The mining newspaper for Alaska and Canada's North

Articles from the May 17, 2024 edition


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  • Banner for Fraser Institute Annual Survey of Mining Companies 2023.

    Policy holds back North of 60 potential

    Shane Lasley, Mining News|Updated May 23, 2024

    Mining executives rank Alaska, Yukon, B.C., NWT, and Nunavut high on mineral potential; mining policy issues, however, weigh on "Investment Attractiveness Index" in latest Fraser Survey. While global mining executives ranked Alaska, British Columbia, Northwest Territories, Nunavut, and Yukon in the top 20 when it comes to mineral potential, a not-so-favorable view on mining policy weighs on the investment attractiveness index of all these North of 60 Mining jurisdictions in... Full story

  • Heavily mineralized rock with veining and orange, red, and purple colorization.

    US, Canada back Fortune's NICO project

    Shane Lasley|Updated May 17, 2024

    Marks first time ever that U.S. and Canadian governments co-invest in development of North American critical mineral projects. The U.S. Department of Defense (DOD) and Natural Resources Canada (NRCan) are investing a combined $12 million into establishing a vertically integrated critical minerals supply chain in Canada that includes a mine at Fortune Minerals Ltd.'s NICO cobalt-gold-bismuth-copper project in Northwest Territories and associated hydrometallurgical refinery in... Full story

  • The White House during a spring day in Washington, DC.

    White House actions boost Graphite One

    Shane Lasley, Mining News|Updated May 16, 2024

    From 25% tariffs on graphite imports from China to mining being eligible for $72B in clean energy loans, Alaska project gets good news from DC. Graphite One Inc. President and CEO Anthony Huston was among a select group of industry leaders in attendance when President Joe Biden rolled out his plan to levy heavy tariffs on a wide range of goods from China, including natural graphite. "I was honored to represent everyone at Graphite One in the meeting with President Biden,"... Full story

  • Front of roadside store with two enormous jade boulders in the parking lot.

    Province orders halt to NW BC jade mining

    Shane Lasley, Mining News|Updated May 16, 2024

    Mining companies say provincial order is final nail in the coffin for the NW BC jade industry. British Columbia has banned any new jade mines in the northwestern corner of the province and has given companies mining this semi-precious stone in the area a five-year window to wind down operations. Provincial concerns over jade mining in northwestern B.C. began after receiving a 2020 letter from the Tahltan Central Government demanding the government take immediate steps to shut...

  • Snowline geologist examining core drilled from 2023 exploration.

    Snowline moves for 2024 exploration start

    A.J. Roan, Mining News|Updated May 16, 2024

    Begins its earliest and largest program to date; company has wealth of choices to uncover. Snowline Gold Corp. May 16 announced the mobilization of its crews and staff to the Rogue property, as it begins a planned 25,000-meter exploration and drilling program for 2024. "We are excited to be back in the field for our earliest start and our largest exploration campaign to date," said Snowline Gold Vice President of Exploration Thomas Branson. Lush with capital, teeming with...

  • Map of Felix Gold’s Treasure Creek property and newly opened claims.

    Felix Gold opens new NW Array potential

    Shane Lasley, Mining News|Updated May 16, 2024

    Secures right to explore prospective gold expansion targets to the west of pending NW Array resource. Felix Gold Ltd. May 16 announced that it now has the ability to explore expansion targets adjacent to the Northwest Array (NW Array) gold target on its Treasure Creek project about 12 miles north of Fairbanks, Alaska. Felix began assembling a large land package covering gold prospects in the Fairbanks Mining District during 2020. A compilation of historical data and...

  • Brightly colored copper rock samples harvested from Catch.

    Drills are already turning for Cascadia

    A.J. Roan, Mining News|Updated May 16, 2024

    Begins 1,200-meter program, aiming for two holes that will further outline extent of Catch copper. Cascadia Minerals Ltd. May 16 announced that drills are turning at its Catch copper project in central Yukon, marking an earlier start to the season as the company is eager to follow up on last year's success. "We're pleased to have an early start to our exploration in 2024, with diamond drilling already underway at the Catch property," said Cascadia Minerals President and CEO...

  • Silver North technician unloading core samples from Haldane.

    Silver North to acquire Yukon GDR project

    A.J. Roan, Mining News|Updated May 16, 2024

    Adds three new prospective targets, two of which hold CRD potential. Silver North Resources Ltd. May 14 announced the completion of an option agreement with three private prospectors, securing rights to the carbonate replacement deposit prospective GDR project in southern Yukon. Rebranding as Silver North Resources (formerly Alianza Minerals) to better reflect its goals in searching for the precious metal necessary to the clean energy transition, the company's exploration has...