The mining newspaper for Alaska and Canada's North

Articles from the February 4, 2022 edition

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  • Kinross Gold AIDEA critical minerals rare earth elements REE zinc Red Dog Teck

    Alaska mine output continues to rise

    Shane Lasley, Mining News|Updated Mar 4, 2022

    Alaska mines produced roughly $3.89 billion worth of nonfuel minerals last year, a 23% increase over the estimated $3.16 billion produced in the 49th State during 2020, according to Mineral Commodity Summaries 2022 published by the United States Geological Survey on Jan. 31. The rise in Alaska mine production value is largely due to increased zinc and gold production, along with strong metals prices last year. According to early estimates by the Alaska Division of Geological...

  • Alaska opinion North of 60 Mining News politics ANCSA WOTUS Sackett EPA

    Imagine a jigsaw puzzle without edges

    J. P. Tangen, Special to Mining News|Updated Mar 4, 2022

    In today's topsy-turvy world, perhaps the question we all should be asking is, in the unforgettable opening words of Admiral James Stockdale during the 1992 Vice Presidential debate, "Who am I, why am I here?". Admiral Stockdale was the person chosen to be Independent Ross Perot's Presidential running mate. His challengers were then-President George Bush and then Arkansas Governor Bill Clinton. Perot garnered about 19.7 million votes, many of which might have gone to... Full story

  • Victoria Gold Yukon Canada John McConnell Eagle Mine E.A. Scholz Award CEO

    Award-winning success at Eagle Gold

    Shane Lasley, Mining News|Updated Feb 24, 2022

    People. Victoria Gold Corp. CEO John McConnell's answer could not be more concise or clear when asked about the secret behind junior exploration turned gold producing company's success in developing, commissioning, and the first year-and-a-half of operations at the Eagle Gold Mine. Not planning, even though having a well-engineered plan and sticking to it was critical to staying on budget and schedule while developing a 200,000-ounce-per-day gold operation in the middle of...

  • Newcrest Mining British Columbia mining Canada First Nation Tahltan iTOTEM

    Mineral exploration is critical to BC

    Shane Lasley, Mining News|Updated Feb 17, 2022

    British Columbia and the First Nation people in Canada's westernmost province are poised to benefit from the increased need for minerals to build a low-carbon future, according to a new economic impact study the Association for Mineral Exploration published in partnership with iTOTEM Analytics. "With demand for the minerals and metals we discover soaring to meet the needs of a low-carbon economy, we understand the acute importance of the critical role we play in achieving...

  • Seabridge Gold KSM Golden Triangle map British Columbia Canada Snowfield

    A 60M oz gold deposit emerges at KSM

    Shane Lasley, Mining News|Updated Feb 17, 2022

    Seabridge Gold Inc. Feb. 1 reported that its 2021 drilling at KSM shows that its new 25.9-million-ounce Snowfield deposit is essentially a continuation of its 34.3-million-oz Mitchell deposit, which bodes well for incorporating Snowfield into a prefeasibility study that considers an even larger mine at KSM. A 2016 PFS detailed plans for a mine at KSM that would produce an average of 540,000 oz gold, 156 million lb copper, 2.2 million oz silver, and 1.2 million lb molybdenum...

  • Nighthawk Gold map Indin Lake gold project NWT Canada 2021 exploration program

    Nighthawk reports final 2021 drill assays

    Shane Lasley, Mining News|Updated Feb 10, 2022

    Nighthawk Gold Corp. Jan. 31 reported results from 31 holes drilled at the Colomac, Grizzly Bear, and 24 deposits during the second phase of a 72,325-meter 2021 drill program at Indin Lake, the largest drill program ever at this 930-square-kilometer (359 square miles) gold property in Northwest Territories. According to calculation completed last May, Indin Lake hosts 38.7 million metric tons of indicated resource averaging 1.81 grams per metric ton (2.25 million ounces) gold...

  • Felix Gold Pedro Fairbanks Mining District map Millrock Resources Treasure Creek

    Felix Gold completes A$10 million IPO

    Shane Lasley, Mining News|Updated Feb 10, 2022

    Felix Gold Ltd. Jan. 31 announced the completion of an A$10 million (U$7.1 million) initial public offering and listing on the Australian Securities Exchange under the ASX symbol FXG. "This is a significant milestone for your company and the board of Felix would like to thank all shareholders for their strong support," Felix Gold Managing Director and CEO Kylie Prendergast penned in a Jan. 31 letter to shareholders. "Listed or unlisted, our overarching objective of becoming a...

  • Dolly Varden Silver Torbrit deposit British Columbia Canada 2021 highlights map

    Expanding Torbrit, Dolly Varden potential

    Shane Lasley, Mining News|Updated Feb 10, 2022

    Dolly Varden Silver Corp. Jan. 31 reported wide sections of silver mineralization from the 2021 drilling of several zones that make up Torbrit, the largest of the four deposits on the Dolly Varden property south of Stewart, British Columbia. The roughly 21,745-acre (8,800 hectares) Dolly Varden property covers four historic mines that produced more than 19 million ounces of silver over four decades, beginning in 1919. Four deposits associated with these past-producing mines...

  • Cliff Creek Duke Ridge Benchmark Metals Lawyers project British Columbia map

    Expanding Cliff Creek-Duke Ridge deposit

    Shane Lasley, Mining News|Updated Feb 10, 2022

    Benchmark Metals Inc. Jan. 28 reported that the latest results from its 2021 drill program is continuing to expand Cliff Creek South, a newly discovered expansion area of the Cliff Creek deposit on the company's Lawyers gold project in Northern British Columbia. According to a calculation published in May, the Cliff Creek, AGB, and Dukes Ridge deposits at Lawyers host 40.3 million metric tons of indicated resource averaging 1.19 grams per metric ton (1.55 million ounces) gold...

  • Banyan Gold AurMac Airstrip Powerline Aurex Hill 2022 drill program Yukon Canada

    Banyan kicks off 2022 with 30,000m plan

    A.J. Roan, Mining News|Updated Feb 10, 2022

    Banyan Gold Corp. Feb. 2 announced the start of a 30,000-meter drill program at AurMac in the Yukon that is focused on the continued expansion of the Powerline deposit and Aurex Hill zone on this gold exploration project about 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle Gold Mine. "Exploration at the AurMac property has now resumed with three diamond drill rigs..." said Banyan Gold President and CEO Tara Christie. "The initial focus is the expansion of the Po...

  • Gold Terra Resource Yellowknife City Gold Project map NWT Canada 2022

    Junior targets 2 million oz gold in 2022

    Rose Ragsdale, For Mining News|Updated Feb 10, 2022

    As final assays of its productive 2021 exploration program roll in, Gold Terra Resource Corp. is working on a plan to boost the 1.2-million-ounce inferred resource of its Yellowknife City Gold Project substantially by drilling in new areas and proving up historic resources in and around the capital city of Northwest Territories. The YCG project lies on the prolific Yellowknife greenstone belt, covering nearly 70 kilometers (43 miles) of strike length along the main...