The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1226 - 1250 of 3021
President, Sumitomo Metal Mining Pogo: Katsuya Tanaka Pogo General Manager: Chris Kennedy Pogo Geology Manager: Ken Puchlik Sumitomo Metal Mining Pogo LLC - a joint venture between Japanese firms Sumitomo Metal Mining Company (85 percent) and Sumitomo Corp. (15 percent) - is preparing to mine East Deep, a new zone of high-grade gold discovered in the shadow of the mill at the Pogo Mine in Interior Alaska. Since 2008, this high-grade underground mine, situated some 85 miles (137 kilometers) southeast of Fairbanks, has... Full story
TCK: NYSE/ TCK.B: TSX Chairman: Norman Keevil President and CEO: Don Lindsay Vice President of Exploration: Alex Christopher From grassroots discoveries to brownfields expansions, Teck Resources Ltd. is involved in a broad spectrum of exploration across Alaska, British Columbia and Yukon Territory. The Vancouver, B.C.-based mining company had drills turning at three copper-gold exploration projects in northwestern British Columbia during 2013. Galore Creek Mining Company, a 50-50 partnership between Teck and NovaGold...
UXU: TSX-V President and CEO: Jim McKenzie Chief Operating Officer: Ken Collison Vice President, Business Development: Mark MacDonald Ucore Rare Metals Inc. is finalizing the details of a plan of operations and feasibility study for the Bokan-Dotson Ridge rare earth element project on Prince of Wales Island in Southeast Alaska. In September, the company secured permits to drill 27 holes at Bokan, a program that includes infill and geotechnical drilling as well as the development of monitoring wells, generating valuable inform...
WMTN: OTC QB President and CEO: Gregory Schifrin Chief operations officer: James Baughman Since optioning the Terra Project from Corvus Gold Inc. in 2010, WestMountain Gold Inc. has been focused on the exploration and development of this high-grade gold project in Southwest Alaska. After completing the set-up of a pilot plant in 2012, WestMountain fed 23 metric tons of material through the two-metric-ton-per-hour mill at the end of the 2012 mining season. This sample of two vein-systems, Ben and Fish Creek, produced 75...
As I write this summary, the annual Alaska Miners Association Convention and Trade Show is right around the corner (Nov. 6-8). Despite the softening commodities prices and generally bearish sentiment expressed by the mining industry throughout the year, in the past month or so, I have seen a refreshing resurgence of that single-most important quality of the Alaska mining industry - optimism! Despite bankruptcies, mine closures, negative feasibility studies and the exodus from... Full story
With nearly five exploration seasons under its belt, Kaminak Gold Corp.'s Coffee Gold Project appears to be on the road to delivering on its potential as an emerging district-scale mining opportunity. Located in the White Gold district of west-central Yukon Territory, Coffee was optioned by Kaminak in 2009 from Yukon prospector Shawn Ryan. The company has explored the property every year since, and reported discovery of at least 11 gold zones. Kaminak CEO Eira Thomas said the fine-grained gold mineralization found at Coffee,...
From Kotzebue to Ketchikan, Alaska Industrial Development and Export Authority is using its financial muscle and its ability to build and operate large infrastructure projects to help mining companies overcome the challenges of developing the often remote mineral riches that the Last Frontier has to offer. "We are working with local communities and mine developers on infrastructure projects throughout Alaska, including port facilities and energy supply," said AIDEA external...
Global base metals consumption is divided into two sectors - China and the rest of the world. By 2017 China will consume more than half of the world's supply of base metals, the remaining 200 countries will make up the remaining 48 percent of the market, according to an October report published by Woods MacKenzie. "Today, the Rest of the World, excluding China, accounts for 54 percent of the global base metals market. However, as we're seeing with many other commodities,...
TerraX Minerals Inc. may have crafted the perfect gold exploration program to carry out during a capital-scarce down cycle. The Vancouver-based junior won a competitive bid in January to explore the gold-rich Northbelt claims, which consists of 121 leases totaling 3,562 hectares (8,802 acres) covering about 13 kilometers of strike along the prolific Yellowknife Belt, 15 kilometers (9 miles) north of the city of Yellowknife, Northwest Territories. The property was offered for sale by Samson Belair/Deloitte & Touche Inc.,...
Prowling through the Klondike gold fields with a knowledgeable driver is a little like traveling back in time. Thanks to rutted, dirt access roads, the bumpy ride takes hours as the SUV crawls past an extended parade of active and abandoned gold diggings and placer mining camps in central Yukon Territory. It is not difficult to envision the thousands of miners who streamed into this wilderness early in the last century to pan, dredge and dig up millions of ounces of gold, or the hardships they must have endured along the... Full story
Explorers chasing mineral deposits in British Columbia, Yukon Territory and Alaska are routinely getting expert assistance with their projects from researchers at the Mineral Deposit Research Unit of the University of British Columbia in Vancouver. A collaborative venture between the mining industry and UBC, the unit was established in 1989 with support and financial assistance from the mining industry and the Natural Sciences and Engineering Research Council of Canada. The unit is an integrated geologic and geophysical...
The lithium-ion battery, power source of the burgeoning electric and hybrid vehicle market, is one of a number of high-technology applications that need healthy doses of graphite. Yet the United States lacks a domestic mine producing this industrial mineral that has gotten a high-tech makeover. The Graphite Creek project in western Alaska, however, hosts one of the largest graphite resources on the planet, a repository that Graphite One Resources hopes to develop into a major global supply of this carboniferous material....
