The mining newspaper for Alaska and Canada's North

Articles from the February 26, 2017 edition

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  • Regulatory overreach has met its master

    J.p. Tangen, Special to Mining News|Updated Jan 28, 2018

    Without putting too fine a point on it, federal regulatory initiatives reached a crescendo during the last administration. According to the Office of Information and Regulatory Affairs, since Jan. 1, 2000, the bureaucracy has generated more than 10,000 regulations, of which 1,830 were deemed "Economically Significant". The term, "Economically Significant," in general, means that it is likely to have an annual effect on the economy of the United States of $100 million or more.... Full story

  • Graphite One, AIDEA agree to assess Graphite Creek potential

    Updated Jan 19, 2018

    Graphite One Resources Inc. Feb. 16 said it has entered into a memorandum of understanding with the Alaska Industrial Development and Export Authority to explore opportunities to collaborate on the development of the Graphite One project, a plan outlined in a recent preliminary economic assessment for developing a mine and initial processing facility at the company's Graphite Creek project in western Alaska and a separate manufacturing facility that would produce high-grade coated spherical graphite primarily for lithium-ion...

  • Another Lucky Shot

    Shane Lasley, Mining News|Updated Jan 18, 2018

    Miranda Gold Corp. and Gold Torrent Inc. have their sights set on opening a high-grade gold mine at the historic Willow Creek property in the Hatcher Pass region of Southcentral Alaska by the end of 2018. Only about 75 miles north of Anchorage, this 8,700-acre property blankets a large portion of the Willow Creek mining district, including the pre-World War II Lucky Shot and War Baby mines. It is estimated that from 1918 until being shut down by the federal War Production Boar...

  • White Gold to hit the Yukon running in 2017

    Shane Lasley|Updated Jan 18, 2018

    White Gold Corp. Feb. 15 provided an overview of the 2017 exploration program at its 297,000-hectare (734,000 acres) land package in the White Gold District, Yukon. This program will be carried out on 22 of the company's gold properties in the district and is slated to include rotary air blast drilling; soil sampling; bedrock interface sampling, utilizing GroundTruth Exploration's GTProbe; drone surveys; geophysical surveys; mapping and prospecting. This year's planned... Full story

  • Agnico OKs two new Nunavut gold mines

    Updated Jan 18, 2018

    Agnico Eagle Mines Ltd. Feb. 15 said its board of directors has approved the development of Amaruq and Meliadine, two new gold mines in Nunavut. Amaruq is to be developed as a satellite to Agnico's Meadowbank Mine, which lies about 50 kilometers (31 miles) to the southeast. Going into 2017, Amaruq hosted 16.9 million metric tons of open pit indicated mineral resource averaging 3.88 grams per metric ton (2.1 million ounces) gold; and 4.9 million metric tons of open pit...

  • Dolly Varden to drill B.C. silver property

    Updated Jan 18, 2018

    Dolly Varden Silver Corp. Feb. 16 announced a C$3.5 million budget for its 2017 exploration program at the Dolly Varden silver property in northern British Columbia. This program is expected to include roughly 5,000 meters of drilling, with two-thirds allocated for resource expansion and the balance for testing outlying targets. The company also plans to carry out mapping, geophysical and geochemical surveys at the main Dolly Varden silver-zinc-lead project and the adjacent Big Bulk copper-gold project. To help finance this...

  • Drilling replaced silver, gold mined at Greens Creek in 2016

    Updated Jan 18, 2018

    Hecla Mining Co. Feb. 22 reported that its 2016 exploration program successfully replaced the 11.9 million ounces of silver and 79,150 oz of gold mined at its Greens Creek Mine in Southeast Alaska last year, leaving reserves of both precious metals virtually unchanged. Greens Creek ended 2016 with 7.59 million tons of reserves averaging 11.7 oz/ton (88.87 million oz) silver; 0.09 oz/t (673,000 oz) gold; 7.6 percent (576,130 tons) zinc; and 2.9 percent (217,280 tons) lead. Roughly 8.3 million oz of silver and 46,500 oz of gold...

  • Fort Knox gold production up; more in-pit aurum discovered

    Updated Jan 18, 2018

    Kinross Gold Corp. Feb. 15 reported that Fort Knox Mine near Fairbanks produced 409,844 ounces of gold in 2015, a slight increase over the mine's output of 401,553 oz in 2015. Some 13.22 million metric tons of ore averaging roughly 0.69 grams per metric ton gold was processed through the mill in 2016; and approximately 25.14 million metric tons of ore averaging about 0.27 g/t gold was stacked on the mine's heap leach pad during the year. Production costs at the Interior Alaska mine totaled US$302.2 million last year, a...