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  • MINING NEWS update: Money not in short supply - people and equipment are

    Updated May 28, 2006

    The game is afoot! The last month has seen the start of a number of field programs in Alaska, marking the beginning of the traditional "field season" in the Great Land. With demand for metals remaining extraordinarily high, Alaska's mining industry is operating at capacity but well below demand. An acute shortage of drills and drillers, geologists and engineers and helicopters to move them all around is affecting exploration, development and production plans around the state. For the first time in my career, money is not in...

  • Miners sell industry to Alaska legislators

    Sarah Hurst, For Mining News|Updated Feb 26, 2006

    A report on the economic impact of Alaska's mining industry published in February provides a comprehensive look at the varied benefits mining brings to the state. The Alaska Miners Association commissioned the McDowell Group to prepare the report and distributed it to state legislators. Presentations to the Legislature by the AMA and the Alaska Minerals Commission in the same week emphasized the positive aspects of Alaska's mining resurgence and the importance of a stable tax regime. Much of the information in the McDowell...

  • Mining news update from Curt Freeman: 'When the pony runs, you ride'

    Curt Freeman|Updated Jan 29, 2006

    Metals high: Gold up 77% from January 2002, silver 94%, platinum 87%, copper 206%, nickel 429%, lead 174%, zinc 141% - exploration and development plans for Alaska focused on all of these metals in projects stretching from the Brooks Range to far southeastern Alaska, from the Alaska-Yukon border to the Seward Peninsula n a welcome respite from the madness of most of 2005, the last month has seen a slowing of information from companies and individuals exploring and developing A...

  • Mining news update from Curt Freeman: More discoveries on horizon

    Curt Freeman|Updated Nov 27, 2005

    Over the course of the last several months, a series of new gold and base metal discoveries have been made. Several of these new discoveries were reported in the last month and highlights of these and other activities were presented at the annual Alaska Miners Association convention in Anchorage in early November. The convention was one of the most exciting and up-beat events in nearly a decade. The new discoveries are a trend that, while long in coming, are an inevitable...

  • Mining news update from Curt Freeman: Discoveries reported, some properties rediscovered

    Curt Freeman|Updated Oct 30, 2005

    As expected, results from the summer field programs have begun to roll in from all over the state. Discoveries from base and precious metals properties were reported in September and several properties previously explored in the Carter administration were rediscovered and are turning out promising results. Metals prices remain robust with gold pushing the $475 per ounce mark. While Alaska's mining industry is still trying to catch its breath from this year, many companies...

  • Mining news update from Curt Freeman: Reports from summer work begin to trickle in

    Updated Sep 25, 2005

    As expected, news has begun to trickle in from projects being worked on across the state. Some of the news is good, some not so good and some makes one scratch the head and wonder what it all means. Two new corporations entered the Alaska exploration industry in August, a trend started late last year as metal prices began their climb to current levels. August also saw the start of several new programs on a wide range of projects spread from the Seward Peninsula to southern Southeastern Alaska. The tally of the good, the bad...

  • Mining news update from Curt Freeman: Alaska miners out in the field this summer

    Updated Aug 28, 2005

    I have had numerous people ask me the same question over and over again for the last month - "What's going on in Alaska; everyone is so quiet?" My response has been and remains the same - everyone is too busy breaking rocks, drilling holes or crushing ore to be bothered with new releases and grandiose public announcements. After all, it is high summer in the high north, a time of seasonal frenetic activity that makes the lot of us look and feel like a mouse in a habitat wheel! Despite the fact that a dozen or so companies...

  • Mining news update from Curt Freeman: Alaska mineral industry cooks this summer

    Updated Jul 24, 2005

    In case you have not heard, Alaska's mineral industry is cooking! Over the last month two new companies have acquired mineral properties in Alaska and most of the existing projects kicked off their summer programs in earnest. One of Alaska's major mining projects received its final permits to allow mine construction to begin and several others are conducting preliminary and final feasibility studies. Drilling rigs are scarce as hen's teeth and the helicopters to lift them and the people who run them are booked from now until...

  • Mining news update from Curt Freeman: Alaska one of best places to find raw metals

    Updated May 22, 2005

    The good news from Teryl, Kinross, Geoinformatics, Midas, Geocom and others is tempered by the loss of Alaska's gentleman scientist Ernie Wolff, who passed away on May 3; Liberty Star Gold appoints Phil St. George as VP of exploration s I write this summary of recent activities in Alaska's mining industry I am attending a once-every-five-year symposium in Reno put on by the Geological Society of Nevada. Some 1,500 attendees, mostly exploration geologists, are eagerly lapping up hours of new and previously unheard ideas on...

