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  • When the dust settles

    Shane Lasley, North of 60 Mining News|Updated Feb 1, 2018

    Alaska's mining industry captured the attention, not only of Alaskans but also the country during the past year when a controversy over the proposed Pebble Project in Southwest Alaska bubbled to the surface. Supporters and opponents of a ballot initiative aimed at blocking the mining venture squared off in a vocal and often strident campaign that made headlines nationwide. Alaska Miners Association director Steve Borell cited the contest over development the world-class...

  • Miners reclaim Alaska mines as they work

    Shane Lasley, Mining News|Updated Oct 25, 2009

    Reclamation is a critical element of modern mining and mine planning. In Alaska, companies who wish to extract minerals from the earth must first present a plan on how they propose to return the disturbed land to a reusable state and post financial assurances that they will complete the job. Planning for what the site will look like and be used for begins before any mining is started. The information needed to design a successful reclamation plan is gathered from the...

  • Teck expects Aqqaluk permits by 2010

    Shane Lasley, Mining News|Updated Jul 26, 2009

    RED DOG MINE - Teck Resources Ltd. and NANA Regional Native Corp. are waiting, with cautious optimism, for the U.S. Environmental Protection Agency to provide final approval for development of a huge zinc-lead deposit that would extend the life of the Red Dog zinc mine by about 20 years. The partners in the world's largest zinc mine began their quest for approval to mine the Aqqaluk deposit, which is adjacent to the Red Dog Mine near Kotzebue, more than two years ago. Though... Full story

  • Finding rekindles Ballot Measure 4 fires

    Shane Lasley, Mining News|Updated Jun 28, 2009

    The opposing sides of Ballot Measure 4, the failed ballot initiative that opponents said targeted development of a mine at the huge Pebble copper-gold-molybdenum deposit in Southwest Alaska, have moved their ongoing battle from the court of public opinion into a court of law. A June 4 report, based on an investigation conducted by staff of the Alaska Public Offices Commission, recommended the anti-Pebble syndicate be levied the maximum civil penalties for multiple violations... Full story

  • Mining pay ranks No. 2 after oil and gas

    Curt Freeman, For Mining News|Updated Mar 29, 2009

    There are some new stats out from the State of Alaska that I thought you might like to see. For 2008, the Alaska mining industry accounted for 3,500 direct jobs and 5,500 indirect jobs. The industry doled out US$350 million in payroll with the average salary totaling US$82,600 per year, which is 90 percent higher than the statewide average for all sectors. Mining salaries were higher than all other sectors, except for the oil and gas sector. The industry paid US$105 million in...

  • Red Dog aims to rebound from dismal 2008

    Shane Lasley, Mining News|Updated Feb 22, 2009

    The Red Dog Mine, the largest zinc producer in North America, posted a loss of US$71 million (after depreciation and pricing adjustment) for the fourth quarter, down dramatically from the US$174 million profit (after depreciation and pricing adjustments) that it reported for the final period of 2007. But mine operator Teck Cominco Ltd. appears to be making the best of a bad situation by planning to ramp up production at the Northwest Alaska lead-zinc mine in 2009 even as it... Full story

  • Alaska mining project roundup

    Updated Jan 25, 2009

    Alaska saw robust mining activity in 2008 across the full spectrum of the industry, from small placer operations to major producers, and from exploration programs to advanced development projects. Here is a look at companies reporting significant progress during the year. Placer mining Silverado Gold Mines Ltd. has recovered 26,879 ounces of placer gold from channel and bench deposits in the Nolan Valley through 2007. The largest nugget recovered from the property, located about 280 miles north of Fairbanks, weighed 41.35...

  • Alaska mining industry faces credit crunch

    Curt Freeman, For Mining News|Updated Nov 30, 2008

    Let me start this month's mining update by saying I am not a chartist nor do I believe economic cycles are controlled by cosmic forces known only to the mystics. That said, I do believe in cycles because I have lived and worked through more cycles in the mining industry than I care to remember. So a couple of observations seem in order as we plummet down the slope off another peak into what looks to be a pretty deep, chilly valley. First off, what goes up, must come down with...

  • Miners spend record $4 billion in 2007

    Shane Lasley, Mining News|Updated Nov 30, 2008

    Alaska's mineral industry set a new spending record of about $4 billion in 2007, up 13.3 percent from the value of the industry's expenditures in 2006, according to an 89-page report released Nov. 5 by the Division of Geological & Geophysical Surveys and the Office of Economic Development. The industry's reported value, according to DGGS, is calculated by combining the amount spent on exploration and development with the production value of mines in Alaska. While 2007 was a... Full story

  • What a difference eight years can make!

