Articles from the January 22, 2017 edition
Sorted by date Results 1 - 10 of 10
TMAC nears first gold
TMAC Resources Inc. Jan. 11 said it anticipates producing between 130,000 and 140,000 ounces of gold during the first year of production at its Hope Bay Mine in the Kitikmeot region of Nunavut. The company said commissioning of the processing... — Updated 1/24/2018
Road funds good news for Nico cobalt project
Fortune Minerals Ltd. Jan. 12 reported federal funding for the construction of an all-season road to Whati, a Northwest Territories community about 50 kilometers (30 miles) south of Fortune's Nico cobalt-gold-bismuth-copper project. Following an... — Updated 1/24/2018
Spirit of optimism
With C$2.5 million in the bank and roughly two dozen mineral exploration projects it has generated in Alaska, British Columbia, New Mexico and Mexico, Millrock Resources Inc. is prepared for a... — Updated 1/19/2018
Back River gold goes back to Nunavut review board
Sabina Gold & Silver Corp. Jan. 13 said the Minister of Indigenous and Northern Affairs Canada, has determined that the Back River gold project should be returned to the Nunavut Impact Review Board for further consideration. Late in 2015, Sabina... — Updated 1/19/2018
North Arrow cuts deal for ownership of Q1-4
North Arrow Minerals Inc. Jan. 17 said it has agreed to acquire Stornoway Diamond Corp.'s interests in Qilalugaq and Pikoo, which will give North Arrow full ownership of both northern Canada diamond projects. Under terms of the agreement, North... — Updated 1/19/2018
Production climbs at Imperial's BC mines
Imperial Metals Corp. Jan. 18 reported that its share of 2016 production from three British Columbia mines totaled 119.17 million pounds copper, 94,930 ounces gold and 330,960 oz. silver, up from the 88.13 million lb copper, 44,710 oz gold and... — Updated 1/19/2018
Atac steps up drilling at Rackla gold project
Atac Resources Ltd. Jan. 17 announced plans for a C$10 million exploration program at its Rackla gold project, an extensive land package that stretches roughly 185 kilometers (114 miles) east-west across central Yukon Territory. This fully-funded... — Updated 1/19/2018
Northern Dynasty set to raise at least US$32.6 million in popular financing
Northern Dynasty Minerals Ltd. Jan. 11 announced plans to raise US$25 million, a financing that quickly swelled to US$32.56 million due to the immediate demand for the shares being offered. The original bought deal offering - made through a... — Updated 1/19/2018
Alaska joins multi-state fight of "one-size-fits-all" coal reg
Gov. Bill Walker Jan. 17 announced that Alaska has joined 12 other states in bringing a legal challenge to the U.S. Department of the Interior's Stream Protection Rule, which would place rigid restrictions on coal mines in the United States. In a... — Updated 1/19/2018
Northern Alaska placer mine more than doubles gold in 2016
Goldrich Mining Co. Jan. 18 reported that the Chandalar placer gold mine in northern Alaska produced 10,209 ounces of alluvial gold, or roughly 8,200 ounces of refined gold, during the 2016 mining season. This is roughly a 117 percent increase... — Updated 1/19/2018