The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 176 - 200 of 293
Constantine Metal Resources Ltd. came out on the winning side of a Ninth Circuit Court of Appeals ruling on a lawsuit brought by Southeast Alaska Conservation Council and others that challenged federal permits for road building on the company's Palmer zinc-copper-gold-silver-barite project near Haines, Alaska. "We believe the Ninth Circuit decided correctly on this matter and are pleased with the final decision," said Liz Cornejo, community liaison and advisor to Constantine...
Much like Mark Twain, who quipped, "The report of my death was an exaggeration," when informed of his obituary in an American newspaper, Politico's report of the untimely demise of the Pebble Mine project in Southwest Alaska was grossly overstated. On Aug. 22 Politico reported, "The Trump administration is planning to block the proposed Pebble Mine in Alaska early next week ... marking a surprise reversal that could be the death knell for the massive copper and gold project."...
Rising metal prices are helping to soften the blow COVID-19 has landed on Alaska's mining sector in 2020. While mining has been deemed an essential business in Alaska, which has helped keep the six large mines in the state operating during the pandemic, measures put in place to slow the spread of COVID-19 are weighing on production at some of these operations. Efforts to flatten the curve on the spread of coronavirus also disrupted several winter drill programs in Alaska,...
Already known for its world-class copper, gold, molybdenum and silver endowment, the Pebble deposit in Southwest Alaska is also host to one of Earth's most significant accumulations of rhenium, a highly heat resistant and extremely rare metal that has been deemed critical to the economic and national security of the United States. While Pebble has long been known to host rhenium associated with the molybdenum minerals in the deposit, an official resource of this critical...
A feasibility study for developing a mine at the world-class Arctic deposit in Alaska's Ambler Mining District details a financially robust operation that would produce 1.9 billion pounds of copper, 2.3 billion lb of zinc, 388 million lb of lead, 386,000 ounces of gold, and 40.6 million oz of silver over an initial 12-year mine life. While high-grade volcanogenic massive sulfide deposits such as Arctic are typically mined from underground, the Arctic feasibility study details...
Barrick Gold Corp. President and CEO Mark Bristow believes Donlin Gold is "a very valuable asset" that is both blessed and challenged by its location. "If you look at Donlin compared to some of the other assets in our portfolio, it's a pure gold play, it's in a mining-friendly jurisdiction, it's just in a very challenging geographical setting," he said during Barrick Gold's second quarter webinar on Aug. 10. Barrick and its executive office have recently been more candid about...
British Columbia has committed to invest up to C$1.575 million (US$1.2 million) for site preparation and studies to support early reclamation work at Tulsequah Chief, a historical mine site in western British Columbia that has been seeping acidic metal-laden water since the mine closed in 1957. This legacy acid rock drainage – which was reaching the Tulsequah River, a tributary of the Taku River that flows into the Lynn Canal near Juneau – has been a concern for First Nat...
President Trump is expecting to be briefed on the proposed Pebble Mine and on Wednesday told reporters that he will "listen to both sides" of the world-class copper-gold-molybdenum project in the Bristol Bay region of Southwest Alaska. Pebble Partnership CEO Tom Collier said he welcomes a White House review of a final Environmental Impact Statement that details a mine at Pebble capable of extracting copper, gold, and other valuable metals found there without harming the...
As the price of gold reaches historic highs and silver tops US$24 per ounce, Western Alaska Copper & Gold and Piek Exploration are investigating the potential of restarting operations at the past producing Illinois Creek Mine near the Yukon River about 65 miles southwest of the town of Galena and 120 miles north of the Donlin Gold Mine project. In 2018, Western Alaska Copper & Gold and Piek Exploration formed a joint venture to consolidate the entire Illinois Creek district,...
The July 24 release of a final Environmental Impact Statement that details a mine at Pebble capable of extracting copper, gold, and other valuable metals from a world-class deposit in Southwest Alaska without harming the Bristol Bay salmon fishery is a landmark achievement for Northern Dynasty Minerals Ltd., which has spent the better part of two decades advancing the project to this point. "We're ecstatic to reach this major milestone in the advancement of the Pebble Project...
With the federal permitting process coming to a close, it is becoming increasingly likely that a mine developed at the world-class Pebble project in Southwest Alaska could become a significant domestic source of copper, gold and other metals demanded by America's manufacturing sectors. U.S. Army Corps of Engineers, the lead federal regulator for permitting the Pebble Mine under the National Environmental Policy Act (NEPA), published the final environmental impact statement...
The COVID-19 pandemic has led NANA Corp. and its mining partners, Teck Resources Ltd. and Ambler Metals LLC, to adjust their mineral exploration and mine development plans in order to meet the ever-evolving health and safety mandates to keep shareholders, employees and residents of Northwest Alaska as safe as possible. "Although the pandemic was unexpected, learning to adapt is nothing new for the region and Iñupiaq people. For 40 years, NANA shareholders have supported...
The U.S. Department of Interior issued two decisions that mark a major milestone along the path of permitting a road to the incredibly rich and strategically important Ambler Mining District in Northwest Alaska. On July 23, the Bureau of Land Management (BLM), with the U.S. Army Corps of Engineers, and the National Park Service (NPS) with the U.S. Federal Highway Administration, issued a record of decision that authorizes a right-of-way for the proposed 211-mile-long road...
