The mining newspaper for Alaska and Canada's North

Articles from the March 8, 2015 edition

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  • Willow Creek Mine on fast track

    Shane Lasley|Updated Mar 8, 2015

    Miranda Gold Corp. March 3 said Gold Torrent plans to fast-track the Coleman gold deposit at the Willow Creek property into production in 24-30 months. Initial production estimates are for 21,000 ounces of gold annually from the mining and milling of 150 tons per day at the Southcentral Alaska project. Gold Torrent, which anticipates that gravity methods can achieve greater than 80 percent gold recovery, believes that the lack of chemicals should expedite permitting. A new...

  • Dowa OKs US$5 million for Palmer

    Shane Lasley|Updated Mar 8, 2015

    Constantine Metal Resources Ltd. March 3 said that Dowa Metals & Mining Co., Ltd. has approved a 2015 budget of US$5 million for the continued exploration of the Palmer project in Southeast Alaska. Dowa, which has the option to earn 49 percent in Palmer by investing US$22 million, had spent roughly US$10 million at the project through the end of 2014. This year's drilling will focus on extending volcanogenic massive sulfide mineralization encountered at the South Wall zone in... Full story

  • Booth fills executive void at Redstar

    Shane Lasley|Updated Mar 8, 2015

    Redstar Gold Corp. Feb. 25 reported that Ken Booth has resumed the role of interim president and CEO, replacing Toby Mayo who is leaving the company. Booth began his career as a geologist and later embarked on a career in banking and investment banking. He has served as the CEO of several public companies and is currently a director of two exploration companies. Booth is a director of Redstar and served as interim CEO of the company from March to September...

  • North offers great rocks, some concerns

    Shane Lasley, Mining News|Updated Mar 8, 2015

    Alaska and Yukon Territory share more than a 750-mile border in the eyes of the 485 mining executives that participated in Fraser Institute's Survey of Mining Companies 2014. This group of miners, explorers and consultants ranked these northern neighbors as two of the richest mineral jurisdictions on earth but found certain mining policies in each a cause for concern. As a result, Yukon was ninth and Alaska was 10th on the survey's investment attractiveness index, a measure... Full story

  • Red Chris trucks first copper

    Shane Lasley|Updated Mar 8, 2015

    Imperial Metals Corp. March 2 reported that the first shipments of copper concentrate have been trucked from its Red Chris Mine to the Port of Stewart in northwestern British Columbia. Commissioning of the flotation circuit with low-grade ore from the Northwest B.C. mine began Feb. 15. During the second week of start-up, the mill feed grade was increased using ores from both the East and Main zones. On Feb. 22, the plant milled roughly 15,550 metric tons of ore over the first...

  • Q1-4 yields large yellow diamonds

    Shane Lasley|Updated Mar 8, 2015

    North Arrow Minerals Inc. Feb. 26 reported that initial results from processing of a bulk sample from the Qilalugaq Project show that yellow diamonds persist into large diamond sizes. The roughly 1,500-metric-ton sample was collected last summer from the Q1-4 kimberlite, situated nine kilometers from the Hamlet of Repulse Bay (Naujaat), Nunavut. Initial recovery data from about 46 percent of the sample have been compiled and include 5,366 diamonds greater than +1 DTC, or...

  • Refining rare earths

    Shane Lasley, Mining News|Updated Mar 8, 2015

    Ucore Rare Metals Inc. has reached another milestone in its quest to separate rare earths into the individual elements needed in high-tech devices. In testing molecular recognition technology, a proprietary method of separating rare earths developed by Utah-based IBC Advanced Technologies, the rare earths found at Ucore's Bokan Mountain project in Southeast Alaska have been segregated as individual salts exceeding 99 percent purity. "MRT offers a means of separating REEs to...