The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 25 of 57
Raging wildfires and record hot temperatures challenged the well-laid plans of a score and more of mineral explorers in Canada's Yukon this year as the 2023 field season shifted into high summer. Most of the companies, however, managed to carry out their exploration for gold, silver, copper, and other minerals across the territory. The fierce and sometimes out-of-control blazes marked one of the worst wildfire seasons seen in Canada in nearly 30 years, consuming more than...
10-year mine life could provide the much-needed nickel and copper for clean energy technologies. Nickel Creek Platinum Corp. Aug. 24 published the results of a pre-feasibility study for the Nickel Shäw project in the southwest corner of Canada's Yukon, capable of producing 614.3 million pounds of nickel, 281.5 million lb of copper, 21.5 million lb of cobalt, 626,500 ounces platinum, 743,400 oz palladium, and 174,400 oz of gold over a 19-year mine life. This PFS is based on...
Strategic Metals Ltd., a longtime project generator in the Yukon, is helping to spur industry interest in the prospectivity of the territory's southwestern region for critical minerals as more explorers undertake projects in this underexplored region. Strategic optioned 70% ownership interest in Hopper, a 74 square-kilometer (28.6 square miles) multi-target porphyry copper-molybdenum project with significant copper-gold-silver peripheral skarn mineralization to CAVU Mining...
Nickel Creek Platinum Corp. Dec. 16 announced results on the ongoing work toward carbon sequestering at the company's Wellgreen deposit on its flagship Nickel Shaw project in southwestern Yukon, Canada. Under the guidance of University of British Columbia Professor Greg Dipple, Nickel Creek has been conducting experimentation at Wellgreen, a deposit with extensive nickel-copper-platinum group metals mineralization dominantly hosted in ultramafic rocks. Aside from the...
Recent analysis by University of British Columbia Professor Greg Dipple indicates that tailings from a mine at the Wellgreen nickel-copper-cobalt-platinum group metals deposit on Nickel Creek Platinum Corp.'s Nickel Shäw project in southeastern Yukon could absorb large quantities of carbon dioxide from the atmosphere. About 15 years ago, Dipple realized that ultramafic rocks such as those that host the nickel-rich mineralization at Wellgreen are among the largest carbon...
Palladium One Mining Inc. June 13 announced the acquisition of Canalask, a nickel-copper-platinum group elements project near Beaver Creek in the Yukon, from Victoria Gold Corp. The 3,400-hectare (8,402 acres) Canalask property lies alongside the Alaska Highway about 300 kilometers (186 miles) northwest of Whitehorse and near the Alaska border. Exploration on the project dates back to the 1950s when the Canalask footwall zone was originally discovered, drilled, and partially...
From jewelry at a black-tie soiree to scrubbing harmful emissions from the exhaust system of a farm truck, the six platinum group metals – platinum, palladium, rhodium, ruthenium, iridium, and osmium – are metals that are both precious and critical to the United States and Canada. Extremely rare, durable, and with a brilliance that does not tarnish, platinum and other metals in its group are a treasured choice for high-end jewelry that stands the test of time. Three of the...
The six platinum group elements – platinum, palladium, rhodium, ruthenium, iridium, and osmium – have one foot firmly planted in the realm of precious metals while the other is firmly established in the industrial sectors. While being amongst the rarest metals on the planet already makes PGE's highly valued for jewelry and bullion, their applications in the automotive, petrochemical, and electronics industries are catalysts that drive the price of these industrious pre...
When Granite Creek Copper Ltd. decided to refocus its energies on finding copper in Yukon Territory in October 2018, it swung into action, aggressively tackling its vision of becoming a leading copper exploration company. Just over two years later, the junior has acquired the advanced Carmacks Copper Project and is hoping to establish a mineral resource estimate on its larger Stu Project next door. To begin its transition, the junior changed its name from Granite Creek Gold...
Nickel Creek Platinum Corp. March 11 said it plans to carry out exploration drilling, geophysics and sampling at its Nickel Shäw (formerly Wellgreen) nickel-copper-cobalt-platinum group metals project in southwestern Yukon. To fund this work, as well as permitting and other expenses, the company plans to raise C$4.4 million through a proposed non-brokered private placement being supported by a C$2.2 million commitment from Electrum Strategic Opportunities Fund L.P., Nickel Cre...
Cobalt is an essential ingredient to optimizing the performance of batteries in the growing number of electric vehicles on global highways, yet essentially none of this battery metal is mined in the United States. With at least one advanced stage exploration project in Alaska looking into the potential of producing cobalt alongside its copper, America's 49th State could provide a domestic source for this critical metal. In its annual report, Mineral Commodity Summaries 2018,...
The six platinum group elements – platinum, palladium, rhodium, ruthenium, iridium, and osmium – are amongst the rarest metals on Earth. This scarcity, coupled with PGEs' uses in the automotive, petrochemical and electronics industries, has this group of metals firmly planted on the United States Geological Survey's critical minerals list. "PGEs are indispensable to many industrial applications but are mined in only a few places," USGS inked in a 2017 report on platinum gro...
Nickel Creek Platinum Corp. April 25 said the second phase of its metallurgical program on the Nickel Shäw (formerly Wellgreen) project in southwestern Yukon is advancing into mini pilot plant testing. The company, previously known as Wellgreen Platinum, said the phase II metallurgical program is the most in-depth and comprehensive analytical undertaking that has ever been applied to Nickel Shäw. This work, which began in September, initially focused on flowsheet o...
