The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 101 - 125 of 615
A preliminary economic assessment prepared for Copper Fox Metals Inc. outlines a slightly new vision for developing a mine at Schaft Creek, a large copper-gold-silver-molybdenum project being advanced under a joint venture between Teck Resources Ltd. (75%) and Copper Fox (25%). Located within the traditional territory of the Tahltan First Nation in northwestern British Columbia, Schaft Creek hosts 1.35 billion metric tons of measured and indicated resources averaging 0.26%...
Teck Resources Ltd. Oct. 27 reported that the Red Dog Mine produced 378,000 metric tons (833.3 million pounds) of zinc during the first months of 2021, a roughly 10% increase over the 344,600 metric tons (759.7 million lb) of the galvanizing metal produced at the midway point of 2020. Likewise, the Northwest Alaska mine produced 78,700 metric tons (173.5 million lb) of lead during the three quarters of 2021, an 11% increase over the 71,100 metric tons (156.7 million lb)...
Drill results from mineral exploration programs in Canada's Yukon Territory this year are beginning to roll in as numerous companies wind down 2021 field operations in what some describe as one of the busiest mining seasons in years. Coming on the heels of an eight-year capital market down-cycle, plus a 2020 season burdened with operating restrictions due to the COVID-19 pandemic, the current season is bringing more upbeat challenges to Canada's Far North typically associated...
Enduro Metals Corp. Oct. 18 announced the discovery of a new porphyry copper-gold system at Burgundy Ridge on the company's 654-square-kilometer (253 square miles) Newmont Lake project in British Columbia's Golden Triangle. Several shallow holes completed during a first-pass drill program at Burgundy Ridge during 2019 cut mineralization, including one hole that cut 91 meters averaging 0.38% copper and 0.3 grams per metric ton gold from a depth of 36 meters. Following up on...
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...
From the transistors in quantum computers that are millions of times faster than their classical counterparts to fiber optic cables that send data at the speed of light, germanium is a little-known semiconductor that is a small but extremely important ingredient in the technologies behind the future of ultrafast computing and communications. Germanium traces its technological roots back to the 1950s, when scientists developed the transistor to replace vacuum tubes in the...
The ability to type, tap, swipe, and scroll your way through articles such as this one from a smartphone, tablet, computer, and now even refrigerators is made possible by indium-tin oxide, which is used as a transparent conducting film applied to virtually every flat-panel display and touchscreen on the market. This thin and invisible layer lying just under the glass senses incoming electrical data triggered by the touch of your fingertip and transforms it into an optical...
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....
Fireweed Zinc Ltd. July 27 reported wide zones of mineralization have been encountered in the first three holes drilled this year at the Boundary West discovery on the company's Macmillan Pass zinc-lead-silver project in eastern Yukon, Canada. A road-accessible project next to the Northwest Territories border, the 940-square-kilometer (363 square miles) Macmillan Pass property blankets a roughly 55-kilometer- (34 miles) trend of potential zinc-lead-silver mineralization. Two...
Teck Resources Ltd. July 28 reported that the Red Dog Mine produced 260,000 metric tons (573.2 million pounds) of zinc during the first six months of 2021, more than a 22% increase over the 212,300 metric tons (468 million lb) of the galvanizing metal produced at the midway point of 2020. Likewise, the Northwest Alaska mine produced 54,300 metric tons (119.7 million lb) of lead during the first half of 2021, a 21% increase over the 44,800 metric tons (98.8 million lb)...
Solitario Zinc Corp. July 8 reported that an exploration program led by Teck Resources Ltd. is now underway at Lik, a high-grade zinc project about 14 miles northwest of Teck's Red Dog Mine in Northwest Alaska. Solitario acquired a 50% interest in Lik through the buyout of Zazu Metals Corp. in 2017. Teck owns the other half of the joint venture property. The jointly funded 2021 program at Lik is slated to include geochemical sampling, induced polarization geophysics, and at...
From the Coast Mountains in the west to the lower parts of the Yukon's Boreal forest in the north, the Cassiar Mountain range in the east, and the headwaters of the Nass and Skeena Rivers in the south, an ancestral indigenous people known as Tahltans has called Northern British Columbia home for thousands of years. According to a 2003 sourcebook prepared by the Museum of Anthropology entitled "Mehodihi: Well-Known Traditions of Tahltan People," the Tahltan Nation, which...
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...
