The mining newspaper for Alaska and Canada's North
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Alaska Department of Natural Resources Commissioner Dan Sullivan June 3 informed U.S. lawmakers of Alaska's strategic mineral endowment and the role the Far North state can play in assisting the nation in overcoming its critical mineral challenges. Sullivan's testimony was delivered to the U.S. House Energy and Mineral Resources Subcommittee hearing on H.R. 2011, the "National Strategic and Critical Minerals Policy Act," sponsored by Rep. Doug Lamborn, R-Colorado; and H.R.... Full story
The last month has seen a massive transition in Alaska from planning to execution, from getting ready to go to the field to boots on the outcrop and drills in the ground. Each year the hustle and bustle of the Alaska summer exploration season subsumes virtually everything else (except the Stanley Cup) as field programs launch around the state. This year has been no different with base metal programs in the Brooks Range, gold programs in Interior Alaska and the Seward... Full story
Once upon a time, I was actually awarded a degree in political science. Assuming that "science" describes reproducible results, it now appears that "political science" is the quintessential oxymoron. This explains why I know so many things that I just don't understand. For instance, the Alaska Miners Association has a bunch of committees to monitor developments in everything from getting along with other users of public lands to monitoring developments in industrial minerals.... Full story
The mineral project generator model is paying dividends for Millrock Resources Inc. The junior anticipates exploration on its Alaska gold properties to top US$10 million in 2011, with more than US$9 million to be funded by project partners. Millrock has attracted senior miners Teck Resources Ltd. and Kinross Gold Corp. to some of the Alaska gold projects it has generated. Additionally, junior explorers Crescent Resources Corp., Brixton Metals Corp. and Ryan Gold Corp. also...
DENVER - China may be poor in natural resources, but the country has enough cash to source its burgeoning need for minerals from foreign lands. This was the message that Mamadou Barry, senior mining specialist in the Sustainable Energy Department of the World Bank brought to participants in the Mining Americas Summit 2011 held here June 13-14. "China is a country of superlatives. In February China overtook Japan to become the second-largest economy in the world, and they are... Full story
With a mining boom in full swing in Yukon Territory, government officials can be proud of having created an attractive business climate, one that is bringing hordes of excited miners and investors to the territory, with seemingly no end in sight. But a group of industry leaders recently submitted a report to the Government of Yukon, warning that storm clouds are gathering that could extinguish mining's bright forecast in the territory. In order for the industry to continue to make significant contributions to the economic...
Another busy summer field season is getting underway in Yukon Territory, and government officials are projecting record numbers of mining companies flocking to the Northwest Canada jurisdiction and spending unprecedented sums on mineral exploration programs scattered across the southern two-thirds of the territory. Based on the industry's spending intentions in February, Natural Resources Canada projected C$39.3 million would be spent in 2011 by the majors on exploration and deposit appraisal activities in Yukon Territory,...
Rio Tinto Exploration Canada Inc., 60 percent owner and operator of the Diavik Diamond Mine in Northwest Territories is quietly looking for more diamond deposits in Canada's high Arctic. Though the company declined to confirm a start date for its 2011 exploration program or discuss its plans, officials of Indian and Northern Affairs Canada, Parks Canada, Environment Canada and other affected federal regulators signed off this spring on a new land use permit for proposed work to be carried out between March and October 2011... Full story
More junior mining companies are turning to the experts to lead their exploration programs, hoping to hit the ground running and substantially shorten the time required between identifying a likely prospect and targeting commercial quantities of minerals on that property. The strategy is not only helping the industry to control costs, it is also enabling some explorers with accomplished technical teams to preserve this expertise during tough economic times. TerraLogic Exploration Services Inc. is one such company. Launched as...
As the United States scrambles to fill the rare earth elements supply shortage caused by China's export restrictions on these technologically important metals, Sen. Lisa Murkowski, R-Alaska, and Rep. Doug Lamborn, R-Colorado, each have introduced legislation on Capitol Hill that seeks to revitalize domestic production of the minerals most critical to maintaining military security and a robust economy. "It is critical that we have a national policy, and we are behind the...