The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 26 - 36 of 36
Northway Resources Corp., a new company with two gold exploration properties in Alaska, Aug. 26 announced the completion of an initial public offering and listing on the TSX Venture Exchange. "We are very excited about closing this transaction and being listed as a new public company on the TSXV," said Northway Resources President and CEO Zach Flood. "Northway Resources was founded last year with the primary focus to explore for gold in Alaska." Northway is currently focused...
Millrock Resources Inc. July 29 announced that it has raised C$1 million to help fund exploration of its West Pogo gold project in the Goodpaster Mining District, as well as generate new properties and seek out partners to fund further exploration in Alaska. As a project generating mineral exploration company, Millrock has long been bullish on the potential of the Goodpaster, a gold mining district about 100 miles east of Fairbanks that hosts Northern Star Resource Ltd.'s...
In the famous words of Sherlock Holmes, the game is afoot! After seasonally slower news from Alaska's mining industry in March and April, the dam has broken with over two dozen Alaska mining project news releases issued in the last month. Including those projects moving forward that have not released their 2019 plans, Alaska has become a very busy place under the sun. All of our major metal mines reported strong performances in the first quarter, several of Alaska's most...
With at least five companies investing heavily in securing ground, acquiring royalties and drilling at and around the Pogo Mine, Goodpaster Mining District has emerged as the hottest destination for gold exploration in Alaska during 2019. The US$30 million to US$40 million Australia-based Northern Star Resources Ltd. is investing in exploration at its newly acquired Pogo Mine alone would be enough to make Goodpaster the most explored district in Alaska this year. "We've got 12...
Members of the Kaminak Gold Corp. executive team have reunited to form Tectonic Metals Corp., a private exploration company that has acquired three overlooked gold exploration properties in Alaska's Eastern Interior. While with Kaminak, this team advanced the Coffee project in the Yukon from a grassroots discovery to a roughly 5-million-ounce gold mine project that Goldcorp Inc. acquired in 2017 for C$520 million. Cashing in on Coffee, several of the Kaminak executives moved...
Thanks largely to increased investments from Aussie mining explorers, mineral exploration spending across Alaska topped US$100 million in 2018. This is well above the roughly US$95 million invested last year and nearly double the US$58 million spent at the bottom of the market in 2015. "Canadian and Australian companies continue to be the source for the bulk of funds spent in Alaska in 2018, together comprising well over 80 percent of the exploration expenditures earmarked...
Spring is in everyone's step in the Alaska mining industry even if spring is not quite yet in the air here in Alaska. Buoyant spirits are related to surprisingly buoyant metals prices and positive economic news from the U.S. economy. Plans for 2002 are in progress and fieldwork on some projects already is under way. Exploration activities for gold in 2002 appear to be on the rise compared to 2001 as is exploration for base metals. The professional begging (money raising) season is in full swing for junior and intermediate siz...
Results from the 2001 field season have begun to show up from around the state. At the same time, the number of rumors circulating via the Tundra Telegraph about results that have not been formally announced, has picked up. Fieldwork continues on a number of projects around the state but that early morning chill in the air is a harbinger of change in the near future. When the dust settles later this year, it will be clear that several new discoveries have been made in Alaska in 2001 and that several promising properties did...
As is always the case this time of year, many of the season's exploration and development programs are completed or nearing completion and the results of those programs are trickling in. In addition, second quarter 2001 operating results are in for Alaska's major mines, all of which are doing well despite depressed prices for all of the metals they produce. The state's most active areas include the Seward Peninsula, Interior Alaska and southeast Alaska. Here is what's going on. Western Alaska Cominco American's Red Dog mine...
Alaska's "winter that wasn't" is nearing its end and with it the mining industry is gearing up for another summer season. This season promises to see less intense activity in the gold exploration sector, more polymetallic and platinum group element exploration along with continued development activities at Red Dog, Greens Creek, Fort Knox and the Pogo project. To underscore this recent shift away from gold and into other metals, the Prospectors and Developers Association of Canada recently awarded its prestigious Prospector...
