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 3028
DOD and NRCan co-invest in advancing company's Mactung tungsten mine project and upgrades to infrastructure in eastern Yukon. In a strategic bid to establish secure and reliable North American supplies of minerals critical to defense and the broader economy, the U.S. Department of Defense and Canadian government are jointly investing up to US$27.3 million (C$35.4 million) to aid Fireweed Metals Corp. in advancing the Mactung tungsten mine project in eastern Yukon toward a...
Company strengthens its position as the leading lithium explorer in Northwest Territories. In a move set to reshape the lithium landscape in Canada's North, Li-FT Power Ltd. has entered into a definitive agreement with North Arrow Minerals Inc. to acquire the DeStaffany, LDG, and MacKay lithium projects, positioning itself at the forefront of exploration for the clean energy transition metal in Northwest Territories. "The acquisition of North Arrow's lithium portfolio further...
Ambler Road, other natural resource projects are at the top of governor's priorities to reverse a "four-year assault on Alaska." Reversing the Biden administration's decision to revoke permits required to build a road to the Ambler Mining District is high on a list of Alaska priorities that Gov. Mike Dunleavy sent to President-elect Donald Trump and his transition team. The 28-page "Alaska Priorities for Federal Transition" report sent to the incoming presidential team...
9% expansion of indicated resources provides foundation for DSO mine at high-grade copper project in Nunavut. In another large step toward its goal of establishing a low-cost mining operation capable of directly shipping high-grade ore from Storm Copper to global markets, American West Metals Ltd. reported a major expansion of the Australian Joint Ore Reserves Committee- (JORC) compliant resources at its project in Nunavut. "The updated JORC-compliant MRE (mineral resource...
Dowa agrees to hand over SE Alaska project and pays American Pacific $10 million for guarantee on 50% of zinc concentrates from future mine. American Pacific Mining Corp. has entered into an agreement with Dowa Metals & Mining Alaska Ltd. to acquire 100% ownership of the Palmer copper-zinc-gold-silver project in Southeast Alaska. American Pacific gained a roughly 45% joint venture in Palmer through the 2022 acquisition of Constantine Metal Resources Ltd., which was advancing...
Lists on the TSX Venture Exchange with flagship Red Mountain VMS project. Backed by big names in mineral exploration investment, Silver47 Exploration Corp. has emerged on the Alaska scene with a mission to significantly expand upon the 168.6 million ounces of silver-equivalent outlined so far at Red Mountain, a polymetallic volcanogenic massive sulfide project about 60 miles (100 kilometers) south of Fairbanks. "The objective of the company is to rapidly grow its resource...
Granite Creek assembles the catalyst-rich projects, scientific expertise to become a first mover in the geological hydrogen space. A belt of rocks spanning the Southeast Alaska Panhandle hosts at least a dozen prospects and deposits enriched with nickel, copper, and platinum group metals (PGM) needed for the energy transition. Could these projects also host hidden stores of geological hydrogen that could offer a clean-burning fuel for the 21st century? Granite Creek Copper...
Is ramping up underground development in preparation for restart of gold production. After raising approximately $37.4 million (C$26.6 million) in mid-November, Ascot Resources Ltd. has mobilized crews and equipment to resume underground mining toward the high-grade Premier-Northern Lights gold-silver deposits at the company's Premier project about 15 miles (25 kilometers) north of Stewart, British Columbia. Premier is home to a past-producing gold-silver mine that was last...
With a growing portfolio of critical mineral targets, company is poised to unlock new value alongside gold exploration efforts. Deeply invested in its robust gold assets, White Gold Corp. has also recognized that the presence of copper, molybdenum, tungsten, and other critical minerals within its property presents a significant opportunity that demands action. To unlock the full value of its emerging critical mineral targets, the company is exploring the idea of spinning...
Earthjustice files court petition contesting "substantially started" on behalf of SE Alaska and NW British Columbia conservation groups. Roughly a week after the Tsetsaut Skii km Lax Ha (TSKLH) First Nation filed a petition to challenge British Columbia's "substantially started" determination for Seabridge Gold Inc.'s KSM copper-gold mine project in Northern B.C., Ecojustice filed a similar petition on behalf of transboundary conservation groups in northwestern B.C. and Southe...
Honored for reclamation and cleanup efforts for two years running. For the second consecutive year, Snowline Gold Corp. has been awarded the Robert E. Leckie Award for Excellence in Environmental Stewardship. Presented by the Government of Yukon during the 2024 Yukon Geoscience convention in Whitehorse, this acknowledgment highlights the company's dedication to progressive reclamation and the cleanup of historical remnants near its flagship Rogue project. "We are grateful and...
Tsetsaut Skii km Lax Ha contends it was not adequately consulted prior to B.C. issuing "substantially started" status to Seabridge's proposed copper mine. The Tsetsaut Skii km Lax Ha (TSKLH) has filed a petition to challenge the British Columbia's "substantially started" determination for Seabridge Gold Inc.'s KSM copper-gold mine project in Northern B.C., a status that ensures that a previously approved environmental assessment certificate (EAC) remains in effect for the life...
