The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 126 - 150 of 615
Enduro Metals Corp. is focused on expanding the gold, silver, and copper mineralization being exposed by the rapidly retreating glaciers on its 638-square-kilometer (246 square miles) Newmont Lake project in British Columbia's Golden Triangle. Formerly known as Crystal Lake Mining Corp., in mid-2020 this exploration company changed its name to Enduro Metals to reflect the persistence and optimism of the company's new leadership. Situated about 30 kilometers (19 miles)...
With a vision to become a leading base metals mining company, Osisko Metals Inc. is rapidly advancing exploration and engineering studies at its Pine Point project about 42 kilometers (26 miles) east of Hay River, Northwest Territories. A preliminary economic assessment completed in mid-2020 outlines a mine at Pine Point that would produce an average of 327 million pounds of zinc and 143 million lb of lead annually over an initial 10-year mine life. At an average zinc price...
Investing capital and resources into keeping its mines operational in the midst of a global pandemic, Teck Resources Ltd. has scaled back on exploration during 2020. "These continue to be challenging times, as the world works its way through the COVID-19 pandemic," said Teck Resources President and CEO Don Lindsay. "Teck will remain focused on protecting our people and communities while continuing to operate responsibly and safely, to support the economic recovery in the wake...
Cans, cups, roofs, and foil hats are likely the first things that come to mind when thinking about tin – none of which conjure images of a metal that should be considered critical to a modern country like the United States. According to a study carried out by Massachusetts Institute of Technology, however, tin is the metal expected that be most impacted by new technologies. Commissioned by Rio Tinto, the MIT study found that tin beat out more likely technology metals candidate...
While indium is not part of the everyday lexicon, if you are reading this article on your smartphone, computer or tablet there is a very good chance you are looking at (or more accurately, through) indium right now. This is because indium-tin oxide is used as a transparent conducting film applied to virtually every flat-panel display and touchscreen computer, tablet, and smartphone on the market. This thin coating transforms incoming electrical data into an optical form, a pro...
The United States is heavily dependent on China and other foreign suppliers for its barite, a mineral critical to the petroleum sector. Barite derives from barús, the Ancient Greek word for heavy, owing to an exceptionally high specific gravity for a non-metallic mineral. It is this weight that makes barite a key element to the oil and gas sector and lands the mineral on USGS' critical list. "More than 90% of the barite sold in the United States was used as a weighting agent...
Copper Fox Metals Inc. Nov. 24 reported that it is having a preliminary economic assessment completed for Schaft Creek, a copper-gold-molybdenum project in northwestern British Columbia being advanced under a joint venture between Teck Resources Ltd. (75%) and Copper Fox (25%). Prior to the 2013 formation of this JV, Copper Fox had a feasibility study prepared that detailed a 130,000-metric-ton-per-day open-pit mining operation at Schaft Creek estimated to produce 4.88...
Osisko Metals Inc. Nov. 12 reports that its latest batch of drill results includes one hole that indicates a major expansion of O53, one of the deposits that make up the large zinc-lead resource at the Pine Point project in Canada's Northwest Territories. From 1964 to 1988, Cominco (now Teck Resources) produced roughly 14 billion lb of zinc and 4 billion lb of lead from around 64 million metric tons of ore averaging about 10% zinc-equivalent, which factors in the value of...
Teck Resources Ltd. Oct. 27 reported that water-related restrictions and unexpected repairs at Red Dog slowed zinc and lead production at this mine in Southwest Alaska during the third quarter. During the three months ending Sept. 30, the Red Dog Mine produced 123,300 metric tons (271.8 million pounds) of zinc, which is a 20% drop from the 153,100 metric tons (337.5 million lb) produced during the same period of 2019. Likewise, lead production during the third quarter of this...
Osisko Metals Inc. Oct. 5 reported the results from the fall drill program at its Pine Point zinc project in Northwest Territories. In mid-June, the company published a preliminary economic assessment that outlines plans for reestablishing a mine at Pine Point, home to a mine operated by Cominco (now Teck Resources) that produced roughly 14 billion pounds of zinc and 4 billion lb of lead from around 64 million metric tons of ore averaging about 10% zinc-equivalent over a...
Rising metal prices are helping to soften the blow COVID-19 has landed on Alaska's mining sector in 2020. While mining has been deemed an essential business in Alaska, which has helped keep the six large mines in the state operating during the pandemic, measures put in place to slow the spread of COVID-19 are weighing on production at some of these operations. Efforts to flatten the curve on the spread of coronavirus also disrupted several winter drill programs in Alaska,...
A feasibility study for developing a mine at the world-class Arctic deposit in Alaska's Ambler Mining District 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 an initial 12-year mine life. While high-grade volcanogenic massive sulfide deposits such as Arctic are typically mined from underground, the Arctic feasibility study details...
The COVID-19 pandemic has led NANA Corp. and its mining partners, Teck Resources Ltd. and Ambler Metals LLC, to adjust their mineral exploration and mine development plans in order to meet the ever-evolving health and safety mandates to keep shareholders, employees and residents of Northwest Alaska as safe as possible. "Although the pandemic was unexpected, learning to adapt is nothing new for the region and Iñupiaq people. For 40 years, NANA shareholders have supported...
