The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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Steadfast output at Greens Creek helps keep silver output steady as other Hecla mines overcome hurdles. Despite setbacks at its Lucky Friday and Keno Hill mines, Hecla Mining Company produced 14.3 million ounces of silver in 2023, which was slightly higher than the company's 2022 production of this precious technology metal, thanks in large part to the steadfast output at its Greens Creek operation in Southeast Alaska. "Hecla faced multiple challenges in 2023 with the fire at...
Awards C$600,000 grant for TNDC's heavy equipment operator program that trains Tahltan residents for jobs in Northern BC. More Northern British Columbia residents will have the skills needed to work in Golden Triangle mines thanks to a C$600,000 grant from TD Bank Group to support the Tahltan Nation Development Corp.'s Heavy Equipment Operator program. "At TD, we want to help prepare people for the jobs of tomorrow by investing in organizations that offer skills training...
With $444 million invested over the past three years, Seabridge files an application to upgrade status of KSM, ensure the longevity of EAC. After investing nearly C$1 billion (US$740 million) into KSM over the past two decades, including C$444 million (US$328 million) over the past three years, Seabridge Gold Inc. has applied to have the status of this world-class gold-copper project in Northern British Columbia elevated to "substantially started." A substantially started... Full story
The more than 34,000 meters of drilling carried out last year at Golddigger significantly increased the size and grade of two already identified zones – Surebet and Bonanza Shear – and added the new Golden Gate Zone to the stacked vein systems on Goliath Resources Ltd.'s emerging world-class gold-silver project about 30 kilometers (19 miles) southeast of Stewart, British Columbia. "After only three drilling seasons and only 12 months in aggregate of boots on the ground, our...
Shifting its immediate focus to potentially more lucrative opportunities in the lithium mining sector, Rover Metals Corp. reported plans Dec. 11 to put its Cabin Lake gold project in Northwest Territories up for sale after nearly five years of exploration. The 400-hectare (988 acres) Cabin Lake project is located about 110 kilometers (69 miles) northwest of Yellowknife, the territory's capital, and 40 kilometers (25 miles) northwest of the community of Behchokǫ̀. Rover M...
From breaking ground at Alaska's next gold mine to the advancement of North of 60 projects focused on delivering the metals needed for the transition of low-carbon energy, and an impressive safety milestone at Alaska's only coal mine to a history of the helicopters that make mineral exploration across the North possible, here is a countdown of the 10 most popular North of 60 Mining News articles in 2023: No. 10 - CORE celebrates Manh Choh, Lucky Shot Contango Ore Inc., a... Full story
Backed by DOD, BSNC, Graphite One completes drill program to support study of graphite supply chain critical to US Thanks in large part to substantial backing and support from the U.S. Department of Defense and Bering Straits Native Corp., Graphite One Inc. completed a 57-hole drill campaign at the Graphite Creek project in western Alaska that is focused on accelerating the completion of a feasibility study for developing an advanced graphite material supply chain in the...
Shenghe acquires ore stockpile that symbolized a shift away from China for REEs critical to North America's green energy and high-tech sectors. High-grade ore dug up from a small open pit at Vital Metal Ltd.'s Nechalacho project in the summer of 2021 marked the start of Canada's first rare earth elements mine and the first link in an REE supply chain that was envisioned to be completely independent of China. "The combination of our efforts clearly work together towards the...
Massive increase in mining needed to bridge abyss to US's clean energy ambitions; a bad reputation holds the sector back. RENO, Nev. – With policymakers, regulators, automakers, and the public at large looking for "a miracle" from the American mining sector, National Miners Day 2023 was like no other for the more than 1,800 industry representatives that convened for the American Exploration & Mining Association's annual meeting and convention. The miracle being asked of the mi... Full story
Anticipating the economic jackpot expected to occur for the Yukon once Western Copper and Gold Corp.'s world-class Casino project kicks into full swing, the territorial government approved a C$21.4 million (US$15.8 million) investment in the Alaskan city of Skagway for its ongoing port redevelopment project. As part of its larger Skagway Port Master Plan, the small port city located on the northern end of the Alaskan Panhandle that borders the Yukon relies primarily on...
After establishing its position as a leading zinc-lead-silver explorer in northern Canada, Fireweed Metals Corp. set out in late 2022 to broaden its focus in both geography and commodities. Partly defying the age-old adage to stick to what you know, the longtime explorer of the district-scale Macmillan Pass zinc-lead-silver project ventured across the border into Northwest Territories to acquire two projects. While the Gayna River zinc-lead-silver-gallium-germanium project is...
Maiden resource for Nikolai begins to show globally significant size of this nickel-cobalt-copper project. With a new 1.55-billion-pound nickel resource calculation at Nikolai, Alaska Energy Metals Corp.'s C$2 million (US$1.5 million) acquisition of historical exploration data for this base and precious metals project in Alaska is already paying dividends for the mineral exploration company. Utilizing historical drill hole information included in the well-kept and organized...