One hole cut 223.5 meters of 11.5 g/t gold-eq at newest addition to company's DSO portfolio. Contango Ore Inc. Nov. 21 said the results from its inaugural drill program at Johnson Tract highlights the exceptional continuity of high-grade polymetallic gold mineralization within the JT Deposit on the company's newly acquired project about 125 miles southwest of Anchorage, Alaska. "The infill drilling serves as a reminder of the exceptional grade, continuity, and width of the JT...
High-grade ore from Manh Choh elevates gold output at Interior Alaska mine above 149,000 oz during Q3. Kinross Gold Corp. Nov. 6 reported that its Fort Knox Mine in Alaska produced 149,093 ounces of gold during the third quarter of 2024, which is more than double the 69,914 oz produced during the previous three-month period and the 71,611 oz produced during the third quarter of 2024. This significant jump in production at the iconic mine about 20 miles north of Fairbanks,...
Partnership outlines plans for sustainable development and regional growth at Pine Point. In a move set to reshape the economic landscape of the Hub of the North, Pine Point Mining Limited (PPML) and the Town of Hay River have signed a memorandum of understanding to advance the revival of the historic Pine Point zinc-lead project, establishing a framework for sustainable development and local opportunity in the Northwest Territories. Located along the southern shore of Great...
Acquisition comes with a high-grade, low-cost Mexico mine that is expected to boost Coeur's silver, gold, and cash production. In a deal that will elevate its silver production to roughly 21 million ounces per year and gold output to 432,000 oz/y, Coeur Mining Inc. has agreed to acquire SilverCrest Metals Inc. in an all-shares deal worth $1.7 billion. "The acquisition of SilverCrest creates a leading global silver company by adding low-cost silver and gold production and...
"In It For the Long Haul Backhaul Project" transports old appliances, electronics, batteries, and hazardous waste from Y-K Delta villages. In Alaska's urban centers, an old refrigerator, computer, or television is simply dropped off at a recycling center – and in many cases, the seller of your new appliance will cart away the old one for you. For remote Alaska villages that are hundreds of miles from the nearest recycling center, however, it is neither convenient nor e...
First Nation-leased solar powers Yukon mining project, reducing emissions and supporting local economic growth. In an effort to reduce emissions and enhance sustainability, Fireweed Metals Corp., Dena Nezziddi Development Corporation (DNDC), and Solvest Inc. have partnered to install a renewable power system at Macpass Camp, a move that advances clean energy integration at the Macmillan Pass (Macpass) zinc-lead-silver exploration project in Yukon, Canada. Based in Ross River,...
While construction and development remain on schedule, pre-production costs trend higher at B2Gold's gold mine project in Nunavut. With construction and development at Goose near completion and the final 2024 supply shipments expected to be offloaded by the end of the month, B2Gold's first mine to be developed on its Back River project in Nunavut remains on track to pour its first gold bar by mid-2025. The costs to get to the first gold pour at Goose, however, continue to...
Splits copper and zinc mines and exploration projects by North and Latin American regions; reorganizes executive team. Teck Resources Ltd. Sept. 1 restructured its business and executive management team to support its shift to a pure-play energy transition metals company focused on growth. This transition began with closing the sale of its steelmaking coal business to Glencore for $7.3 billion cash in July. With this sale, Teck's portfolio consists primarily of copper and...
Alaska Energy Metals has partnered with the Colorado School of Mines and Virginia Polytechnic Institute to answer that question. Alaska Energy Metals Sept. 18 announced that it has partnered with the Colorado School of Mines and Virginia Polytechnic Institute to determine how much carbon dioxide a mine at its Nikolai project in Alaska could capture and store while also providing a domestic supply of nickel, copper, cobalt, and platinum group metals (PGMs) for the energy...
Grid Connect Project aims to deliver affordable energy, unlocking potential for mining and economic development. The recent federal investment of C$60 million (US$44.2 million), including C$40 million (US$29.7 million) earmarked for connecting Yukon to the North American power grid, is being welcomed as a promising step toward addressing the territory's longstanding energy challenges, with local industries, particularly mining companies, seeing this infrastructure upgrade as...
With underground mine development running behind schedule, the company suspends gold recovery operations at the Northern B.C. mine. In a situation that is less than ideal for a junior mining company that is transitioning from exploration and development to gold producer, Ascot Resources Ltd. has suspended milling operations at Premier to focus on underground mining at its high-grade gold-silver project in Northern British Columbia. Located about 15 miles (25 kilometers) north...
Investments will support infrastructure for critical mineral projects in the Golden Triangle and the Yukon. Toward the goal of positioning Canada as a global leader in the production of minerals essential to the clean energy transition, Ottawa is investing C$60 million (US$44.2 million) in energy and transportation infrastructure in the Yukon and British Columbia's Golden Triangle. "These investments are needed to support critical minerals development in the region, improve co...
Second campaign expected to generate another 10,000 oz of gold for Contango Ore, which will fund other direct shipping ore mines in Alaska. After receiving roughly $32 million of gold and silver in August from the first direct shipping ore processed under its hybrid royalty model, Contango Ore Inc. reports that Kinross Gold Corp. is processing the second batch of high-grade ore from Manh Choh through the mill at its Fort Knox Mine north of Fairbanks, Alaska. "It is great to...
