The mining newspaper for Alaska and Canada's North
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Vancouver-based Northern Dynasty, whose sole asset is the Pebble project in southwest Alaska, is the only junior mining company to remain in the top five on the TSX Venture Exchange or TSX-V by market capitalization for two years straight. The company's market capitalization was C$326.5 million in 2005, making it the fourth-largest in its sector, and C$657.4 million in 2006, making it the third-largest. These and other achievements by Canadian companies are highlighted in a report called Junior Mine by Pri...
Exploration spending in British Columbia hit a record high of C$265 million in 2006, a figure that the province's mining minister, Bill Bennett was proud to announce at the recent Mineral Exploration Roundup in Vancouver. Unfortunately for Bennett, he probably won't be invited to boast about the industry's successes next year, since he was forced to resign in early February after sending an obscenity-laced email to a gun club member. "British Columbians want good jobs, and they also, frankly, want the tax revenues that come... Full story
Gold exploration is being fired up in British Columbia and Canada's three northern territories, rekindled by improved metal prices. "The industry is finally coming back," declared Dan Jepsen, executive director of the British Columbia and Yukon Chamber of Mines. The British Columbia Ministry of Energy and Mines is counting on exploration doubling last year's spending of C$55 million, helped by the provincial government's efforts to reduce bureaucratic delays and introduce tax incentives for mining investments. Optimism has... Full story
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... Full story