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 451
With intercepts such as 19 meters averaging 18.23 grams per metric ton gold, the final batch of drill results from the 2021 program at Donlin Gold continue to show the strength of mineralization of the 39-million-ounce gold deposit and set the stage for the largest program at the world-class mine project in more than a decade. Being advanced toward a production decision by Donlin Gold LLC – a joint venture owned equally by Novagold Resources Inc. and Barrick Gold Corp. – thi...
While copper has the potential to be a major contributor to Alaska's economic future, this "new oil" of the low-carbon economy will be hard-pressed to beat out the old money being produced at current and coming gold mines across the Last Frontier. This is due in large part to Kinross Gold Corp.'s new "Kinross Alaska" strategy that is leveraging the underutilized 14-million-metric-ton-per-year mill and storage capacity at Fort Knox to process higher-grade ore mined from...
The Alaska Industrial Development and Export Authority and Ambler Metals LLC have agreed to equally fund $30.8 million for a 2022 field program to advance the Ambler Access Project, a proposed 211-mile road that serves as an Alaskan epitome of connecting the aspirations of a low-carbon future with the large volumes of minerals and metals required to build the electric vehicles and renewable energy infrastructure that will make the green energy future a reality. The World Bank...
Following the completion of a robust 2021 program that culminated in a decision to move forward with updating the feasibility study for developing a mine at Donlin Gold, Novagold Resources Inc. announced that the project partners have approved a $60 million budget for the 2022 program at this world-class gold project in Southwest Alaska. "While 2021 was an exceptional year and represents yet another positive turning point for Novagold and for the Donlin Gold project, 2022...
Western Alaska Minerals Corp. Jan. 18 reported additional high-grade silver-zinc-lead intercepts from 2021 drilling at the Waterpump Creek carbonate replacement deposit on the company's Illinois Creek project in western Alaska. The more than 49,000-acre Illinois Creek Mining District property is home to the past-producing Illinois Creek Mine; Waterpump; about four miles northeast of the Illinois Creek open pit; Honker, a high-grade gold target about six miles north of the...
As a milestone toward achieving its mission to unlock the vast precious and base metals potential across its 35,520-acre Illinois Creek Mining District property, Western Alaska Copper & Gold successfully listed on the TSX Venture Exchange last November. Western Alaska Minerals Corp., the new name for the exploration company with a decade of success as a private explorer, gained its TSX.V listing via a reverse takeover merger with the already listed 1246779 B.C. Ltd. Prior to t...
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...
Donlin Gold LLC partners Novagold Resources Inc. and Barrick Gold Corp. completed a roughly 24,200-meter drill program during 2021 that will likely provide the final data needed for an optimized plan for a mine at the world-class gold project in Southwest Alaska. With 504.81 million metric tons of proven and probable reserves averaging 2.09 grams per metric ton (33.9 million oz) gold, the Donlin Gold deposit is already particularly high-grade when you consider its magnitude. O...
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,...
Home of the famed golden beaches of Nome that has captured the imagination of millions over the past 120 years, the Bering Straits Native Corporation (BSNC) region covers the Seward Peninsula and coastal lands arcing around the eastern and southern coast of the Norton Sound in the far western reaches of Alaska. While this region may be 300 miles beyond North America's highway system, it has served as a crossroads for human activity for at least 15 millennia and will continue...
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...
Impressed by the wide sections of high-grade gold encountered by drilling and encouraged by positive input from Alaska stakeholders and regulators, top executives at Barrick Gold Corp. and Novagold Resources Inc. have decided to advance the world-class Donlin Gold project up the value chain. This decision to update the feasibility study for developing a mine at the 39-million-ounce Donlin Gold project follows September workshops that included Barrick and Novagold executive...
Valhalla Metals Inc., a privately held junior mining company focused on the exploration of the Sun and Smucker properties in Alaska's Ambler Mining District, may soon have easier access to funding through a merger with SolidusGold Inc., a company listed on the TSX Venture Exchange. Under a tentative agreement announced on Nov. 29, Solidus would acquire Valhalla through an exchange of shares that would result in current Valhalla shareholders owning 80% of the resulting company...
