The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 401 - 425 of 3018
Restructured and under new leadership, Heatherdale Resources Ltd. is gearing up for a drill program to expand some of the high-grade targets at its Niblack copper-gold-silver-zinc project on Prince of Wales Island in Southeast Alaska. Heatherdale, which had advanced Niblack to the brink of considering the feasibility of mining the high-grade volcanogenic massive sulfide mineralization found there, became hampered by debt during the economic hardships endured by the junior...
A new era of mining has begun at Alexco Resource Corp.'s Keno Hill silver-zinc-lead project in Canada's Yukon. "Initial commissioning of our mill is a significant milestone on our journey toward establishing Alexco as Canada's only primary silver producer," Alexco Resource Chairman and CEO Clynt Nauman said on Nov. 24. "This achievement has only been possible with the hard work and determination of all our employees and contractors who have worked safely to deliver this...
Pebble Limited Partnership has submitted a compensatory mitigation plan for Pebble, which is the final piece needed for the U.S. Army Corps of Engineers to finalize a record of decision for the world-class copper-gold-molybdenum-silver-rhenium mine project in Southwest Alaska. Following publication of a Final Environmental Impact Statement for Pebble in July, the Army Corps sent Pebble Partnership a letter that details the need for "in kind" and "in watershed" mitigation for...
A highly anticipated and long-awaited batch of assay results show that Freegold Ventures Ltd.'s 2020 drill program at Golden Summit continues to tap bonanza grade gold along with the very wide sections of bulk tonnage mineralization for which the property is known. Located about 25 miles north of Fairbanks, Alaska and on the north border of Kinross Gold Corp.'s Fort Knox gold mine property, Golden Summit hosts 61.5 million metric tons of indicated resource averaging 0.69 g/t...
Following the Yukon Environmental and Socio-Economic Assessment Board's (YESAB) recommendation that the proposed mine the Kudz Ze Kayah (KZK) project be allowed to proceed to permitting, BMC Minerals Ltd. has updated the feasibility study for the silver-dominant polymetallic project in southeastern Yukon. While the operating parameters of the proposed mine have not changed, the updated feasibility study does take into consideration concerns raised by YESAB. This updated...
Despite a two month suspension of activities and other challenges related to protecting workers and local communities from COVID-19, Donlin Gold LLC managed to exceed its planned drilling at its 39-million-ounce gold project in the Yukon-Kuskokwim region of Southwest Alaska. "I'd like to congratulate the joint venture team, as well as thank our Native corporation partners, Calista Corporation and The Kuskokwim Corporation, on successfully completing drilling despite the...
Ambler Metals LLC plans to invest US$27 million to advance the Upper Kobuk Mineral Projects in Northwest Alaska during 2021. The budget and program approved by equal partners in Ambler Metals – Trilogy Metals Inc. and South32 Ltd. – will primarily focus on the work required to ready the Arctic Mine project to enter permitting during the second half of 2021. According to a feasibility study finalized earlier this year, the Arctic deposit in Alaska's Ambler Mining District det...
During the most challenging mining season in nearly 20 years brought on by constraints imposed by the coronavirus pandemic, one mineral exploration company has forged ahead in its quest to develop a robust zinc-lead mine at the Pine Point project near Hay River in Northwest Territories. Unlike most companies with mining projects in northern Canada this year, Osisko Metals Ltd. is reporting significant advances in developing Pine Point, including updating the project's mineral...
In the few months since taking the helm at Contango ORE Inc., Rick Van Nieuwenhuyse has steered this unconventional mineral exploration company toward being the 30% owner of Alaska's next million-ounce gold producing mine. This coming mine at Contango ORE's Peak Gold deposit quickly surpassed Donlin Gold, Livengood, and other top contenders for Alaska's next large gold operation when Kinross Gold Corp. acquired a 70% interest in the high-grade gold project and unveiled a... Full story
Kinross Gold Corp.'s new long-term strategy for its Fort Knox Mine is a paradigm shift for mineral exploration companies with gold projects on or near the road system within a 300-mile-radius of the iconic gold operation about 20 miles north of Fairbanks, Alaska. Under this new operating plan, Kinross is looking for Alaskan projects that can deliver high-grade ore to the underutilized 14-million-metric-ton-per-year mill at Fort Knox. "There is an economic radius around Fort... Full story
A look at Kinross Gold Corp.'s newly optimized strategy for Fort Knox indicates that the iconic mine about 20 miles north of Fairbanks, Alaska will be producing upwards of 400,000 ounces of gold per year for most of the coming decade. The global gold producer introduced its new plans for Fort Knox during an Oct. 20 presentation that provided a more in-depth look into its plan to increase companywide gold output by 500,000 oz/year by 2023. This production growth strategy,... Full story
Ucore Rare Metals Inc., which has set a plan in motion to begin producing rare earth elements in Alaska by 2023, has shipped more than 1.5 metric tons of material from its Bokan Mountain project to Innovation Metal Corp.'s RapidSX facility in Ontario for concentration and REE separation testing. Ucore acquired Innovation Metals earlier this year and is operating the company as a subsidiary to further advance RapidSX technology for the separation and purification of rare earth...
