The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1051 - 1075 of 3020
Nunavut's landmass, including the internal waters and offshore lands as legislated by the "Nunavut Act," occupies roughly a quarter of Canada's land mass. With such a large amount of land and unexplored territory, there is a strong promise of abundant resources yet to be discovered. At present, at least half of Nunavut is unmapped at a detailed scale and geologically, is poorly understood. However, both the Government of Canada and Government of Nunavut are investing in geological mapping. This process allows Nunavut to compe...
Mineral exploration activity is holding its own in Nunavut this year, despite a tough funding environment and stiff competition from other attractive mining jurisdictions around the world. Although the Far North territory has only one operating mine, Meadowbank, at least eight mineral projects are currently hurtling through development and the permitting process on their way to production. Of these, two projects - one gold and one iron - have project certificates, and six projects are progressing through the environmental...
boZ: TSX-V President and CEO: Benjamin Mossman Chairman: Wolfgang Nickel Chief Geologist: Dirk Meckert Banks Island Gold Ltd. is on the cusp of transitioning from explorer to producer. Organized in 2010 by partners Ben Mossman and Jason Nickel, Banks Island is already enjoying income from gold recovered from bulk sampling the high-grade Bob zone at its Yellow Giant gold-silver property on Banks Island. From the first shipment of gold concentrates from the bulk sample program in February through June 10, the company reports th...
CZX: TSX-V Chairman, President and CEO: Peeyush Varshney Vice President Exploration: Ken MacDonald Director: Henry Giegerich Canada Zinc Metals Corp. is focused on exploring a band of zinc-lead-silver properties that blankets 79,870 hectares (197,359 acres) of the Kechika SEDEX belt in northeastern British Columbia. The company has divided this land package into two projects - Akie, which hosts the Cardiac Creek deposit, and the Kechika regional properties, a series of property blocks that extend about 140 kilometers (85...
From expanding reserves at its proposed Meliadine gold mine to early-stage exploration at an enticing gold discovery a few miles up the road from its Meadowbank Mine, 2014 is emerging as a year marked with exciting growth for Agnico Eagle Mines Ltd. In addition to growth through the bit of a drill, Agnico expanded its reserves and production profile through acquisitions. In June, the producer and Yamana Gold Inc. finalized the purchase of Osisko Mining Corp. Agnico and Yamana...
Unlike its neighbors in the North, the Yukon Territory is forecasting a marked increase in exploration in 2014. While well shy of the roughly C$300 million invested in exploration in 2011, the peak of the modern Yukon gold rush, the C$65 million forecast to be invested on exploration in the Yukon during 2014 is roughly a 45 percent leap over last year. This exploration spending is dominated by an aggressive drill program at the Selwyn zinc project, situated in an area of...
czn: TSX chairman, President and CEO: John Kearney Vice President, Exploration and coo: Alan Taylor Vice President, permitting and environmental affairs: David Harpley Canadian Zinc Corp. has permits in hand and the majority of the required infrastructure in place to put the Prairie Creek Mine into production, positioning this project to stream some 76 million pounds of zinc, along with 90 million pounds of lead and 2.2 million ounces of silver, per year into global markets. Located in the South Mackenzie Mountains of...
