The mining newspaper for Alaska and Canada's North
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Geologically, Alaska is a terrane wreck, with multiple tectonic plates dumping their mineral payloads over the landscape. Geologists are still sifting through the wreckage in many places across the state to determine which mineral deposits were dumped by which terranes and when - a task not always easily accomplished as pileups have resulted, in many cases, from multiple mineralization events happening in the same geographical regions over time. A terrane is a series of...
Advances in high technology, especially the recent drive to produce increasingly efficient hybrid automobiles, is spurring demand for rare earth elements and energizing a little-known mining sector with at least one known Alaska mineral deposit. Thanks to analysts touting the virtues of investing in rare earth mining, two companies, Commerce Resources Corp. and Rare Element Resources Ltd. listed on the Toronto Stock Exchange have seen gains in their stock price of 32 percent and 37 percent, respectively, this spring,...
KENO HILL - Here amid hills dusty with glacial silt in the eastern Yukon, miners have tapped rich veins of silver and gold for nearly a century, right up until silver prices tanked in the late 1980s. In its heyday, the historic Keno Hill silver mining district boasted more than 40 producing mines and at least two bustling villages, Mayo and Keno City. Miners not only grubbed for pay dirt, they made homes in the valleys beneath the mines and raised families while extracting the gray precious metal. In all, the district has...