The mining newspaper for Alaska and Canada's North

Articles from the May 21, 2017 edition

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  • AIDEA finds potential sites for Alaska-based graphite refinery

    Updated Mar 14, 2018

    Graphite One Resources Inc. May 17 announced that it has received a report from the Alaska Industrial Development and Export Authority that assess potential locations for a facility to refine graphite from its Graphite Creek deposit in western Alaska into advanced-materials such as coated spherical graphite used as an anode in lithium-ion batteries. In its report, AIDEA identified Homer, Kenai, Port Mackenzie and Seward as potential Alaska-based sites for the graphite...

  • Settlement puts Pebble back in play

    J. P. Tangen, Special to Mining News|Updated Jan 27, 2018

    Last week the Pebble Project announced that it had reached a settlement with the EPA of pending litigation in conjunction with the agency's previous determination to block the development of the project. Essentially, the settlement means that Pebble will be able to resume the permit application process with the hope of ultimately opening a mine. This good news, besides the obvious possibility of a major mine going forward in Southwest Alaska, is that it lets us dream of a... Full story

  • CopperBank funds Pyramid drilling

    Updated Jan 15, 2018

    CopperBank Resources Corp. May 12 reported the closing of a C$1.4 million non-brokered private placement that included the issuance of 17.5 million common shares at C8 cents each. In April, CopperBank announced plans to carry out a roughly US$750,000 exploration program at Pyramid, a copper-molybdenum-gold project on Aleut Corporation lands on the Alaska Peninsula. The program, slated for mid-2017, is expected to include 1,500 meters of drilling. The company's objective is to expand the current resource at Pyramid in advance...

  • Pebble door opens

    Shane Lasley, Mining News|Updated Jan 15, 2018

    After five long years of battling inside and outside of the courtroom, Pebble Limited Partnership and the U.S. Environmental Protection Agency have negotiated an agreement that opens the door for the enormous Pebble copper-gold-molybdenum project in Southwest Alaska to enter the permitting process unencumbered by predetermined restrictions. “This settlement represents a major step forward for the Pebble project,” said Pebble Partnership CEO Tom Collier. “It allows us to start...

  • Colorado budgets C$4M to expand stake in KSP

    Updated Jan 15, 2018

    Colorado Resources Ltd. May 11 said it has made a final cash payment of C$150,000 and completed C$6 million of work at KSP, satisfying an agreement with SnipGold Corp., a subsidiary of Seabridge Gold Inc., to earn an initial 51 percent interest in the northern British Columbia gold property, a stake it hopes to increase to 80 percent by the end of the year. After completing a detailed review of the 2016 exploration results in the context of updated geological, geochemical and geophysical data, Colorado has budgeted C$4...

  • Goldstrike, Newmont move toward Plateau

    Updated Jan 15, 2018

    Goldstrike Resources Ltd. May 15 announced that crews and equipment are being mobilized to the Plateau gold property in central Yukon for the maiden exploration campaign under partnership with Newmont Mining Corp. This program will start off by outlining the full extent of numerous high-grade gold showings at Plateau in preparation for drilling later in the year. "This will prove to be a defining season for the Plateau property," said Goldstrike Chief Geologist James Moors. "Our recent partnership with Newmont allows us to...