The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 26 - 50 of 67
Miner fatality at Brucejack puts a hold on plans to ramp up Golden Triangle mining. Newcrest Mining Ltd.'s Red Chris and Brucejack mines in British Columbia's Golden Triangle produced 101,636 ounces of gold and 19.2 million pounds of copper during the third quarter of 2022. The precious and base metals output at the Australia-based company's two Northern BC operations, however, was overshadowed by an Oct. 22 fatality at Brucejack, the newest addition to Newcrest's portfolio....
While Golden Triangle is an apt and easily marketable moniker for northwest British Columbia's incredible mineral endowment, Tahltan Territory more accurately and thoroughly encapsulates the rich deposits of copper, gold, silver, nickel, platinum group elements, and other metals for which this region has gained international renown. Extending east from the Alaska border to the Cassiar Mountain range and north from the Nass and Skeena Rivers into the Yukon, the roughly...
Contributing 17,001 ounces of gold over the first 22 days after Newcrest Mining Ltd. acquired Brucejack Mine, this high-grade underground operation in British Columbia's prolific Golden Triangle is already bolstering the Australia-based company's bottom line. "In March 2022, we completed the Pretium acquisition, adding the world class Brucejack mine to our already exceptional asset portfolio, generating immediate gold production and cash flows this quarter," said Newcrest Mini...
Tahltan Central Government says Newmont Corp.'s plans to turn over properties to the Tahltan Nation for land use planning does not address all the concerns its people have about the gold mining company's plans for development on a large gold-copper project near the community of Iskut, British Columbia. "The Tahltan Central Government is clear to outside governments, industry and the world that working alongside the Tahltan Nation as true partners is a must. No exceptions,"...
Newmont Corp. March 30 announced plans to acquire several blocks of mineral exploration claims in British Columbia's Golden Triangle for the support of land use planning in the Tahltan Territory. The Tahltan-BC Land Use Plan, which is based on the recognition of Tahltan title and rights within the nation's 96,000-square-kilometer (37,000 square miles) territory in northwestern BC, is expected to be one of the key tools that will inform land use decisions under a new...
Tahltan Nation Development Corp. and Central Mountain Air Ltd. March 9 announced the finalization of a contract with Newcrest Mining Ltd. for air transportation of crews to and from the Red Chris copper-gold mine in British Columbia's Golden Triangle. "TNDC is honoured to join forces with Central Mountain Air to provide safe, reliable aviation services for this valued client," said Tahltan Nation Development Corp. CEO Paul Gruner. "This is another exciting opportunity for...
Brucejack Mine in British Columbia's Golden Triangle is expected to push Newcrest Mining Ltd.'s annual gold production north of 2 million ounces per year, and that does not include the likely production boosts that will be created by an optimization and expansion program being launched at the newest addition to the Australian miner's portfolio. On March 9, Newcrest's roughly US$2.8 billion acquisition of Pretium Resources Inc. was finalized, a milestone that is expected to...
In a move that will help ensure that the First Nations people and communities in British Columbia's Golden Triangle benefit from the rising mining activity in their incredibly mineral-rich traditional territory, Tahltan Nation Development Corp. has secured the rights to sell Sandvik mining equipment, parts, tools, and digital solutions in northwestern British Columbia and neighboring Yukon. "Sandvik's global reputation for safety, quality, performance, customer service...
British Columbia and the First Nation people in Canada's westernmost province are poised to benefit from the increased need for minerals to build a low-carbon future, according to a new economic impact study the Association for Mineral Exploration published in partnership with iTOTEM Analytics. "With demand for the minerals and metals we discover soaring to meet the needs of a low-carbon economy, we understand the acute importance of the critical role we play in achieving...
In a bid to add the Brucejack Mine to its operations in British Columbia's Golden Triangle, Newcrest Mining Ltd. has entered into an agreement to pay roughly C$3.5 billion (US$2.8 billion) to acquire Pretium Resources Inc. "We are delighted to be expanding our presence in this highly prospective region in British Columbia," said Newcrest Mining Managing Director Sandeep Biswas. "Brucejack is a tier one mine in a tier one jurisdiction and will deliver immediate production,...
Pretium Resources Inc.'s 2021 resource expansion and exploration drill program at Brucejack cut spectacular gold and silver grades, even for this Northern British Columbia project world-renowned for its bonanza-grade gold. So spectacular, in fact, that Newcrest Mining Ltd. paid roughly US$2.8 billion to acquire Pretium and its high-grade gold mine in BC's Golden Triangle. Going into 2021, the Valley of the Kings deposit at Brucejack hosted 11.5 million metric tons of proven...
With the completion of the buyout of GT Gold Corp., Newmont Corp. has bolstered its portfolio of copper and gold projects in Northern British Columbia and the Yukon. "With the acquisition of GT Gold and the Tatogga project in the highly sought-after Golden Triangle district of British Columbia, Canada, Newmont continues to strengthen our world-class portfolio," said Newmont President and CEO Tom Palmer. Newmont first grabbed a solid foothold in the Golden Triangle with the...
Despite a season challenged by heavy rains and an early snowstorm, the massive amount of exploration carried out in Northern British Columbia during 2021 piled loads of drill core and surface samples on assay labs already severely backlogged by COVID-19 protocols and restrictions that slowed the flow of samples in and data out of these facilities. Just how busy was the 2021 exploration season across the northern half of BC? According to North of 60 Mining News calculations,...
