Articles from the August 26, 2007 edition
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Production slips at state's largest gold mine
Production and sales at the Fort Knox Gold Mine dipped slightly in the first two quarters of 2007. The mine northeast of Fairbanks produced 176,644 ounces of gold over the first six months of the year for a decline of about 1.5 percent from the... — Updated 8/26/2007
Mining and the Law: Federal mine claim holders to face new challenges
I want you to tear this article out of the paper and save it. I'll explain why in a minute, but the point is that you will want to refer to it often over the next several months if you have any inte... — Updated 8/26/2007
Jericho nets higher grades during tests
Nunavut's first diamond mine, Jericho, operated by Toronto-based Tahera Diamond Corp., is still undergoing technical improvements aimed at increasing output and turning losses into profits. The value of the mine's production for the second quarter... — Updated 8/26/2007
Polaris builds on quarry's early success
Almost six months after the Orca quarry on Vancouver Island, British Columbia, began production of sand and gravel, owner Polaris Minerals is looking back with pride on its early achievements and looking forward to an expansion of operations in the... — Updated 8/26/2007 Full story
Anglo American to steer Pebble project
Like a magnet, Pebble's inferred resources of 42.9 billion pounds of copper, 39.6 million ounces of gold and 2.7 million pounds of molybdenum attracted Anglo American to the southwest Alaska project. What this adds up to is a potential mine life... — Updated 8/26/2007
Private company takes on Yukon gold mine
Mining assets in the Yukon that formerly belonged to bankrupt company BYG Natural Resources have been sold to a privately held company, Saskatchewan Ltd., for $3.1 million. Ontario-based BYG's interim receiver, PricewaterhouseCoopers, announced... — Updated 8/26/2007
Alaska Mining News Summary: 'Holy Cow!' Explosion of activity across state
As the late, great Phil Rizutto used to say when something amazing happened on the baseball field: "Holy Cow!" The last month has seen an explosion of activity across Alaska with companies working... — Updated 8/26/2007 Full story
Teck teams with junior in diamond rush
Indicator Minerals Inc. is that most fortunate of Canadian junior exploration companies, one with a prospect so enticing that a major has signed on to do some heavy lifting. The three-year-old Vancouver, British Columbia-based venture is well into... — Updated 8/26/2007 Full story
Permitting slows for DeBeers project
DeBeers Canada Inc. is exploring the Gahcho Kué project in the Northwest Territories this summer, hoping to confirm its potential to become the company's second major diamond mine in the Canadian Arctic. Of the four major mining projects De Beers... — Updated 8/26/2007
Gibraltar expansion nears end of phase 1
The expansion of Vancouver-based Taseko's Gibraltar mine in south-central British Columbia is progressing rapidly and the company's revenues are up, Taseko announced in its third-quarter report Aug. 14. Cash flow from operations was C$14.6 million... — Updated 8/26/2007
Teck Cominco recovers Red Dog's costs
Vancouver-based Teck Cominco has almost made enough money at Red Dog mine to start paying Alaska Native corporation NANA a 25 percent net proceeds of production royalty, the company announced in its second-quarter report July 30. Teck Cominco... — Updated 8/26/2007 Full story
Jury rules Sullivan mine deaths accidental
A coroner's jury at an inquest in Kimberley, British Columbia, in mid-July decided that the four deaths at Teck Cominco's decommissioned Sullivan mine last year were accidental. Two workers and two paramedics died when they entered an airless water... — Updated 8/26/2007
Millrock banking on giants in Alaska
Greg Beischer is a familiar face in Alaska's mining industry, but he's wearing a new hat now. For the past few years he's played a peripheral role, working for Bristol Environmental and Engineering Services, advising parent company Bristol Bay... — Updated 8/26/2007 Full story
Kensington mine facilities are complete
Owners of the Kensington mine announced in mid-August that it has finished building nearly all the facilities that it needs to begin operations. But plans for a disposal facility for a slurry containing millions of tons of mine waste into a small... — Updated 8/26/2007
Coal miner's daughter sings his praises
Not all parents are sure that their kids appreciate them. But when they follow you into the family business and one of them writes an article describing you as a role model and all-around great guy, you can relax with a beer, put your feet up and... — Updated 8/26/2007