Over the past five years, Kaminak Gold Corp. has rocketed the Coffee project from Yukon Territory's other White Gold property to an expansive set of gold deposits on pace to be the first of the Shawn Ryan discoveries to be developed into a mine. A preliminary economic assessment published in June envisions an open-pit mine and heap-leach facility producing an average of 167,000 ounces of gold annually over the life of mine at an all-in sustaining cash cost of US$688 per... Full story
CXM: TSX-V President and CEO: Jevin Werbes Vice President, Exploration: Jeff Poloni Director: Chris Healey, P.Geo Carmax Mining Corp.'s exploration program at the Eaglehead copper-gold property was bolstered by financial and technical support from Copper Fox Metals Inc. In May, Northern Fox Copper, a wholly owned subsidiary of Copper Fox, bought 20 million units of Carmax at C5 cents per unit. This investment provided Northern Fox with a 42 percent equity interest in Carmax, a stake the company maintained by purchasing anothe... Full story
CDE: NYSE President and CEO: Mitchell Krebs Chairman: Robert Mellor VP, Exploration: Hans Rasmussen Coeur Mining Inc. allocated roughly US$25 million for exploration in 2014, substantially lower than the US$40 million budgeted for 2013 and around 26 percent lower than the US$34 million actually spent on exploration last year. Despite the overall cuts to exploration budgets, Coeur's Kensington gold mine in Southeast Alaska was allotted US$6.2 million, or about a quarter of the companywide budget. Kensington's healthy share of... Full story
CXO: TSX-V President and CEO: Adam Travis Executive Chairman: Larry Nagy Vice President, Exploration: Greg Dawson Colorado Resources Ltd. had drills turning two copper-gold properties in northern British Columbia and geologists identifying targets for potential future drilling at a third. In January, Colorado reported the result of an inaugural NI 43-101-compliant resource estimate for its North ROK project located 15 kilometers (nine miles) northwest of Imperial Metals' Red Chris copper-gold mine project. At a 0.20 percent...
DV: TSX-V President and CEO: George Heard Chairman: John King Burns Vice President, Exploration: Ron Nichols Dolly Varden Silver Corp. started 2014 by prioritizing drill-ready targets at the company's Dolly Varden property, located 26 road-kilometers (16 miles) from the community of Alice Arm in northwestern British Columbia. An early season geophysical program helped identify targets within three corridors: Torbrit-Red Point, an Eskay-Creek style target; Musketeer, which has numerous silver-rich epithermal vein-type...
DDC: TSX / NYSE Chairman and CEO: Robert Gannicott Chief Operating Officer: Chantal Lavoie Executive Vice President, Community Affairs: Brendan Bell Dominion Diamond Corporation mines rough diamonds at the Ekati and Diavik mines, both located in Northwest Territories about 300 kilometers (190 miles) north of Yellowknife. The company operates the Ekati Diamond Mine through an 80 percent ownership of the project's Core zone as well as a 58.8 percent ownership in the Buffer zone. In July, Dominion Diamond Corp. announced that th... Full story
TSX: FVL President and CEO: Kristina Walcott Vice President, Exploration and Development: Alvin Jackson Freegold Ventures Ltd. has a portfolio of four gold exploration properties in Alaska. In recent years, the company has focused its exploration primarily on Golden Summit, a 6-million-ounce bulk-tonnage gold project located roughly 20 miles (32 kilometers) northeast of Fairbanks and four miles (seven kilometers) from Kinross Gold Corp.'s Fort Knox Mine. The Dolphin-Cleary zone at Golden Summit has an indicated resource of... Full story
GPH: TSX.V Executive Chairman: Doug Smith President and CEO: Anthony Huston General Manager, Operations: David Hembree Graphite One Resources Inc. is focused on advancing the Graphite Creek project in western Alaska to production as quickly as possible. Over the previous two years, the company has drilled 28 holes which have resulted in an inferred resource of 186.9 million metric tons grading 5.5 percent graphite. The current deposit represents drilling along less than 30 percent of an 18-kilometer- (11.2 miles) long... Full story
HL: NYSE President and CEO: Phillips Baker Jr. Chairman: Ted Crumley Senior VP, Exploration: Dean McDonald Idaho-based Hecla Mining Co. is the largest primary silver producer in the United States and is a growing gold producer. The company operates the Greens Greek silver mine in Southeast Alaska, the Lucky Friday silver mine in Idaho and the Casa Berardi gold mine in Quebec. Hecla planned to invest US$21 million for exploration and pre-development in 2014. This spending is focused primarily at its three operations and San Se... Full story
KGC: NYSE / K.TO: TSX Chairman: John Oliver Chief Executive Officer: Paul Rollison Chief Operating Officer: Warwick Morley-Jepson Kinross Gold Corp. continues to carry out robust exploration at and around its Fort Knox gold mine in Interior Alaska, while quietly investigating other prospects around the state. When Kinross began mining at Fort Knox in 1996, the deposit had 4.1 million ounces of proven and probable gold reserves; going into 2014 the mine continues to boast 2.86 million ounces of gold contained in 183.11... Full story
MCK: TSX.V President: Jean Pierre Jutras Chief Financial Officer: Douglas Porter Secretary: Barbara O'Neill Manson Creek Resources Ltd. holds a portfolio of early-stage mineral exploration projects in Yukon Territory, Northwest Territories and British Columbia. The company's primary focus in 2014 is its Guaman project (Tell property), located about 140 kilometers (87 miles) northeast of Mayo, YT. Manson Creek staked the Tell property in 2002 but has only carried out three short field programs on the property. Surface...
