The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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Extending Alaska's limited road network 100 miles northwest from the Port MacKenzie area near Anchorage into the West Susitna area would open up a new area for Alaskans to visit the great outdoors, provide highway access to this mineral-rich region, and create a new revenue stream for the state, according to an independent economic study carried out by McKinley Research Group. "The West Susitna Road is important for local residents and gaining fair access to hunting, fishing,...
Board approves large budget for pre-development work on road to Alaska area rich in critical metals. Based on a directive made by Congress more than 40 years ago and its own mission to promote economic growth and diversity in Alaska, the Alaska Industrial Development and Export Authority board of directors has approved $44.8 million to advance pre-development work on the Ambler Road project in Northwest Alaska. "Thanks to the AIDEA Board of Directors for authorizing the 2023...
Updated resource sets stage for next level of expansion at largest graphite deposit in the US. With only 2,150 meters of drilling carried out during 2022, Graphite One Inc. expanded the quantity of graphite contained within the measured and indicated resources at its Graphite Creek deposit in western Alaska by 13%. Located about 35 miles (60 kilometers) north of the legendary gold mining town of Nome, Graphite Creek now hosts 37.6 million metric tons of measured and indicated...
ANCHORAGE, Alaska: Gathering together leaders, decision-makers, and experts toward the common goal of understanding the value of Alaska's mineral endowment and how to unlock it for America's net-zero emission goals, the U.S. Department of Energy's Office of Fossil Energy and Carbon Management hosted a two-day workshop bringing attention to carbon management and critical minerals and how the Last Frontier will be a keystone in achieving the country's lofty ambition. Held at...
Seeking a balance between their traditional lifestyle and economic opportunities that allow their villages and the people that live there to thrive, the tribal councils of Allakaket and Huslia have unanimously voted to withdraw from a lawsuit against a federal decision to issue permits for a road to the Ambler Mining District in Northwest Alaska. "Our council and community have considered both the concerns and potential benefits from the responsible development of our lands,"...
More gold, strong zinc prices helped push value higher; critical minerals could add a boost moving forward. Alaska mines produced approximately $4.51 billion worth of nonfuel minerals last year, a 16% increase over the $3.89 billion in 2021, and an impressive 42.7% jump over the $3.16 billion of mined products during 2020, according to the U.S. Geological Survey's Mineral Commodity Summaries 2023 report. The rise in Alaska mine production value is largely due to increased...
Strong zinc price, production drive increased profit for Teck; NANA gets extra boost from royalty rise. Due to a combination of strong zinc prices and production, the Red Dog Mine in Northwest Alaska generated strong profits for Teck Resources Ltd. and revenues for NANA Corp. during 2022. Red Dog produced 553,100 metric tons (1.22 billion pounds) of zinc during 2022, a nearly 10% increase over the 503,400 metric tons (1.11 billion lb) produced during 2021. The Northwest Alaska...
Kinross Alaska gold output rises; restoration of fish habitat near Hope supports company ESG strategy. Continuing a steady rise in annual gold output, Kinross Gold Corp.'s Fort Knox Mine produced 291,248 ounces of gold in 2022, a roughly 10% increase over the 264,283 oz recovered at the Interior Alaska operation during 2021. This upward trajectory reflects the early stages of the Kinross Alaska strategy, which is expected to see the annual gold output of the mill at Fort Knox...
In what could be the most consequential "pollice verso" for Alaska, in a time when the federal government is seeking to shift the paradigm from more than a century of petroleum dependency to clean renewable energy, the Environmental Protection Agency issued its final determination under the Clean Water Act to help protect Bristol Bay, invariably crippling the more than two decades of effort toward establishing a mine at the world-class copper-gold-molybdenum-silver-rhenium...
Barrick, Novagold now considering updated feasibility study for world-class gold project. To round out a large and highly-successful 2022 program at Donlin Gold, project partners Novagold Resources Inc. and Barrick Gold Corp. reported additional high-grade gold intercepts in the final batch of assays from last year's drilling at the world-class gold mine project in the Yukon-Kuskokwim region of Southwest Alaska. Being advanced toward a production decision by Donlin Gold LLC...
Could top 17M oz during 2023 with contribution from Keno Hill Mine. With consistently strong production at its Greens Creek Mine in Alaska and a surge at its Lucky Friday Mine in Idaho, Hecla Mining Company shot through the top of its 2022 silver production guidance to 14.2 million ounces of this precious metal that is in high demand for clean energy technologies. "Hecla is the fastest growing silver producer with a 40% increase in production since 2018. This sustainable...
To better match the world-class size of its Graphite Creek deposit in Alaska to the enormous demand for the graphite going into lithium-ion batteries powering the electric vehicle revolution, Graphite One Inc. is considering a significantly larger advanced graphite materials supply chain in the United States. Last year, S&P Global Platts forecast that by 2030 it will take 5 million to 6 million metric tons of graphite to meet annual global demand for this carbon material that...
Says pending veto of Pebble copper mine permits sets a precedent with implications that go beyond Alaska. Alarmed by the precedent that would be set if the U.S. Environmental Protection Agency is successful in issuing a preemptive veto of the Pebble Mine through the extension of its authority under the federal Clean Water Act, Gov. Mike Dunleavy says his administration is prepared to defend Alaska's right and obligation to develop resources on state lands. "The State of...
