The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 19 of 19
Splits copper and zinc mines and exploration projects by North and Latin American regions; reorganizes executive team. Teck Resources Ltd. Sept. 1 restructured its business and executive management team to support its shift to a pure-play energy transition metals company focused on growth. This transition began with closing the sale of its steelmaking coal business to Glencore for $7.3 billion cash in July. With this sale, Teck's portfolio consists primarily of copper and...
Investments will support infrastructure for critical mineral projects in the Golden Triangle and the Yukon. Toward the goal of positioning Canada as a global leader in the production of minerals essential to the clean energy transition, Ottawa is investing C$60 million (US$44.2 million) in energy and transportation infrastructure in the Yukon and British Columbia's Golden Triangle. "These investments are needed to support critical minerals development in the region, improve co...
Aerial robots quickly and safely deliver detailed maps of Northern Star and Agnico Eagle's underground mines in Alaska and Nunavut. From providing an advantageous survey of mines and mineral exploration sites from the sky above, to autonomously mapping the depths of underground operations, drones are playing an increasingly important role in safe and efficient mining around the world. Two companies with gold mining operations at opposite ends of the North of 60 Mining News...
Mining executives rank Alaska, Yukon, B.C., NWT, and Nunavut high on mineral potential; mining policy issues, however, weigh on "Investment Attractiveness Index" in latest Fraser Survey. While global mining executives ranked Alaska, British Columbia, Northwest Territories, Nunavut, and Yukon in the top 20 when it comes to mineral potential, a not-so-favorable view on mining policy weighs on the investment attractiveness index of all these North of 60 Mining jurisdictions in...
Alberta-based firm is new Komatsu underground mining equipment dealer for Alaska and Canada. Mining companies in Alaska, British Columbia, and the Canadian territories will soon have another supplier of underground mining equipment. Alberta-based SMS Equipment has recently been selected as the official dealer of Komatsu underground hard rock mining equipment across most of Canada and in Alaska. "Komatsu and SMS Equipment have a shared goal of maximizing value to underground...
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...
Don Lindsay Teck Award in Mining Engineering contributes $2 million to foster the next generation of mining talent at UBC and Queen's University. In a fitting tribute to former president and CEO Don Lindsay, Teck Resources Ltd. has awarded C$2 million to establish scholarships for mining engineering students at Canada's two largest mining schools – the Norman B. Keevil Institute of Mining Engineering at the University of British Columbia and the Robert M. Buchan Department of...
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...
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...
Mining execs rank Alaska, Yukon, BC, NWT and Nunavut high on mineral potential; policy issues weigh on Fraser mining survey scores. With the exception of British Columbia, all the mining jurisdictions in the North of 60 Mining News area lost favor in the latest edition of the Fraser Institute's Annual Survey of Mining Companies. Each year, Canada-based Fraser Institute calls on mining executives from around the world to rank global mining jurisdictions when it comes to...
Vital Metals CEO resigns after just 4 months; Ucore adds former Vital top executive to its growing team. With former Vital Metals Ltd. Managing Director Geoff Atkins joining the team at Ucore Rare Metals Inc. and John Dorward tendering his resignation as director and CEO of Vital, this week saw a carousel of executive changes at rare earths companies with ties to the North of 60 Mining area. Under Atkins' leadership, Vital transformed the Nechalacho deposit in Northwest...
With 50M oz from Keno Hill, Hecla's silver reserves top 240M oz in 2023. With the addition of the Keno Hill Mine in the Yukon, Hecla Mining Company now has more than 240 million ounces of silver in reserves, the highest in the company's 131-year history. "Hecla's silver reserves are an all-time high," said Hecla Mining CEO Phillips Baker, Jr. For more than a decade, it has become customary for Hecla's exploration team to find enough new ore at its operations to more than repla...
Every January, except for that year when COVID pandemic lockdowns necessitated a virtual attendance, thousands of professionals involved and associated with mineral exploration come together in Vancouver, British Columbia, for the Association for Mineral Exploration's annual Roundup conference and trade show. AME Roundup 2023 – "Critical to Our Future" – will highlight the critical role mineral exploration plays in discovering orebodies that feed global supply chains with the...
With the Greens Creek Mine in Alaska exceeding expectations, along with continued strong output from the Lucky Friday silver mine in Idaho and Casa Berardi gold mine in Quebec, Hecla Mining Company has raised its outlook for the production of both silver and gold during 2022. "Hecla reported another strong quarter of operational performance from all three mines as Greens Creek achieved record throughput for the quarter, Lucky Friday's quarterly production continued to exceed...
Kinross Gold Corp. has finalized the sale of its Kupol Mine and gold exploration properties in Russia's Far East to the Highland Gold Mining group of companies for US$340 million in cash. On June 15, Kinross reported that it has already received $300 million in U.S. denominated cash in its corporate account and will receive a deferred payment of $40 million on the one-year anniversary of closing the sale of all its assets in Russia. Highland Gold Mining had previously agreed...
With global zinc demand outpacing supply and the transition to renewable energy creating even more need for the galvanizing metal, Teck Resources Ltd. has launched an initiative to realize value from its portfolio of world-class zinc development assets – most of which are in Alaska and Northern British Columbia. "The market outlook for zinc is strong, due to declining production from existing primary zinc mines, underinvestment in global exploration for zinc, and long-term d...
With its world-class mineral potential and favorable mining policies, Western Australia reclaimed the crown as the best place to discover, permit, and build a mine, according to the mining executives that ranked 84 global jurisdictions for the Fraser Institute's Annual Survey of Mining Companies, 2021. Each year, Canada-based Fraser Institute calls on mining executives from around the world to rank global mining jurisdictions when it comes to mineral potential and a broad...
With current COVID-related restrictions in Ontario making planning for a March event highly uncertain, the Prospectors & Developers Association of Canada has rescheduled PDAC 2022 – the world's premier mineral exploration and mining convention – for June "The PDAC Convention provides an exciting meeting place for the world's mineral exploration and mining industry to network, collaborate, learn, have fun and do business in an environment that is open and safe," said PDAC Exe...
Engage. Connect. Evolve. – this theme of AME Roundup 2022 is the perfect reflection of a mineral exploration sector that is adapting to a world in which Zoom meetings and webinars must often replace boardroom meetings and live conferences as a means of engaging investors, shareholders, and stakeholders. "As society recovers and evolves from the disruption caused by the global pandemic, so does our industry," said AME President and CEO Kendra Johnston. "At AME Roundup, you w...
