The mining newspaper for Alaska and Canada's North

Articles from the February 23, 2024 edition

Sorted by date  Results 1 - 9 of 9

  • Looking down on steel buildings and modular camp on a snow-covered landscape.

    First Premier gold pour slated for April

    Shane Lasley, Mining News|Updated May 8, 2024

    Ascot raises $96.6 million to ramp Northern BC gold-silver mine to steady production; workers achieve impressive safety milestone. With the price of gold holding steady above $2,000 per ounce, Ascot Resources Ltd. is wrapping up the development of its Premier Mine and expects to pour the first gold at this newest iteration of the historic Northern British Columbia operation in April. "With project construction nearing completion and early commissioning underway, we eagerly ant...

  • A stack of boxes full of core from a 2021 hole drilled at Waterpump Creek.

    75M oz of silver-eq at Waterpump Creek

    Shane Lasley, Mining News|Updated May 8, 2024

    Initial resource outlines thick zones of high-grade mineralization at the carbonate-hosted silver-zinc deposit on Western Alaska's Illinois Creek project. Western Alaska Minerals Corp. Jan. 22 reported a high-grade silver-zinc-lead resource for Waterpump Creek (WPC) that demonstrates the potential of the carbon replacement deposit (CRD) mineralized system that is believed to extend for more than five miles and serves as a foundation for further exploration and development acro... Full story

  • A Komatsu underground loader in a mine.

    SMS to sell Komatsu UG mining equipment

    Shane Lasley, Mining News|Updated May 8, 2024

    Alberta-based firm is new Komatsu underground mining equipment dealer for Alaska and Canada. Mining companies in Alaska, British Columbia, and the Canadian territories will soon have another supplier of underground mining equipment. Alberta-based SMS Equipment has recently been selected as the official dealer of Komatsu underground hard rock mining equipment across most of Canada and in Alaska. "Komatsu and SMS Equipment have a shared goal of maximizing value to underground... Full story

  • Highly mineralized zinc-lead core from Pine Point in NWT, Canada.

    Osisko sells 5% more of PPML to Appian

    A.J. Roan, Mining News|Updated Mar 6, 2024

    Hopes to maintain share price to invest in Quebec copper project. Osisko Metals Inc. Feb. 22 announced the sale of an additional 5% interest in the Pine Point zinc mine project in Northwest Territories to its joint venture partner Appian Capital Advisory LLP, hoping the funds will enable the company to advance its Gaspé Copper project in Quebec without further diluting its stock. "The sale of the additional five percent interest in Pine Point to Appian will allow the company...

  • The northern lights shine brilliant green above an exploration camp.

    Newmont survey helps find Klondike's gold

    A.J. Roan, Mining News|Updated Mar 6, 2024

    Regional silt survey identifies highest anomalous sites within Klondike District Gold property. Klondike Gold Corp. Feb. 22 announced that with the help of Newmont Canada, the company was able to identify the highest anomalous sites within its Klondike District Gold property in Yukon, Canada. "We have pursued the idea of conducting a regional geochemical survey for years to characterize where Klondike might fit in the major tectonic gold belt picture, and we would like to than...

  • A truck loaded with Red Dog concentrates leaves the mill during the winter.

    Red Dog ends 2023 with solid production

    Shane Lasley, Mining News|Updated Mar 6, 2024

    Zinc production is expected to trend downward as ore grades decline over the coming four years. Teck Resources Ltd. Feb. 21 reported that its Red Dog Mine in Northwest Alaska produced 1.19 billion pounds of zinc in 2023 and forecasts similar output this year. Starting in 2025, however, zinc production from this operation, which accounts for more than 4% of the world's supply of this galvanizing metal, is expected to begin dwindling. The company attributes the coming decrease i...

  • White Gold’s campsite in the White Gold District of Yukon, Canada.

    White Gold makes new gold discovery at QV

    A.J. Roan, Mining News|Updated Mar 6, 2024

    Sampling discovers more than 1,000-meter-long gold-in-soil anomaly that shares characteristics with nearby VG and Golden Saddle deposits. White Gold Corp. Feb. 22 announced that its 2023 soil sampling program identified a 1,000-meter-long gold-in-soil anomaly about nine kilometers (5.6 miles) northwest of the VG deposit on the QV property that has all the hallmarks similar to the Golden Saddle deposit on the company's nearby White Gold project in Yukon, Canada. "We are very...

  • A drill tests for high-grade gold on a mountainside in Southeast Alaska.

    Coeur's reserves shrink, resources grow

    Shane Lasley, Mining News|Updated Mar 6, 2024

    7 exploration returned mixed results for the Kensington Mine in Alaska, Silvertip project in BC. Coeur Mining Inc. Feb. 20 reported a slight drop in reserves but a significant rise in the amount of gold, silver, zinc, and lead reporting to resources across its four operating mines and two advanced exploration projects. This includes modest resource growth at its Silvertip silver-zinc-lead project in Northern British Columbia and a slight drop of gold in resources at its...

  • nowline geologist swinging a pick at a slope.

    Snowline discovers possible Valley twin

    A.J. Roan, Mining News|Updated Mar 6, 2024

    7 surface sampling returns substantial anomalous gold values, reveals 2,000- by 500-meter reduced-intrusion-related gold system. Snowline Gold Corp. Feb. 20 reported the discovery of a new 2,000- by 500-meter reduced-intrusion-related gold system just 12 kilometers (7.5 miles) northwest of Valley on the company's flagship Rogue property in Yukon, Canada. "We are excited to see such strong and consistent gold numbers from the field team's discovery at Aurelius," said...