    J. P. Tangen, For Mining News|Updated Nov 30, 2008

    10 is 90 percent over. As we approach the calendar change and the other mid-winter holidays, it is reasonable to reflect and prognosticate. Eight short years ago, we were on the dawn of a new era. Republicans controlled the White House, both houses of Congress, Alaska's governor's mansion and both houses of our state Legislature. The stars were perfectly aligned. It was a time for celebration because the dark decade was past and resource development in Alaska, most... Full story

  • Producing mines in Alaska

    Updated Oct 26, 2008

    NovaGold Resources Inc.'s Rock Creek gold mine began production Sept. 19. Crews began feeding the 6,500-metric-ton-per-day-mill at 25 percent capacity with a ramp-up to full production targeted for year's end. Once in full production, the operation is expected to turn out 100,000 ounces of gold per year. The main pit at Rock Creek has a resource of 500,000 ounces. The company's objective is to increase the resource to 1 million ounces over the next year. The Usibelli Coal Mine is a fourth-generation family-owned business...

  • Alaskans say 'No' to unclear measure

    Shane Lasley, Mining News|Updated Aug 31, 2008

    The majority of Alaska voters followed the lead of their governor the August 26 primary, turning down Ballot Measure 4 at polling booth by a margin of nearly three to two. When Gov. Sarah Palin took her governor's hat off Aug. 25 and threw it in the "Vote No on Measure 4" ring; she joined leaders across the state in voicing their support for the state's mining industry and the agencies that regulate it. "Let me take my governor's hat off just for a minute here and tell you,... Full story

  • Teck profits from copper, coal

    Shane Lasley, Mining News|Updated Aug 31, 2008

    Teck Cominco Ltd. reported that the second-quarter was highlighted by the strong performance of the Vancouver, B.C.-based major's copper division. Elk Valley Coal was also a large contributor, benefiting from the phase in of the 2008 coal year prices of $275 per ton, up from $93 per ton 2007 coal year prices. The strong copper and coal performance was offset somewhat by weak zinc prices and a stronger Canadian dollar. In Alaska, Teck Cominco reported a significant decrease in...

  • Leaders voice concerns about initiative

    Shane Lasley, Mining News|Updated Jul 27, 2008

    In a July 3 decision, the Alaska Supreme Court confirmed that the ballot initiative 07WTR3 is not an appropriation and can be placed on the ballot for the August 26 Alaska primary election. Ballot Measure 4 is currently listed in the Division of Elections 2008 primary election media packet. According to that listing, the ballot measure facing Alaska voters will read: Ballot Measure 4 - Bill Providing For Regulation of Water Quality (07WTR3) This bill imposes two water quality...

  • Barr offers voice of reason

    Compiled By Shane Lasley, North of 60 Mining News|Updated Jun 29, 2008

    Rosie Barr, spokeswoman for NANA's "Voices of Reason Campaign," told Mining News that anti-mining initiatives expected to come before Alaska voters on this fall's ballot would shut down existing mines like the huge Red Dog zinc-lead mine in Northwest Alaska and prevent the permitting of future mines, many of which would be developed on Alaska Native corporation lands. In undertaking this campaign, NANA is fighting to retain the land ownership and mineral rights granted to all Alaska Natives under the Alaska Native Claims...

  • Pebble applies for social license

    Shane Lasley, Mining News|Updated Jun 29, 2008

    During John Shively's 17 years working for the NANA Regional Corp., he was involved with the acquisition of land selection rights for the zinc property where the Red Dog Mine is currently located. He and other NANA leaders went on to permit and develop - in partnership with Teck Cominco - the world's largest zinc mine. Drawing on Shively's experience, the Alaska Miners Association invited him to speak to attendees at the 2007 Alaska Miners Association annual mining conference... Full story

  • Teck Cominco first-quarter profits dip

    Rose Ragsdale, For Mining News|Updated May 25, 2008

    Teck Cominco Ltd. reported a 4.3 percent dip in profits in the first quarter of 2008 due mainly to a higher Canadian dollar and lower coal and zinc prices. Earnings fell to C$345 million, or C78 cents a share, compared with C$360 million, or C83 cents per share, in the first quarter of 2007. Teck Cominco President and CEO Don Lindsay said significant income from three copper mines that the Vancouver, B.C.-based major acquired from Aur Resources in 2007 along with a 32 percent increase in the copper price helped the outcome.... Full story

  • Drills turn on projects across Alaska

    Curt J. Freeman, For Mining News|Updated May 25, 2008

    The game is afoot all across Alaska with the drills turning to the right on projects all across the state. The operating mines turned in strong first-quarter results and several new acquisitions, joint ventures and new players were announced in the last month. Western Alaska Teck Cominco American announced first quarter results from its Red Dog Mine. In the first quarter, the mine produced 138,500 metric tons of zinc in concentrate. Zinc ore grade increased to 21.3 percent while mill recoveries remained steady at 83.8...

