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 288
Is it time for BC, Yukon, Alaska to forge an alliance to unlock critical mineral wealth, usher in new era of prosperity in the 21st century? The extremely mineral-rich geology that sweeps in a roughly 1,500-mile (2,600 kilometers) arc from the southern tip of British Columbia's Golden Triangle, through the Yukon, and onward to Alaska's west coast does not recognize the borders it spans. Likewise, the opportunities and challenges related to unlocking the precious, industrial, a...
As 2023 raced toward its final weeks, mining explorers working in Canada's northernmost territory wrapped up ambitious campaigns to identify new deposits of various lucrative minerals, ranging from cobalt to copper and gold to uranium. Both mineral production and exploration spending in Nunavut decreased in 2022 compared with the previous year's totals, and another drop is expected for 2023. Natural Resources Canada earlier projected a 28% decrease in planned spending for...
Northern Star Resources Ltd. Nov. 20 announced the discovery of Star, an emerging gold deposit about 1,300 meters southeast of the Leise and North zones that have contributed most of the 4.8 million ounces of gold that have been produced over the past 17 years at the Pogo Mine in Alaska. "Pogo drilling results continue to impress with near-mine opportunities underpinning the mine life and investment thesis for this operation," said Northern Star Resources Managing Director and...
Kenorland Minerals Ltd. Nov. 15 announced that its 2023 program in Alaska included 2,541 meters of drilling funded by Antofagasta Minerals at its Tanacross copper-gold-molybdenum project along the Yukon border in eastern Alaska, as well as geophysics on its Healy gold project in the Goodpaster Mining District. In April, Kenorland announced that Antofagasta Minerals, a subsidiary of Chilean copper miner Antofagasta PLC, budgeted US$3.8 million for the 2023 program at...
Klondike Gold Corp. Nov. 8 announced the results from the mapping, rock sampling and diamond drilling at the Gold Run target on the Klondike District property in Yukon, Canada, expanding the company's understanding of this early exploration-staged prospect. Located roughly 20 kilometers (12.5 miles) southeast of Dawson City, the Klondike District Gold Project covers 727 square kilometers (280 square miles) of the famed Yukon gold district. According to a 2022 calculation, two...
Navigating the tumultuous waters of controversy and impassioned discourse, let us take a step back and embark on a journey through the history of an Alaska copper project that has proven to be as divisive as it is essential. Perhaps by exploring the compelling narrative of the Pebble Mine project, where the pursuit of precious resources indispensable for a zero-carbon future intersects with the call for environmental stewardship to safeguard heritage and a very way of life,...
Northern Star Resources Ltd. Oct. 19 reported that its Pogo Mine in Alaska produced 61,817 ounces of gold during the third quarter of calendar year 2023. Over the first nine months of this year, Pogo poured 192,918 oz of gold, putting the company's only operation outside of Australia on pace to top 250,000 oz in 2023. Since completing an expansion of the Pogo mill to 1.3 million metric tons per year in 2022, Northern Star has been working to ramp up gold output at the...
Resolution Minerals Ltd. Aug. 21 announced that it staked a 114-square-mile land package in an area of Alaska prospective for nickel with associated copper, cobalt, and platinum group metals. Australia-based Resolution is best known in Alaska for its exploration of the 64North gold project near Northern Star Resources Ltd.'s Pogo mine. Over the past year, however, the company has also been acquiring and exploring projects that could offer future supplies of the metals needed...
Northern Star Resources Ltd. July 19 reported that its Pogo Mine in Alaska produced 81,322 ounces of gold during the second quarter of calendar year 2023, the highest quarterly output in recent years. "Pogo delivered an exceptional June quarter with gold sales of 80,000 ounces, representing an annualized production rate in excess of 300,000 ounces per annum," Northern Star Resources Managing Director and CEO Stuart Tonkin said during a call with investors and analysts....
Home to deposits and prospects enriched with 49 out of the 50 minerals deemed critical to the United States, Alaska is the single best state in the nation to explore for the minerals and metals needed for clean energy, electric vehicles, high-tech devices, and military hardware. To gain a better understanding of the 49th State's critical minerals potential, the U.S. Geological Survey is investing an additional $5.8 million to explore specific regions of the state in 2023....
Northern Star Resources Ltd. April 26 announced that an unscheduled shutdown to repair the ball mill motor at Pogo resulted in a drop in gold production and increase in the per-ounce production costs at the company's Alaska operation. When restarting the ball mill at the end of a routine mill shutdown in early March, the Pogo team discovered damage to the motor. At the time, Northern Star anticipated that it would take up to six weeks to make the repairs. In its quarterly...
To follow up on the success of its 2022 exploration at Kitsault Valley, Dolly Varden Silver Corp. is mobilizing five rigs to complete up to 45,000 meters of resource expansion and exploration drilling across this precious metals-rich project in Northern British Columbia. Located about 40 kilometers (25 miles) southeast of Stewart, BC, the 63-square-mile (163 square kilometers) Kitsault Valley project is an amalgamation of Dolly Varden's namesake project and the adjacent Homest...