  • Alaska mining news update from Curt Freeman: Season looks to be busiest in 20 years

    Updated Apr 24, 2005

    On the cusp of what promises to be one of the busiest mineral exploration and development seasons in the last 20 years, the mineral industry is madly preparing its personnel and equipment all across the state. Despite the late season snows and unusually cool temperatures being experienced as this summary is being written, many of Alaska's exploration programs are either under way or will be sometime in early May. Competition for funds within and between companies remains fierce as projects in the U.S., Canada, Europe,...

  • Alaska mining news update from Curt Freeman: Investment up significantly for 2004

    Updated Mar 27, 2005

    The Alaska Division of Geological and Geophysical Surveys and the Department of Commerce and Economic Development have released their annual preliminary report on Alaska's mining industry for 2004. As expected, investment in all categories was up significantly over previous years. Exploration spending in 2004 was estimated at $63.7 million, up from $27.6 million in 2003. The 2004 expenditures were the highest in the state since 1981. Development expenditures jumped to $105.6 million vs. $39.2 million in 2003, thanks largely t...

  • No winter hiatus: 2005 Alaska plans advanced, some already in full swing

    Curt Freeman, Mining News Columnist|Updated Feb 27, 2005

    December, January and February are normally a time when the mining industry can stop and catch its collective breath, look into its often cloudy but well-used crystal ball and prepare for the coming year. Not so the last December, January and February! While 2004 results continued to pour in from projects large and small, plans for 2005 are well advanced and in some cases, already in full swing. Metals prices remained strong and even the most pessimistic prognosticators...

  • China, metals prices ignite stampede in Alaska

    Rose Ragsdale, Mining News Contributing Writer|Updated Dec 26, 2004

    What a difference a year makes ... along with a few things like rebounding metals prices, China's voracious appetite for minerals and investors' enduring love affair worldwide with gold. That's the assessment of Alaska officials after reviewing the state's annual report on mining industry activity in 2003, released in late October. The cumulative value of Alaska's mining industry in 2003 dipped slightly to $1.067 billion, down about $6 million from the $1.073 billion reported in 2002, according to the report, the 23rd in an...

  • Exploration efforts continue at record pace

    Curt Freeman, Mining News Columnist|Updated Oct 31, 2004

    Despite the fact that winter has arrived over much of Alaska, exploration efforts continued at record pace throughout the state in October. Late summer programs are now competing for people and drills with early winter programs in a number of areas, a problem not normally encountered in Alaska. In a further sign of the strength of the rebound in the metals markets, a number of companies are already tying up people, drills, camp equipment, analytical services and helicopter...

  • Quiet, but busy, August slips into history

    Curt Freeman, For North of 60 Mining News|Updated Sep 12, 2004

    In case you hadn't noticed, one of the busiest but quietest Augusts in the last 10 years just slipped into the pages of history. Mineral exploration, development and production maintained a low profile in just about every region of the state during August. Drills continued to turn and samples continued to stream in from programs searching for gold, silver, copper, lead, zinc, nickel, platinum and palladium. The hot spots continued to be the Iliamna District, the Goodpaster...

  • Freeman report: Four million acres of forest fires hit Alaska mining operations

    Curt Freeman, For North of 60 Mining News|Updated Aug 8, 2004

    One of the most bizarre summers in Alaska's recent history is in full swing and only the snows of winter will dampen things. I am speaking of course of the impact that Alaska's plus-4 million acres of wildfires have had on mineral exploration, development and operations in the central and eastern parts of the state. The fires came along with an unusually dry and warm summer for virtually all of the state. In addition to the usual problems of who's AWOL after the Fourth of...

  • Airborne surveys kick off MAN work

    Patricia Liles, Mining News Editor|Updated May 9, 2004

    A large portion of the 269-square mile MAN nickel, copper and PGE property on the south flank of the Alaska Range near Paxson, Alaska, will soon be assessed by proprietary geophysical technology used by Anglo American Exploration (Canada), a subsidiary of global mining giant Anglo American. Anglo signed a joint venture agreement in mid-March with the property's claim staker, Nevada Star Resource Corp., a Vancouver, British Columbia-based junior that has put together a substantial land position in the south Interior Alaska...

