The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 8 of 8
Two of the projects credited with touching off the recent gold rush to Yukon Territory reported results from their 2012 programs in July that suggest they could deliver on all that their early results promised. While new entrants have slowed to a trickle and other early players retire from the scene, at least until the anemic capital markets regain their vigor, Atac Resources Ltd. and Kaminak Gold Corp. and a handful of other juniors are quietly churning out impressive assay results in robust multimillion-dollar drill...
What's the rush?" This is the question the Pebble Partnership and a growing number of lawmakers, resource development advocates and state officials are asking the U.S. Environmental Protection Agency in regard to the regulator's assessment of the Bristol Bay Watershed. Companies hoping to develop promising mineral deposits in the United States typically spend several years and millions of dollars to gather environmental baseline information needed to initiate a long and...
In a long overdue step to bring Alaska into the 21st Century, state and federal agencies met in late June to discuss collaborative funding strategies for Alaska's Statewide Digital Mapping Initiative, an enterprise designed to create Alaska's first high-quality digital topographic map. The roundtable was convened by Alaska Lt. Gov. Mead Treadwell and the Assistant Secretary for Water and Science, U.S. Department of Interior. Alaska remains the only state in the United States... Full story
The very founding of our country was premised upon resistance to governmental excesses. Authors and movie producers from Ayn Rand's Atlas Shrugged ("A government is the most dangerous threat to man's rights: it holds a legal monopoly on the use of physical force against legally disarmed victims.") to Steven Spielberg's "Men in Black" (Bug: "Place your projectile weapon on the ground." Edgar: "You can have my gun, when you pry it from my cold dead fingers." Bug: "Your proposal is acceptable.") have warned us against the...
Despite owning a Pacific Rim deposit of gold, copper, zinc and silver worth some US$1.44 billion, Heatherdale Resources Ltd. has not completely escaped the financial paralysis gripping the junior mining sector. While the value of Heatherdale's stake of the Niblack project has nearly doubled over the past year, its share price has plunged some 75 percent. Notwithstanding, the Hunter Dickinson-affiliated junior has successfully pulled together the funds it needs to continue to...
Copper North Mining Corp. July 20 reported that its application for a five-year Type 'A' land use permit, submitted in support of its 2012 exploration program at the Redstone Property in Northwest Territories has been approved by the Mackenzie Valley Land and Water Board. A LUP has been granted to Redbed Resources Corp., a wholly owned subsidiary of Copper North. The LUP will enable the company to conduct exploration activities on the Redstone property for a period of five years from the date of grant. The Redstone Property...
For more than 30 years, devolution - the authority to manage one's own public lands and natural resources - has been a goal of the Government of Northwest Territories. With a final devolution agreement currently being negotiated with Canada's federal government, the northern territory is now laying the groundwork for effectively managing its land and natural resources once the devolution process is complete. Northwest Territories, which is slightly larger than the Province of Ontario, covers 1.183 million square kilometers (4...
Putting Alaska on the map as a domestic source of rare earth elements and other strategic and critical minerals is a priority of Alaska Gov. Sean Parnell. During the 2012 budget cycle, Alaska lawmakers approved US$498,000 proposed by the administration to begin a statewide REE evaluation. This year's budget includes US$2.7 million for a three-year project to continue this initiative. "Alaska can become America's source for rare earth elements," Alaska Gov. Sean Parnell...