Northern Star Resources Ltd. March 15 announced a roughly six-week shutdown for unscheduled repairs at its Pogo gold mine in Alaska. Toward the end of a routine mill shutdown that began last week, the Pogo team discovered damage to the ball mill motor, which tripped during restart. Work has begun on the ball mill motor, but Northern Star anticipates it will take up to six weeks to complete the repairs. Due to the extended downtime, the company expects gold output from the...
Millrock Resources Inc. Feb. 24 announced that Resolution Minerals Ltd. has now earned a 51% interest in 64 North and continued exploration of this gold project in Alaska's Goodpaster Mining District will be carried out under a joint venture between the two companies. 64North is a district-scale land package assembled by Millrock that consists of nine claim blocks – West Pogo, Shaw, Eagle, LMS-X, South Pogo, East Pogo, North Pogo, Last Chance and Divide – covering roughly 160...
More gold, strong zinc prices helped push value higher; critical minerals could add a boost moving forward. Alaska mines produced approximately $4.51 billion worth of nonfuel minerals last year, a 16% increase over the $3.89 billion in 2021, and an impressive 42.7% jump over the $3.16 billion of mined products during 2020, according to the U.S. Geological Survey's Mineral Commodity Summaries 2023 report. The rise in Alaska mine production value is largely due to increased...
Northern Star Resources Ltd. has increased both the capacity of its mill and the quantity of high-grade gold reserves to feed into the upgraded and expanded recovery circuit at the Australia-based miner's underground operation in Alaska. Going into 2022, the mill at Pogo had the capacity to process 1.3 million metric tons of ore per year, a 30% expansion from the 1-million-metric-ton-per-year capacity that Northern Star inherited with the 2019 purchase of the mine. With the...
Northern Star Resources Ltd. Jan. 19 reported a rebound in gold production and a drop in per-ounce production costs at its Pogo Mine in Alaska. During the fourth quarter of the calendar year 2022, Pogo produced 58,661 oz of gold from 316,996 metric tons of ore averaging 6.6 grams per metric tons gold. While the mill throughput during the final three months of 2022 was down slightly from the 319,433 metric tons processed during the third quarter, gold grades were roughly 8% hig...
Toward its foundational goal of being an ESG-focused gold exploration company that is a catalyst for economic development and improved social well-being in the areas where it works, Tectonic Metals Ltd. has built a strong partnership with Doyon Ltd., the Alaska Native corporation for the region of Alaska it is exploring for gold. The Doyon region blankets a mineral-rich swath of Alaska's Interior that is nearly the size of Texas. The Alaska Native corporation owns 12.5...
While a small group of dedicated explorers returned in 2022 to advance production and development projects in Nunavut, a growing number of newcomers fanned out across the northern territory in search of a variety of minerals. Some came seeking gold deposits like those being explored and mined by Agnico Eagle Mines Ltd., while others chased historical occurrences of newly designated critical metals, especially copper and certain base metals, now in high demand for...
Mining activity in Northwest Territories held steady in 2022 despite constraints imposed by the ongoing COVID-19 pandemic as a cadre of mainly junior mining companies took up the international challenge to seek out large deposits of critical minerals. Early in the year, government officials noted that industry interest in diamonds, gold, and especially critical minerals boded well for the NWT economy in the coming year. "An exciting new chapter is emerging for mining in the...
Northern Star Resources Ltd. Dec. 21 acquired a 10% interest in mineral exploration company PolarX Ltd. Both Australia-based companies have interests in Alaska – Northern Star owns and operates the high-grade Pogo gold mine, and PolarX is exploring the district-scale Alaska Range copper-gold-silver project about 100 miles (165 kilometers) southwest of Pogo. For Northern Star, Pogo Mine is the company's first operation outside of Australia. The major gold producer with a m...
Start with the biggest deposit of gold ever reported, add in a dash of remote, inaccessible jungles of Indonesia, and let simmer for almost a decade, and you have a recipe for the largest mining-related scandal in modern history, resulting in the system of standardization regarding mineral reporting for the last twenty years and ideally for many more years to come. It is easy to forget that the systems by which mining companies in Canada report and display information...
Resolution Minerals Ltd. Dec. 12 reported encouraging gold mineralization was encountered during its first pass of drilling at the Tourmaline Ridge target on the West Pogo block of the 64North gold project in Alaska. Tourmaline Ridge, which lies about 5,000 meters southwest of the main orebody at Northern Star Resources Ltd.'s Pogo gold mine, was identified as a high-priority drill target after a thorough re-interpretation of the geological and structural models for the area....
Northern Star Resources Ltd. Oct. 18 reported a drop in gold production and an increase in per-ounce costs at its Pogo Mine in Alaska. During the third quarter of 2022, Pogo produced 54,330 oz of gold from 319,433 metric tons of ore averaging 6.1 grams per metric tons gold. While the mill throughput was only down slightly from the 322,290 metric tons processed during the previous quarter, gold grades were nearly 23% lower than the 7.7 g/t gold ore produced during the previous...
Felix hits gold at Treasure Creek; Resolution awaits more assays from Tourmaline Ridge Australian mineral exploration companies have been busy this summer with drill programs targeting gold prospects on the Treasure Creek and 64North projects that Millrock Resources Inc. has generated in Alaska's Fairbanks and Goodpaster mining districts. Treasure Creek is one property that makes up an enormous land package that Millrock and Felix Gold Ltd. have accumulated in the Fairbanks...
