North of 60 Mining News - The mining newspaper for Alaska and Canada's North

The first miners arriving in Alaska 100 years ago focused on enduring the challenging environment, building some basic infrastructure and finding enough gold to survive. Long term environmental consequences were not a high priority. Mining... — Updated 5/9/2004

China's hunger for nickel could force producers to develop a rationing system, an analyst told the Prospectors and Developers Association of Canada. Raymond Goldie, with Salman Partners, said supplies are about 6 percent behind demand, pushing the... — Updated 5/9/2004

Northwest Territories Native leaders have thrown a roadblock in the path of plans for Canada's third diamond mine - the Snap Lake project by De Beers Canada that was expected to open in 2008. Akaitcho and Deh Cho chiefs in the lower Northwest... — Updated 5/9/2004

Despite lower production from some partially clogged pipes in its mill, Red Dog posted a $38 million profit for the first quarter, a dramatic turnaround from the $8 million loss reported for the same period in 2003. Zinc production rates for Red... — Updated 5/9/2004

A large portion of the 269-square mile MAN nickel, copper and PGE property on the south flank of the Alaska Range near Paxson, Alaska, will soon be assessed by proprietary geophysical technology used by Anglo American Exploration (Canada), a... — Updated 5/9/2004

The attempt to pin blame in the massive Bre-X Minerals gold fraud drags on, with no hint of compensation for investors who lost an estimated C$3 billion. A long-delayed trial of former Bre-X geologist John Felderhof is now scheduled to resume somet... — Updated 5/9/2004

The land has been staked - now the major players have taken to the ground to complete geological and geophysical work surrounding the Pebble gold-copper-molybdenum resource near Iliamna, Alaska. Leading the way in terms of spending is Northern... — Updated 5/9/2004

Gold and copper production at the shuttered underground Nixon Fork mine, about 30 miles northeast of McGrath in central Alaska, may restart at the end of 2004. Mystery Creek Resources Inc., a wholly owned subsidiary of publicly traded St. Andrew... — Updated 5/9/2004

Executives of Ivanhoe Mines have cashed in on stock options to fatten their modest salaries. When shares of the Vancouver-based company took flight last summer, several of the top managers seized the chance to exercise their options. Deputy Chairma... — Updated 5/9/2004

The Delta Mine Training Center, a non-profit organization based in Delta Junction, Alaska, has finalized a lease with the state for its training property. The 40-acre site about 30 miles east of Delta Junction near the Alaska Highway has been used... — Updated 5/9/2004

SpectrumGold signed four property agreements this spring and staked claims surrounding the company's Galore Creek gold-silver-copper deposit in northwestern British Columbia. A 56 percent owned subsidiary of NovaGold Resources, SpectrumGold's tally... — Updated 5/9/2004

Kinross Gold and its partner in the Gil project, Teryl Resources, plan exploration this year at the prospect some seven miles east of the Fort Knox gold mine and mill complex. But exploration budget plans have not yet been finalized, according to... — Updated 5/9/2004

All of the first six drill holes punched this spring on Teryl Resources' West Ridge property near Fairbanks, Alaska, encountered anomalous gold mineralization, according to a company press release issued April 28. Drilling work completed between... — Updated 5/9/2004

Operators of the Greens Creek polymetallic mine started surface core drilling in late April, the beginning of a summer long program designed to complete 40,000 feet of drilling at several targets surrounding the underground mine near Juneau,... — Updated 5/9/2004

A draft feasibility study completed this spring by Nuvista Light & Power Co. recommends construction of a coal-fired electric generation plant at Bethel, Alaska, plus construction of a 191-mile transmission line to the Donlin Creek gold project as... — Updated 5/9/2004

Looking for a placer gold mine opportunity? Not afraid to travel abroad? Ross Novak of Fairbanks, Alaska, has the perfect opportunity to take over his working placer gold mine with hard rock mineralization outcrops also on site, in West Africa.... — Updated 5/9/2004

A Fairbanks-based environmental group that appealed a federal water discharge permit issued to developers of the Pogo gold project in mid-March has agreed to withdraw its permit challenge, following meetings with regulators on May 4 and 5. The... — Updated 5/9/2004