The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 51 - 57 of 57
Although commodities prices have improved for the mining industry over the past year, 2009 has been the kind of year most of us hope not to repeat. The best analogy I can come up with is the one that says "All boats rise and fall with the tide." Under this scenario, company fortunes fell as the general market declined. Unfortunately, not all boats (companies) rise when the tide goes back up. Some get holed on the rocks of economic misfortune and remain on the bottom....
Kiska Metals Corp. cut long intercepts of gold-rich mineralization in two of the five holes that it drilled during the newly formed company's fall 2009 exploration program. These intercepts indicate that the 173-square-mile, or 448-square-kilometer, Whistler property encompasses multiple metal-rich zones. Kiska Metals, formed in August as a result of a merger between Rimfire Minerals Corp. and Geoinformatics Exploration Inc., began drilling the property in September....
Metals markets continue to climb out of the basement as the world demand for metals resumes its upward trend. Fueled by this growing demand, numerous Alaska precious, base and rare metal projects reported results of their 2009 exploration, development and production programs. The recent Alaska Miners Association Convention in Anchorage felt this surge of interest with the highest attendance in more than a decade. The atmosphere at the conference was charged with optimism, a co...
Kiska Metals Corp. emerged on the Alaska exploration scene as the result of a merger between Geoinformatics Exploration Inc. and Rimfire Minerals Corp. The amalgamated company has a portfolio of ten precious metal properties including its flagship Whistler gold-copper project located 150 kilometers, or 92 miles, northwest of Anchorage, Alaska. Kiska will be led by the current Rimfire management team, including President and CEO Jason Weber and Mark Baknes, vice president,...
Although Alaska's summer field season is quickly coming to an end, the mineral industry continues to gain momentum thanks to rapidly increasing metals prices, fueled in part by growing industrial demand and an astonishing increase in investment demand for metals like gold and silver. Goldfields Mineral Service reported that for the period 1993 to 2000, world gold investment averaged about 383 metric tons of metal per year, while annual gold investment for the period 2001 throu...
They say when it rains, it pours, and that is just what is happening with news from field programs all over Alaska. Results from summer 2009 programs are pouring in from the Brooks Range to Prince of Wales Island, from Eastern Interior Alaska to Southwestern Alaska. Commodities of interest range from the expected gold, silver, copper, lead and zinc to the nearly unpronounceable, including praseodymium, dysprosium, terbium, thulium, lutetium and yttrium. Go ahead, drop a...
By most years' standards, the last month has been a barn burner for mining news. By 2006 standards it hardly measures on the Mining Industry Care-O-Meter, a highly subjective, totally unscientific measurement of what is happening in Alaska's mineral industry. In the last month we have seen the state's largest primary gold deposit resources increase to a mind-boggling 32 million ounces, we've seen one new mine begin commercial construction, we've seen one mine under construction receive a partial injunction against part of...
