The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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Donlin Gold LLC partners Novagold Resources Inc. and Barrick Gold Corp. are more than 8,650 meters into a 20,000-meter drill program that will likely provide the final data needed for an optimized plan for a mine at the 39-million-ounce gold project in Southwest Alaska. "After the 2021 drill season, we anticipate that, on the completion of the updated geologic model and, subject to a formal decision by the Donlin Gold LLC Board, we will turn our attention to the upcoming...
In a deal that is expected to lower costs and improve safety for two companies with exciting projects at the heart of British Columbia's Golden Triangle, Seabridge Gold Inc. and Eskay Mining Corp. have agreed to share the C$12-million cost of building nine kilometers (5.6 miles) of road that will extend onto Eskay Mining's exploration property. Branching off the road that provides access to Skeena Resources Ltd.'s Eskay Creek gold-silver mine project, this will be the first...
After raising C$10 million earlier this year, Graphite One Inc. is collecting the final bits of data needed for a prefeasibility study that details the company's vision to establish a United States supply chain for the coated spherical graphite used as an anode material in the lithium-ion batteries that power electric vehicles and store intermittent renewable energy. The first segment of this supply chain is the world-class Graphite Creek mine project about 35 miles north of...
A new Australian company has entered the Alaska gold exploration scene with a deal to acquire Monte Cristo, a 125-square-mile (324 square kilometers) underexplored project in the Kahiltna Terrane area. Consisting of 500 state mining claims, Monte Cristo covers a 35-mile-long (55 kilometers) under-explored stretch of Southcentral Alaska east and south of two projects with multi-million-ounce gold resources – GoldMining Inc.'s Whistler gold-silver-copper project and Nova M...
On June 28, First Nations mining contractor Nahanni Construction Ltd. dug a scoop of ore from the North T open pit at Vital Metals Ltd.'s Nechalacho project in Northwest Territories that marked a momentous milestone – Canada is now a rare earths-producing nation. This first REE ore mined at Nechalacho comes just two years after Australia-based Vital came up with a unique plan to take advantage of relatively small but high-grade mineralization coming to the surface at the p...
A fleet of battery-powered Sandvik Z50 electric haul trucks charged with hydroelectric power will be hauling high-grade gold ore at Pretium Resources Inc.'s Brucejack Mine in Northern British Columbia. "Replacing our diesel-fueled fleet with zero-emissions electric haul trucks delivers significant environmental benefits and extends the advantages from our use of low-carbon hydro-electric power at Brucejack," said Pretium Resources President and CEO Jacques Perron. This...
Less than two months after ending its plans to merge with Viva Gold Corp., Golden Predator Mining Corp. has cut a deal to join forces with another junior advancing a gold mine in America's Southwest. In a deal announced on June 28, Golden Predator plans to merge with Arizona Gold Corp. to create Sabre Gold Corp., an emerging North American gold producer with the fully permitted Copperstone gold mine in Arizona and the past-producing Brewery Creek gold mine in Canada's Yukon....
The greatly expanded deposit at Western Copper and Gold Corp.'s Casino project in the Yukon would support an economically robust mine capable of producing an average of 178 million pounds of copper, 231,000 ounces of gold, 1.36 million oz of silver, and 16.6 million lb of molybdenum per year over an initial 25-year mine life. This is according to a preliminary economic assessment released on June 22 that outlines a 120,000-metric-ton-per-day milling and 25,...
White Gold Corp., one of the most active mineral exploration companies in Canada's North in recent years, is taking a closer look at Nolan, a property found in Yukon's fabled Sixtymile area near the Alaska border. Here, eager prospectors have pulled gold from the region's creeks and streams since the precious metal was first discovered in the region in 1884. White Gold is betting throngs of prospectors who scoured the area during the past 136 years left a lot of gold behind. T...
After raising C$3.5 million in May, Tectonic Metals Inc. is gearing up for the start of its 2021 exploration in Alaska, which will be anchored by oriented core drill programs at its Tibbs and Seventymile gold projects. "It's time! The old saying, 'If you're not drilling, you're not finding gold' could not be more fitting right now for Tectonic," said Tectonic Metals President and CEO Tony Reda. "Our recent capital raise brought in additional sophisticated shareholders to...
Alaska's Department of Environmental Conservation has upheld a certification of reasonable assurance that the proposed Donlin Gold Mine in western Alaska will comply with the state's water quality standards. Donlin Gold LLC – a joint venture partnership owned equally by Barrick Gold Corp. and Novagold Resources Inc. – applied for the federal permits to develop a mine at the 39-million-ounce Donlin Gold deposit in 2012. Following a six-year permitting process under the Nat...
The formation of bonanza-grade gold veins like those running through the ore at Pretium Resources Inc.'s Brucejack Mine in Northern British Columbia, Canada has long baffled scientists. Given the time it would take the mineralizing fluids carrying minute concentrations of gold to form the thick veins of the precious metal, they simply should not exist. Yet, these seemingly impossible ultrahigh-grade seams of gold are found at places like Brucejack, Ballarat in Australia,...
