Stories from July, 2024
Stories from July, 2024
Government reports new strategies and increased monitoring at its fourth technical briefing following Eagle heap leach failure. The Yukon government July 19 announced a fourth technical briefing, led by Minister of Energy, Mines, and Resources John Streicker, to update Yukoners on the regulatory oversight and collaborative efforts at Victoria Gold's Eagle Gold Mine following the heap leach failure. In the weeks following the collapse of the heap leach pad at Eagle Mine,...
Governments commit C$195 million to improving highway infrastructure in critical minerals-rich Northern BC. Heralded as a win for First Nations residents and the mining industry in Northern British Columbia, the federal and provincial governments are investing C$195 million (US$142.6 million) to upgrade highway infrastructure in the critical minerals-enriched Golden Triangle. "The Northwest BC Highway Corridor Improvements Project will benefit a critical mineral region and... Full story
Northern Dynasty receives final installment of second $12M tranche, supporting advancement of the Pebble project amidst legal challenges. Northern Dynasty Minerals Ltd. July 25 announced the receipt of a remaining $10 million payment, completing the second tranche of a $60 million royalty agreement to support the advancement of the Pebble project in Southwest Alaska. Toward the end of July 2022, Northern Dynasty was pleasantly surprised by a $60 million investment from an... Full story
Freegold cuts strong gold mineralization in first 2024 holes drilled west of Dolphin-Cleary deposit. Freegold Ventures Ltd. July 22 reported bonanza-grade gold intercepts in the first two holes of a 2024 drill program testing a large expansion area west of the 20-million-ounce Dolphin-Cleary gold deposit at its Golden Summit project about 25 miles north of Fairbanks, Alaska. According to an early 2023 calculation, the Dolphin-Cleary deposit hosts 407.54 million metric tons of... Full story
Northwest Alaska mine heads into second half of the year on track to hit Teck's upper guidance for zinc and lead. Teck Resources Ltd. July 23 reported that its Red Dog mine in Northwest Alaska produced 284,700 metric tons (627.6 million pounds) of zinc and 54,300 metric tons (119.7million lb) of lead over the first six months of 2024, which puts the Northwest Alaska operation on pace to hit the upper end of the metals production guidance established by Teck in February.... Full story
Northern Star's Alaska mine outperforms on all fronts. Northern Star Resources Ltd. July 25 reported that its Pogo Mine in Alaska produced a record 92,078 ounces of gold during the second quarter of calendar year 2024, a 13% increase over the 81,322 oz produced during the same period last year and an enormous 58% climb from the 58,432 oz recovered during the previous quarter. "Pogo in Alaska delivered an exceptional quarter," Northern Star Managing Director and CEO Stuart...
After outlining 8 billion lb of nickel at Eureka, Alaska Energy Metals tests higher-grade targets at Canwell. Alaska Energy Metals Corp. July 16 announced that drills are testing three targets on the Canwell block of claims at its Nikolai project, where a combination of geology, geochemistry, and geophysics have identified compelling potential for bodies of nickel-rich massive sulfide mineralization. Nikolai is comprised of two blocks of claims – Eureka and Canwell – that... Full story
Ambassador’s will gain unique educational experiences, mentorship, and networking opportunities at The World’s Premier Mineral Exploration & Mining Convention. Applications are now open for the Prospectors and Developers Association of Canada's (PDAC) inaugural Indigenous Youth and Early Career Ambassador Program. This program's Ambassadors will receive support to attend the PDAC 2025 Convention, where they will gain unique educational experiences, mentorship, and... Full story
