Articles from the February 15, 2004 edition

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 By Patricia Jones    News

Donlin Creek feasibility work continues

Power, road access and availability of limestone are all key issues that Placer Dome is working through in its effort to produce a feasibility study for the 28-million ounce gold deposit called Donlin Creek, in remote southwest Alaska. The major... — Updated 2/15/2004 Full story

 
 By Gary Park    News

Diamond prospectors spur permit frenzy

With diamond production soaring in the Northwest Territories, prospectors are ready to flood the region as Canada works its way into third place among world's producers. The Northwest Territories and Nunavut governments have issued more than 2,000... — Updated 2/15/2004

 
 By Patricia Jones    News

A message from the editor

If it can't be grown, it's got to be mined" is a popular bumper sticker slogan in Fairbanks, an Interior Alaska town founded more than 100 years ago by miners who struggled for gold found in creeks draining the surrounding rugged hills. The... — Updated 2/15/2004

 
 By Patricia Jones    News

New partner for Golden Summit: Freegold lands mid-tier company, drilling to start in late February

Drills will start turning on the Golden Summit property within a month's time of its owner signing a new joint venture agreement with a mid-tier mining company. Freegold Ventures Ltd., a Vancouver, B.C.-based junior exploration firm, optioned its... — Updated 2/15/2004

 
 By Gary Park    News

Lawsuit closes, wrapping up joint Northwest Territories, Nunavut venture

Settlement of a legal spat has also ended a joint diamond exploration venture in the Northwest Territories and Nunavut. Ashton Mining of Canada and Pure Gold Minerals finally resolved a lawsuit that was launched in May 2002. They teamed up in 1993... — Updated 2/15/2004

 
 By Patricia Jones    News

Environmental appeal dismissed

The U.S. Forest Service has dismissed an environmental group's appeal of an agency decision to allow operators of the Greens Creek mine to expand its tailings pile for the mining operation on Admiralty Island, some 18 miles southwest of Juneau,... — Updated 2/15/2004

 
 By Patricia Jones    News

Claim staking rush surrounds Pebble

Three exploration companies independently and secretively launched major land staking efforts in December, laying claim to more than 300 square miles of state land surrounding the Pebble gold-copper-molybdenum deposit in southwest Alaska.... — Updated 2/15/2004 Full story

 

Curator of Juneau museum leaving

Mary Pat Wyatt was dismayed when she began assessing the assortment of objects that would become the first collection of the Juneau-Douglas City Museum. With a background in art history and sculpture, and stints at the Smithsonian Institution and... — Updated 2/15/2004

 
 By Patricia Jones    News

Kinross back to early stage projects

Kinross Gold, owner and operator of the Fort Knox gold mine, said during a company-wide exploration presentation that Fairbanks area work will focus on in-pit expansion, the Gil and Ryan Lode prospects and six early stage properties. Company... — Updated 2/15/2004

 
 By Patricia Jones    News

Kensington review moves forward

State and federal regulatory agencies released a draft version of a supplemental environmental impact statement Jan. 23 for the Kensington underground hard rock gold mine. Project developer Coeur Alaska Inc., a subsidiary of Coeur d'Alene Mines Cor... — Updated 2/15/2004 Full story

 

New player Liberty Star Gold acquires largest single claim block in state's history

As in past years, Canada's Fraser Institute (www.fraserinstitute.ca) has released the results of its annual mining investment attractiveness survey for 2003-2004. The survey represents responses from 132 junior mining companies and 27 senior... — Updated 2/15/2004 Full story

 
 By Patricia Jones    News

Red Dog posts dramatic turnaround

An increase in sales coupled with significantly higher zinc and lead prices helped the Red Dog Mine in northwest Alaska post a $50 million profit in 2003, turning round from a $28 million loss posted the prior year. Red Dog's operator, Teck... — Updated 2/15/2004

 
 By Patricia Jones    News

Teryl Resources plans drilling at West Ridge

Vancouver, B.C.-based Teryl Resources plans to drill up to 15 reverse circulation holes on its West Ridge gold exploration property, located just south of the True North mine, about 10 miles west of the Fort Knox in Interior Alaska. In a Feb. 9... — Updated 2/15/2004

 
 By Patricia Jones    News

Reclamation complete at Ryan Lode gold mine

Alaska state regulators have signed off on completed reclamation work at the shuttered Ryan Lode mine some 10 miles northwest of Fairbanks in the midst of a hilltop residential area. But gold prospecting work will continue this year at the old... — Updated 2/15/2004 Full story

 

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