Newcrest Mining Ltd. and Imperial Metals Corp. Dec. 8 reported that drilling continues to cut zones of higher-grade gold and copper within wide sections of porphyry bulk tonnage mineralization at East Ridge, a resource expansion target at the Red Chris Mine in Northern British Columbia. According to a March resource calculation, Red Chris hosts 980 million metric tons of measured and indicated resource averaging 0.41 grams per metric ton (13 million oz) gold and 0.38% (3.7...
In a bid to add the Brucejack Mine to its operations in British Columbia's Golden Triangle, Newcrest Mining Ltd. has entered into an agreement to pay roughly C$3.5 billion (US$2.8 billion) to acquire Pretium Resources Inc. "We are delighted to be expanding our presence in this highly prospective region in British Columbia," said Newcrest Mining CEO Sandeep Biswas. "Brucejack is a tier one mine in a tier one jurisdiction and will deliver immediate production, free cash flow...
A block cave mine at the Red Chris project in British Columbia's Golden Triangle is forecast to produce 316,000 ounces of gold annually over the first six years at a cost of negative US$144/oz after accounting for the value of the 80,000 metric tons of copper also recovered each year, according to a prefeasibility study published by Newcrest Mining Ltd. on Oct. 11. The Australian miner says this engineering and economic study validates its belief that Red Chris is an ideal...
Newmont Corp. has laid down a US$311 million (C$393 million) cash offer to acquire full ownership of GT Gold Corp. and its Tatogga copper-gold-silver project in the traditional territory of the Tahltan Nation of northwest British Columbia. "We are excited to expand our world-class portfolio to include the Tatogga project in the Tahltan Territory located in the highly sought-after Golden Triangle district of British Columbia, Canada," said Newmont President and CEO Tom Palmer....
Newcrest Mining Ltd. and Imperial Metals Corp. July 22 reported that the Red Chris mine in Northern British Columbia produced 17.6 million pounds copper and 15,451 ounces gold during the second quarter, compared to 15.9 million lb of copper and 15,850 oz of gold during the first quarter. This nearly 11% increase in copper and nearly par gold production during the second quarter is the result of increased mill throughput and recoveries that was offset by lower head grades of...
From the Coast Mountains in the west to the lower parts of the Yukon's Boreal forest in the north, the Cassiar Mountain range in the east, and the headwaters of the Nass and Skeena Rivers in the south, an ancestral indigenous people known as Tahltans has called Northern British Columbia home for thousands of years. According to a 2003 sourcebook prepared by the Museum of Anthropology entitled "Mehodihi: Well-Known Traditions of Tahltan People," the Tahltan Nation, which...
Newcrest Mining Ltd. and Imperial Metals Corp. June 9 reported additional higher-grade mineralization in the newly discovered East Ridge zone at the Red Chris copper-gold mine in Northern British Columbia. Since Newcrest acquired a 70% interest in Red Chris in the fall of 2019, the joint venture partners have completed more than 136,631 meters of drilling at the project, much of which has tested discovery targets outside of the resource. According to the new Australian Joint...
With the completion of the buyout of GT Gold Corp., Newmont Corp. has bolstered its portfolio of copper-gold projects in British Columbia's Golden Triangle. "With the acquisition of GT Gold and the Tatogga project in the highly sought-after Golden Triangle district of British Columbia, Canada, Newmont continues to strengthen our world-class portfolio," said Newmont President and CEO Tom Palmer. Newmont first grabbed a solid foothold in the Golden Triangle with the 2018...
Alaska, Northern British Columbia, and the Yukon are home to a dozen advanced stage exploration and mine projects hosting billions of pounds of copper ready to deliver to a world demanding massive amounts of this conductive metal for the green energy and electric mobility transition envisioned over the next three decades. In its report, "Copper is the new oil," Goldman Sachs forecasts that the electrification of transportation and decarbonization of electrical generation...
The Tahltan First Nation has put mining and mineral exploration companies hoping to do business in northwestern British Columbia on notice – build respectful relationships with Tahltan governments and people or you will not be welcome in Tahltan Territory. This warning came in the form of an official notice from Tahltan Central Government, the administrative governing body for the Tahltan Nation, opposing any further operation by Doubleview Gold Corp. in Tahltan Territory. T...
Perenti Global Ltd. April 26 announced that its underground mining subsidiary, Barminco, has received a letter of intent from Newcrest Mining Ltd. for the development of a 3,500-meter underground exploration decline at the Red Chris copper-gold project in Northern British Columbia. Owned under a joint venture partnership between Newcrest (70%) and Imperial Metals Corp. (30%), the Red Chris Mine hosts 980 million metric tons of measured and indicated resource averaging 0.41...
The Red Chris Mine in Northern British Columbia now hosts 13 million ounces of gold and 3.7 million metric tons (8.16 billion pounds) of copper, according to a new resource calculated for Newcrest Mining Ltd. This marks the first resource calculation for Red Chris since Newcrest acquired a 70% ownership of the mine from Imperial Metals Corp. in August of 2019. Since gaining operational ownership, Newcrest has completed 109,177 meters of drilling in 92 holes at Red Chris....
