The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 26 - 50 of 3018
Northern Dynasty exec says both federal agencies rely on the other's "factually unsupported assertions" to support politically motivated denials of copper mine permits. Believing that the future of the Pebble Mine project is being held back by two federal agencies leaning on each other's "factually unsupported assertions," the Pebble Limited Partnership has filed a motion in federal district court to include the U.S. Army Corps of Engineers (USACE) into its lawsuit against... Full story
Cyanide contamination confirmed; First Nation demands mining moratorium; government mandates urgent measures for Victoria. The collapse of the heap leach pad at Victoria Gold Corp.'s Eagle Gold mine has significantly shifted Yukon's environmental and political landscape. Recent updates from the Yukon Energy, Mines and Resource Minister John Streicker July 11 provided new details on the extent of the impact and outlined urgent measures being taken to address the fallout from... Full story
Governments commit C$195 million to improving highway infrastructure in critical minerals-rich Northern BC. Heralded as a win for First Nations residents and the mining industry in Northern British Columbia, the federal and provincial governments are investing C$195 million (US$142.6 million) to upgrade highway infrastructure in the critical minerals-enriched Golden Triangle. "The Northwest BC Highway Corridor Improvements Project will benefit a critical mineral region and...
Clean energy will reduce emissions at Diavik Diamond Mine in its remaining years. After little more than half a year since announcing plans to build the largest solar power plant in Canada's remote north, Rio Tinto reports the completion of its 3.5-megawatt solar facility at the company's Diavik diamond mine in Northwest Territories, Canada. Nearly six months after the February start of construction, this significant project has reached completion and is ready to enhance the m...
Marks first time ever that U.S. and Canadian governments co-invest in development of North American critical mineral projects. The U.S. Department of Defense (DOD) and Natural Resources Canada (NRCan) are investing a combined $12 million into establishing a vertically integrated critical minerals supply chain in Canada that includes a mine at Fortune Minerals Ltd.'s NICO cobalt-gold-bismuth-copper project in Northwest Territories and associated hydrometallurgical refinery in...
Western Copper and Gold inches toward startup at its giant Casino copper porphyry deposit as others advance earlier stage projects. While one would-be miner in Canada's Yukon Territory guides its giant copper project toward development, several juniors – ranging from newcomers to more established players – are picking up the pace in the search for other rich deposits of the red metal. Western Copper and Gold Corp. is marking its 16th year of working to develop its huge Cas...
In the meantime, Joe Ovsenek-led P2 Gold will head the 2024 exploration at Eskay Mining's property in the heart of B.C.'s Golden Triangle. In a deal that will see former Pretium Resources President and CEO Joe Ovsenek returning to British Columbia's Golden Triangle, Eskay Mining Corp. and P2 Gold Inc. have entered into a preliminary deal to merge the two gold-focused exploration companies. Eskay Mining is exploring the Eskay-Corey (formerly Consolidated Eskay) project in North...
Kinross and Contango celebrate the pouring of first bar from gold project that boosts Fort Knox production, elevates junior to producer status. FORT KNOX MINE, ALASKA (July 8, 2024) – On a momentous occasion for both companies, Kinross Gold Corp. and Contango ORE Inc. celebrated the pouring of the first gold bar from the Manh Choh project in Alaska. Being operated under a joint venture between Kinross (70%) and Contango (30%), Manh Choh is a high-grade gold project on lands o... Full story
Anchored by five royalties contributed by Nisga'a Nation in Northern BC, Nations Royalty is world's first Indigenous-owned metals royalty firm. The June 20 listing of Nations Royalty as an investment company on the TSX Venture Exchange was a milestone that will likely forever change the mining landscape in Canada and beyond. Born out of the vision of mining magnate Frank Giustra, a First Nations-to-mining bridge brought to the table by lifelong Northern British Columbia...
DAWSON CITY, YUKON (June 24, 2024) – Victoria Gold Corp. has reported a collapse of the heap leach pad at its Eagle Mine north of Mayo, Yukon. Photos posted by Yukon News around noon local time shows a partial collapse of the heap leach pad, which is constructed on a hillside to hold mine ore so that the gold can be dissolved with a cyanide solution for recovery. Victoria Gold President and CEO John McConnell, who was in attendance at the Yukon Mining Investment Conference i... Full story
HighGold shareholders overwhelmingly vote in favor of joining Alaska's next gold-producing company. In an embrace of Contango ORE Inc.'s unique vision of transforming high-quality projects into Alaska's next gold mines, HighGold Mining Inc. shareholders nearly unanimously approved a deal to merge with the Alaska-based gold company. During a special meeting held on June 27, 93.7% of HighGold shareholders approved the proposed merger with Contango. "We are very pleased to have t... Full story
Inaugural resource is from Snowline's first two years of drilling; this year's program aims to grow the Yukon deposit, test new prospects. After just two seasons of drilling, Snowline Gold Corp. has reached a significant milestone with the unveiling of a multi-million-ounce gold resource for the Valley deposit on the company's Rogue property in the Yukon Territory. Exploring seven prospective targets across the Yukon, Snowline's portfolio is split between its flagship Rogue,...
