The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 151 - 175 of 204
Instead of putting up taller fences along the roughly 800-mile (1,300 kilometers) border between Alaska and British Columbia, the neighbors are building a larger negotiating table to work out concerns over the potential development of mines in Northwest B.C. watersheds that drain through Southeast Alaska. The framework for this increased cooperation was laid out in a memorandum of understanding signed by the neighbors Nov. 25. “British Columbia and Alaska share a lot of c...
The Red Chris copper-gold mine in northwestern British Columbia has received final approvals necessary for commercial operation, marking the sixth new mine to open in the western province since 2011. “This is a significant achievement made possible through a tremendous amount of collaboration between Imperial Metals Corp., the Tahltan Central Council and this government,” B.C. Minister of Energy and Mines Bill Bennett said June 19 while announcing full production at Red Chr...
Pretium Resources Inc. plans to begin mining the high-grade gold from the Valley of the Kings deposit of its Brucejack gold-silver project in northwestern British Columbia by 2017. The junior achieved two key permitting milestones - obtaining a provincial Environmental Assessment Certificate and a positive Environmental Assessment Decision Statement from the federal Minister of the Environment - in 2015. Once in production, a high-grade underground operation at Valley of the Kings is expected to produce 7.3 million ounces of...
Seabridge Gold Inc. Nov. 3 reported results from the final two of five holes drilled this year at the Deep Kerr deposit of its KSM copper-gold project in northwestern British Columbia. These holes, which were wedged off K-15-49 and K-15-50 into new intercepts of the target zone, are shallower intersections of the high-grade west limb of Deep Kerr and confirm the continuity of that zone between the existing resource and deeper intersections in holes drilled earlier this year....
Mineral and coal exploration spending in British Columbia has dropped nearly 30 percent a year since reaching a pinnacle of C$680 million in 2012, mirroring the downward trend seen during the same period in global exploration expenditures. Mineral-rich B. C., however, is preparing to take advantage of the next upswing in metals markets. In June, British Columbia Energy and Mines Minister Bill Bennett said the province will provide Geoscience BC with C$5 million in additional...
SEA: TSX / SA: NYSE Amex Chairman and CEO: Rudi Fronk President and COO: Jay Layman Senior VP, Exploration: William Threlkeld In recent years, Seabridge Gold Inc. has successfully targeted higher grade zones beneath KSM's near-surface porphyry deposits, resulting in the discovery of the Deep Kerr and Iron Cap Lower zones, two copper-rich deposits that have added nearly one billion metric tons of better grade material to project resources. In March, the company announced an inferred resource of 782 million metric tons grading...
British Columbia Energy and Mines Minister Bill Bennett spent the week of Aug. 23 working to build bonds with Southeast Alaskans worried about potential downstream effects of mining copper- and gold-rich deposits located in northwestern B.C. Bennett's visit comes one year after a tailings dam burst at the Mount Polley Mine in central British Columbia, sending a deluge of mining waste and untreated water into the surrounding watershed. While the spill did not affect Alaska...
Seabridge Gold Inc. Aug. 4 reported the completion of a pilot plant evaluation of a new process for the removal of selenium from waters at its KSM copper-gold project in northwestern British Columbia. Seabridge Gold Chairman and CEO Rudi Fronk said, "The results provide further evidence that KSM has been designed to operate in an environmentally responsible manner." The BC Environmental Assessment Certificate issued for KSM in July 2014 required completion of the pilot plant...
Seabridge Gold Inc. July 28 said initial results from the 2015 core drilling program at its KSM project in northwestern British Columbia points towards a sizeable expansion of the Mitchell deposit at depth, but further evaluation is needed prior to additional drilling. M-15-130, the first hole of the program, cut 174 meters of 0.55 grams per metric ton gold and 0.28 percent copper and M-15-131, drilled more than 200 meters to the northeast, cut 167 meters of 0.81 g/t gold and...
Seabridge Gold June 1 reported the start of drilling at its KSM copper-gold project in northwestern British Columbia. The primary goal of the program is to determine the potential for a high-grade core zone beneath the known Mitchell deposit. Over the past two years, Seabridge discovered Deep Kerr and the Iron Cap Lower Zone, core zones beneath two other near-surface targets at KSM. "Over the past two years, we have found nearly a billion tonnes of higher grade resources at...
Seabridge Gold Inc. May 12 said the 2015 exploration program at its KSM Project in northwestern British Columbia is planned to begin with drilling at the lower elevations of the Mitchell valley and then proceed to Kerr and Iron Cap. Over the past two years, Seabridge has targeted higher grade core zones beneath KSM's near surface porphyry deposits, resulting in the discovery of Deep Kerr and the Iron Cap Lower Zone, two copper-rich deposits that have added nearly one billion...
Alaska Lt. Gov. Byron Mallott spent this week getting a firsthand look at trans-boundary water issues from the British Columbia side of the border, where a number of mines are being proposed on water systems that feed rivers that run through Southeast Alaska. "These rivers are key to Southeast Alaska's way of life, including Native cultures, community economies, recreation and subsistence, and, of course, its profitable seafood and tourism industries that employ thousands of...
