The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 51 - 75 of 197
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...
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, South32 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, the major base metals producer...
Ambler Metals LLC's US$27 million work program slated for the Upper Kobuk Mineral Projects in Northwest Alaska includes 14,600 meters of drilling directed at a wide variety of targets, from condemnation drilling where the company plans to build the processing plant and tailings facility at the Arctic Mine project to exploring for new deposits of carbonate-hosted copper-cobalt mineralization in the Cosmos Hills. Trilogy Metals Inc. and South32 Ltd., equal owners of the Ambler...
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...
With a $13 million budget for predevelopment activities during 2021, a proposed road to the enormously metal-rich Ambler Mining District in Northwest Alaska takes another step closer to reality. This summer's work to prepare the proposed 211-mile industrial access road for a development decision will be funded equally by Ambler Metals LLC, which is working to develop the rich mineral potential at the road's terminus, and the Alaska Industrial Development and Export Authority,...
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...
Rhenium is exceptionally resistant to heat and wear, characteristics that make it a vital ingredient in superalloys used in jet and industrial gas turbine engines. "The high-temperature properties of rhenium allow turbine engines to be designed with finer tolerances and operate at temperatures higher than those of engines constructed with other materials," the United States Geological Survey penned in a fact sheet on the critical metal. "These properties allow prolonged engine...
North of 60 Mining News recently spoke with Ramzi Fawaz, president and CEO of Ambler Metals LLC, a 50-50 joint venture between South32 Ltd. and Trilogy Metals Inc. to develop the rich mineral resources at the Upper Kobuk Mineral Projects in Alaska. In a candid conversation, Fawaz talks about what attracted him to Ambler Metals; the company's Alaska-based team and partnerships; the strategy for developing Arctic Mine and the other rich metals deposits at the Upper Kobuk Mineral...
U.S. Bureau of Land Management, National Park Service, and the Alaska Industrial Development and Export Authority have signed documents that provide a 50-year right-of-way across federal lands for the Ambler Mining District Industrial Access Road. "This right-of-way is the culmination of years of research, planning, and collaboration," said AIDEA Executive Director Alan Weitzner. "The signing of this permit is a major milestone. It's the first step in a multi-year phase of...
Alaska Industrial Development and Export Authority Feb. 10 announced that its board has approved a long-term agreement with Ambler Metals LLC to share up to $70 million of the predevelopment costs for a proposed road to the Ambler Mining District in Northwest Alaska. "This is another example of AIDEA's role in establishing public-private partnerships supporting responsible development of Alaska's natural resources," said AIDEA Chairman Dana Pruhs. Such partnerships are the...
Strong metal prices and an infusion of cash from notable resource investors helped to salvage much of a 2020 mineral exploration season in Alaska that became lethargic with disruptions, delays, and shelving of field programs infected by the COVID-19 pandemic early in the year. At its onset, 2020 was looking like it would be the best year for Alaska's mining sector in a decade. Australia-based mining companies were slated to invest nearly US$100 million in mineral exploration...
Whether it is the exponential growth in electric vehicles traveling global highways, the massive need for storing energy at solar and wind electrical generating facilities, or cutting the cords on our electronic devices, the world is becoming increasingly dependent on lithium-ion batteries. And this is driving up the demand for cobalt, a critical safety ingredient in the cathodes of these energy storage cells. "Globally, the leading use is in the manufacture of cathode materia...
Considering the global shift to low-carbon energy and electric mobility, copper is the most vital metal not on the United States Geological Survey's list of 35 minerals and metals considered critical to America's economic wellbeing and security. Copper's importance is due to the rapidly emerging electric vehicle, wind turbines and photovoltaic (PV) solar technologies need a lot more copper than the combustion cars and power plants they are replacing. It is estimated that the...
A semiconductor that will melt in the palm of your hand and has the ability to convert electricity directly into laser light, gallium is a cool critical metal that is an important ingredient in light emitting diodes (LEDs), new generation smartphones, thin-film solar cells, and medical devices. "The development of gallium arsenide as a direct band-gap semiconductor in the 1960s led to what are now some of the most well-known uses of gallium – in feature-rich, a...
While Alaska is regarded as a geological storehouse of minerals critical to the United States, it is less renowned as a current globally significant supplier of germanium, a zinc byproduct metalloid with optical qualities that make it an important ingredient in infrared and fiber-optics, and semiconducting properties being applied to quantum computing, and solar energy systems. "The extensive use of germanium for military and commercial applications has made it a critical...
Ambler Metals LLC plans to invest US$27 million to advance the Upper Kobuk Mineral Projects in Northwest Alaska during 2021. The budget and program approved by equal partners in Ambler Metals – Trilogy Metals Inc. and South32 Ltd. – will primarily focus on the work required to ready the Arctic Mine project to enter permitting during the second half of 2021. According to a feasibility study finalized earlier this year, the Arctic deposit in Alaska's Ambler Mining District det...
Trilogy Metals Inc. and South32 Ltd. Aug. 25 announced that former Newmont Corp. senior executive Ramzi Fawaz has been appointed as president and CEO of Ambler Metals LLC, the 50-50 joint venture company formed by South32 and Trilogy to explore and develop the Upper Kobuk Mineral Projects (UKMP) in Northwest Alaska. Fawaz served as senior vice president of projects at Newmont from 2011 until 2019, with responsibility for the development and execution of Newmont's major gold...
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...
The U.S. Department of Interior issued two decisions that mark a major milestone along the path of permitting a road to the incredibly rich and strategically important Ambler Mining District in Northwest Alaska. On July 23, the Bureau of Land Management (BLM), with the U.S. Army Corps of Engineers, and the National Park Service (NPS) with the U.S. Federal Highway Administration, issued a record of decision that authorizes a right-of-way for the proposed 211-mile-long road...
Trilogy Metals Inc. July 8 confirmed that the 2020 field programs at the Upper Kobuk Mineral Projects in Northwest Alaska has been deferred due to the COVID-19 pandemic. Ambler Metals LLC, a joint venture operating company equally owned by Trilogy Metals and South32 Ltd., had budgeted US$22.8 million for the 2020 program. Following the novel coronavirus outbreak, Ambler Metals met with NANA Corp., the Alaska Native Claims Settlement Act (ANCSA) regional corporation for...
