The mining newspaper for Alaska and Canada's North

Articles from the January 26, 2024 edition

Sorted by date  Results 1 - 10 of 10

  • A snowcat with plow for grooming the winter road to the Goose gold mine.

    Goose gold mine costs now at $1 billion

    Shane Lasley, Mining News|Updated May 8, 2024

    Underestimated costs in feasibility, inflation push development costs higher; mine remains on pace to pour first gold during Q1 2025. With construction ahead of schedule, B2Gold Corp. says its Back River gold project in Nunavut remains on track to pour its first gold early in 2025. Costs, however, are tracking approximately 30% higher than was estimated, which is expected to push the final price tag for mine development north of C$1 billion (US$750 million). Last April,... Full story

  • Molten gold cascades down bar molds at Northern Star’s Pogo mine in Alaska.

    Pogo produces 259,573 oz gold in 2023

    Shane Lasley, Mining News|Updated Feb 24, 2024

    Northern Star Resources Ltd. Oct. 19 reported that its Pogo Mine produced 66,655 ounces of gold during the final three months of calendar year 2023, which lifted the Alaska operation's output for the year to 259,573 ounces. "The Pogo team are enduring negative 40-degree days in Alaska but have maintained strong momentum in operational improvements with quarterly gold sales of 66,000 ounces and an all-in-sustaining costs of US$1,367 an ounce," Northern Star Resources Managing...

  • A Northwestern Air Jetstream in Edmonton, Canada.

    Diavik plane crash leaves NWT reeling

    A.J. Roan, Mining News|Updated Feb 1, 2024

    Routine flight turns tragedy as six reported dead after crash; authorities, Rio Tinto seek to determine cause. A routine trip on a small Jetstream aircraft on its way to Rio Tinto's Diavik diamond mine turned to tragedy when the flight crashed shortly after takeoff near Fort Smith, Northwest Territories. "We have been informed by authorities that a plane on its way to our Diavik mine, carrying a number of our people, crashed near Fort Smith, Northwest Territories, Canada,... Full story

  • A selection of rough, polished diamonds found at Gahcho Kué.

    Mountain Province reports strong year

    A.J. Roan, Mining News|Updated Feb 1, 2024

    Mountain Province Diamonds Inc. Jan. 23 reported its production and sales results for the fourth quarter and full year 2023 from its Gahcho Kué diamond mine in Northwest Territories, Canada, underscoring the slow recovery of the diamond sector in the aftermath of the COVID-19 pandemic. Located about 280 kilometers (175 miles) northeast of Northwest Territories' capital city, Yellowknife, Gahcho Kué is a diamond mine owned and operated by a joint venture between De Beers C...

  • Geologists inspecting geology on slope at Fireweed’s Macmillan Pass project.

    Last Boundary results exemplify prospect

    A.J. Roan, Mining News|Updated Jan 25, 2024

    Fireweed Metals Corp. Jan. 22 announced the final results from a pivotal 2023 drilling campaign that successfully defined a high-grade feeder zone that joins the Boundary Main and Boundary West targets into the singular Boundary Zone on the company's Macmillan Pass zinc-lead-silver project in Yukon, Canada. Accumulating more data for an inevitable updated resource estimate, the 2023 program utilized five rigs to complete more than 22,500 meters of diamond drilling at the...

  • Bird’s eye view of exposed hard rock lithium pegmatite in NWT.

    Li-FT results highlight lithium prospect

    A.J. Roan, Mining News|Updated Jan 25, 2024

    Li-FT Power Ltd. Jan. 23 announced the next set of assays from drilling at the company's Yellowknife Lithium project in Northwest Territories, Canada, which includes another batch from the Nite deposit, along with Fi Main, BIG West, and Ki targets. Last week, the company released results that came from the Fi Main, BIG West, and Nite complexes, however, intercepts from Fi Main shifted the direction of what Li-FT will most likely be targeting in its upcoming season. "The...

  • A mine crusher, conveyors, and trucks under a burst of green northern lights.

    Vital's Nechalacho strategy takes shape

    Shane Lasley, Mining News|Updated Jan 25, 2024

    Vital Metal Ltd. Jan. 24 provided an update on its exploration and development strategy for the Nechalacho rare earths project in Northwest Territories. The Australia-based company began mining rare earths from a small, high-grade deposit at Nechalacho in 2021. However, technical and financial difficulties led Vital to rethink its previous strategy to establish a relatively small mine at Nechalacho and rare earths processing plant in Saskatchewan. Upon completion of a...

  • Modular exploration camp shines brightly on a winter night in British Columbia.

    Drilling affirms high-grade Silvertip

    Shane Lasley, Mining News|Updated Jan 25, 2024

    One hole returns 4.9m of 3,053 g/t silver-equivalent; Exploration VP says most potent part of deposit is yet to be drilled. Coeur Mining Inc. Jan. 22 reported that the high-grade silver, zinc, and lead encountered during the 2023 drill program at Silvertip further demonstrates the potential for this Northern British Columbia mine project to be a cornerstone asset for the company moving forward. Since acquiring Silvertip in 2017, Coeur has invested roughly US$60 million into...

  • A Canadian First Nation girl drives a virtual mining truck.

    TNDC unveils virtual HEO training center

    Shane Lasley, Mining News|Updated Jan 25, 2024

    New heavy equipment operator training center equipped with cutting-edge simulators to train Tahltan residents for careers close to home. Northwest British Columbia residents now have a safe and virtual environment for heavy equipment operator training thanks to the new TNDC Training Centre equipped with four simulators that was unveiled by Tahltan Nation Development Corp. at the AME Roundup mining convention in Vancouver, British Columbia, on Jan. 24. "We are thrilled to... Full story

  • A sledgehammer alongside highly mineralized broken rock at Silver Lime.

    Core Assets discovers new porphyry signs

    Shane Lasley, Mining News|Updated Jan 25, 2024

    Core Assets Corp. Jan. 24 reported that the 2023 shallow drilling completed at the Jackie carbonate replacement deposit (CRD) target cut multiple zones of semi-massive to massive sulfide mineralization, as well as further evidence of a potentially much larger porphyry body underlying the zinc-lead-silver-copper mineralization found at surface at the Silver Lime project on the company's Blue property in Northern British Columbia. Lying alongside the Alaska border in BC's Atlin...