The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 101 - 125 of 293
The Pebble Mine project advanced to the final step of the permitting process would produce 320 million pounds of copper; 363,000 ounces of gold; 15 million pounds of molybdenum; 1.8 million oz of silver; and 12,000 kilograms of rhenium annually over the first 20 years of mining, according to the results of a new preliminary economic assessment published by Northern Dynasty Minerals Ltd. on Sept. 9. In addition to the proposed 20-year-mine submitted for permitting, the PEA...
The Alaska Industrial Development and Export Authority and Ambler Metals LLC have agreed to equally fund $30.8 million for a 2022 field program to advance the Ambler Access Project, a proposed 211-mile road that serves as an Alaskan epitome of connecting the aspirations of a low-carbon future with the large volumes of minerals and metals required to build the electric vehicles and renewable energy infrastructure that will make the green energy future a reality. The World Bank...
Following the completion of a robust 2021 program that culminated in a decision to move forward with updating the feasibility study for developing a mine at Donlin Gold, Novagold Resources Inc. announced that the project partners have approved a $60 million budget for the 2022 program at this world-class gold project in Southwest Alaska. "While 2021 was an exceptional year and represents yet another positive turning point for Novagold and for the Donlin Gold project, 2022...
Capping off a successful year of mine predevelopment activities at its 30%-owned Manh Choh gold mine project in Interior Alaska and acquisition of the historic high-grade Lucky Shot gold mine project in Southcentral Alaska by up-listing its share to the New York Stock exchange, Contango ORE Inc. is well-positioned for 2022 success. "2021 represented another year of COVID, but despite the difficulties of working in a continued pandemic environment, the company achieved its...
6 is shaping up to be a pivotal year for unlocking the world-class potential of the Ambler Mining District in Northwest Alaska. Toward realizing this potential, Ambler Metals LLC, a joint venture equally owned by Trilogy Metals Inc. and a subsidiary of South32 Ltd., has budgeted US$28.5 million for 2022. This program is slated to include drilling, engineering studies, and the initiation of permitting for Arctic, the first mine to be developed on its Upper Kobuk Mineral...
Graphite One Inc. enters 2022 with growing momentum as the company rapidly advances the largest known and highest-grade graphite deposit in the United States toward development as the transition to electric mobility and renewable energy is powering new demand for the advanced graphite materials it plans to produce. "Despite the challenges of COVID on the business climate and all aspects of operations, Graphite One raised more than C$30 million in capital, completed a...
Impressed by the wide sections of high-grade gold encountered by drilling and encouraged by positive input from Alaska stakeholders and regulators, top executives at Barrick Gold Corp. and Novagold Resources Inc. have decided to advance the world-class Donlin Gold project up the value chain. This decision to update the feasibility study for developing a mine at the 39-million-ounce Donlin Gold project follows September workshops that included Barrick and Novagold executive...
Valhalla Metals Inc., a privately held junior mining company focused on the exploration of the Sun and Smucker properties in Alaska's Ambler Mining District, may soon have easier access to funding through a merger with SolidusGold Inc., a company listed on the TSX Venture Exchange. Under a tentative agreement announced on Nov. 29, Solidus would acquire Valhalla through an exchange of shares that would result in current Valhalla shareholders owning 80% of the resulting company...
After more than a decade of advancing multiple precious and base metals deposits and targets across its more than 49,000-acre Illinois Creek Mining District property as a private company, Western Alaska Copper & Gold is now a public junior explorer listed on the TSX Venture Exchange. Western Alaska Minerals Corp., the new name for the mineral exploration company, became listed on the TSX.V on Nov. 15 through a reverse takeover merger with the already listed 1246779 B.C. Ltd....
As another signal foreshadowing the growing demand for graphite, the Pentagon has added this lithium-ion battery ingredient to its newest National Defense Stockpile Acquisitions List. Published by the U.S. Defense Logistics Agency on Oct. 4, this list calls for DLA's strategic materials department to acquire up to 900 metric tons of graphite to store in government stockpiles over the coming year. Primary reasons for the Department of Defense to have a graphite stash for its ow...
In an announcement with language indicative of a predetermined decision, the U.S. Environmental Protection Agency Nov. 17 announced it has set a timeframe for considering new information available to determine the next steps in the Bristol Bay Clean Water Act Section 404(c) process for the Pebble copper mine project in Southwest Alaska. The agency says a finalized CWA 404(c) determination will help protect waters over the long term that are essential to commercial,...
A 65,000-metric-ton-per-day operation at the Livengood mine project in Alaska would produce 6.4 million ounces of gold over a 21-year span, or an average of around 304,750 oz per year, according to an updated prefeasibility study released by International Tower Hill Mines Ltd. on Nov. 4. Lying alongside a paved highway about 70 miles north of Fairbanks, the Money Knob deposit at Livengood hosts 704.5 million metric tons of measured and indicated resources averaging 0.4 grams...
Challenged by a spike of COVID cases in Alaska and unplanned downtime due to a failure of the primary conveyor that delivers ore to the mill, Northern Star Resources Ltd.'s Pogo Mine in Alaska produced less gold at higher costs during the first quarter of the Australian miner's fiscal year 2022, which began on July 1. These hurdles came at a time when crews were commissioning mill upgrades that will expand production rates to 1.3 million metric tons per year, which is a 30%...
