The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 26 - 50 of 209
Graphite One Inc. June 1 named mining veteran Mike Schaffner as senior vice president, mining of its Alaska subsidiary, Graphite One (Alaska) Inc., effective July 1. "I'm excited to join the Graphite One team as the company moves into its next phase of development," Schaffner said. "I've been involved at every stage in the development process, from design to start-up, into operation and closure. I'm ready to help the team realize G1's tremendous potential of becoming...
Trilogy Metals Inc. April 20 reported that high-grade copper and zinc, reinforced with strong gold and silver, was cut in all the final nine holes from the 2021 drill program at the Arctic mine project in Northwest Alaska. Arctic is the most advanced deposit on the Upper Kobuk Mineral Projects, a 448,217-acre mineral-rich land package being advanced by Ambler Metals LLC, a joint venture company equally owned by Trilogy Metals and South32 Ltd. Arctic is a volcanogenic massive...
United States District Court Judge Sharon Gleason confirmed the U.S. Department of Interior's request to remand the previously issued federal permits for construction of the proposed 211-mile Ambler Access Project but ruled the permits will not be terminated altogether. Earlier this year, DOI requested a voluntary remand of the previously issued joint record of decision that authorized a right-of-way across federal lands for building the industrial-use-only road that would...
While hailing President Joe Biden's use of the Defense Production Act to bolster domestic production of critical lithium-ion battery minerals and metals as good news for the Far North State's mining sector, Alaska Gov. Mike Dunleavy says this move contradicts actions taken by the administration to reevaluate a road to the Ambler Mining District. "I fully support the President making the development of these minerals a priority in our nation's interest. But the Biden...
Trilogy Metals Inc. March 17 reported additional "outstanding but not unexpected" results from the 2021 infill drilling at the Arctic deposit on the Upper Kobuk Mineral Projects in Northwest Alaska. The company also provided a brief update on the U.S. Department of Interior's suspension of permits to build a road to the Ambler Mining District where UKMP is located. Being advanced by Ambler Metals LLC, a joint venture operating company equally owned by Trilogy and South32...
The U.S. Bureau of Land Management is leveraging its control over federal land along the Dalton Highway corridor to throw up a roadblock on the proposed industrial access to Alaska's Ambler Mining District. On March 11, BLM notified the Alaska Industrial Development and Export Authority that it has suspended a previously issued 50-year right-of-way that covers 25 miles of the proposed 211-mile road connecting the Ambler District to Alaska's highway system. Despite the receipt...
In a move criticized by a wide swath of Alaska policymakers and trade organizations, the Biden administration has filed a motion to reverse the federal authorizations for a proposed 211-mile road to the mineral-rich Ambler Mining District in Northwest Alaska. "You would think President Biden would want to improve access to American sources of copper and other strategic minerals that are needed in our combined efforts to increase renewables. Instead, actions like this only...
The Alaska Industrial Development and Export Authority and Ambler Metals LLC have agreed to equally fund $30.8 million for a 2022 field program to advance the Ambler Access Project, a proposed 211-mile road that serves as an Alaskan epitome of connecting the aspirations of a low-carbon future with the large volumes of minerals and metals required to build the electric vehicles and renewable energy infrastructure that will make the green energy future a reality. The World Bank...
Trilogy Metals Inc. Jan. 25 reported that the latest batch of assays from the infill drilling at Arctic continues to confirm that high copper and zinc grades are the rule and not the exception at this volcanogenic massive sulfide deposit at the Upper Kobuk Mineral Projects in Northwest Alaska. A 2020 feasibility study details plans for a financially robust mining operation at this world-class deposit that would produce 1.9 billion pounds of copper, 2.3 billion lb of zinc, 388...
Trilogy Metals Inc. Jan. 20 published an updated mineral resource estimate for Bornite that shines a spotlight on the very high copper and cobalt grades in the underground South Reef area of this world-class deposit on the Upper Kobuk Minerals Projects in the Ambler Mining District of Northwest Alaska. Located about 15 miles southwest of Arctic, the most advanced of the UKMP projects, Bornite is a large and high-grade deposit that hosts 6.3 billion pounds of copper and 88...
6 is shaping up to be a pivotal year for unlocking the world-class potential of the Ambler Mining District in Northwest Alaska. Toward realizing this potential, Ambler Metals LLC, a joint venture equally owned by Trilogy Metals Inc. and a subsidiary of South32 Ltd., has budgeted US$28.5 million for 2022. This program is slated to include drilling, engineering studies, and the initiation of permitting for Arctic, the first mine to be developed on its Upper Kobuk Mineral...
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, the major 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, South32 agreed to pay US$145 mil...
Goldman Sachs' declaration that "copper is the new oil" may serve as a foreshadowing of Alaska's economic future, one that is not so heavily reliant on the revenues from petroleum flowing from the North Slope and leans more heavily on the state's rich endowment of precious, critical, and base metals. The investment bank's suggestion that copper is to become the strategically most important commodity on Earth is due to the vital role the conductive metal plays in global...
With the Upper Kobuk Mineral Projects being advanced under a joint venture with South32 Ltd., Trilogy Metals Inc. has begun exploring for Arctic-type volcanogenic massive sulfide deposits on three properties it staked across the southern slopes of the Brooks Range in northern Alaska during 2021. "While Trilogy is focused on the oversight of our primary asset, the UKMP which is being managed by Ambler Metals LLC, the joint venture company equally owned by Trilogy Metals and Sou...
The Red Dog Mine has been a gamechanger for the more than 15,000 Iñupiat shareholders of NANA Corp., the Alaska Native Claims Settlement Act (ANCSA) regional corporation that owns the world-class Red Dog deposits in Northwest Alaska that are the source of nearly 5% of the world's new zinc supply each year. The revenues from shipping out more than 1 billion pounds of zinc annually, along with healthy portions of lead, silver, and minor amounts of germanium, have served as a...
Trilogy Metals Inc. Nov. 29 reported that one infill hole drilled this year at Arctic is the third-best intercept ever encountered at this high-grade volcanogenic massive sulfide deposit at the Upper Kobuk Mineral Projects in Northwest Alaska. "The 2021 drilling campaign confirms that the Arctic project has some of the highest grades of polymetallic mineralization in the world with copper-equivalent grades frequently in the double digits," said Trilogy Metals President and...
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...
The $1.2 trillion Infrastructure Investment and Jobs Act brightens an otherwise gloomy outlook when it comes to federal policies that impact Alaska and its mining sector. "I believe this is truly historic for our state," Sen. Lisa Murkowski, R-Alaska, said during a Nov. 17 address at the Alaska Resources Conference. While the massive infrastructure bill passage was chalked up as a political win for President Joe Biden, the billions of dollars to be invested into upgrading and...
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...
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...
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...
