The mining newspaper for Alaska and Canada's North

Articles from the February 1, 2015 edition

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  • Bokan drilling cuts deeper REEs

    Shane Lasley|Updated Feb 1, 2015

    Ucore Rare Metals Inc. Jan. 28 reported that all five holes drilled beneath the existing resource at the Bokan-Dotson Ridge heavy rare earth element project in Southeast Alaska intercepted mineralization with grade and rare earth content consistent with what has already been delineated. The existing Bokan resource currently extends to an average depth of 220 meters and the five deeper holes drilled in 2014 cut the mineralized zone an average of 100 meters below all previous...

  • Palmer expansion slated for 2015

    Shane Lasley|Updated Feb 1, 2015

    Constantine Metal Resources Ltd. Jan. 26 reported final drill results and summarized key advancements of the 2014 exploration program at its Palmer copper-zinc-gold-silver project in Southeast Alaska. Two of the newly reported holes, CMR14-64 and CMR14-65, intersected the massive sulfide electromagnetic plate target of the South Wall zone. Hole 64 cut 4.1 meters grading 0.55 percent copper, 4.98 percent zinc, 21.1 grams per metric ton silver, 0.16 g/t gold and hole 65 cut...

  • Senators seek to limit EPA veto

    Shane Lasley|Updated Feb 1, 2015

    Sens. David Vitter (R-LA) and Joe Manchin (D-WV) Jan. 7 re-introduced legislation aimed at prohibiting the Environmental Protection Agency from pre-emptively or retroactively vetoing a permit under Section 404 of the Clean Water Act. The re-introduced legislation, "Regulatory Fairness Act of 2015", has been designated S.54. The EPA previously used CWA Section 404 authority to revoke permits issued for the Mingo Logan coal mine project in Manchin's home state of West Virginia....

  • Bumpy road ahead

    Shane Lasley, Mining News|Updated Feb 1, 2015

    Plummeting oil prices have put Alaska residents and Alaska miners in the same boat. Suddenly, it's less expensive to top off the tank of an SUV or a haul truck, but the state budget, fueled by oil revenue, is teetering on the edge of an estimated $3.5 billion deficit. That's $10 million a day for 2015. "We know Alaska is experiencing a significant drop in revenue - the price of oil has dropped more than 50 percent over the past six months," Alaska's new governor, Bill Walker,...

  • Mine eyes next decade, beyond

    Rose Ragsdale, For Mining News|Updated Feb 1, 2015

    Greens Creek Mine is preparing for the next stage of its long-running tenure as a low-cost primary silver producing mine in Southeast Alaska. The underground mine, located on Admiralty Island about 18 miles southwest of Juneau, extracts ore from a volcanogenic massive sulphide deposit with an unusually high silver content. The mine produces silver, along with zinc, lead and gold as by-products. Idaho-based Hecla Mining Co. owns the mine, which has operated for most of the quarter-century since its operations began in 1989....

  • Northern Neighbors

    Shane Lasley|Updated Feb 1, 2015

    British Columbia Premier Christy Clark Jan. 26 unveiled C$9 million in new funding to support mining in the province. Clark said the funds will establish a Major Mines Permitting Office to improve coordination of major mine permits across government, add staff to conduct more inspections and permit reviews, and maintain improved turnaround times for notice of work permits. The base budget of the ministry will be increased by about C$6 million, including a portion to make... Full story