MRO: TSX.V President and CEO: Gregory Beischer Chief Exploration Officer: Philip St. George Executive Vice President: Sarah Whicker Millrock Resources Inc. identifies and acquires grassroots mineral prospects and then seeks joint venture partners to help fund the exploration. This project generator model lessens the company's need to raise money in the markets, minimizes the risks involved with grassroots exploration and exposes shareholders to a large amount of exploration expenditure per dollar invested. Since its...
HKG: 1208 Chief Executive Officer: Andrew Michelmore Executive General Manager, Exploration: Steve Ryan Principal Geologist, Americas: Katherine Smuk Headquartered in Melbourne and listed on the Hong Kong Stock Exchange, MMG Ltd. continues to advance its Izok Corridor and Hood zinc-copper projects in Nunavut and to complete early-stage exploration at its Nikolai nickel project in Alaska. The Izok Corridor project includes the High Lake and Izok volcanogenic massive sulfide deposits. Izok has a mineral resource of 15 million...
MPV: TSX / MDM: NYSE Chairman: Jonathan Comerford President and CEO: Patrick Evans Mountain Province Diamonds Inc. is an exploration company hoping to transition to diamond miner upon a 2016 start-up at the Gahcho Kué project located about 300 kilometers (186 miles) northeast of Yellowknife, Northwest Territories. Gahcho Kué, a joint venture between De Beers Canada (51 percent) and Mountain Province Diamonds (49 percent), is anticipated to produce 53.4 million carats of diamonds over a 12-year mine-life, according to an u...
NHK: TSX.V Chief Executive Officer: David Wiley Chief Geologist: Michael Byron Nighthawk Gold Corp. budgeted C$7.5 million for a 2014 exploration program at its 229,791-acre (92,993 hectares) Indin Lake gold property, located 220 kilometers (137 miles) north of Yellowknife, Northwest Territories. This large land package blankets a number of gold deposits, including the historical Colomac open pit mine, which produced 527,908 ounces of gold during the 1990s. The Colomac portion of the larger Indin Lake property hosts five...
NAR: TSX.V Chairman: D. Grenville Thomas President and CEO: Ken Armstrong Advisor: Eira Thomas North Arrow Minerals Inc. has seven diamond exploration projects in Canada - Qilalugaq, Mel and Luxx in Nunavut; Lac de Gras and Redemption in Northwest Territories; Pikoo in Saskatchewan; and Timiskaming in Ontario. Located on the Melville Peninsula, Qilalugaq encompasses Q1-4, considered to be the largest known kimberlite in the eastern Canadian Arctic. In 2013, North Arrow confirmed an inferred resource for the Q1-4 kimberlite...
NQ: TSX.V CEO: Jon North Chief Financial Officer: Carmelo Marrelli Vice President, Exploration: Dwayne Car Northquest Ltd. is focused on seeking gold and other metals in geological terranes that have not reached geological maturity, such as its Pistol Bay gold project in Nunavut. This 861-square-kilometer (332 square miles) property covers 90 kilometers (55 miles) of the Pistol Bay Trend, a west-trending series of surface gold occurrences and zones that runs parallel to, and 80 kilometers (50 miles) south of, the Meliadine...
NCQ: NYSE/TSX Chairman: Thomas Kaplan President and CEO: Rick Van Nieuwenhuyse Project Manager, Upper Kobuk Mineral Project: Scott Petsel NovaCopper Inc. has nearly reached its preliminary goal of defining 10 billion pounds of high-grade copper at the Upper Kobuk Mineral Projects, a long-term partnership between NovaCopper and NANA Regional Corp. The alliance combines Bornite and a number of other mineral prospects on NANA-owned lands with the world-class Arctic deposit and dozens of similar volcanogenic massive sulfide...