Born from an idea to create a vehicle that could provide Alaska businesses lower interest rates offered by tax-exempt financing, the Alaska Industrial Development and Export Authority, or AIDEA, has been doing its part to create jobs and bolster Alaska's economy for five decades. "Fifty years ago, the Alaska State Legislature created the Alaska Industrial Development and Export Authority, to develop, encourage, and improve the economic potential and welfare of the people of...
Wellgreen Platinum Ltd. Jan. 8 announced that it is changing its name to Nickel Creek Platinum Corp., part of a rebranding aimed to reflect a new direction for the company and the uniqueness of its asset, which is one of the largest undeveloped nickel sulfide and Platinum Group Metals (PGM) deposits in North America. "We are thrilled to complete our corporate rebranding to Nickel Creek Platinum, a name which reflects our company's significant endowment of nickel and PGMs, part...
Though mineral exploration in Yukon Territory this year lagged the pace seen in 2018, mine development projects advanced at a steady clip in 2019, while several past-producing mines moved toward resuming output. Yukon ranked fourth in Canada for projected spending on mineral exploration and deposit evaluation for 2018, according to statistics distributed by Natural Resources Canada. Spending for mineral exploration and deposit evaluations totaled C$249.4 million, made up of C$...
The six platinum group elements – platinum, palladium, rhodium, ruthenium, iridium, and osmium – are amongst the rarest metals on Earth. This scarcity, coupled with PGEs' uses in the automotive, petrochemical and electronics industries, has this group of industrious precious metals firmly planted on the United States Geological Survey's critical minerals list. "PGEs are indispensable to many industrial applications but are mined in only a few places," USGS inked in a 2017 rep...
Cobalt is a critical safety ingredient in the cathodes of lithium-ion batteries powering the ever-increasing number of electric vehicles traveling global highways and a plethora of cordless electrical devices. "Globally, the leading use is in the manufacture of cathode materials for rechargeable batteries – primarily lithium-ion, nickel-cadmium, and nickel-metal-hydride batteries – which are used in consumer electronics, electric and hybrid-electric vehicles, energy sto...
More than three dozen explorers chased lucrative mineral deposits in Yukon Territory in 2017 and most of these junior and senior companies returned to the northern jurisdiction this year to take another crack at hitting the jackpot. Known for its rich and storied gold mining history as well as its rugged mountain peaks, Yukon is roughly 15 percent larger than California, covering more than 482,000 square kilometers (186,272 square miles). Split off from the Northwest...
Since investing roughly US$70 million to acquire a 28 percent stake in Novagold Resources Inc. in 2009, American billionaire Thomas Kaplan and his Electrum Group of companies have taken a keen interest in some of the more intriguing mineral exploration companies and projects in Alaska and across Canada's North. Kaplan, an Oxford-educated historian that began investing in natural resources in the 1980s, knows that gold has served as a currency throughout mankind's written histo...
Nickel Creek Platinum Corp. is focused on developing its Nickel Shäw (formerly Wellgreen) project in southwestern Yukon into Canada's next world-class nickel-copper-cobalt-PGM sulfide mine. Towards this objective, the company previously known as Wellgreen Platinum is carrying out the most in-depth a metallurgical program that is the comprehensive analytical undertaking that has ever been applied to Nickel Shäw. This work, which began in 2017, initially focused on flowsheet opt...
Like a gong proclaiming the end of the long and arduous bear market for North of 60 mining explorers, the May 12 news that Goldcorp Inc. would buy Kaminak Gold Corp. for roughly C$500 million reverberated from Yukon Territory throughout the North. While the rich lure of developing a mine at Kaminak's robust Coffee gold project lured Goldcorp to the Yukon, it was the exploration potential and the ability to permit and build a mine that convinced the producer to expand into the...
As some of the world's biggest gold miners nab exciting plays that turned up across Yukon Territory during the past decade, Yukon's mining explorers continue to seek the next generation of mine projects in the northwestern-most Canadian territory. Many of the up and coming mines in Yukon also are getting a boost from C$360 million in upgrades to roads into some of Yukon's richest mining districts. Known as the Yukon Resource Gateway project, the endeavor to modernize...
Group Ten Metals Inc. June 22 said it has begun 2017 exploration at its nickel-copper-platinum group elements properties in southwestern Yukon. This work, which is expected to be carried out in July, includes mapping, prospecting and surface sampling at the Ultra, Spy and Catalyst projects. The work at Spy, which is roughly 25 miles (40 kilometers) the Wellgreen nickel-PGE-copper project, will focus primarily on defining the orientation of the Spy ultramafic sill and sighting optimal locations for a potential drill program...
Wellgreen Platinum Ltd. June 26 reported a roughly 10 percent increase in the measured and indicated resources at its Wellgreen nickel-platinum group metal-copper project in southwestern Yukon. Since the publication of a resource estimate in 2014, an additional 74 holes have been completed at Wellgreen. Incorporating the results from this work, Wellgreen now hosts 362 million metric tons of measured and indicated resource averaging 0.26 percent (2.08 billion pounds) nickel; 0.14 percent (1.09 billion lb) copper; 0.015...
