The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 51 - 75 of 323
The Red Dog Mine has been a gamechanger for the more than 15,000 Iñupiat shareholders of NANA Corp., the Alaska Native Claims Settlement Act (ANCSA) regional corporation that owns the world-class Red Dog deposits in Northwest Alaska that are the source of nearly 5% of the world's new zinc supply each year. The revenues from shipping out more than 1 billion pounds of zinc annually, along with healthy portions of lead, silver, and minor amounts of germanium, have served as a... Full story
Calista Corp. and its more than 33,000 Yup'ik, Cup'ik, and Athabascan shareholders are on the cusp of realizing the benefits that will come with the sustainable development of a mine at the 45-million-ounce Donlin Gold project on their land in the Yukon-Kuskokwim region of Southwest Alaska. With 39 million oz of gold in measured and indicated resources that average 2.24 grams per metric ton, and another 6 million oz in the inferred category averaging 2.02 g/t gold, Donlin... Full story
Teck Resources Ltd. Oct. 27 reported that the Red Dog Mine produced 378,000 metric tons (833.3 million pounds) of zinc during the first months of 2021, a roughly 10% increase over the 344,600 metric tons (759.7 million lb) of the galvanizing metal produced at the midway point of 2020. Likewise, the Northwest Alaska mine produced 78,700 metric tons (173.5 million lb) of lead during the three quarters of 2021, an 11% increase over the 71,100 metric tons (156.7 million lb)...
Leveraging its expertise in exploring for Arctic-type volcanogenic massive sulfide deposits in the Ambler Mining District, Trilogy Metals Inc. exploring for similar high-grade polymetallic deposits on three groups of claims east and west of the Upper Kobuk Mineral Project in Northwest Alaska. Being advanced by a joint venture equally owned by Trilogy and South32 Ltd., UKMP is a 427,690-acre land package that includes state and patented claims covering a 75-mile-long stretch...
Alaska Gov. Mike Dunleavy highlighted the importance of cooperation between Alaska Native Claims Settlement Act (ANCSA) corporations and their shareholders, state organizations, and mining companies during a recent visit to the Ambler Mining District in Northwest Alaska. "Collaboration begins with trust," he said. "When we work together and develop our state's resources responsibly, we can achieve incredible outcomes for all Alaskans." Having spent nearly two decades as a...
Teck Resources Ltd. July 28 reported that the Red Dog Mine produced 260,000 metric tons (573.2 million pounds) of zinc during the first six months of 2021, more than a 22% increase over the 212,300 metric tons (468 million lb) of the galvanizing metal produced at the midway point of 2020. Likewise, the Northwest Alaska mine produced 54,300 metric tons (119.7 million lb) of lead during the first half of 2021, a 21% increase over the 44,800 metric tons (98.8 million lb)...
Ambler Metals LLC's US$27 million work program slated for the Upper Kobuk Mineral Projects in Northwest Alaska includes 14,600 meters of drilling directed at a wide variety of targets, from condemnation drilling where the company plans to build the processing plant and tailings facility at the Arctic Mine project to exploring for new deposits of carbonate-hosted copper-cobalt mineralization in the Cosmos Hills. Trilogy Metals Inc. and South32 Ltd., equal owners of the Ambler...
With a $13 million budget for predevelopment activities during 2021, a proposed road to the enormously metal-rich Ambler Mining District in Northwest Alaska takes another step closer to reality. This summer's work to prepare the proposed 211-mile industrial access road for a development decision will be funded equally by Ambler Metals LLC, which is working to develop the rich mineral potential at the road's terminus, and the Alaska Industrial Development and Export Authority,...
From a world-class graphite deposit in the Northwest to rare earths on the Southeast Panhandle, Alaska has the potential to offer a sustainable and secure supply to meet the coming explosive demand for the minerals and metals crucial to the renewable energy and electric vehicle sectors in North America and around the globe. International Finance Corporation, part of the World Bank Group, estimates that this shift to low-carbon energy and electric mobility will create nearly... Full story
Rhenium is exceptionally resistant to heat and wear, characteristics that make it a vital ingredient in superalloys used in jet and industrial gas turbine engines. "The high-temperature properties of rhenium allow turbine engines to be designed with finer tolerances and operate at temperatures higher than those of engines constructed with other materials," the United States Geological Survey penned in a fact sheet on the critical metal. "These properties allow prolonged engine... Full story
Mining and mineral exploration helped to bolster an Alaskan economy plagued by COVID-19 during 2020. According to a report prepared by the McKinley Research Group, a renowned Alaska-based research and consulting firm formerly known as McDowell Group, Alaska's mining industry injected roughly $2 billion into the Alaska economy last year. Commissioned by the Alaska Miners Association and Council of Alaska Producers, "The economic benefits of Alaska's mining industry" report... Full story
The U.S. Army Corps of Engineers does not subscribe to the idea that it is better for the residents of the Bristol Bay region of Southwest Alaska to have worked and lost than never to have worked at all. In its public interest review for the Pebble project, Army Corps determined that some Bristol Bay residents that become accustomed to increased income and lower living costs from developing Pebble may be forced to move out of the region or lower their standard of living after... Full story
North of 60 Mining News recently spoke with Ramzi Fawaz, president and CEO of Ambler Metals LLC, a 50-50 joint venture between South32 Ltd. and Trilogy Metals Inc. to develop the rich mineral resources at the Upper Kobuk Mineral Projects in Alaska. In a candid conversation, Fawaz talks about what attracted him to Ambler Metals; the company's Alaska-based team and partnerships; the strategy for developing Arctic Mine and the other rich metals deposits at the Upper Kobuk Mineral...