Seabridge Gold Inc. April 7 reported completion of a C$16.73 million bought-deal financing. A total of 1.61 million flow-through common shares were sold at a price of C$10.17 per share. Seabridge will use the proceeds from this financing to fund its 2015 exploration program at the KSM copper-gold project in northwestern British Columbia. "We expect this year's program to once again generate additional gold resources which more than offset the share dilution involved. Growing...
Seabridge Gold March 25 reported an inaugural inferred resource of 164 million metric tons grading 0.59 grams per metric ton (3.1 million ounces) gold and 0.27 percent (961 million pounds) copper for the Iron Cap Lower Zone at its KSM copper-gold project in northwestern British Columbia. The grade of this core zone is significantly higher than the Iron Cap resource which lies above. Core zones are the deeper focused parts of porphyry deposits characterized by higher flow of...
From Washington D.C. and Ottawa to Juneau and Victoria, Alaska officials are engaging their Canadian counterparts about new generation of northwestern British Columbia mines that could potentially be built upstream of Southeast Alaska. This possible development of a number of copper, gold and other metal mines in Canada's westernmost province has troubled conservationists, fisherman and others in Southeast Alaska for years. The August 2014 tailings dam collapse at the Mount Po...
Seabridge Gold March 23 reported significant growth of the mineral resource for the Deep Kerr copper-gold deposit at its KSM Project in northwestern British Columbia. Based on roughly 50,000 meters of drilling in 45 holes drilled since 2012, Deep Kerr has an inferred resource of 782 million metric tons grading 0.54 percent (9.3 billion pounds) copper and 0.33 grams per metric tons (8.2 million ounces) gold. Deep Kerr was treated as a block cave (bulk underground) mining target...
A design flaw resulting from an inadequate understanding of the glacial lake sediments that formed a portion of the foundation on which the tailings dam at the Mount Polley mine located in south-central British Columbia was built caused the structure to collapse under its own weight, according to engineers tasked with finding out why the dam burst on Aug. 4. Mount Polley is an open pit copper-gold mine with a developing underground project. "The design did not take into...
British Columbia Premier Christy Clark Jan. 26 unveiled C$9 million in new funding to support mining in the province. Clark said the funds will establish a Major Mines Permitting Office to improve coordination of major mine permits across government, add staff to conduct more inspections and permit reviews, and maintain improved turnaround times for notice of work permits. The base budget of the ministry will be increased by about C$6 million, including a portion to make...
To further strengthen neighborly bonds, British Columbia Minister of Mines Bill Bennett met with miners, fishermen, legislators and state regulators during an early November trip to Alaska. "I hope, and I believe, that we will be able to continue to work closely with Alaska on all of the issues that we share," Bennett said during a Nov. 5 presentation at the Alaska Miners Association 2014 Convention. These shared issues are part and parcel of a common border that stretches...
Mineral and coal exploration in British Columbia, which peaked at C$680 million in 2012, retreated to roughly C$476 million in 2013. This drop is on par with the roughly 30 percent decrease in exploration expenditures worldwide. The dynamics that led to the decrease - tight capital markets that continue to challenge the ability of junior explorers to raise money, senior miners keeping tight reins on exploration spending and softer gold prices - have remained in play during...
Over the past decade, Seabridge Gold Inc. has outlined 9.9 billion pounds of copper and 38.2 million ounces of gold in reserves at its Kerr-Sulphurets-Mitchell project in northwestern British Columbia. While the gold reserves are the largest for any yet to be developed project on Earth and the copper reserves are themselves of world-class status, Seabridge believes that the results of exploration in 2014 could surpass all previous years of drilling at the project more...
PVG: TSX President and CEO: Robert Quartermain Chief Development Officer: Joseph Ovsenek, Chief Exploration Officer: Kenneth McNaughton Pretium Resources Inc. is focused on reaching commercial production at its high-grade Brucejack gold-silver project by 2016. Located 65 kilometers (40 miles) north-northwest of Stewart, B.C is part of a largely unexplored land package of more than 103,000 hectares (254,518 acres). The Valley of the Kings deposit at Brucejack contains 15.3 million metric tons of measured and indicated...
Results from water sampling show that the immediate environmental impacts of an estimated 14.5 million cubic meters of tailings and water released from a facility at Imperial Metals Corp.'s Mount Polley Mine in central British Columbia are isolated primarily to the area immediately below the breached dam. But the extent of the spill's longer term damage to the reputation of the mining sector in B.C. and beyond rests largely on the response of industry and regulators. Leading...
With 9.9 billion pounds of copper and 38.2 million ounces of gold in reserves, a provincial environmental certificate in-hand and federal approvals pending, Seabridge Gold is in the final stages of gathering all of the components needed to develop a mine at its Kerr-Sulphurets-Mitchell project in northwestern British Columbia. Attracting a partner of the same world-class caliber as the deposits that make up the project simply known as KSM and getting that final stamp of...
Market-defying mineral exploration grabbed the spotlight in British Columbia throughout 2013, despite the doldrums that appeared to set in north of the 60th parallel. "British Columbia is blessed with an abundant supply of the resources the world needs and the most innovative mining and exploration sectors," British Columbia Premier Christy Clark touted the phenomenon at the 2013 Mineral Exploration Roundup in January. Still, Clark told the crowd that she doubted B.C. exploration could top the record C$462 million spent in...
