The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 13 of 13
Following up on a banner 2023, G1 is accelerating its strategy to build a graphite supply chain in the U.S. Graphite One Inc. Jan. 2 provided a recap of a landmark year in 2023 that positions the company to accelerate its plans to establish an all-American graphite materials supply chain that will include a mine at the company's Graphite Creek project in western Alaska and an advanced graphite processing and recycling plant in Washington or somewhere else in the "Lower 48"...
From the $37.5M Pentagon grant to a $5M loan from an Alaskan gold mining company, domestic graphite supply chain plan is broadly backed. From the U.S. Department of Defense and policymakers in Washington, DC, to private Alaska companies and the governor of the 49th State, Graphite One Inc. is receiving broad support as it pushes to establish an all-American supply chain that begins in Alaska and ends in the lithium batteries powering electric vehicles, military hardware, and...
If you have watched the metals markets over the last month, you know why Alaska's mineral industry has surged, stalled, swerved, swooped, slowed, shelved and stuttered, sometimes all at the same time! Gold has gone above US$1,500 per ounce; copper pundits are predicting an increasingly dour future; zinc markets are looking to dive below $1.00 per pound; tin markets have marched strongly upward due to supply disruptions; and silver bulls are calling for annual worldwide...
Graphite One Inc. Sept. 9 announced it has secured the funding to finalize a prefeasibility study for its Graphite Creek project in western Alaska. Taiga Mining Company Inc., an Alaska-based company that is a major Graphite One shareholder, has agreed to loan Graphite One US$4.8 million for the advanced engineering and economic study for developing a graphite mine and processing facility. "In our current challenging capital markets, a commitment of US$4.8 million – which is ex...
As is usually the case this time of year, news about Alaska mineral activities is a bit sparse this month as planning activities are at flank speed ahead of next month's surge in field activities. That said, there has been a blizzard of mineral industry data released recently that has both direct and indirect applications to the Alaska mineral industry. First off, some internally generated data. Current public and private budget announcements suggest Alaska's exploration...
Graphite One Resources Inc. March 13 announced that it has received requisite approvals to change its name to Graphite One Inc. and consolidate its shares on a 10-to-1 basis. While developing Graphite Creek property in western Alaska is still a part of Graphite One's plans, the new name reflects Graphite One's transition to a technology and advanced materials manufacturing company that refines graphite mined at Graphite Creek into the materials needed for lithium-ion...
Graphite One Resources Inc. May 28 announced that it has raised C$2.1 million, which will help fund exploration and development of its Graphite Creek project north of Nome, Alaska, and for general working capital purposes. This non-brokered private placement financing involved the issuance of 30.62 million units at C7 cents each. Each unit consists of a Graphite One share and a transferable warrant that entitles the holder to purchase one company share for C12 cents for up to...
Graphite One Resources announced Inc. Dec. 29 that it has appointed noted Alaska placer gold miners Kevin Greenfield and Jerry Birch to its advisory board. Co-owners and senior executives of Taiga Mining Company, Greenfield and Birch each bring nearly three decades of developing, permitting and operating Alaska mining projects to Graphite One. In early December, Taiga Mining participated in a C$707,185 Graphite One financing, becoming a strategic investor in the owner of the Graphite Creek project in western Alaska....
The Goodpaster Mining District in Interior Alaska adds credence to the sourdough mining adage "gold is where you find it." Unlike the 8.3 million ounces of placer gold recovered from the Fairbanks Mining District to the west, 1.2 million oz from the Circle Mining District to the northwest or 20 million oz from Yukon's Klondike District to the east, the Goodpaster Mining District has thrown off a paltry 2,050 oz of placer aurum. Yet, Northern Star Resources Ltd.'s Pogo Mine in...
Putting Alaska on the map as a domestic source of rare earth elements and other strategic and critical minerals is a priority of Alaska Gov. Sean Parnell. During the 2012 budget cycle, Alaska lawmakers approved US$498,000 proposed by the administration to begin a statewide REE evaluation. This year's budget includes US$2.7 million for a three-year project to continue this initiative. "Alaska can become America's source for rare earth elements," Alaska Gov. Sean Parnell...
In the early days of exploration at a property near the small town of Delta Junction in Interior Alaska, a bunch of geologists who'd had a few too many beers began jumping up and down. They may have been jumping for joy, imagining a rich gold vein beneath their feet, or more likely they were jumping to keep warm, as this region is one of the coldest on the planet in winter. Someone nicknamed the strange dance the Pogo dance, and the name stuck. Today in the same spot, Pogo mine is producing its first gold bars, a joint ventur...
After seeing his daughter Lisa elected to the U.S. Senate, the first place Alaska Gov. Frank Murkowski headed to on Nov. 3 was the Alaska Miners Association convention in Anchorage. Perhaps because of his good mood, Gov. Murkowski promised to request a $700,000 addition to next year's budget for enhanced airborne geophysical surveys. In a speech to the convention two days later, Alaska Department of Natural Resources Commissioner Tom Irwin confirmed the state's enthusiasm for the mining industry. "Men and women of the Alaska...
Two Fairbanks-based exploration geologists trapped in a remote camp threatened by a huge wild-lands fire burning out of control in Alaska's Interior were rescued by a helicopter pilot dispatched from the Pogo construction camp. Shortly after their air extraction, the fire burned through the ridge-top camp, destroying eight camp structures and some equipment, Sam Dashevsky, head of Northern Associates Inc., told Mining News on July 8. His Fairbanks-based geological consulting firm was working out of the camp, first set up and...
