The mining newspaper for Alaska and Canada's North

Articles from the June 28, 2024 edition

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  • Two people in safety gear with core from drilling at the Casino copper deposit.

    Explorers chase Yukon copper riches

    Rose Ragsdale, For Mining News|Updated Jul 11, 2024

    Western Copper and Gold inches toward startup at its giant Casino copper porphyry deposit as others advance earlier stage projects. While one would-be miner in Canada's Yukon Territory guides its giant copper project toward development, several juniors – ranging from newcomers to more established players – are picking up the pace in the search for other rich deposits of the red metal. Western Copper and Gold Corp. is marking its 16th year of working to develop its huge Cas...

  • A drill tests for graphite on a clear summer day on Alaska’s west coast.

    Graphite Creek 2024 field program begins

    Shane Lasley, Mining News|Updated Jul 5, 2024

    Summer program focused on collecting the final data needed to complete a feasibility for developing a mine at the western Alaska project. Graphite One Inc. June 26 announced the start of a 2024 exploration program focused on collecting the final data needed to complete a feasibility study for developing a mine at its world-class Graphite Creek project in western Alaska. "The 2024 field program is a key milestone for our stakeholders as we advance our feasibility study with a... Full story

  • An Alaska Native drill operator at the Pebble mine project in Alaska.

    Pebble-area Alaska Native Villages sue EPA

    Shane Lasley, Mining News|Updated Jul 3, 2024

    Alaska Peninsula and Iliamna claim that federal agency's Pebble veto is illegal and costing them enormous economic opportunity. Alaska Peninsula Corp. and Iliamna Natives Ltd. June 24 filed a lawsuit against the Environmental Protection Agency that alleges the federal agency's veto to "kill a mining project in Bristol Bay at the Pebble deposit, which is the largest gold- and copper-ore deposit in the world" will cost these two Alaska Native corporations "hundreds of millions... Full story

  • A large mineral exploration camp on a plateau-like area on a fall day in B.C.

    Skeena secures $750M for Eskay Creek

    Shane Lasley, Mining News|Updated Jul 3, 2024

    Financing package backed by Orion Resource Partners is more than enough to develop world-class gold-silver mine in Northern BC. With the goal of advancing Eskay Creek into production by the first half of 2027, Skeena Resources Ltd. has secured a $750 million (C$1 billion) financing package to develop a mine at the gold-silver project in British Columbia's Golden Triangle. "On the back of our positive definitive feasibility study released in November 2023, this financing...

  • An excavated hillside in the Yukon covered with a black liner.

    Eagle Mine heap leach pad collapses

    A.J. Roan, Mining News|Updated Jun 28, 2024

    DAWSON CITY, YUKON (June 24, 2024) – Victoria Gold Corp. has reported a collapse of the heap leach pad at its Eagle Mine north of Mayo, Yukon. Photos posted by Yukon News around noon local time shows a partial collapse of the heap leach pad, which is constructed on a hillside to hold mine ore so that the gold can be dissolved with a cyanide solution for recovery. Victoria Gold President and CEO John McConnell, who was in attendance at the Yukon Mining Investment Conference i... Full story

  • Yellow seaplane lands on Kendrick Bay in front of Bokan Mountain.

    The untapped story of Alaska's uranium

    A.J. Roan, Metal Tech News|Updated Jun 27, 2024

    Plucky prospectors, with a dash of spite, set out to prove the wealth of Alaska; despite expert opinions none existed at all. Nestled on Alaska's Prince of Wales Island, the Ross-Adams uranium mine tells a tale steeped in Cold War ambitions. Discovered in the 1950s and shuttered quietly by the 1970s, this historic site is one of many that perhaps invites a reexamination in the context of today's search for sustainable energy sources and offers a glimpse into America's... Full story

  • A drill test for gold from atop a mountain saddle in the Yukon.

    Sitka expands RC Gold project potential

    Shane Lasley, Mining News|Updated Jun 27, 2024

    Buys neighboring Clear Creek project from Victoria Gold. Sitka Gold Corp. June 24 announced that it has expanded its RC Gold project in the Yukon through the acquisition of the adjacent Clear Creek property from Victoria Gold Corp. "We are very pleased to complete the purchase of the Clear Creek property and to welcome Victoria Gold as a major new shareholder of the company," said Sitka Gold CEO Cor Coe. Before the Clear Creek acquisition, Sitka's RC project was already a dist...

  • Closeup of drill core with large nodules of zinc-lead metal.

    Upgraded resource elevates Pine Point

    Shane Lasley, Mining News|Updated Jun 27, 2024

    With most resources elevated to the indicated category, Northwest Territories zinc project begins transition to feasibility level mine studies. Osisko Metals Inc. June 25 reported that drilling over the past two years has upgraded a significant portion of the mineral resources at Pine Point to the higher confidence indicated category in preparation for elevating this zinc mine project in Northwest Territories to the feasibility stage. According to a new calculation, Pine...

  • Closeup of thick gold veins running through quartz in drill core from Brucejack.

    First Nations Royalty firm lists on TSX

    Shane Lasley, Mining News|Updated Jun 27, 2024

    Anchored by five royalties contributed by Nisga'a Nation in Northern BC, Nations Royalty is world's first Indigenous-owned metals royalty firm. The June 20 listing of Nations Royalty as an investment company on the TSX Venture Exchange was a milestone that will likely forever change the mining landscape in Canada and beyond. Born out of the vision of mining magnate Frank Giustra, a First Nations-to-mining bridge brought to the table by lifelong Northern British Columbia... Full story

  • View over building in a valley towards a bay and snowcapped mountains.

    Coeur encouraged by Kensington drilling

    Shane Lasley, Mining News|Updated Jun 27, 2024

    Multi-year program continues to extend high-grade gold zones and discover new mineralization at the Southeast Alaska mine. Coeur Mining Inc. June 27 reported that its multi-year exploration program at Kensington continues to deliver wide drill intercepts with high-grade gold at this mining operation in Southeast Alaska. In mid-2022, Coeur launched a roughly $80 million exploration program at Kensington focused on extending the life of this high-grade underground mine beyond...