The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 151 - 175 of 184
THISTLE CREEK, Yukon Territory - The Bell Jet Ranger helicopter just landed, while the A-Star unloaded passengers before powering down its engines on the other side of the creek. A third, smaller copter whined as its rotors buffeted bystanders with gusts of dust and debris during takeoff. Meanwhile, a small plane soared overhead. Welcome to the Dawson Mining District of central Yukon in early August. Or as one wag joked: "JFK West!" Visitors prepared to tour Kaminak Gold Corp.'s mining exploration camp here as a three-man...
WHITEHORSE - Since the Klondike Gold Rush when tens of thousands of fortune-seekers stampeded to this northern land looking for gold, the mining industry has been the backbone of Yukon Territory's economy, Yukon government leaders said during their opening remarks at the 37th annual Yukon Geoscience Forum Nov. 23. "Mining, of course, is the cornerstone of the Yukon economy," said Yukon Premier Dennis Fentie. "The mineral industry has provided many opportunities for Yukoners hi...
Western Copper Corp. won the coveted Robert E. Leckie Award for 2009 for outstanding reclamation of old abandoned workings on the Casino Property in west-central Yukon Territory. But the junior exploration company also went beyond the expected and developed a system for ongoing recycling and reclamation that could one day render the need for remedial cleanups at mine properties relics of the past. The Government of Yukon presented the Leckie Award to Western Copper Nov. 24, at the Yukon Geoscience Forum, in recognition of...
The race to become the next operating mine in Yukon Territory is heating up as two projects, Alexco Resource Corp.'s Bellekeno silver project and Yukon Zinc Corp.'s Wolverine volcanic massive sulphide project, appear to be running neck and neck as they enter the home stretch. Currently, Yukon Territory has only one operating mine, the high-grade Minto copper-gold mine, which began commercial production in October 2007. Owned by Minto Explorations Ltd., a subsidiary of Capstone Mining Corp, the open pit mining operation is...
Recession, what recession? That could have been the cry of some gold exploration companies in Yukon Territory in 2009. Thanks to several very impressive gold discoveries in 2008 at a time of unprecedented highs in gold prices, momentum lost in other sectors of Canadian mineral exploration seemed to hardly touch the gold-rich hills of this mining-friendly jurisdiction. Some 63 companies started 2009 with planned exploration programs in Yukon, but before all was said and done, a horde of additional gold seekers poured into the...
BCG: TSX-V President and CEO: Brian P. Fowler Chief Financial Officer: Larry M. Okada BCGold Corp., organized in 2006 in British Columbia, is a Vancouver-based resource company focused on copper and gold exploration in underexplored mining and exploration districts in British Columbia and Yukon Territory. BCGold Corp. acquires and develops conceptual, early and mid-stage, exploration opportunities and advances them toward resource development by using internal expertise, engaging preferred joint venture partners, and...
NFR: TSX CEO and COO: Bill Harris President: Susan P. Craig Vice President, Exploration: Corwin Coe Northern Freegold Resources Ltd., founded in 2006, in the development stage as of March 31, 2009, is a precious metals exploration and development company. It focuses on the development of economic mineral resources at the district-scale Freegold Mountain gold and copper project in the Yukon Territory, and at a gold and silver property in Arizona. The Freegold Mountain Project is located in the Whitehorse Mining District about...
Canada's new economic development agency for the Far North has awarded a new round of mining research and business development grants, providing significant funding to key projects in Nunavut, Northwest Territories and Yukon Territory. Known as the Canadian Northern Economic Development Agency or CanNor, the agency is the outgrowth of the Canadian government's new Economic Action Plan and is designed to encourage future investments in resource exploration in the country's three northwestern territories. CanNor is responsible...
For the past two years, mines in Alaska and Northwest Canada have encountered problems with unusually large volumes of stormwater runoff or snowmelt during spring breakup, but it's too soon to determine if it is a trend. This year, the Minto Mine just east of the Yukon River in west-central Yukon Territory, ran into troubles when excess water, over and above what could be contained in the mine's water storage pond, had to be diverted into its open pit during breakup in order to prevent a non-compliant discharge. Capstone...
About 100 scientists, engineers, and regulators attended the 2009 Northern Latitudes Mining Reclamation Workshop held in Yellowknife, Northwest Territories, Sept. 8-11. Presenters delivered 22 professional papers during the two-day workshop, and participants also took field trips to the Snap Lake diamond mine and the now-dormant Giant and Con gold mines, which once were the heartbeat of Yellowknife. The capital of Northwest Territories was a fitting location for the workshop, since the two large gold mines that once...
A gold mining group looking north from Nevada where it has been focused in recent years is seeing what many other explorers have noticed before them - the Tintina Gold Belt that stretches across Interior Alaska and Yukon Territory offers the handsome prospect of a major gold discovery. But the difference for Golden Predator Royalty & Development Corp. is that it is prepared to back up its conclusions with the hard work and financial capital necessary to not only find the gold but bring it into production in short order....
If it were entirely up to Copper Ridge Explorations Inc., the project generator would explore most of its mineral properties in Yukon Territory, northern British Columbia and Alaska this summer. But tough economic times have forced the Vancouver, B.C.-based junior to pick and choose among its 12 key projects, betting precious dollars on a handful of ideas that could pay off with additional exploration by catching the eye of future partners or investors. Fortunately, some of Copper Ridge's projects have already hit that magic...
Yukon Zinc Corp. moved closer to startup of the Wolverine Project in Southeast Yukon Territory recently by gaining regulatory approval of its tailings and infrastructure design and construction plan. Two Chinese companies, Jinduicheng Molybdenum Group Ltd. and Northwest Nonferrous International Investment Co. Ltd., acquired all of the public shares of Vancouver, B.C.-based Yukon Zinc last summer. Since then, the private company has quietly advanced the development of Wolverine. The Yukon government April 14 said it approved...
