory, for more gold-bearing structures in the White Gold and Klondike districts to the west and for other styles and types of mineralization elsewhere in the territ...
Ocean Park Venture Corp.'s 2011 exploration at the Chisna project in eastern Alaska has revealed Golden Range, a district-scale iron-carbonate zone rich in gold, copper and silver. Grab samples from this iron-carbonate zone that has now been traced for more than 12 kilometers (7.5 miles) have returned assays as high as 126.5 grams per metric ton gold and 17.7 percent copper; and one drill intercept averaging 681 g/t silver over 2.7 meters. Optioning the Chisna property from...
As we near the end of September and the metals market remains robust, the mining industry is breathing a sigh of relief as we remember the market meltdown of early September 2008. Although nobody is suggesting that the larger economy is in any way out of the woods yet, the worldwide demand for metals and metal products continues to expand. For example, the gold price hit US$1,274.95 earlier this month, well above the previous record of US$1,261 hit on June 28. Some believe...
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...
