Stories from October, 2024
Stories from October, 2024
New equipment and innovations unveiled at mining event underscore the complexities of transitioning mines from diesel to electric. MINEXPO INTERNATIONAL 2024, LAS VEGAS – From the heavy equipment manufacturers with their monstrous mining machines inside the Las Vegas Convention Center to the mining companies kicking the tires of those machines, transitioning to the zero-emissions mines of tomorrow was a topic that commanded center stage at MINExpo 2024. While the...
German firm unveils $2.8 billion zero-emissions mining equipment partnership with Fortescue. MINEXPO INTERNATIONAL 2024, LAS VEGAS – Grabbing the spotlight during the world's largest mining event is no small feat. A historic $2.8 billion partnership to further advance the technologies needed for zero-emissions mining, however, put German heavy equipment manufacturer Liebherr and West Australian miner Fortescue front and center during the main event that comes around just...
Acquisition comes with a high-grade, low-cost Mexico mine that is expected to boost Coeur's silver, gold, and cash production. In a deal that will elevate its silver production to roughly 21 million ounces per year and gold output to 432,000 oz/y, Coeur Mining Inc. has agreed to acquire SilverCrest Metals Inc. in an all-shares deal worth $1.7 billion. "The acquisition of SilverCrest creates a leading global silver company by adding low-cost silver and gold production and...
First Nation-leased solar powers Yukon mining project, reducing emissions and supporting local economic growth. In an effort to reduce emissions and enhance sustainability, Fireweed Metals Corp., Dena Nezziddi Development Corporation (DNDC), and Solvest Inc. have partnered to install a renewable power system at Macpass Camp, a move that advances clean energy integration at the Macmillan Pass (Macpass) zinc-lead-silver exploration project in Yukon, Canada. Based in Ross River,...
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...
Grid Connect Project aims to deliver affordable energy, unlocking potential for mining and economic development. The recent federal investment of C$60 million (US$44.2 million), including C$40 million (US$29.7 million) earmarked for connecting Yukon to the North American power grid, is being welcomed as a promising step toward addressing the territory's longstanding energy challenges, with local industries, particularly mining companies, seeing this infrastructure upgrade as...
More than doubles the indicated resource at this copper-gold-silver deposit in Alaska. U.S. GoldMining Inc. Oct.7 reported that a new calculation more than doubles the amount of copper, gold, and silver in indicated resources within the namesake deposit on its Whistler project in the West Susitna Mineral district about 100 miles northwest of Anchorage, Alaska. Since the successful listing on the Nasdaq with a $20 million public offering in April of 2023, U.S. GoldMining has...
Explore the chilling stories of infamous criminals who preyed the mining frontiers of Alaska and Canada at the turn of the 21st century. As the nights grow longer and the chill of October creeps in, we gather around the flickering glow of campfires, drawn to glimmering tales of the Gold Rush and a darkness drawn by the riches pulled from northern streams and golden beaches. The Far North, with its untouched wilderness and promise of wealth, drew all sorts: brave souls seeking...
The federal district court has come to the rescue of the state with regard to unwarranted closure of millions of acres of arctic waters. On April 1, 2022, the National Marine Fisheries Service (NMFS) issued a final rule designating in excess of 160 million acres of the Bering, Chukchi, Beaufort and East Siberian seas critical habitat for the Beringia distinct population segments of the bearded seal and the Arctic ringed seal. In February 2023, the state of Alaska initiated...