  • Alaska sees significant mining developments in March, says Freeman

    Curt Freeman, For North of 60 Mining News|Updated Apr 18, 2004

    Although the traditional Alaska field season has not really arrived yet, three significant developments occurred in March: Teck Cominco and Sumitomo Metal Mining received final permits for the Pogo gold project from the U.S. Environmental Protection Agency allowing construction to move ahead at flank speed, Anglo American acquired its first U.S. mineral property in years by signing a joint venture option on Nevada Star's MAN nickel-copper-platinum group element project and Nov...

  • New player Liberty Star Gold acquires largest single claim block in state's history

    Updated Feb 15, 2004

    As in past years, Canada's Fraser Institute (www.fraserinstitute.ca) has released the results of its annual mining investment attractiveness survey for 2003-2004. The survey represents responses from 132 junior mining companies and 27 senior mining companies who rated policy potential issues (regulatory and infrastructure), mineral potential and overall investment attractiveness in 53 political jurisdictions around the globe. The companies participating in the survey accounted for exploration budgets totaling US$642.4...

  • Alaska mining news summary

    Curt Freeman, PNA Contributing Columnist|Updated Mar 9, 2003

    Despite the drop in gold prices since a month ago, exploration activities in Alaska are picking up. Two drill programs have already kicked off in Interior Alaska and more are likely to be completed before the end of March. Contracts for drilling rigs, helicopters and experienced geologists are being finalized at a rate not seen here in half a decade. In addition, Alaska's new political administration is aggressively encouraging infrastructure development and making regulatory...

  • Alaska mining news summary: Gold prices take on new luster; exploration sector expects to see first year-on-year increase since '97

    Curt Freeman, PNA Columnist|Updated Jan 19, 2003

    Another year has come and gone and Alaska's mining industry continues to generate jobs for its citizens and raw materials for the world. Although base metal prices remain mired at low levels, gold and platinum have risen steadily over the last month with gold in particular taking on new luster as it broke the $350 per ounce mark for the first time in five years. Platinum has rebounded from earlier lows and is now flirting with $600 per ounce levels while its geological...

  • Alaska mining news summary: Mood is cautiously optimistic; modest upswing in spending likely in 2003

    Curt Freeman, PNA Columnist|Updated Dec 8, 2002

    As 2002 draws rapidly to a close, news of this year's mineral exploration, development and production efforts in Alaska continues to come out while plans for next year are being formulated in board rooms across North America. The political landscape at both the national and state levels changed drastically as a result of the Nov. 5 elections; however, the effects of these changes will not become evident for some time. Metals prices remain depressed for lead, zinc and...

  • Mining news summary: Final tally suggests exploration expenditures for 2002 will come in at about the same or slightly higher than 2001

    Curt Freeman, PNA Columnist|Updated Nov 17, 2002

    Information continues to trickle in from 2002 exploration programs around the state with the final tally suggesting exploration expenditures for 2002 will come in at about the same or slightly higher levels as in 2001. As is most years, a few major projects expend the majority of the funds while many smaller projects move either forward toward increased funding or backward to the project bone yard. The big spenders in 2002 will be Donlin Creek, Pebble and Pogo while properties...

  • Alaska mining news summary: As assay results are coming in from projects around the state, metals prices continue to rise or hold steady triggering expectations of higher budgets for 2003

    Curt Freeman|Updated Oct 6, 2002

    As the first snows of winter begin to fall around the state, more assay results are coming in and plans for next year are being formed. Metals prices continue to rise or hold steady and budgets for next year appear to be growing as a result. Several exploration projects remain in progress and are not likely to be completed before the end of October. By then we will have a good idea of how 2002 stacks up against previous year's exploration, development and production...

  • Alaska mining news summary: As the season reaches its peak and with metals prices on a slow rise, some properties show promise of turning into Alaska's next operating mine

    Updated Sep 8, 2002

    The Bureau of Labor Statistics indicates that mining is one of the nation's safest occupations with a lower rate of illness and injury per 100 employees, 4.7, than manufacturing, 9, and construction, 8.3, and grocery stores, 8, hotels, 6.9, and retail sales, 5.9 As is usually the case, the Alaska summer season reached its peak in activity in August. As is always the case, some properties show promise of turning into Alaska's next operating mine while others have their names quietly scribed on the scroll of the dead. Several...

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