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 157
Trilogy Metals Inc. Oct. 5 announced the completion of the 2022 program at the Upper Kobuk Mineral Projects that included 10,739 meters of resource upgrade and geotechnical drilling at the Arctic mine project, and exploration drilling of targets across the wider property that covers much of the Ambler Mining District in Northwest Alaska. Ambler Metals LLC, a joint venture company equally owned by Trilogy and South32 Ltd., originally budgeted US$26.2 million to carry out...
Federal agency is accepting public input on second Ambler Road EIS until Nov. 4 After months of uncertainty, the United States Bureau of Land Management has provided some clarity to the plans to carry out further review of the Ambler Access Project – a proposed 211-mile road that would link Ambler Metals' Upper Kobuk Mineral Projects (UKMP) in Northwest Alaska to the Dalton Highway. BLM, the U.S. Army Corps of Engineers, and the National Park Service issued a joint record o...
Replacing this oft-maligned lithium-ion battery metal comes at a cost Traditionally a headline-grabbing metal due to the perceived human rights and monetary costs it adds to lithium-ion batteries and the electric vehicles they power, cobalt is being overshadowed by the enormous demand and price increases for the lithium and nickel that also go into the storage cells that deliver the "E" to the EV revolution. Cobalt, however, continues to be a vital ingredient that improves...
Chiefs from the Doyon region and village leaders from the NANA region came together for a meeting at Ambler Metals' Upper Kobuk Mineral Projects to gain a first-hand understanding of the mining proposed for the Ambler Mining District, as well as to discuss the economic benefits this resource development and a proposed road into the region could have on both the Alaska Native Claims Settlement Act (ANCSA) regions represented. "One of our core values is respect – for people, t...
Trilogy Metals Inc. June 8 provided details of the planned US$26.2 million exploration program slated for this year at the Upper Kobuk Mineral Projects in the Ambler Mining District of Northwest Alaska. Ambler Metals LLC, a joint venture company equally owned by Trilogy and South32 Ltd., has begun mobilizing equipment and crews for a summer field program that is expected to include at least 10,000 meters of diamond drilling, with additional meters contingent on drill...
Trilogy Metals Inc. April 20 reported that high-grade copper and zinc, reinforced with strong gold and silver, was cut in all the final nine holes from the 2021 drill program at the Arctic mine project in Northwest Alaska. Arctic is the most advanced deposit on the Upper Kobuk Mineral Projects, a 448,217-acre mineral-rich land package being advanced by Ambler Metals LLC, a joint venture company equally owned by Trilogy Metals and South32 Ltd. Arctic is a volcanogenic massive...
United States District Court Judge Sharon Gleason confirmed the U.S. Department of Interior's request to remand the previously issued federal permits for construction of the proposed 211-mile Ambler Access Project but ruled the permits will not be terminated altogether. Earlier this year, DOI requested a voluntary remand of the previously issued joint record of decision that authorized a right-of-way across federal lands for building the industrial-use-only road that would...
While hailing President Joe Biden's use of the Defense Production Act to bolster domestic production of critical lithium-ion battery minerals and metals as good news for the Far North State's mining sector, Alaska Gov. Mike Dunleavy says this move contradicts actions taken by the administration to reevaluate a road to the Ambler Mining District. "I fully support the President making the development of these minerals a priority in our nation's interest. But the Biden...
Trilogy Metals Inc. March 17 reported additional "outstanding but not unexpected" results from the 2021 infill drilling at the Arctic deposit on the Upper Kobuk Mineral Projects in Northwest Alaska. The company also provided a brief update on the U.S. Department of Interior's suspension of permits to build a road to the Ambler Mining District where UKMP is located. Being advanced by Ambler Metals LLC, a joint venture operating company equally owned by Trilogy and South32...
In a move criticized by a wide swath of Alaska policymakers and trade organizations, the Biden administration has filed a motion to reverse the federal authorizations for a proposed 211-mile road to the mineral-rich Ambler Mining District in Northwest Alaska. "You would think President Biden would want to improve access to American sources of copper and other strategic minerals that are needed in our combined efforts to increase renewables. Instead, actions like this only...
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...
Trilogy Metals Inc. Jan. 25 reported that the latest batch of assays from the infill drilling at Arctic continues to confirm that high copper and zinc grades are the rule and not the exception at this volcanogenic massive sulfide deposit at the Upper Kobuk Mineral Projects in Northwest Alaska. A 2020 feasibility study details plans for a financially robust mining operation at this world-class deposit that would produce 1.9 billion pounds of copper, 2.3 billion lb of zinc, 388...
Trilogy Metals Inc. Jan. 20 published an updated mineral resource estimate for Bornite that shines a spotlight on the very high copper and cobalt grades in the underground South Reef area of this world-class deposit on the Upper Kobuk Minerals Projects in the Ambler Mining District of Northwest Alaska. Located about 15 miles southwest of Arctic, the most advanced of the UKMP projects, Bornite is a large and high-grade deposit that hosts 6.3 billion pounds of copper and 88...
