The mining newspaper for Alaska and Canada's North

Articles from the April 2, 2017 edition

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  • Murkowski: rising foreign mineral reliance puts U.S. security at risk

    Shane Lasley|Updated Mar 14, 2018

    U.S. Sen. Lisa Murkowski, R-Alaska, March 28 held a hearing before the Senate Committee on Energy and Natural Resources to examine the United States' increasing dependence on foreign sources of minerals and the opportunities we have to rebuild and improve the domestic supply chain. The hearing touched on numerous issues, including permitting delays, which create a significant obstacle to economically viable domestic mineral production. Referring to data recently published by...

  • Critical potential

    Shane Lasley, Mining News|Updated Feb 5, 2018

    Exploration companies familiar with Alaska already know the Far North State is great place to look for critical minerals such as rare earth elements, platinum group metals, cobalt and tin. A new report published by the U.S. Geological Survey, however, indicates that Alaska may be richer in these and other minerals vital to the United States than previously realized. Working alongside the Alaska Division of Geological & Geophysical Surveys, USGS developed a new geospatial tool... Full story

  • Feds open comment period for Ambler EIS

    Curt Freeman, For Mining News|Updated Jan 18, 2018

    With the opening late last month of a public comment period for the environmental impact statement on the proposed Ambler Mining District Industrial Access Project, I am cautiously optimistic that this time, Sisyphus will get the boulder up the hill. As a lowly graduate student at the University of Alaska Fairbanks back in 1979, I helped a crew from Anaconda Minerals color township-size blocks on a huge paper map of the Brooks Range. At the time, Anaconda and numerous other...

  • Millrock discovers new Willoughby data

    Updated Jan 16, 2018

    Millrock Resources Inc. March 23 said it has acquired additional exploration information for Willoughby, a high-grade gold-silver project in the Golden Triangle District of British Columbia that Millrock acquired in 2016. This data, which was never submitted to the British Columbia Department of Energy and Mines for assessment purposes, was documented in a 1996 internal report for Camnor Resources Ltd. Titled "Report on the 1996 program and recommendations for further work, Willoughby property, Stewart area, British...

  • Rhyolite raises acquisition funds

    Shane Lasley|Updated Apr 2, 2017

    Rhyolite Resources Ltd. March 27 closed a C$1.6 million financing, which provides the owner of the Paxson gold project in Interior Alaska working capital and funds to potentially acquire new exploration properties. The financing involved the issuance of 16 million units at C10 cents each. Each unit consists of one share and half a purchase warrant, with each whole warrant exercisable into an additional Rhyolite share at C15 cents for two years. Rhyolite said it is evaluating...

  • Dolly Varden, Hecla work together in BC

    Shane Lasley|Updated Apr 2, 2017

    Dolly Varden Silver Corp. March 27 said it is collaborating with Hecla Mining Co. to carry out an airborne geophysical survey covering Dolly Varden's Big Bulk copper-gold project and Hecla's neighboring Kinskuch silver project in northwestern British Columbia. Hecla will serve as operator for the geophysical survey. "Cooperative effort between companies working in a region is a good way to keep exploration costs down while still achieving the exploration goals," said Dolly... Full story

  • Victoria secures heavy equipment for Eagle

    Shane Lasley|Updated Apr 2, 2017

    Victoria Gold Corp. March 28 said it has entered into an agreement with Finning (Canada), a division of Finning International Inc., to supply the mining fleet for its Eagle Gold mine project in the Yukon. A feasibility study completed in 2016 outlines plans for two open-pit mines with in-valley leach pads that is anticipated to produce 190,000 ounces of gold annually over 10 years of mine life. The Caterpillar mining fleet Finning is to supply this operation will include two...