The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 10 of 10
Kinross Gold Corp. July 31 reported that the Fort Knox Mine in Interior Alaska produced 55,440 ounces of gold during the second quarter of 2019. This is a 47 percent increase over first quarter gold production but down 22 percent from the second quarter of 2018. The higher production, when compared to the first quarter, helped push down the costs to produce an ounce of gold at this open-pit operation about 25 miles north of Fairbanks. The cost for each ounce of gold sold...
Giga Metals Corp. July 29 reported that Natural Resources Canada (NRCan) has agreed to be part of a consortium of government agencies and industry partners, including Giga Metals, that have agreed to fund research into the sequestration of carbon dioxide (CO2) into silicate mine residue, including ultramafic residue from mineral deposits such as those being advanced at Giga Metals' Turnagain nickel-cobalt deposit in northern British Columbia. "We are proud to support this...
Go Metals Mining Corp. (formerly Go Cobalt Mining Corp.) July 29 announced the completion of an initial phase of 2019 exploration at its Monster copper-cobalt project about 90 kilometers (56 miles) north of Dawson City, Yukon. The Monster property covers a large iron oxide copper gold (IOCG) occurrence that extends for about 18 kilometers (11 miles). Surface sampling has identified copper, cobalt, gold, and silver showings across the entire property. The primary alteration...
Agnico Eagle Mines Ltd. July 24 reported that the ramp up of production at two new gold mines in Nunavut – Meliadine and Amaruq – is setting the Toronto-based miner up for a strong second half of 2019 and beyond. "With Meliadine ramping up to full production over the balance of the year and Amaruq on schedule to achieve commercial production in the third quarter of 2019, the company is well positioned for a strong second half from both a financial and operational per...
Constantine Metal Resources Ltd. July 31 reported that it has received state approvals for underground exploration at Palmer, the next major step in the advancement of this zinc-copper-gold-silver-barite project in Southeast Alaska. In June, Constantine published a preliminary economic assessment that outlines plans for a 3,500-metric-ton-per-day operation at Palmer that would produce 1.07 billion pounds of zinc, 196 million lb of copper, 18 million ounces of silver, 91,000...
New Age Metals Inc. July 25 announced the start of a 2019 exploration program focused on mapping hydrothermal alteration to better define drill targets on its Genesis platinum group metals-nickel-cobalt project in Southcentral Alaska. Situated along the Richardson Highway about 75 highway miles north of the deep-water port city of Valdez, Genesis is an under-explored palladium-platinum-nickel-copper property with great infrastructure. Previous sampling at Sheep Hill, one of...
Grande Portage Resources Ltd. July 29 announced the start of a summer field program at its Herbert Gold project in Southeast Alaska that includes trenching and channel sampling across the Deep Trench and Main veins, as well as prospecting other potential veins running across this property north of Juneau. According to a calculation completed in May, Herbert Gold hosts 1.88 million metric tons of indicated resource average 10.03 grams per metric ton (605,000 ounces) of gold;...
Millrock Resources Inc. July 29 announced that it has raised C$1 million to help fund exploration of its West Pogo gold project in the Goodpaster Mining District, as well as generate new properties and seek out partners to fund further exploration in Alaska. As a project generating mineral exploration company, Millrock has long been bullish on the potential of the Goodpaster, a gold mining district about 100 miles east of Fairbanks that hosts Northern Star Resource Ltd.'s...
The United States Environmental Protection Agency has decided to roll back its 2014 proposed determination that, if finalized, would have placed debilitating restrictions on developing a mine at the world-class Pebble copper-gold-molybdenum project in Southwest Alaska. Pebble Limited Partnership, the company that is advancing Pebble through permitting, hailed this decision to scrap the proposed pre-emptive veto of Pebble as a major win, not only for the future of its proposed...
Thanks to improving gold output and lower costs at its Pogo gold mine in Alaska, Northern Star Resources Ltd. sold 232,042 ounces of gold during the final quarter of its fiscal year 2019, a record for the Australian gold miner. During the three months ending June 30, Northern Star sold 48,009 oz of gold produced at Pogo, which is a 33 percent increase over the previous quarter. The Perth-based miner expects gold output at Pogo to continue its upward trend. "Pogo is on track...
