The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 551 - 575 of 1210
Grande Portage Resources Ltd. April 8 announced it has received regulatory approval for a 2020 drill program at its Herbert Gold project within the Juneau Gold Belt in Southeast Alaska. The company is now monitoring the COVID-19 situation to determine the public health impact of coronavirus and the best course for moving forward. "Our business continuity plans have been fully mobilized in response to the COVID-19 global pandemic," said Grande Portage Resources CEO Ian...
White Rock Minerals Ltd. April 5 said that despite the market uncertainty and travel restrictions related to COVID-19, it intends to carry out at least a limited drill program to expand zinc mineralization and test a new gold discovery on its Red Mountain property in Alaska. "As an exploration company, we understand what it is like to operate in uncertain times with uncertain outcomes," said White Rock Minerals Managing Director Matt Gill. "Work is still progressing, and we...
Redstar Gold Corp. April 3 said results from geophysical and geochemical surveys carried out late last year has confirmed the prospectivity of Aquila, a high-grade zone at the west end of the Shumagin trend on the company's Unga Gold project on the Alaska Peninsula. The Shumagin trend hosts the high-grade, SH-1 (formerly Shumagin) zone, a high-grade gold deposit about four miles (6.5 kilometers) northeast of Aquila. According to a calculation completed earlier this year, SH-1...
Millrock Resources Inc. and Resolution Minerals Ltd. March 30 announced a temporary COVID-19-related suspension of drilling at the 64North gold project adjacent to the Pogo Mine property in Alaska's Goodpaster Mining District. Though the drill crew was completely isolated, and thus in a very safe location for COVID-19 risk, it was the preference of the drilling contractor to allow its personnel to return to their families in the Lower 48 before conditions or travel...
Novagold Resources Inc. April 1 announced that the planned 80-hole drill program at Donlin Gold, a 39-million-ounce gold project owned equally by Novagold and Barrick Gold Corp., has been put on hold due to COVID-19 measures in the Yukon-Kuskokwim region of Southwest Alaska where the proposed mine is located. A week earlier, Novagold reported that the roughly 22,000-meter drill program was ongoing but the rapidly evolving protocols to prevent the spread of coronavirus,...
Barrick Gold Corp. March 20 announced it has stepped up its emergency response plans for dealing with the COVID-19 pandemic at all its sites and offices across the world. The latest round of measures by the global gold mining company includes the suspension of all non-essential business travel and the curtailing of all non-vital projects. Barrick Gold President and CEO Mark Bristow said the company was closely monitoring the very fluid COVID-19 situation, constantly updating...
Teck Resource Ltd. March 23 announced temporary ban on travel from the Red Dog Mine to communities in the NANA region of Northwest Alaska where the world-class zinc mine is located. These restrictions on travel come at a time when NANA Corp., as well as other Alaska Native Claims Settlement Act (ANCSA) corporations are looking at ways to prevent COVID-19 from reaching their regions and villages. "Our main priority is the health and safety of our people – shareholders, e...
Novagold Resources Inc. March 23 said the 2020 drill program at the Donlin Gold project in Southwest Alaska continues at this date, but recognizes that the COVID-19 crisis is fluid and is monitoring the state of Alaska health recommendations and will make the necessary adjustments including pushing back the timeline for the balance of the 22,000 meters of drilling planned for this year. Donlin Gold LLC, a joint venture partnership owned equally by Novagold and Barrick Gold...
Teck Resources Ltd. March 16 said it has initiated measures to slow the spread of COVID-19 that include remote work, travel restrictions and other protocols. These protocols include pre-flight virus screenings for all personnel travelling to its Red Dog zinc mine in Northwestern Alaska. "Teck is working diligently to closely monitor the recommendations of health officials and update all employees at Red Dog on information and current best practices for prevention of COVID-19,"...
Hecla Mining Company March 19 announced that it has taken measures to ensure its silver and gold operations in Alaska, Idaho, Mexico and Quebec can weather COVID-19, along with the market and logistical disruptions that come with it. These de-risking measures include: • Securing contracts that guarantee a US$16 per ounce silver price and US$1,450/oz gold price for the second quarter of this year, and US$1,650/oz gold for third quarter, while maintaining exposure to the u...
The U.S. Bureau of Land Management March 9 announced a proposed plan to finish cleaning up Red Devil, a historical mercury mine site along the Kuskokwim River in Southwest Alaska. The mercury mineral cinnabar was discovered in the Red Devil Creek drainage in 1933 and over the next four decades roughly 36,000 flasks, or 1,224 metric tons, of mercury was recovered from 74,000 ton of ore with an average grade of about 1.5% mercury. The mining started off at surface and...
International Tower Hill Mines Ltd. March 10 announced that its board has approved US$2.6 million for the 2020 work program at its 11.5-million-ounce Livengood gold project in Interior Alaska. Lying alongside a paved highway about 70 miles north of Fairbanks, Livengood is a near development gold mine project that could produce 6.8 million oz of gold over a 23-year mine life, or roughly 294,100 oz annually, according to a prefeasibility study completed in 2017. This is based...
Alaska Miners Association March 12 announced that due to health risks associated with COVID-19, it is cancelling the AMA spring biennial mining conference that was scheduled to be held in Fairbanks from March 30 through April 4. "We are deeply disappointed that the event cannot be held as planned. However, the World Health Organization has officially declared COVID-19 a pandemic and the state of Alaska has declared a state of emergency. As an industry that holds health and...