The U.S. Geological Survey and Association of American State Geologists have approved $1.1 million of funding for mapping and geological surveys aimed at gaining a better understanding of Alaska's critical minerals potential. This funding includes $634,000 in grants to the Alaska Division of Geological & Geophysical Surveys for geologic mapping and geochemical analyses for an area of the Western Tanacross region near Alaska's eastern border with Canada's Yukon; and $500,000...
A pitch to deep-pocketed investors about the potential to develop a world-class mine at the Pebble copper project in Alaska turned out to be a clandestinely videotaped sting operation that compromised the integrity of Pebble Limited Partnership CEO Tom Collier. A pair of operatives for the Environmental Investigation Agency, a United Kingdom-based environmental group, posed as representatives of a Hong Kong-based investment firm with links to a company owned by the Chinese... Full story
Alexco Resource Corp. is pulling all the pieces together to resume production at its Keno Hill Silver District mine in the Yukon by the end of the year. Alexco produced silver at Keno Hill from 2011 to 2013 but made the choice to idle down operations due to weak silver prices and uncertain market conditions at the time. Over the ensuing years, the company steadily expanded silver resources with continued exploration and completed other work in anticipation of resuming...
Pogo Mine owner Northern Star Resources Ltd. continues its growth with the proposed merger with fellow Australian gold miner Saracen Mineral Holdings Ltd. In an all-shares deal announced on Oct. 5, the two companies will merge into the world's eighth largest gold producer, with a market capitalization of US$11.5 billion (A$16 billion) and gold producing assets in Australia and Alaska. Under the proposed deal, Saracen shareholders will receive 0.3763 Northern Star shares for... Full story
Kinross Gold Corp. has agreed to pay US$93.7 million to buy a 70% stake in the Peak Gold project near the crossroads town of Tok in eastern Alaska, an acquisition slated to deliver high-grade feedstock to the mill at Kinross' Fort Knox Mine near Fairbanks. "The relatively high-grade, low-cost Peak Gold project is an excellent addition to our portfolio, as it allows us to leverage our existing mill and infrastructure at Fort Knox and strengthens our medium-term production and... Full story
More than six years after turning its attention to advancing to production the world-class mineral reserves of its Nico project in Northwest Territories, Fortune Minerals Ltd. is again putting boots on the ground in search of new mineralization near the Nico deposit located 160 kilometers (99 miles) northwest of Yellowknife. The tenacious junior reported Sept. 2 that an exploration program planned for the 2020 field season is underway, despite restraints imposed by the...
Graphite One Inc. Oct. 1 said President Donald Trump's declaration that the United States' heavy reliance on foreign nations for critical minerals is a national emergency highlights the importance of the company's plans to establish a domestic graphite supply chain by developing a mine at its Graphite Creek deposit in Alaska. The U.S. is 100% dependent on imports for graphite, which is currently the primary anode material in the lithium-ion batteries that power smartphones,... Full story
Doyon Ltd. is seeing a resurgence of mineral exploration on its lands across Interior Alaska, especially on gold properties held by the Alaska Native Claims Settlement Act regional corporation. Running the breadth of Alaska between the Brooks Range to the north and Alaska Range to the south, the Doyon region blankets a mineral-rich swath of Alaska's Interior that is nearly the size of Texas. Doyon itself, owns 12.5 million acres of land within this vast region, making it the... Full story
With the price of gold at the threshold of US$2,000 per ounce and expected to climb higher, Kinross Gold Corp. plans to increase its global gold production by 20% over the next three years. And upping the gold output at its Fort Knox Mine a few miles north of Fairbanks, Alaska is expected to be a key contributor to this plan. Currently on pace to produce roughly 2.4 million oz of gold this year, Kinross is advancing a production growth strategy that is forecast to boost the... Full story
U.S. President Donald Trump assured Alaskans that politics will not play a role in the federal permitting decision for the Pebble copper-gold-molybdenum-rhenium mine in Southwest Alaska. "Don't worry, wonderful & beautiful Alaska, there will be NO POLITICS in the Pebble Mine Review Process. I will do what is right for Alaska and our great Country!!!," Trump said in a late Wednesday tweet. This is in contrast to several premortem Pebble obituaries published by national news... Full story
An invisible line that divides a community in the towns of Stewart, British Columbia and Hyder, Alaska has become a lot more tangible with COVID-19 and the international travel restrictions that comes with it. Now, residents of these remote border towns are asking provincial, state, and federal governments to create a figurative bubble that will reunite neighbors now separated by a mandatory 14-day isolation period and other border crossing limitations. A close-knit community... Full story
Tectonic Metals Inc. has cut a deal with Doyon Ltd. that significantly expands its gold exploration properties in Alaska's Goodpaster Mining District and strengthens its mutually beneficial partnership with the Interior Alaska Native regional corporation. "We are committed to our goal of finding the next Alaskan gold mine and providing economic and social benefits to the communities in which we work and operate," said Tectonic Metals President and CEO Tony Reda. Under an agree...
The U.S. Environmental Protection Agency has created a new office specifically focused on issues unique to the American West, including clean-up of legacy hardrock mine sites. Headquartered in Lakewood, Colo., this new Office of Mountains, Deserts and Plains has been established to improve EPA's ability to respond to the range of special issues and unique needs associated with Western mining sites in EPA regions six through 10, which covers all states west of the Mississippi... Full story