Yukon Territory has one producing mine, the Minto copper-gold-silver operation near the Yukon River north of Whitehorse. During 2008, more than 150 active hardrock exploration projects in the territory, 73 of which recording spending greater than C$100,000, and 22 posted outlays greater $1 million. Here's a look at some of the mining companies active in Yukon Territory. Producing mines Sherwood Copper Corp., now a part of Capstone Mining Corp., took the Minto Mine, Yukon Territory's only producing hard rock mine, to new...
Yet another junior exploration company prospecting for precious and base metals in the mountains of central Yukon has come home with a shiny new prize. ATAC Resources Ltd. struck gold last summer in the mineral-rich hills of the Tombstone Mountains. In August ATAC reported a significant discovery on the Rau property in the Keno Hill District at the northern edge of the prolific Tintina Gold Province, a banana-shaped belt of mostly intrusion-related gold deposits that stretches more than 1,000 miles across Yukon and Alaska....
Redcorp Ventures Ltd. and subsidiary Redfern Resources Ltd. said holders of more than the required two-thirds of the company's 13 percent senior secured notes have agreed to certain amendments to the note terms between the junior mining company and CIBC Mellon Trust Co. The proposed amendments will give Redcorp access to about $200 million in capital to be used to develop the Tulsequah Chief Mine Project to commercial production. Gold Wheaton Gold Corp. will provide $90...
Years ago, Graham C. Dickson found himself in the difficult position of trying to clean up an environmental mess made by predecessors at the mining company where he worked. "I learned that the best way to address environmental issues is with sustainable mining," Dickson told Mining News in a recent interview. "So I've always tried to do better than what the regulators asked. Experience tells me you'd better do that from the start." Today, Dickson is president and CEO of Yukon-Nevada Gold Corp., a hardrock mining company with...
Yukon-Nevada Gold Corp. and No Name Resources Inc. won the Yukon Territory's 2007 Robert E. Leckie awards for outstanding quartz (hard rock) and placer reclamation practices, respectively. The awards were announced Nov. 26 at the Yukon Geoscience Forum Awards Banquet in Whitehorse. Yukon Nevada Gold drew praise for its reclamation work at Ketza River; and No Name Resources for its reclamation activities at Ten Mile and Thirteen Mile creeks. Yukon officials also awarded honorable mentions to Selwyn Resources Ltd. for...
Placer mining heated up in the Yukon Territory this year as mostly family owned outfits mounted more exploration programs. The value of gold produced in the Yukon's growing placer mining sector shot up 18 percent, according to William LeBarge, placer geologist for the Yukon Geological Survey. The territory had 107 active placer mines in 2007, plus 24 exploratory ventures. That compared with 106 active placer mines in 2006, and nine additional exploratory properties. With only two weeks left in the year, LeBarge reported an...
Molybdenum prices have gained altitude and performed a "loop the loop" in recent years that aerobatic pilots would envy. Skyrocketing from a low of $2 a pound in 2002 to a peak of $50 a pound in 2005, before dipping to the $20-a-pound range last year and climbing back to $33.75 a pound in mid-June, moly prices are having a heck of wild ride. Mining companies, in response, have been scrambling to expand and start up molybdenum projects. The trend is particularly evident in mineral-rich British Columbia, where 1,350...
With startup of the Minto advanced stage copper-gold project in the central Yukon just around the corner, Sherwood Copper Corp. has already embarked on a plan to add to reserves and extend production at the site. Minto, a relatively small project by industry standards, is a standout because of its exceptionally high grade copper reserves. Its reserves currently exceed 356 million pounds of copper, with estimated recovery rates of 95 percent for copper and silver and 75 percent for gold. Sherwood, a Vancouver, British...
Western Copper Corp., the spinoff from Western Silver Corp. charged with bringing the Yukon Territory's Carmacks copper deposit into production, cleared a significant regulatory hurdle recently. The Yukon Environmental and Socioeconomic Assessment Board notified Western Copper in February that its proposal for the Carmacks Copper Project was adequate, under terms of the Yukon Environmental and Socioeconomic Assessment Act and opened the review to public comments on the proposal. Carmacks, which is 100 percent owned by...
Sometimes less can be more. That's what Sherwood Copper Corp. is finding with metallurgical tests it is conducting on ore samples from the Minto project north of Whitehorse in the Yukon Territory. Minto is an advanced-stage copper-gold project with reserves exceeding 356 million pounds of high-grade copper and geology that indicates significant exploration potential. Development of an open pit mining operation with conventional crushing, grinding and flotation to produce copper concentrates with significant gold and silver cr...
Sherwood Copper Corp. dashed out of the starting gate this spring, racing not only to bring the Minto project in northern Yukon Territory to production as early as the second quarter of 2007, but also to boost anticipated copper production from the tri-mineral deposit to 40 million to 50 million pounds per year. Sherwood, a Vancouver, B.C.-based junior mining company, is eager to capitalize on high metals prices, especially for copper, and a projected worldwide shortage of at least 100,000-120,000 tons a year of that...
The Alaska Industrial Development and Export Authority is moving ahead with plans to retrofit Skagway Ore Terminal for use by mining companies. AIDEA's board of directors voted 5-0 March 29 for a resolution approving a cost reimbursement agreement to analyze proposed improvements to the terminal. The agreement is with Vancouver-based Sherwood Copper, which is developing the Minto copper-gold project in Canada's Yukon. AIDEA passed a resolution last year to support a similar study by Toronto-based Cash Minerals, owner of the...