Crystal Lake Mining Corp. June 22 reported the first high-grade gold mineralization, along with additional copper, gold, silver, zinc, and lead mineralization tapped while testing three target areas at Burgundy Ridge on the company's 551-square-kilometer (213 square miles) Newmont Lake property in British Columbia's Golden Triangle. Situated about 30 kilometers (19 miles) northwest of Skeena Resources' Eskay Creek project and about the same distance southeast of Teck...
Reestablishing a mine at Osisko Metals Inc.'s Pine Point zinc-lead project in Northwest Territories could be profitable, according to the preliminary economic assessment released on June 15. The PEA outlines a mine that would produce an average of 327 million pounds of zinc and 143 million lb of lead annually over an initial 10-year mine life. At an average zinc price of US$1.15/lb and lead averaging US95 cents/lb, this operation has been calculated to produce an after-tax...
Skeena Resources Ltd. June 4 announced it is implementing a vigorous infection prevention and control strategy ahead of resuming exploration and development activities at its Eskay Creek and Snip gold projects in British Columbia's Golden Triangle. Skeena launched a 28,000-meter drill program at Eskay Creek earlier this year but idled the drill after completing 4,237 meters due to COVID-19 restrictions. Planning to resume this program later this month, the company is...
Northway Resources Corp. May 26 announced plans to carry out mapping, sampling, and geophysics to refine gold targets on its Healy and Napoleon gold projects in Alaska's Eastern Interior region. Formed in 2018 and taken public last year, Northway is TSX Venture Exchange-listed company that focused its 2019 exploration primarily on Healy, a discovery stage gold project in the vicinity of Northern Star Resources 10-million-ounce Pogo Gold Mine property. Healy was first identifie...
Northern Dynasty Minerals Ltd. said its Pebble project could provide another source of jobs and revenue to an Alaska economy challenged by an interrelated combination of COVID-19 and low oil prices. Though fewer than 400 cases of COVID-19 have been diagnosed in Alaska, placing it among the lowest states in the country on an absolute and per capita basis, the economic impact of the global pandemic on the largest of the United States is both severe and ongoing. As a result of...
Global metal production has been severely disrupted due to government mandated suspension of mining operations in response to the COVID-19 pandemic. According to figures released by GlobalData, 32 countries have passed partial or complete lockdown orders that by April 3 had led to the temporary suspension of activities at over 1,600 mines. Silver is the hardest hit by global government lockdowns, with the equivalent of 65.8% of annual global production of this industrious...
Teck Resources Ltd. April 20 reported increased zinc and lead production at Red Dog, despite the adjustments and precautions taken to protect the health of the workforce and residents in nearby Northwest Alaska communities during the COVID-19 outbreak. Red Dog produced 128,400 metric tons (283.1 million pounds of zinc during the first quarter of this year, which is 17% higher than the first three months of 2019. Likewise, the first quarter zinc production during the first...
Teck Resources Ltd. March 16 said it has initiated measures to slow the spread of COVID-19 that include remote work, travel restrictions and other protocols. These protocols include pre-flight virus screenings for all personnel travelling to its Red Dog zinc mine in Northwestern Alaska. "Teck is working diligently to closely monitor the recommendations of health officials and update all employees at Red Dog on information and current best practices for prevention of COVID-19,"...
Crashing markets, quarantines, closed offices and cancelled events are reverberating across the North of 60 Mining sector in the wake of the World Health Organization declaring the coronavirus strain officially known as COVID-19 a global pandemic. At first, the effects of COVID-19 on mining in Alaska and across Canada's North was being felt mainly by the precipitous drop in the share price of mining companies doing business here – a plunge that is being further fueled by a S...
Teck Resources Ltd. Feb. 12 reported that the Red Dog Mine produced 552,400 metric tons (1.22 billion pounds) of zinc during 2019, down about 5% from the 583,200 metric tons (1.29 billion lb) of the galvanizing metal produced in 2018. The Northwest Alaska operation also produced 102,800 metric tons (226.6 million lb) of lead last year, which is a more than 4% increase over the 98,400 (217 million lb) produced the previous year. During the fourth quarter, Red Dog produced...
Canada's provinces and territories have fallen from grace in the eyes of the global mining community, according to the latest rendition of Fraser Institute's Annual Survey of Mining Companies. For the first time in a decade, no Canadian jurisdiction ranks in the top 10 for "investment attractiveness" in the annual survey conducted by the Canadian public policy think-tank. This report asks industry professionals from around the globe to score mining jurisdictions based on their...
Teck Resources Ltd. June 22 said COVID-19 and water challenges resulted in a significant decrease in the production of zinc and lead at its Red Dog Mine in Northwest Alaska. Red Dog produced 83,900 metric tons (185 million pounds) of zinc during the second quarter, which is a roughly 47% drop from the 158,000 metric tons (348.3 million lb) produced during the same period of 2019 and a 35% drop from the 128,400 metric tons (283.1 million lb) produced during the first three...