High-grade REE concentrate previously destined for China is now on its way to Saskatchewan for further processing. As home to the first rare earths mine in Canada, Vital Metal Ltd.'s Nechalacho project in Northwest Territories grabbed national headlines as the initial link of a burgeoning rare earth supply chain that would be completely independent of China. With this being hailed as a major milestone for Canada and its allies, Vital's announcement late last year that it...
Returns to a Yukon property with the same advantageous nickel mineral as is found at its Baptiste project in B.C. FPX Nickel Corp.'s search for a unique mineral that offers a cleaner source of the nickel that is in high demand due to its use in lithium-ion batteries has led the company back to Canada's Yukon. FPX is best known for its work at Baptiste, an advance-staged exploration project in central British Columbia that shows the potential of being a significant future...
Northern territory's highly prospective Thelon Basin attracts uranium-hungry investors, veteran explorers, and hopeful newcomers. As the transition to carbon-free and renewable energy gains momentum, worldwide demand for nuclear power is increasing and with it has come a surge in uranium mining. 2023 was a banner year for uranium, as it outperformed most commodities. This year could bring more of the same, according to analysts at Bank of America. Though uranium prices have...
Aerial robots quickly and safely deliver detailed maps of Northern Star and Agnico Eagle's underground mines in Alaska and Nunavut. From providing an advantageous survey of mines and mineral exploration sites from the sky above, to autonomously mapping the depths of underground operations, drones are playing an increasingly important role in safe and efficient mining around the world. Two companies with gold mining operations at opposite ends of the North of 60 Mining News... Full story
BHP backed drill program is focused primarily on testing new porphyry copper-gold targets. Brixton Metals Corp. has launched a 12,000- to 17,000-meter drill program focused on testing several porphyry copper-gold targets across its 2,863-square-kilometer (1,105 square miles) Thorn project in Northern British Columbia. Having successfully completed an oversubscribed C$14.5 million (US$10.6 million) financing in November that included the participation by BHP Group, which holds...
Panther Minerals takes fresh look at Boulder Creek as a potential source of fuel for zero-carbon nuclear energy. With global leaders pledging to triple worldwide nuclear energy generating capacity by 2050 during the United Nations Climate Change Conference (COP28) and the United States banning the imports of uranium from Russia, companies are scouring the globe for this zero-carbon energy fuel. This search includes Panther Minerals Inc.'s upcoming exploration of the Boulder... Full story
Mining executives rank Alaska, Yukon, B.C., NWT, and Nunavut high on mineral potential; mining policy issues, however, weigh on "Investment Attractiveness Index" in latest Fraser Survey. While global mining executives ranked Alaska, British Columbia, Northwest Territories, Nunavut, and Yukon in the top 20 when it comes to mineral potential, a not-so-favorable view on mining policy weighs on the investment attractiveness index of all these North of 60 Mining jurisdictions in... Full story
From 25% tariffs on graphite imports from China to mining being eligible for $72B in clean energy loans, Alaska project gets good news from DC. Graphite One Inc. President and CEO Anthony Huston was among a select group of industry leaders in attendance when President Joe Biden rolled out his plan to levy heavy tariffs on a wide range of goods from China, including natural graphite. "I was honored to represent everyone at Graphite One in the meeting with President Biden,"... Full story
Mining companies say provincial order is final nail in the coffin for the NW BC jade industry. British Columbia has banned any new jade mines in the northwestern corner of the province and has given companies mining this semi-precious stone in the area a five-year window to wind down operations. Provincial concerns over jade mining in northwestern B.C. began after receiving a 2020 letter from the Tahltan Central Government demanding the government take immediate steps to shut...
Company now expects to pour first gold in Q2 2025; is recalculating total development costs for mine. With mining falling slightly behind schedule, B2Gold Corp. now expects to pour the first gold at the Goose mine on its Back River project in Nunavut sometime during the second quarter of 2025, slightly behind the first quarter start originally anticipated. The company, however, also reports that its winter ice road project to deliver equipment, fuel, and supplies was a...
Northwest Alaska Native corporation disengages from proposed road; will continue to defend right to build future road to the Ambler Mining District. The Ambler Road suffered another setback with NANA Regional Corporation's decision to withdraw its involvement with the proposed 211-mile industrial access to the mineral-rich Ambler Mining District within the NANA region of Northwest Alaska. NANA, which owns lands within the Ambler District enriched with copper, cobalt, and...
Buyout will bring Johnson Tract into Contango Ore's pipeline of high-quality Alaska gold mine projects. In a deal that brings three high-quality Alaska gold projects into a single portfolio, Contango ORE Inc. has entered into a definitive agreement to acquire HighGold Mining Inc. in an all-shares deal valued at roughly $37 million (C$55 million). "The combination of HighGold and Contango makes a tremendous amount of strategic sense for both sets of shareholders – it is a t... Full story
Meliadine and Amaruq produce 223,500 oz gold; company encouraged by Hope Bay drill results. For Agnico Eagle Mines Ltd., the remote but highly mineralized territory of Nunavut offers high rewards, as long as the high risks that come with building and operating mines in Canada's remote North are managed. Given the nearly 900,000-ounce-of-gold-per-year pace of production at its Meliadine and Amaruq mines so far this year, coupled with new gold discoveries that bode well for its...