After more than a decade of advancing multiple precious and base metals deposits and targets across its more than 49,000-acre Illinois Creek Mining District property as a private company, Western Alaska Copper & Gold is now a public junior explorer listed on the TSX Venture Exchange. Western Alaska Minerals Corp., the new name for the mineral exploration company, became listed on the TSX.V on Nov. 15 through a reverse takeover merger with the already listed 1246779 B.C. Ltd....
Building upon a strong relationship it has made with Doyon Ltd., Tectonic Metals Inc. has entered into an agreement to lease the Flat gold project owned by the Alaska Native Claims Settlement Act regional corporation. Located about 25 miles north of the Donlin Gold project being advanced under a joint venture between Barrick Gold Corp. and Novagold Resources Inc., the 92,160-acre Flat property hosts intrusive-hosted, sheeted quartz vein gold mineralization similar to that...
With grades as high as 42.2 g/t gold over 5.74 meters, this year's drilling at Donlin Gold continues to tap fantastic zones of mineralization within this 39-million-ounce gold deposit in the Yukon-Kuskokwim region of Southwest Alaska. "As with last year's program, drilling has delivered multiple examples of outstanding gold intercepts," said Novagold Resources Inc. President and CEO Greg Lang. Being carried out by Donlin Gold LLC, a joint venture partnership owned equally by...
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....
Donlin Gold LLC partners Novagold Resources Inc. and Barrick Gold Corp. are more than 8,650 meters into a 20,000-meter drill program that will likely provide the final data needed for an optimized plan for a mine at the 39-million-ounce gold project in Southwest Alaska. "After the 2021 drill season, we anticipate that, on the completion of the updated geologic model and, subject to a formal decision by the Donlin Gold LLC Board, we will turn our attention to the upcoming...
Alaska's Department of Environmental Conservation has upheld a certification of reasonable assurance that the proposed Donlin Gold Mine in western Alaska will comply with the state's water quality standards. Donlin Gold LLC – a joint venture partnership owned equally by Barrick Gold Corp. and Novagold Resources Inc. – applied for the federal permits to develop a mine at the 39-million-ounce Donlin Gold deposit in 2012. Following a six-year permitting process under the Nat...
The ultimate goal for most junior exploration companies is to discover and advance a mineral deposit to the point that it is large and rich enough to attract the attention of a major mining company to swoop in and nab a stake through an investment in the project or even an outright buyout of the junior. Sometimes, if the global market conditions are right and the project shows enough promise, majors will invest in a project long before an economically viable mining project...
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...
With the final assay results now in, Donlin Gold LLC partners Barrick Gold Corp. and Novagold Resources Inc.'s 2020 drill program exceeded the high geological bar set for their 39-million-ounce gold project in Southwest Alaska while also meeting an even higher standard for safety. "By far, our most important objective in 2020 was to protect the health and safety of our workforce, contractors, and the residents of the Yukon-Kuskokwim region," said Donlin Gold General Manager...
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...
Administrative Law Judge Kent Sullivan from the Alaska Office of Administrative Hearings has proposed that there is no "reasonable assurance" that the Donlin Gold Mine in western Alaska will comply with Alaska's water quality standards. As part of the larger permitting process, the Alaska Department of Environmental Conservation's Division of Water issued a certificate concluding that there is reasonable assurance that the proposed mine at Donlin will comply with the applicabl...
Donlin Gold LLC, Calista Corp. and The Kuskokwim Corporation are seeking the perspectives and local knowledge of people living in the Yukon-Kuskokwim region when it comes to subsistence and the proposed Donlin Gold Mine project. Calista, the Alaska Native Claims Settlement Act regional corporation for the Yukon-Kuskokwim area of Southwest Alaska, owns the subsurface rights at Donlin, and TKC, the ANCSA village corporation that owns the surface lands covering the...