The United States Forest Service has given Ucore Rare Metals Inc. the green light to complete a field program that will generate the data engineers need to complete a plan of operations and feasibility study for the Bokan-Dotson Ridge rare earth element project on Prince of Wales Island in Southeast Alaska. Ucore plans to deliver these advanced engineering studies to the U.S. Forest Service, providing the regulatory agency with the information to initiate a National Environmen...
Having enjoyed one of the warmest and driest summers on record, most of Alaska is now paying the piper as unseasonably cold and in many areas, snowy, weather takes hold of the state. With the termination dust come news that is both good and bad, a common theme in what is turning out to be a year of significant cutbacks for exploration, development and production plans. Earlier in 2013, I summarized the expected decrease in exploration expenditures this year. Now that the bulk... Full story
In August, according to all indications, the U.S Environmental Protection Agency Environmental Crimes Task Force conducted a series of raids on placer mining operations along the Fortymile River under extremely unusual and questionable circumstances. Despite the reticence of the agency to be forthcoming, these actions bear all the earmarks of an abuse of discretion by the Agency and beg for public scrutiny. The undisputed facts indicate that sworn EPA officers appeared fully... Full story
The U.S, Forest Service Sept. 6 agreed to allow Hecla Mining Co. to expand its tailings facility at the Greens Creek Mine located in the Tongass National Forest in Southeast Alaska, but only by a fraction of what the silver mining company requested. This middle-of-the-road decision underscores the challenges of managing the integrity of the United States largest forest, protecting the salmon and other habitat found there; while allowing local residents, Alaska and the nation... Full story
Young people working on mining projects in Yukon Territory are nothing new. But young people in charge, running the show at some of the most exciting mining projects in Canada's Far North? That's different and was noticeable in several camps during the 2013 field season. Whether in grassroots exploration, at advanced projects or in producing mines, a new generation of 30-something and even younger professionals, appears to be taking the lead in the Yukon. The trend even extends beyond mining to government, where Currie... Full story
Kennady Diamonds Inc. is wrapping up what its management describes as a very successful 2013 exploration season at its Kennady North Project located immediately north and west of the Gahcho Kué Joint Venture where De Beers Canada (51 percent) and Mountain Province Diamonds Inc. (49 percent) in Northwest Territories about 280 kilometers (174 miles) east-northeast of Yellowknife. The Gahcho Kué JV is currently working to develop the world's largest and richest diamond mine. The 13 leases and claims covering about 12,356 h...
An exploration gamble undertaken in southern Nunavut in late 2010 by Northquest Ltd. is proving to be a good bet. The Toronto-based junior Sept. 4 reported results from three holes drilled in the Vickers Target on the Pistol Bay Gold Project in Nunavut, including 158.4 meters averaging 3.46 grams per metric ton gold from 9.95 meters depth in hole PB-13-03. Two intervals of high-grade mineralization were encountered including 16 meters averaging 9.47 g/t gold at 17.51 meters depth and 18 meters averaging 11.33 g/t gold at...
After spending more than half a billion dollars to take the Pebble Project to the cusp of permitting, Anglo American plc has pulled out of The Pebble Limited Partnership, an alliance it forged six years ago with junior Northern Dynasty Minerals Ltd. to gain a 50 percent stake in one of the largest copper-gold-molybdenum deposits on the planet. According to the most recent published resource estimate, Pebble contains 80.6 billion pounds of copper, 107.4 million ounces of gold...
Like many ideas conceived on the back of napkin, the hottest new mineral exploration innovation sweeping exploration camps in Yukon Territory this field season might have languished for years in a desk drawer, if not for the innate talent and tenacity of a young entrepreneur who came to Canada's North country from Ontario eight years ago and stayed on to make his home in the Yukon. The innovation, called "Geoprobe," is a small, track-mounted hydraulic drill designed to take soil and rock-chip samples from the soil-bedrock... Full story
A new preliminary economic assessment has stripped away the idea of underground mining as the only means to recover the copper, zinc, lead, silver and gold from the volcanogenic massive sulfide deposit at the Arctic deposit. Instead, the scoping study has encouraged NovaCopper Inc. to favor an open-pit mine scenario as it advances the Northwest Alaska project towards a pre-feasibility study. "We think this (PEA) demonstrates that the open-pit is a viable alternative; and I...
This month's mining news is a smorgasbord to delight the appetites of explorers, developers and miners alike. We had quarterly reports out from Teck, Kinross, Hecla and Coeur d'Alene discussing their respective results from operating mines around the state. We had one preliminary economic analysis by NovaCopper on its Arctic massive sulfide project and one feasibility study announced by International Tower Hill Mines Ltd. on its Livengood gold project. We had Freegold and... Full story
A substantial amount of mining activity continued apace in Yukon Territory this season even though most mining companies are shying away from the anorexic capital markets. Many exploration companies raised funds in other ways, turning out their pockets to return to Yukon in 2013 to explore for Carlin-style gold mineralization in the east-central region of the territory, for more gold-bearing structures in the White Gold and Klondike districts to the west and for other styles and types of mineralization elsewhere in the territ...
While explorers in eastern Yukon Territory were taking time to understand their properties this season, the few companies working projects in the White Gold and Klondike districts to the west seemed to be pursuing their targets with the same urgency as companies exhibited in prior years. This year, however, the juniors chasing gold prospects in the area were trying to get as much done as possible while spending the least amount of money. Hampered by a prolonged capital drought in the industry, most of these companies eagerly...
