Stories from September, 2024
Stories from September, 2024
With underground mine development running behind schedule, the company suspends gold recovery operations at the Northern B.C. mine. In a situation that is less than ideal for a junior mining company that is transitioning from exploration and development to gold producer, Ascot Resources Ltd. has suspended milling operations at Premier to focus on underground mining at its high-grade gold-silver project in Northern British Columbia. Located about 15 miles (25 kilometers) north...
Second campaign expected to generate another 10,000 oz of gold for Contango Ore, which will fund other direct shipping ore mines in Alaska. After receiving roughly $32 million of gold and silver in August from the first direct shipping ore processed under its hybrid royalty model, Contango Ore Inc. reports that Kinross Gold Corp. is processing the second batch of high-grade ore from Manh Choh through the mill at its Fort Knox Mine north of Fairbanks, Alaska. "It is great to...
Alaska Energy Metals has partnered with the Colorado School of Mines and Virginia Polytechnic Institute to answer that question. Alaska Energy Metals Sept. 18 announced that it has partnered with the Colorado School of Mines and Virginia Polytechnic Institute to determine how much carbon dioxide a mine at its Nikolai project in Alaska could capture and store while also providing a domestic supply of nickel, copper, cobalt, and platinum group metals (PGMs) for the energy...
Renames Herbert Gold, reveals mine plan, and partners with Goldbelt for direct shipping ore infrastructure, all toward developing the next Alaskan gold mine. Grande Portage Resources Ltd. announced strategic moves to advance its New Amalga Mine project in Southeast Alaska toward production, unveiling a conceptual mining plan and signing a partnership with Goldbelt Inc. to develop key infrastructure. Building on years of exploration, regulatory approvals, and resource growth,...
Freegold Ventures continues to expand and upgrade world-class gold deposit just outside of Fairbanks, Alaska. Freegold Ventures Ltd. Sept. 10 reported that the Dolphin-Cleary deposit at its Golden Summit project about 25 road-miles north of Fairbanks, Alaska, now hosts 23.8 million ounces of open-pit mineable gold in all resource categories, plus 1.1 million oz of underground mineable gold. While this deposit is already world-class in size, there is substantial evidence that...
Western Alaska Minerals encounters silver-zinc-lead zone below the gold-copper mineralization reported in August. Western Alaska Minerals Corp. Sept. 10 reported that this year's drilling encountered a zone of high-grade silver-zinc-lead mineralization at the Warm Springs target at Illinois Creek that has the potential to be much larger than the Waterpump Creek deposit already outlined on this property about 300 miles west of Fairbanks, Alaska. In late August, the company...
This year's program will test higher-grade gold corridors at Chicken Mountain; explore new targets. Tectonic Metals Inc. Sept. 11 announced the start of a 2024 drill program that will target higher-grade corridors identified at Flat and test exploration targets across the roughly 99,000-acre gold project in Southwest Alaska. "We are pleased to commence the 2024 exploration program at our flagship Flat project and test the results of our ongoing compilation and interpretive...
Pentagon turns to Idaho gold mine for a strategic domestic supply of critical metalloid. Falling in the grey area between metals like zinc and nonmetals like carbon, antimony is a semi-metal that possesses some interesting properties that make it a vital ingredient in a wide range of household, industrial, high-tech, and military goods. Despite its widespread uses, many people have never heard of antimony and fewer still realize that this intriguing metalloid is considered...
Rising demand, lack of domestic supply, and China's dominance. While graphite has not captured the same level of media attention as some of the other mined materials critical to the clean energy transition, the strategic nature of this largest ingredient in lithium-ion batteries powering electric vehicles is high on the list of concerns for American automakers, Washington policymakers, and the Pentagon's top brass. These worries are based on a trifecta of graphite...
Separation and processing are the master link of US supply chain. From tech devices such as smartphones and computer monitors to clean energy products like electric vehicles and wind turbines, household goods like vacuum cleaners and refrigerators, and military hardware such as F-35 fighters and communications equipment, rare earths have a critical role to play in nearly every facet of America's economy and security. The United States, however, currently relies on China for...