While one hole does not make a deposit, the long section of strong gold mineralization in Nova Minerals Ltd.'s fifth hole at the RPM North prospect on its Estelle project in Alaska is a superb start. Situated about 16 miles (25 kilometers) south of Korbel, where Nova has outlined 4.7 million ounces of gold in 518 million metric tons of inferred resource averaging 0.3 grams per metric ton gold, RPM is a high-priority target that Nova has been anxious to drill. One hole drilled...
Leveraging its expertise in exploring for Arctic-type volcanogenic massive sulfide deposits in the Ambler Mining District, Trilogy Metals Inc. exploring for similar high-grade polymetallic deposits on three groups of claims east and west of the Upper Kobuk Mineral Project in Northwest Alaska. Being advanced by a joint venture equally owned by Trilogy and South32 Ltd., UKMP is a 427,690-acre land package that includes state and patented claims covering a 75-mile-long stretch...
Building upon a strong relationship it has made with Doyon Ltd., Tectonic Metals Inc. has entered into an agreement to lease the Flat gold project owned by the Alaska Native Claims Settlement Act regional corporation. Located about 25 miles north of the Donlin Gold project being advanced under a joint venture between Barrick Gold Corp. and Novagold Resources Inc., the 92,160-acre Flat property hosts intrusive-hosted, sheeted quartz vein gold mineralization similar to that...
In the most recent update on Pebble Limited Partnership’s administrative appeal to the U.S. Army Corps of Engineers, Northern Dynasty Minerals Ltd. reported it has been assigned a new review officer for the appeal of the federal agency’s issuance of a negative record of decision for the world-class copper-gold project in Southwest Alaska. Following last November’s negative record of decision by Army Corps, Pebble Partnership submitted a request for appeal of the federal permi...
Northern Dynasty Minerals Ltd. says the recent 8.1 magnitude earthquake caused substantially less ground movement at the Pebble site than factored in during the designing of the proposed tailings facility for a future mine at this world-class copper project in Southwest Alaska. "We determined the 8.1M earthquake that occurred last month south of the Alaska Peninsula, about 300 miles from our site, create ground acceleration at Pebble that is 20 – 30 times less than the d...
JOHNSON TRACT, Alaska – A nearly half-a-million-ounce gold deposit sitting on a 7.5-mile trend of obvious yet underexplored mineralization just a few miles from the coast in Southcentral Alaska was hiding in plain sight for more than two decades before HighGold Mining Inc. began unlocking the rich potential of this high-grade gold project in 2019. Owned by Cook Inlet Regional Inc., more widely known as CIRI, Johnson Tract is one of the many mineral-rich properties identified a...
Alaska Gov. Mike Dunleavy highlighted the importance of cooperation between Alaska Native Claims Settlement Act (ANCSA) corporations and their shareholders, state organizations, and mining companies during a recent visit to the Ambler Mining District in Northwest Alaska. "Collaboration begins with trust," he said. "When we work together and develop our state's resources responsibly, we can achieve incredible outcomes for all Alaskans." Having spent nearly two decades as a...
Reclamation is more than a regulatory requirement for Usibelli Coal Mine Inc., a family-owned company that began restoring the natural landscape at its Interior Alaska coal mining operation before there were federal laws requiring it. Now that there are reclamation regulations in place, mining companies must post a bond that ensures the land gets restored – either by the company that will get the money back upon successful completion or a third party that will use the bond m...
HOPE, Alaska – An Alaska partnership between Trout Unlimited and Kinross Gold Corp. demonstrates that cooperation and collaboration are more powerful than conflict and polarization when it comes to conserving the environment while also producing the minerals and metals the world needs and wants. This strength-in-partnerships strategy is on full display in Alaska's historic Hope gold mining district, where Trout Unlimited, Kinross, Hope Mining Company, U.S. Forest Service, a...
While weather delays and a shortage of workers will likely prevent Ambler Metals LLC from achieving its targeted 14,600 meters of drilling at the Upper Kobuk Mineral Projects this year, the joint venture between Trilogy Metals Inc. and South32 Ltd. said this setback will not slow the permitting and development timeline for Arctic, expected to be the first mine developed in Northwest Alaska's Ambler Mining District. The reason for this is Ambler Metals prioritized the...
The Environmental Protection Agency Sept. 9 announced its intention to reinitiate the process of making a Clean Water Act Section 404(c) determination to protect certain waters in the Bristol Bay region of Southwest Alaska. Providing such a determination is finalized, it would purportedly protect waters that are essential to commercial, subsistence, and recreational fisheries. Such stringent protections, however, would make advancing the nearby Pebble mine nearly impossible....
With grades as high as 42.2 g/t gold over 5.74 meters, this year's drilling at Donlin Gold continues to tap fantastic zones of mineralization within this 39-million-ounce gold deposit in the Yukon-Kuskokwim region of Southwest Alaska. "As with last year's program, drilling has delivered multiple examples of outstanding gold intercepts," said Novagold Resources Inc. President and CEO Greg Lang. Being carried out by Donlin Gold LLC, a joint venture partnership owned equally by...