In its few short years as an active explorer in the Yukon, Snowline Gold Corp. has progressed to monumental scales while understanding the importance of consciousness discovery and has thus been awarded the 2023 Robert E. Leckie Award for Excellence in Environmental Stewardship. "I would like to thank the awards committee and to thank and congratulate Snowline's entire team –including our industry and First Nations partners-on this recognition of our ongoing efforts towards en... Full story
World's top gold mining company adds two Golden Triangle mines to its two large gold-copper projects in Northern BC. In a historic deal that adds to Newmont Corp.'s position as the world's largest gold producer while also substantially boosting its production of the copper needed for the energy transition, the Colorado-based mining company has completed the roughly US$19 billion buyout of Newcrest Mining Ltd. "Today marks a historic milestone in our company and the industry...
Teck to receive a total of $8.2B for coal assets in Southern BC; cash infusion to bolster focus on clean energy metals. In a deal that finds a middle ground between the ambitions and future visions of two mining companies, Teck Resources Ltd. has agreed to sell its steelmaking coal assets in Southern British Columbia to Glencore for around US$6.9 billion. "This sale will ensure Teck is well-capitalized and able to realize value from our base metals business and deliver strong...
Feasibility study details on open-pit mine slated to produce 2.8M oz of gold over first 12 years of mine. A definitive feasibility study for Eskay Creek details the economic and engineering parameters for a longer-life mine at this exciting gold-silver project in British Columbia's Golden Triangle that will generate strong financial returns for Skeena Resources Ltd., even at the higher costs of building the mine in today's inflationary environment. Under the base case...
Vital Metals turns to Chinese firm to fund Nechalacho, home to first REE mine in Canada. Drifting further away from the original vision of establishing a rare earths supply chain in Canada that would help to break the West's heavy reliance on China for this suite of tech elements, Vital Metals Ltd. has turned to Shenghe Resources Holding Co., Ltd. for funding that will allow the Australia-based REE mining company to move forward with its plans for a larger mine at its...
Summer shipping and construction success keep the Goose Mine on track for first gold pour in Q1 2025. With a successful summer construction and shipping season, B2Gold Corp. says its Back River gold project in Nunavut remains on pace to pour its first gold early in 2025. Upon the April completion of its acquisition of Sabina Gold & Silver Corp., which had already made significant progress on early development at Back River, B2Gold immediately invested the resources necessary...
After getting a conditional green light in 2022 from regulators to advance the proposed ABM Mine at its Kudz Ze Kayah property in Southeastern Yukon, BMC Minerals Ltd. has completed a favorable economic review of its plan for a hardrock operation and developed new exploration targets on the property. BMC Minerals wants to extract 1.8 million metric tons of zinc, 350,000 metric tons of lead and 600,000 metric tons of copper from the Kudz Ze Kayah deposits located within the...
Alaska Delegation says Ambler Road is guaranteed by Congress; Alaska Natives come out for, against road. Roughly a year and a half after suspending the previously issued federal permits to build a 211-mile industrial access road to the Ambler Mining District, the U.S. Bureau of Land Management has published a draft supplemental environmental impact statement for a transportation corridor that would link the metal-rich region of Northwest Alaska to global markets. Permits for t...
Receives funding to train Tahltan heavy equipment operators; skills for enhanced opportunities. In an exciting move that will provide job opportunities for Tahltans and expand the mining workforce available in British Columbia's Golden Triangle, Tahltan Nation Development Corp. has received funding from the B.C. Ministry of Post-Secondary Education and Future Skills – Indigenous Skills Training and Education Program to support a second year of the literal and figurative ground...
Despite shutdown of Lucky Friday in August, company remains on track to achieve silver production target. Even with an August fire shutting down operation at its Lucky Friday mine in Idaho for the rest of the year, Hecla Mining Company expects its operations in Alaska and the Yukon to help the company achieve the Idaho-based miner's silver production target for this year. "Despite less production at the Lucky Friday, Greens Creek's consistent performance and the ramp-up of...
Over the course of two short years, Vital Metals Ltd. has fallen from a visionary mining company pioneering a first-ever rare earth supply chain in Canada to a delisted Australian firm struggling to reclaim some of its former glory at the Nechalacho rare earths mine in Northwest Territories. Vital Metals reached a pinnacle when its Canadian subsidiary Cheetah Resource Corp. began mining ore from the high-grade North T deposit at Nechalacho during the summer of 2021, forging...
Economists at the government of Nunavut are predicting major economic growth in Canada's northernmost territory next year, partly due to increased production and steady commodity prices in its mining sector. Nunavut Premier P.J. Akeeagok told an audience at the Nunavut Trade Show Sept. 19 that the Nunavut economy is expected to grow by 13.6% in 2024, up from around 7% this year. "I'm happy to report Nunavut's economy is expected to expand strongly this year, at a rate of 7%...
Tahltan Nation's business arm has partnered with Solvest to install solar systems at mining project in Tahltan Territory. With the goal of advancing clean energy in Northern British Columbia and adding to its business endeavors, Tahltan Nation Development Corp. has partnered with Solvest to identify and develop renewable solar power solutions that reduce diesel consumption and carbon emissions within the traditional territory of the Tahltan First Nation. "We are excited to... Full story