  • Parties settle Red Dog discharge lawsuit

    Shane Lasley, Mining News|Updated May 25, 2008

    A federal judge has canceled a trial scheduled for May 19 concerning a lawsuit filed in 2004 by six Kivalina residents asking for more than $20 million in damages from Teck Cominco Alaska Inc. for alleged violations of the U.S. Clean Water Act at the Red Dog Mine in Northwest Alaska. Plaintiffs claimed that Teck Cominco, the mine's operator, discharged illegal amounts of total dissolved solids into the Wulik River - the same river Kivalina residents use for drinking water and...

  • Pebble seen as opportunity, not problem

    Updated Apr 27, 2008

    Partnership's new CEO shares views on challenges that giant copper-gold-moly deposit likely will face on road to development ohn Shively, the new chief executive officer of Pebble Limited Partnership, told Mining News in an April 11 interview that the Pebble Project in Southwest Alaska is a huge opportunity for both the people who live in the area and for all Alaskans. Shively said it is inappropriate for Pebble's opponents to try to stop the project before it reaches the permitting process, and irresponsible of them to be...

  • Pebble CEO gets $140 million budget

    Shane Lasley, Mining News|Updated Apr 27, 2008

    The Pebble Limited Partnership- an Alaska-based 50-50 partnership formed between a wholly owned subsidiary of Northern Dynasty Minerals Ltd. and a wholly owned U.S. subsidiary of Anglo American plc to engineer, permit, construct and operate a modern, long-life mine at the Pebble Project-has set a 2008 budget of $140.1 million to advance the Pebble copper-gold-molybdenum project in southwest Alaska. In early April the partners appointed John Shively as the partnership's first... Full story

  • Should Pebble be developed?

    Shane Lasley, Mining News|Updated Mar 30, 2008

    Taking into consideration that the planet's second largest porphyry copper-gold-molybdenum resource is located on a plot of land equal to 0.00076 percent of Alaska's total land mass, is being developed under one of the world's most stringent permitting systems, and could help meet the growing demand for copper worldwide; is it irresponsible and unfair to Alaska and its citizens not to develop the Pebble Project? The real question begging for an answer is, "Why not Pebble?"... Full story

  • Teck Cominco delivers despite setbacks

    Rose Ragsdale, For Mining News|Updated Mar 30, 2008

    Hammered by several significant reverses in the fourth quarter of 2007, Teck Cominco Ltd. managed to still turn a substantial profit and deliver $1.6 billion in full-year earnings. Earnings plummeted to C$280 million, or 64 cents (Canadian) per share, in the fourth quarter, down nearly four-fold from C$866 million, or C$2.01 per share, during the final quarter of 2006.Year-over-year earnings also fell, dipping about one-third to C$1.62 billion from C$2.43 billion a year earlier. Fourth-quarter revenues fell 26 percent to...

  • Tangen: 'Everybody talkin' 'bout heaven; ain't nobody goin' there'

    J. P. Tangen, For Mining News|Updated Feb 24, 2008

    I'm ready to give the Devil his due. The Star Trekkie commercials that the Renewable Resource Coalition, or whatever nom de guerre Bob Gillam currently hides behind, are very clever. They are not true, but then again, truth and freedom of speech have always been wholly disassociated when it comes to advertising. The Gillamites attempt to raise the inference that the initiatives that have been offered for the ballot next August will stop the Pebble mine, but won't affect other...

  • Alaska hums with 'over abundance' of news

    Curtis J. Freeman, For Mining News|Updated Feb 24, 2008

    As is commonly the case in late January, an over abundance of news has come out in the last month, in part to coincide with year-end financial releases and in part to coincide with the annual Cordilleran Roundup mining convention in Vancouver. The news itself included an $819 million year-end 2007 profit at one Alaska mine, new gold resources of 32.8 million ounces for the state's largest gold deposit and the sale of 70 percent of another mine for a whopping $750 million. That doesn't count new resource estimates on two other...

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