An updated preliminary economic assessment for Pebble shows that a US$60 million royalty investment deal between Northern Dynasty Minerals Ltd. and an unnamed investor has a minimal impact on the economics of the proposed mine at the world-class copper project in Southwest Alaska. You can read about the sudden investment at Surprise $60 million investment for Pebble in the July 29, 2022, edition of North of 60 Mining News. "In the updated technical report we have detailed the...
As Alaska-based company preps for 2023, Alaska Delegation calls for swift Ambler Road resolution. After spending this summer preparing for its initial drill program at the Sun copper-zinc-silver-gold project in Northwest Alaska, Valhalla Metals Inc. commends the Alaska Delegation's support for the proposed Ambler Road that would run right by this potential domestic source of green energy metals that lies along the route to the Arctic Mine project to the west. According to a...
A shortage of the graphite required for the lithium-ion batteries powering the transition to electric mobility is elevating the criticality of Graphite One Inc.'s plans to develop a mine in Alaska and advanced graphite processing and recycling facility in the Pacific Northwest. "Our strategy is to build a complete graphite anode supply chain – from mine to battery – located in the United States," said Graphite One CEO Anthony Huston. "And to complete the circular economy for...
Top objectives of new state office offers benefits for Alaska’s mining industry. Alaska's mining sector stands to benefit from a new Office of Energy Innovation established by Gov. Mike Dunleavy in two ways – policies and investments that support low-cost and low-carbon sources of energy to power mines, and the development of a strong critical minerals mining program in the state. "Alaskans need energy supplies that are stable and secure," said Akis Gialopsos, acting com...
Study shows mine is feasible, could be enhanced with more exploration. A scoping study provides the first glimpse of potential mines at the Zackly and Caribou Dome deposits on PolarX Ltd.'s Alaska Range copper-gold project. Spanning a roughly 22-mile- (35 kilometers) long stretch of its namesake cordillera, the Alaska Range project is rich in copper and gold deposits and occurrences. The two most advanced of these are Zackly, a high-grade gold-copper-silver skarn deposit that...
Alaska-focused Valhalla Metals lists on TSX-V, raises C$10.2M Rick Van Nieuwenhuyse, a longtime Alaskan geologist renowned for founding and serving as the top executive of both Novagold Resources Inc. and Trilogy Metals Inc., has launched yet another publicly traded company focused on exploring Alaska's incredible mineral potential – Valhalla Metals Inc. Originally formed as a private company in 2018, Valhalla picked up two high-grade volcanogenic massive sulfide projects a...
Federal agency is accepting public input on second Ambler Road EIS until Nov. 4 After months of uncertainty, the United States Bureau of Land Management has provided some clarity to the plans to carry out further review of the Ambler Access Project – a proposed 211-mile road that would link Ambler Metals' Upper Kobuk Mineral Projects (UKMP) in Northwest Alaska to the Dalton Highway. BLM, the U.S. Army Corps of Engineers, and the National Park Service issued a joint record o...
HighGold drilling expands gold-rich Ellis Zone north of 1M oz JT Deposit. With the latest batch of assay results showing the drills are continuing to cut broad layers of high-grade gold at Ellis Zone, it appears that HighGold Mining Inc. is beginning to outline a second gold-rich polymetallic deposit at its Johnson Tract project in Southcentral Alaska. JT, the first deposit outlined on the 20,942-acre Johnson Tract property, hosts 3.49 million metric tons of indicated...
Felix hits gold at Treasure Creek; Resolution awaits more assays from Tourmaline Ridge Australian mineral exploration companies have been busy this summer with drill programs targeting gold prospects on the Treasure Creek and 64North projects that Millrock Resources Inc. has generated in Alaska's Fairbanks and Goodpaster mining districts. Treasure Creek is one property that makes up an enormous land package that Millrock and Felix Gold Ltd. have accumulated in the Fairbanks...
Pebble Limited Partnership presses for withdrawal of preemptive veto As the Environmental Protection Agency closed public input on its 2022 proposed determination, Pebble Limited Partnership calls on the agency to withdraw its preemptive veto of the Pebble copper mine project, ultimately finalizing the permit process undertaken by the U.S. Army Corps of Engineers. About a year ago, the EPA made known its intention to reinitiate the process of making a Clean Water Act Section...
At a time when American automakers are looking for potential domestic supplies of the graphite that makes up nearly half of all the materials that go into the lithium-ion batteries powering electric vehicles, Graphite One Inc. offers up details of its plans to develop a mine at its Graphite Creek project in Alaska and processing facility in Washington that would produce roughly 75,000 metric tons of advanced graphite products per year. Earlier this year, S&P Global Platts...
The White House's bold clean energy ambitions, which are intricately linked to the availability of reliable supplies of the metals needed to build electric vehicles and renewable energy infrastructure, are being slowed by a tug-o-war between departments within the Biden administration. While the departments of Commerce, Defense, and Energy are forging ahead with programs and investments aimed at ensuring America has the minerals and metals needed to support the clean energy...