Taking another step along the path of establishing a mine at its world-class copper-gold- molybdenum-silver deposit in Southwest Alaska, Pebble Limited Partnership signed a memorandum of understanding with Alaska Peninsula Corp. for providing transportation and port operations support for the proposed project. Under the agreement, Alaska Peninsula Corp. would serve as the organizer of a consortium of key Alaska Native Claims Settlement Act (ANCSA) village corporations in the...
Novagold Resources Inc. is taking the offensive against J Capital Research USA LLC, a company that released a fallacious report on Novagold in what is being considered a "short-and-distort" attack against the company that owns a 50% stake in the 39-million-ounce Donlin Gold project in Southwest Alaska. Basically, a short-and-distort scheme is when an investor or group of investors takes a short position in a company – a means of profiting from the decline of a company's s...
After a two-month suspension due to COVID-19, drills are once again turning at the Donlin Gold project in the Yukon-Kuskokwim region of Southwest Alaska. Donlin Gold LLC – a 50-50 joint venture between Novagold Resources Inc. and Barrick Gold Corp. – began gearing up for a roughly 22,000-meter drill program at Donlin in February and had drills turning on the 39-million-ounce gold project by March. With the novel coronavirus outbreak elevating to pandemic levels, the par...
Nearing the end of the federal permitting process, Pebble Limited Partnership is now taking a harder look at how residents and businesses in the Bristol Bay region can benefit from low-cost energy that will be available at a future Pebble copper-gold mine. When the proposed mine was designed for the Pebble Partnership, engineers built in more natural gas and electricity capacity than the Pebble operation would need with the idea that the excess could be delivered to the wider...
After helping to foster what is shaping up to be a mining renaissance in his hometown of Stewart, British Columbia, Rob McLeod has bought a major stake in Heatherdale Resources Ltd. and is bringing a new vision to that company's Niblack copper-gold-zinc-silver project on Prince of Wales Island in Southeast Alaska. According to a 2011 resource, the Lookout and Trio deposits at Niblack host 4.14 million metric tons of indicated resource averaging 1.13% copper, 2.32 grams per...
Pebble Partnership has announced the creation of the Pebble Performance Dividend to distribute a percentage of the revenue generated from the operation of a mine at Pebble to year-round residents of Bristol Bay. "When we rolled out our new, smaller mine plan in 2017, I made a commitment to find a way to share the opportunity Pebble represents with the residents of Bristol Bay. While not everyone will want to work at the mine, this ensures a direct way for everyone to...
After 13 years as the top executive at Ucore Rare Metals Inc., Jim McKenzie is stepping down from his role as president and CEO of the rare earth exploration and technology company to pursue other business interests. Under McKenzie's leadership, Ucore established a rare earths deposit at its Bokan Mountain project in Southeast Alaska and has pursued new technologies to separate the rare earths, a technology that is key to establishing a REE sector in North America. "Building a...
There are signs of renewed life for the Niblack copper-gold-zinc-silver project on Prince of Wales Island in Southeast Alaska. Heatherdale Resources Ltd., the company that owns Niblack, advanced the potential underground mine nearly to the permitting stage but became hampered by financial liabilities. A deal announced on June 3 cleans up Heatherdale's balance sheet and puts Rob McLeod at the helm of the restructured company. According to a resource calculated in 2011, Niblack...
The U.S. Army Corps of Engineers has determined that a road and pipelines around the north shore of Iliamna Lake is the most environmentally sound route to access the proposed Pebble copper-gold-molybdenum-silver mine in Southwest Alaska. Referred to as Alternative 3 in the draft Environmental Impact Statement for Pebble, this roughly 85-mile northern land-based transportation route would connect the Pebble mine site to Cook Inlet without the need for a ferry to transport...
Alaska Department of Natural Resources has finalized COVID-19 guidance for placer gold miners planning to carry out operations on their claims in the state during the 2020 field season. Placer and lode mining are both considered "critical infrastructure" under Alaska's essential services and critical workforce infrastructure order, which means that miners are considered essential workers in the state. These workers, however, must comply with Alaska's existing mandates aimed...
Northern Star Resources Ltd., owner of the Pogo gold mine, has donated more than US$1.5 million of medical personal protective equipment to communities throughout Alaska, with a focus on the greater Fairbanks and Delta regions. "This is the largest donation we've received from private industry," said Alaska Gov. Mike Dunleavy. "We are extremely grateful to businesses such as Northern Star which have stepped up, provided procurement and logistics expertise, and donated $1.5...
After years of quietly and efficiently optimizing a plan for Livengood, International Tower Hill Mines Ltd. is now moving ahead with new pre-feasibility study for developing a mine at the 11.5-million-ounce gold project about 70 miles north of Fairbanks, Alaska. A previous PFS completed for Livengood in 2017 outlined plans for a 52,600-metric-ton-per-day mill that would produce 6.8 million ounces of gold over a 23-year mine life, or roughly 294,100 oz annually. The all-in...