Freegold Ventures Ltd. announced that drills are now turning at Golden Summit, an advanced staged gold exploration project located alongside the Steese Highway about a 30-minute drive north of Fairbanks. Golden Summit hosts 61.5 million metric tons of indicated resource averaging 0.69 g/t ton (1.36 million ounces) gold; and 71.5 million metric tons of inferred resource averaging 0.69 g/t (1.58 million oz) gold. The oxide portion of this deposit, found largely within the upper...
Millrock Resources Inc. March 2 reported that a camp and drill rig are being mobilized to support the upcoming drill program at 64North, a gold exploration project that is just west of the Northern Star Resources Ltd.'s Pogo Mine. 64North includes nine claim blocks – West Pogo, Shaw, Eagle, LMS-X, South Pogo, East Pogo, North Pogo, Last Chance and Divide – covering roughly 160,000 acres in the Goodpaster District, a gold-rich area anchored by Northern Star Resources Ltd...
Teck Resources Ltd. Feb. 12 reported that the Red Dog Mine produced 552,400 metric tons (1.22 billion pounds) of zinc during 2019, down about 5% from the 583,200 metric tons (1.29 billion lb) of the galvanizing metal produced in 2018. The Northwest Alaska operation also produced 102,800 metric tons (226.6 million lb) of lead last year, which is a more than 4% increase over the 98,400 (217 million lb) produced the previous year. During the fourth quarter, Red Dog produced...
Trilogy Metals Inc. Feb. 26 announced that Ambler Metals LLC, a joint venture operating company equally owned by Trilogy and South32 Ltd., has approved a US$22.8 million budget for the 2020 program aimed at advancing the Upper Kobuk Mineral Projects (UKMP) in Northwestern Alaska. The largest part of this program will focus on advancing studies to prepare the Arctic mine project for permitting. A 2018 prefeasibility study for Arctic detailed plans for an open-pit mine and...
CopperBank Resources Corp. Feb. 14 announced the termination of its option on the Pyramid and San Diego Bay copper projects on the Alaska Peninsula. Pyramid, a large porphyry copper-gold-molybdenum deposit about 25 miles north of the community of Sand Point, is on private lands owned by Alaska Native Claims Settlement Act (ANCSA) regional and village corporations. Aleut Corp., the ANCSA regional corporation for the majority of the Alaska Peninsula and Aleutian Islands, owns...
Nova Minerals Ltd. Feb. 17 announced the start of a 18,500-meter 2020 phase-1 program at its Estelle gold project in Alaska. "We are pleased to have commenced the 2020 drill program so early on in the season and look forward to an exciting growth period for Nova in 2020 with the view of significantly increasing the resource," said Nova Minerals Managing director Avi Kimelman. This resource development drilling program will initially target an area of Korbel Block B that is...
Freegold Ventures Ltd. Jan. 19 announced that South32 Ltd. has agreed to fund at least US$2 million of exploration at the Shorty Creek porphyry copper project in Interior Alaska this year. Early last year, South32 entered into an option agreement with Freegold to acquire 70% interest in Shorty Creek for US$30 million, less any money the Australia-based major invested in exploring the promising copper-gold-silver-tungsten targets that have been identified across the property. T...
Ucore Rare Metals Inc. Feb. 10 announced that the Alaska Industrial Development and Export Authority (AIDEA) has reaffirmed its interest in funding the Alaska Strategic Metals Complex, a rare earth element separation facility that Ucore Rare Metals is planning to develop near Ketchikan, Alaska, and an eventual mine at the nearby Bokan Mountain REE project. Created by the Alaska Legislature in 1967, AIDEA is the development finance arm of the state of Alaska. This authority...
Redstar Gold Corp. Jan. 10 published a maiden industry-compliant resource for the SH-1 zone, formerly known as the Shumagin zone, on its Unga gold project on the Alaska Peninsula. The Unga project covers roughly 93 square miles (240 square kilometers) of two islands south of the Alaska Peninsula, Unga and Popof, that has long been known for its high-grade gold. The Apollo and adjacent Sitka mines, established on Unga Island in 1886, produced roughly 150,000 ounces of gold from...
South32 Ltd. and Trilogy Metals Inc. Feb. 11 announced the finalization of a joint venture to advance exploration and development of the Upper Kobuk Mineral Projects in the Ambler Mining District of Northwest Alaska. Australia-based South32 has contributed US$145 million to fund this new JV named Ambler Metals LLC and Canada-based Trilogy provided the 426,690-acre Upper Kobuk Mineral Projects (UKMP) to the new JV owned equally by the two companies. The funds contributed by...
Ucore Rare Metals Inc. Feb. 6 said it is taking a closer look at the mine portion of its mine-to-metal-to-market "M3" strategy for its Bokan-Dotson Ridge rare earth project in Southeast Alaska. Introduced by Ucore in September, M3 includes three initiatives to meet the needs of an independent rare earth supply chain in the United States – advancing its Bokan-Dotson Ridge to shovel-ready status; developing an associated facility to separate the rare earths found at Bokan i...
Continuing a tradition of growth, Hecla Mining Company has increased its reserves of silver, lead, and zinc to historic levels. Hecla goes into 2020 with 37.08 million metric tons of proven and probable reserves averaging 212.2 million ounces of silver, 2 billion pounds of zinc, 1.6 billion lb of lead and 2.71 million oz of gold. Hecla replaced the 12.6 million oz of silver produced from ore containing 15.4 million oz and increased reserves by 11 percent during 2019, despite u...