6 is shaping up to be a pivotal year for unlocking the world-class potential of the Ambler Mining District in Northwest Alaska. Toward realizing this potential, Ambler Metals LLC, a joint venture equally owned by Trilogy Metals Inc. and a subsidiary of South32 Ltd., has budgeted US$28.5 million for 2022. This program is slated to include drilling, engineering studies, and the initiation of permitting for Arctic, the first mine to be developed on its Upper Kobuk Mineral...
Building upon the golden success of its 2020 exploration, Freegold Ventures Ltd. struck more bonanza gold while expanding upon the multi-million-ounce Dolphin deposit with a more than 38,000-meter drill program carried out during the 2021 program at its road accessible Golden Summit project about 25 miles north of Fairbanks, Alaska. Prior to 2020, most of the drilling at Golden Summit focused on Dolphin, a deposit that hosts 61.5 million metric tons of indicated resource...
When Australia-based South32 Ltd. decided to expand its portfolio into the Northern Hemisphere, Alaska was its first stop. Under a deal struck with Trilogy Metals Inc. in 2017, the major agreed to invest more than US$175 million to earn a 50% joint venture interest in the massive Upper Kobuk Mineral Projects in Alaska's world-class Ambler Mining District. After investing more than US$30 million to fully understand the mineral potential at UKMP, South32 agreed to pay US$145 mil...
Goldman Sachs' declaration that "copper is the new oil" may serve as a foreshadowing of Alaska's economic future, one that is not so heavily reliant on the revenues from petroleum flowing from the North Slope and leans more heavily on the state's rich endowment of precious, critical, and base metals. The investment bank's suggestion that copper is to become the strategically most important commodity on Earth is due to the vital role the conductive metal plays in global...
With the Upper Kobuk Mineral Projects being advanced under a joint venture with South32 Ltd., Trilogy Metals Inc. has begun exploring for Arctic-type volcanogenic massive sulfide deposits on three properties it staked across the southern slopes of the Brooks Range in northern Alaska during 2021. "While Trilogy is focused on the oversight of our primary asset, the UKMP which is being managed by Ambler Metals LLC, the joint venture company equally owned by Trilogy Metals and Sou...
The Red Dog Mine has been a gamechanger for the more than 15,000 Iñupiat shareholders of NANA Corp., the Alaska Native Claims Settlement Act (ANCSA) regional corporation that owns the world-class Red Dog deposits in Northwest Alaska that are the source of nearly 5% of the world's new zinc supply each year. The revenues from shipping out more than 1 billion pounds of zinc annually, along with healthy portions of lead, silver, and minor amounts of germanium, have served as a...
Trilogy Metals Inc. Nov. 29 reported that one infill hole drilled this year at Arctic is the third-best intercept ever encountered at this high-grade volcanogenic massive sulfide deposit at the Upper Kobuk Mineral Projects in Northwest Alaska. "The 2021 drilling campaign confirms that the Arctic project has some of the highest grades of polymetallic mineralization in the world with copper-equivalent grades frequently in the double digits," said Trilogy Metals President and...
Trilogy Metals Inc. Nov. 22 reported that assay results from two holes drilled this year at the Upper Kobuk Mineral Projects in Northwest Alaska tapped high-grade mineralization beyond the current pit at the Arctic Mine project. A 2020 feasibility study for developing a mine at Arctic details a financially robust operation that would produce 1.9 billion pounds of copper, 2.3 billion lb of zinc, 388 million lb of lead, 386,000 ounces of gold, and 40.6 million oz of silver over...
Leveraging its expertise in exploring for Arctic-type volcanogenic massive sulfide deposits in the Ambler Mining District, Trilogy Metals Inc. exploring for similar high-grade polymetallic deposits on three groups of claims east and west of the Upper Kobuk Mineral Project in Northwest Alaska. Being advanced by a joint venture equally owned by Trilogy and South32 Ltd., UKMP is a 427,690-acre land package that includes state and patented claims covering a 75-mile-long stretch...
Alaska Gov. Mike Dunleavy highlighted the importance of cooperation between Alaska Native Claims Settlement Act (ANCSA) corporations and their shareholders, state organizations, and mining companies during a recent visit to the Ambler Mining District in Northwest Alaska. "Collaboration begins with trust," he said. "When we work together and develop our state's resources responsibly, we can achieve incredible outcomes for all Alaskans." Having spent nearly two decades as a...
While weather delays and a shortage of workers will likely prevent Ambler Metals LLC from achieving its targeted 14,600 meters of drilling at the Upper Kobuk Mineral Projects this year, the joint venture between Trilogy Metals Inc. and South32 Ltd. said this setback will not slow the permitting and development timeline for Arctic, expected to be the first mine developed in Northwest Alaska's Ambler Mining District. The reason for this is Ambler Metals prioritized the...
The envisioned green future where every North American is driving a battery-powered electric vehicle charged with renewable energy could be undermined by cobalt, a somewhat scarce and controversial metal that makes lithium-ion batteries better. "Cobalt is considered the highest material supply chain risk for electric vehicles in the short and medium term," the U.S. Department of Energy penned in an April report. This risk has automakers, lithium-ion battery manufacturers, and...
