Articles from the February 28, 2016 edition

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Hecla weathers challenging metals prices

Hecla Mining Company Feb. 23 reported US$443.6 million in sales and gross profit of US$38.5 million for 2015. The net loss applicable to common stockholders for the year was US$87.5 million, or... — Updated 2/28/2016

 

Teck consolidates management

Teck Resources Ltd. Feb. 23 reported the retirements of a number of its senior executives, providing the company an opportunity to consolidate and restructure its senior management in a way that... — Updated 2/28/2016

 

Weak metals prices limit growth in Canada's territories

The Conference Board of Canada Feb. 24 said declining metal and mineral prices, rising global inventories of most mining commodities and easing growth in the Chinese economy will weigh on the... — Updated 2/28/2016

 

Victoria expects big upgrades at Eagle Gold in 2016

Victoria Gold Corp. Feb. 23 said 2016 will be a busy and transformative year at its Dublin Gulch gold project in the Yukon Territory. The work planned for this year includes a C$3.6 million explorat... — Updated 2/28/2016 Full story

 

Western embraces more scrutiny of vast Casino copper-gold project

Western Copper and Gold Corp. Feb. 18 said the Yukon Environmental and Socio-Economic Assessment Board is requiring a panel review of its Casino copper-gold project for matters relating to tailings... — Updated 2/28/2016

 

TerraX cuts more VG at Yellowknife

TerraX Minerals Inc. Feb. 23 reported assay results from the first two of four holes targeting quartz vein and replacement style mineralization at the Mispickel target of its Yellowknife City gold... — Updated 2/28/2016

 

Study indicates Sable can extend Ekati Mine to 2033

Dominion Diamond Corp. Feb. 22 reported positive results of a pre-feasibility study for mining the Sable kimberlite pipe located 17 kilometers (10.5 miles) north-northwest of the existing Ekati... — Updated 2/28/2016

 

Kennady North drills high diamond grades at Faraday

Kennady Diamonds Inc. Feb. 18 reported additional high-grade diamond recovery results from the Faraday 1 kimberlite at the Kennady North project in Northwest Territories. During the winter of 2015,... — Updated 2/28/2016 Full story

 

Auryn refines 2016 gold targets at Committee Bay, adds Peruvian prospects

Auryn Resources Inc. Feb. 21 said analysis of its 2015 summer work program along with a comprehensive review of historical data has led to the identification of a number of large-scale targets at... — Updated 2/28/2016 Full story

 
 By Curt Freeman    News

Price run-up startles

Although there is plenty of Alaska mining industry news this month, the big dog in the pen is the dramatic and unexpected run-up in the price of gold, which moved from a low of $1,078 per ounce to a... — Updated 2/28/2016 Full story

 

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