Ambler Metals LLC's US$27 million work program slated for the Upper Kobuk Mineral Projects in Northwest Alaska includes 14,600 meters of drilling directed at a wide variety of targets, from condemnation drilling where the company plans to build the processing plant and tailings facility at the Arctic Mine project to exploring for new deposits of carbonate-hosted copper-cobalt mineralization in the Cosmos Hills. Trilogy Metals Inc. and South32 Ltd., equal owners of the Ambler...
Fed up with the Discovery Channel show "Jade Fever" glorifying what it considers irresponsible and disrespectful mining practices in the territory of the Tahltan First Nation people it represents, Tahltan Central Government is demanding that the producer suspend airing the "reality show." Having recently launched its seventh season on Discovery Channel Canada, Jade Fever follows a family-run mining operation that extracts jade from placer and hard rock deposits in the Cassiar...
With a strong gold production at Fort Knox, the start of development at the Gil-Sourdough satellite pits, and the programs aimed at Manh Choh into production by 2024, Kinross Gold Corp. got off to a busy start to 2021 in Alaska. During the first three months of 2021, the company's Fort Knox Mine north of Fairbanks produced 55,815 ounces of gold, which is slightly less than the 57,523 oz produced during the previous quarter but roughly 8% higher than the 51,667 oz of gold...
After setting a company record for exploration spending during 2020, Coeur Mining Inc. is on pace to set the bar even higher this year. "We are carrying out our most active exploration campaign in Coeur's history with up to 22 drill rigs deployed across six sites, with positive results rolling in on a regular basis," said Coeur Mining Vice President of Exploration Hans Rasmussen. Through the first four months of 2021, these rigs completed roughly 103,750 meters of drilling, a...
Ucore Rare Metals Inc. believes the Biden administration's newly announced strategy to strengthen America's supply chains aligns with its own vision to disrupt China's dominance of the rare earth elements supply chain in the United States. "We are very pleased with the White House's concern for REEs and its efforts to spur the domestic production of critical materials," said Ucore Rare Metals Chairman and CEO Pat Ryan. Based on the feedback from a 100-day American supply...
Rio Tinto Canada Inc. is investing C$25.6 million (US$21.2 million) to acquire a roughly 8% stake in Western Copper and Gold Corp. and a foothold in the exploration company's Casino copper project in Canada's Yukon. "The investment by Rio Tinto, a leading global mining group which operates in 35 countries around the world, and whose purpose is to produce the materials essential to human progress is a strong endorsement of the Casino project," said Western Copper and Gold...
With the completion of the buyout of GT Gold Corp., Newmont Corp. has bolstered its portfolio of copper-gold projects in British Columbia's Golden Triangle. "With the acquisition of GT Gold and the Tatogga project in the highly sought-after Golden Triangle district of British Columbia, Canada, Newmont continues to strengthen our world-class portfolio," said Newmont President and CEO Tom Palmer. Newmont first grabbed a solid foothold in the Golden Triangle with the 2018...
Coeur Mining Inc. is investing roughly US$117.2 million (C$141.7 million) to acquire a 17.8% interest in Victoria Gold Corp. and its Eagle Gold Mine in Canada's Yukon – a foothold that could see the Chicago-based miner gaining a much larger position in a northern gold mine it has been keeping an eye on. "We have long admired the quality of Victoria's Eagle asset and its recent success in ramping up operations," said Coeur Mining President and CEO Mitchell Krebs. Victoria t...
Advancing at a pace not typically seen in the mining industry, Australia-based Vital Metals Ltd. has surpassed several milestones during the first quarter of 2021 toward its goal of producing rare earth oxides from its Nechalacho project in Northwest Territories by mid-year. "Vital Metals is on its way to becoming Canada's first rare earths producer – and only the second in North America – within weeks following the mobilization of our mining fleet and I look forward to kee...
Despite being challenged with a COVID-19 outbreak, Pretium Resources Inc.'s Brucejack Mine in Northern British Columbia was able to produce enough gold to turn a profit during the first quarter of 2021. As of Feb. 11, Pretium reported that it is managing 14 COVID-19 cases among employees and contractors at Brucejack, prompting BC Northern Health to declare an outbreak at the mine. As a result, Pretium quickly implemented enhanced COVID-19 protocols, including restrictions on...
As Nunavut regulators wrapped up a contentious final series of hearings in April on a proposed expansion of the Mary River iron ore mine on Baffin Island, the Canadian territory got hit with a new outbreak of COVID-19, this time in Iqaluit, Nunavut's capital. Baffinland Iron Mines Ltd. has operated Mary River, one of the largest and northernmost iron mines in the world, for six years. The company employs more than 1,200 people, primarily at its Mary River Mine Site and Milne...
With a $13 million budget for predevelopment activities during 2021, a proposed road to the enormously metal-rich Ambler Mining District in Northwest Alaska takes another step closer to reality. This summer's work to prepare the proposed 211-mile industrial access road for a development decision will be funded equally by Ambler Metals LLC, which is working to develop the rich mineral potential at the road's terminus, and the Alaska Industrial Development and Export Authority,...
Administrative Law Judge Kent Sullivan from the Alaska Office of Administrative Hearings has proposed that there is no "reasonable assurance" that the Donlin Gold Mine in western Alaska will comply with Alaska's water quality standards. As part of the larger permitting process, the Alaska Department of Environmental Conservation's Division of Water issued a certificate concluding that there is reasonable assurance that the proposed mine at Donlin will comply with the applicabl...
