The mining newspaper for Alaska and Canada's North

Articles from the February 16, 2024 edition

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  • Molten gold pours into a bar mold at the Fort Knox mine.

    Delivering more gold for Fort Knox growth

    Shane Lasley, Mining News|Updated May 8, 2024

    As trucks deliver Manh Choh ore, Kinross invests in near-pit resource growth, workforce growth in AK. Kinross Gold Corp. Feb. 17 reported that its Fort Knox Mine in Alaska produced 290,651 ounces of gold during 2023. While this is on par with the 291,248 oz produced in 2022, the company expects gold output from the Kinross Alaska mill at Fort Knox to rise sharply with the introduction of much higher-grade ore from the Manh Choh mine later this year. The nearly 300,000 oz of...

  • STLLR Gold waiting for TSX countdown for its market to open.

    Merged STLLR Gold opens trading on TSX

    A.J. Roan, Mining News|Updated May 8, 2024

    Signals successful Nighthawk, Moneta merger. STLLR Gold Inc. Feb. 12 opened trading on the Toronto Stock Exchange, signaling the successful merger between former Nighthawk Gold Corp. and Moneta Gold Inc. Attended by former president and CEO of Nighthawk, Keyvan Salehi, who now sits as president and CEO of STLLR, the new management team at STLLR, and Omar Khafagy, manager of corporate access at TSX, the company celebrated its recent merger with the successful opening of a...

  • Drillers complete hole EZ-23-005 during a sunny August day at Nikolai.

    Eureka now hosts 8 billion lb of nickel

    Shane Lasley, Mining News|Updated May 8, 2024

    Alaska Energy Metals' 2023 drilling results in a fivefold increase in nickel within new resource. Incorporating the results from its inaugural drill program at Nikolai, Alaska Energy Metals Corp. has already outlined 8.1 billion pounds of nickel in the project's Eureka Zone, which is more than five times the quantity of this battery metal than was contained within the resource calculated last November. "With this updated mineral resource estimate, the Eureka deposit of the...

  • Red, white, blue buildings reflect off pond at Red Dog zinc mine in Alaska.

    Red Dog awarded the Zinc Mark stamp

    Shane Lasley, Mining News|Updated May 8, 2024

    The world's first zinc mine to meet the high ESG standards to be awarded this mark of sustainability. Teck Resources Ltd.'s Red Dog Operations in Northwest Alaska is the world's first zinc mine to be awarded the Zinc Mark, a certification that the facility meets high environmental, social, and governance standards. Accounting for more than 4% of global zinc production – along with lead, silver, and germanium byproducts – Red Dog is the largest critical minerals mine in the...

  • A drill tests for gold and silver on a cloudy day in Northern B.C.

    Bonanza gold drilled at Homestake Silver

    Shane Lasley, Mining News|Updated Feb 29, 2024

    One hole cut 0.68 meters of 1,335 g/t gold on the northwest side of the Homestake Silver deposit . Dolly Varden Silver Corp. Feb. 12 reported that its 2023 drilling discovered a high-grade gold zone extending off the northwest end of the Homestake Silver deposit on the north side of the company's Kitsault Valley project in Northern British Columbia. Lying about 40 kilometers (25 miles) southeast of Stewart, B.C., the 63-square-mile (163 square kilometers) Kitsault Valley...

  • Closeup of core from drilling through high-grade silver-zinc-lead veins.

    Hecla silver reserves at 238 million oz

    Shane Lasley, Mining News|Updated Feb 29, 2024

    Company expands Keno Hill and Lucky Friday reserves, readies Greens Creek for the next jump. Hecla Mining Company Feb. 13 reported that its 2023 exploration resulted in the second-highest silver reserves and the largest gold resource ever for the Idaho-based company. "Hecla's silver reserves are the second highest in our 133-year history at 238 million silver ounces and only 1% less than last year's all-time highest reserve, and gold resource is the highest in our history," sa...

  • Geologist stands at the end of exposed outcrop at lithium project.

    Home stretch for 2023 Li-FT drill assays

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

    Results impress with high-grade lithium at Nite. Li-FT Power Ltd. Feb. 13 announced the next eight holes from its Yellowknife Lithium Project in Northwest Territories, Canada, bringing the total reported to 182 out of the 198 drilled last year. Despite kicking off its 2024 season before receiving remaining assays from 2023, the volume of data already received from last year's expansive drill campaign gave the company a clear enough picture to get a head start in another...

  • Geologist examines unique rock formation at 3 Aces.

    Seabridge solves 3 Aces continuity mystery

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

    Long hidden geological controls solved, shapes plans for future drilling of high-grade gold target. Seabridge Gold Inc. Feb. 14 announced the results from the 2023 drill program established a new model for the mineralization associated with the main high-grade gold target at its 3 Aces project in Yukon, Canada, giving the company a clear path forward for follow-up evaluation and resource delineation in the coming season. With the added data from 7,759 meters of core and...