The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 176 - 182 of 182
December, January and February are normally a time when the mining industry can stop and catch its collective breath, look into its often cloudy but well-used crystal ball and prepare for the coming year. Not so the last December, January and February! While 2004 results continued to pour in from projects large and small, plans for 2005 are well advanced and in some cases, already in full swing. Metals prices remained strong and even the most pessimistic prognosticators...
Placer mining in Canada's Yukon Territory has increased significantly this year, and although there are no operating hard-rock mines in the territory yet, that may change soon. Mike Burke of the Yukon Geological Survey outlined the varied projects of the past season at the Alaska Miners Association Convention in Anchorage on Nov. 4. In particular, he drew attention to Expatriate Resources' exploration in the Finlayson Lake District at Wolverine, for which the company has raised C$16.6 million. Wolverine is one of several impo...
The month of November started off with a bang with favorable results for the mining industry from both the state and federal elections standpoint. As it closes the price of gold is flirting with $450 per ounce, the highest price for this metal since mid-1988. The Alaska Miners Association convention was very well attended in early November and results were revealed there from many of Alaska's exploration, development and production properties. A quick tally of spending across... Full story
Despite the fact that winter has arrived over much of Alaska, exploration efforts continued at record pace throughout the state in October. Late summer programs are now competing for people and drills with early winter programs in a number of areas, a problem not normally encountered in Alaska. In a further sign of the strength of the rebound in the metals markets, a number of companies are already tying up people, drills, camp equipment, analytical services and helicopter... Full story
Information continues to trickle in from 2002 exploration programs around the state with the final tally suggesting exploration expenditures for 2002 will come in at about the same or slightly higher levels as in 2001. As is most years, a few major projects expend the majority of the funds while many smaller projects move either forward toward increased funding or backward to the project bone yard. The big spenders in 2002 will be Donlin Creek, Pebble and Pogo while properties... Full story
As is always the case this time of year, many of the season's exploration and development programs are completed or nearing completion and the results of those programs are trickling in. In addition, second quarter 2001 operating results are in for Alaska's major mines, all of which are doing well despite depressed prices for all of the metals they produce. The state's most active areas include the Seward Peninsula, Interior Alaska and southeast Alaska. Here is what's going on. Western Alaska Cominco American's Red Dog mine...
While the noisy debate continues over ANWR, the gas pipeline possibilities and the ever-increasing cost of gasoline, the Alaska mining industry has quietly made the seasonal transition from winter to summer. The sound of drills and rock picks on outcrops is beginning to echo across the state. By all accounts the number of feet drilled, the number of geologists and engineers employed and the number of dollars spent around the state this year will be down significantly compared to the last several years. That said, several area...