Osisko Metals Inc. April 26 announced it cut 32 meters averaging 20.28% zinc and 12.02% lead in the X25 deposit at its Pine Point project in Northwest Territories. Situated 42 kilometers (26 miles) east of the town of Hay River, Pine Point is home to a former mine operated by Cominco (now Teck Resources) that produced roughly 14 billion lb of zinc and 4 billion lb of lead from around 64 million metric tons of ore during a roughly 24-year span beginning in 1964. Osisko is...
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...
Two mining companies with operations in Alaska and northern Canada, Agnico Eagle Mines Ltd. and Teck Resources Ltd., landed on the Corporate Knights list of 2021 Global 100 Sustainable Corporations, an index of the most sustainable corporations in the world. With an overall score of 60.6%, Agnico Eagle placed 73rd, making it the top-ranked mining company appearing on Corporate Knight's 2021 Global 100 list. "We are extremely proud to be recognized as one of the world's 100...
Copper Fox Metals Inc. March 22 published an updated resource estimate for Schaft Creek, a large porphyry copper-gold-silver-molybdenum project advanced under a joint venture between Teck Resources Ltd. (75%) and Copper Fox (25%). According to the new calculation, Schaft Creek hosts 1.35 billion metric tons of measured and indicated resources averaging 0.26% (7.76 billion pounds) copper, 0.17 grams per metric ton (7 million ounces) gold, 1.25 g/t (54.3 million oz) silver, and...
From a world-class graphite deposit in the Northwest to rare earths on the Southeast Panhandle, Alaska has the potential to offer a sustainable and secure supply to meet the coming explosive demand for the minerals and metals crucial to the renewable energy and electric vehicle sectors in North America and around the globe. International Finance Corporation, part of the World Bank Group, estimates that this shift to low-carbon energy and electric mobility will create nearly...
Millrock Resources Inc. Feb. 13 announced that it has expanded its Fairbanks Mining District gold properties and its partner Felix Gold Ltd. has added David Larimer to lead the exploration of the growing portfolio in Interior Alaska. In January, Millrock announced it had vended its Fairbanks area properties to Felix Gold Ltd. and would be working with this newly formed Australian mineral exploration company to expand upon and advance exploration on these Interior Alaska gold...
Copper Fox Metals Inc. March 3 announced plans for a C$3.4 million 2021 program for Schaft Creek that is slated to include a 4,000-meter metallurgical and geotechnical drill program at this advanced copper-gold-molybdenum-silver project in British Columbia's Golden Triangle. "The proposed 2021 program is focused on confirming value add opportunities identified over the past two years at Schaft Creek," said Copper Fox Metals President and CEO Elmer Stewart. "The work plan...
Mining and mineral exploration helped to bolster an Alaskan economy plagued by COVID-19 during 2020. According to a report prepared by the McKinley Research Group, a renowned Alaska-based research and consulting firm formerly known as McDowell Group, Alaska's mining industry injected roughly $2 billion into the Alaska economy last year. Commissioned by the Alaska Miners Association and Council of Alaska Producers, "The economic benefits of Alaska's mining industry" report...
ZincX Resources Corp. Feb. 24 reports that a district-wide evaluation of its Kechika regional zinc properties has identified 19 high-priority targets across this expansive land package that covers a 140-kilometer- (87 miles) long stretch of the Kechika Trough in northern British Columbia. The Kechika regional project encompasses 11 properties that stretch northwest from Akie – (from south to north) Pie, Cirque East, Yuen, Yuen North, Mt. Alcock, Kwad, Weiss, Bear-Spa, D...
Like nearly every other aspect of human existence, the COVID-19 pandemic has fundamentally changed the mineral exploration industry in Canada and Alaska. The Association for Mineral Exploration British Columbia embraced this change with the first ever AME Remote Roundup, a virtual rendition of the long-lived mineral exploration convention that traditionally brings thousands of people to Vancouver, British Columbia at the onset of each year. "This is one of the first meeting...
Teck Resources Ltd. Feb. 18 reported that the Red Dog Mine produced 490,700 metric tons (1.08 billion pounds) of zinc during 2020, a roughly 11% drop from the 552,400 metric tons (1.22 billion lb) of the galvanizing metal produced in 2019. Lead production at the Northwest Alaska operation was also down slightly from the 102,800 metric tons (226.6 million lb) produced in 2019 to the 97,500 metric tons (214.9 million lb) produced last year. Teck says climate related water manage...