U.S. Bureau of Land Management, National Park Service, and the Alaska Industrial Development and Export Authority have signed documents that provide a 50-year right-of-way across federal lands for the Ambler Mining District Industrial Access Road. "This right-of-way is the culmination of years of research, planning, and collaboration," said AIDEA Executive Director Alan Weitzner. "The signing of this permit is a major milestone. It's the first step in a multi-year phase of...
Alaska Industrial Development and Export Authority Feb. 10 announced that its board has approved a long-term agreement with Ambler Metals LLC to share up to $70 million of the predevelopment costs for a proposed road to the Ambler Mining District in Northwest Alaska. "This is another example of AIDEA's role in establishing public-private partnerships supporting responsible development of Alaska's natural resources," said AIDEA Chairman Dana Pruhs. Such partnerships are the...
Strong metal prices and an infusion of cash from notable resource investors helped to salvage much of a 2020 mineral exploration season in Alaska that became lethargic with disruptions, delays, and shelving of field programs infected by the COVID-19 pandemic early in the year. At its onset, 2020 was looking like it would be the best year for Alaska's mining sector in a decade. Australia-based mining companies were slated to invest nearly US$100 million in mineral exploration... Full story
Investing capital and resources into keeping its mines operational in the midst of a global pandemic, Teck Resources Ltd. has scaled back on exploration during 2020. "These continue to be challenging times, as the world works its way through the COVID-19 pandemic," said Teck Resources President and CEO Don Lindsay. "Teck will remain focused on protecting our people and communities while continuing to operate responsibly and safely, to support the economic recovery in the wake... Full story
Whether it is the exponential growth in electric vehicles traveling global highways, the massive need for storing energy at solar and wind electrical generating facilities, or cutting the cords on our electronic devices, the world is becoming increasingly dependent on lithium-ion batteries. And this is driving up the demand for cobalt, a critical safety ingredient in the cathodes of these energy storage cells. "Globally, the leading use is in the manufacture of cathode materia... Full story
The United States is heavily dependent on China and other foreign suppliers for its barite, a mineral critical to the petroleum sector. Barite derives from barús, the Ancient Greek word for heavy, owing to an exceptionally high specific gravity for a non-metallic mineral. It is this weight that makes barite a key element to the oil and gas sector and lands the mineral on USGS' critical list. "More than 90% of the barite sold in the United States was used as a weighting agent... Full story
Teck Resources Ltd. Oct. 27 reported that water-related restrictions and unexpected repairs at Red Dog slowed zinc and lead production at this mine in Southwest Alaska during the third quarter. During the three months ending Sept. 30, the Red Dog Mine produced 123,300 metric tons (271.8 million pounds) of zinc, which is a 20% drop from the 153,100 metric tons (337.5 million lb) produced during the same period of 2019. Likewise, lead production during the third quarter of this...
A pitch to deep-pocketed investors about the potential to develop a world-class mine at the Pebble copper project in Alaska turned out to be a clandestinely videotaped sting operation that compromised the integrity of Pebble Limited Partnership CEO Tom Collier. A pair of operatives for the Environmental Investigation Agency, a United Kingdom-based environmental group, posed as representatives of a Hong Kong-based investment firm with links to a company owned by the Chinese... Full story
A feasibility study for developing a mine at the world-class Arctic deposit in Alaska's Ambler Mining District details a financially robust operation that would produce 1.9 billion pounds of copper, 2.3 billion lb of zinc, 388 million lb of lead, 386,000 ounces of gold, and 40.6 million oz of silver over an initial 12-year mine life. While high-grade volcanogenic massive sulfide deposits such as Arctic are typically mined from underground, the Arctic feasibility study details...
The COVID-19 pandemic has led NANA Corp. and its mining partners, Teck Resources Ltd. and Ambler Metals LLC, to adjust their mineral exploration and mine development plans in order to meet the ever-evolving health and safety mandates to keep shareholders, employees and residents of Northwest Alaska as safe as possible. "Although the pandemic was unexpected, learning to adapt is nothing new for the region and Iñupiaq people. For 40 years, NANA shareholders have supported... Full story
The U.S. Department of Interior issued two decisions that mark a major milestone along the path of permitting a road to the incredibly rich and strategically important Ambler Mining District in Northwest Alaska. On July 23, the Bureau of Land Management (BLM), with the U.S. Army Corps of Engineers, and the National Park Service (NPS) with the U.S. Federal Highway Administration, issued a record of decision that authorizes a right-of-way for the proposed 211-mile-long road...
Teck Resources Ltd. June 22 said COVID-19 and water challenges resulted in a significant decrease in the production of zinc and lead at its Red Dog Mine in Northwest Alaska. Red Dog produced 83,900 metric tons (185 million pounds) of zinc during the second quarter, which is a roughly 47% drop from the 158,000 metric tons (348.3 million lb) produced during the same period of 2019 and a 35% drop from the 128,400 metric tons (283.1 million lb) produced during the first three...
