The mining newspaper for Alaska and Canada's North

Articles from the September 1, 2018 edition

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  • High grade gold silver mine project near Stewart Golden Triangle BC

    Big step forward at IDM's Red Mountain

    Updated Sep 25, 2020

    IDM Mining Ltd. Aug. 29 said a provincial decision on its application for the development of an underground gold mine at its Red Mountain gold-silver project near Stewart, British Columbia, is expected by mid-October. The British Columbia Environmental Assessment Office has completed its review of IDM Mining's proposal for the Red Mountain Mine and forwarded the application for an Environmental Assessment Certificate to the Minister of Environment and Climate Change Strategy;...

  • Freegold starts Shorty Creek drill program

    Updated Sep 25, 2020

    Freegold Ventures Ltd. Aug. 24 announced the start of a modest drill program at its Shorty Creek Project property in Interior Alaska, where previous drilling has cut long sections of porphyry copper-gold-silver-cobalt-tungsten mineralization. Lying alongside the paved Elliott Highway about 75 miles northwest of Fairbanks, Shorty Creek is adjacent to International Tower Hill Mines Ltd.'s 11.5-million-ounce Livengood gold project. Freegold's inaugural drill program at Shorty...

  • High-grade silver property off Sixty Mile road in Yukon near Alaska border

    ATAC expands high-grade silver property

    Updated Sep 25, 2020

    ATAC Resources Ltd. Aug. 28 said 2017 exploration results has outlined a rich silver-lead geochemical anomaly with multi-gram silver on its Connaught property, at the head of the Sixty Mile placer gold camp 65 kilometers (40 miles) west of Dawson City and 10 kilometers (six miles) east of the Alaska-Yukon border. Accessible by the Sixty Mile Road, which extends south from the Top of the World Highway, Connaught hosts more than 20 distinct silver-lead and gold veins, including...

  • John S. McCain National Defense Authorization Act rare earth element magnets

    Strategic metals ban rallies explorers

    Curt Freeman, Special to Mining News|Updated Sep 25, 2020

    Underscoring the interconnected nature of the global mining market, not 48 hours after the John S. McCain National Defense Authorization Act was signed into law, the mining industry began wondering out loud how they were going to produce rare earth element, tungsten, tantalum and molybdenum in the near future. Why these metals and why the worry now? Because one of the many impacts the Defense Authorization Act will have on the U.S. economy is its ban on the U.S. Department of... Full story

  • PGM nickel copper chromite prospect near Richardson Highway Valdez

    New Age seeks JV for Genesis PGM project

    Updated Sep 25, 2020

    New Age Metals Inc. Aug. 29 announced the completion of a technical report that outlines a three-year plan for furthering exploration at its Genesis platinum group metals-copper-nickel project in Southcentral Alaska. Located about 75 miles north of Valdez and less than three miles from the paved highway leading to the port town, Genesis is an underexplored project that covers a 5.6-mile stretch of know PGM mineralization. This mineralization includes a drill-ready reef style...

  • Australia mineral exploration company PolarX drills Alaska

    Tapping skarn, seeking porphyry at Zackly

    Updated Sep 25, 2020

    PolarX Ltd. reported additional high-grade gold-copper mineralization well outside the resource boundary at the Zackly skarn deposit on the Australian explorer's Alaska Range Project. The Zackly deposit hosts 3.4 million metric tons of inferred resource grading 1.2 percent (90.4 million pounds) copper, 2 grams per metric ton (213,000 oz) gold and 14 g/t (1.5 million oz) silver, according to a resource calculation completed early this year. With the goal of expanding this...

  • North needs access to tap mineral wealth

    Rose Ragsdale, For Mining News|Updated Sep 25, 2020

    A dearth of infrastructure in Canada's northern territories is proving to be a severe hindrance to mine development in mineral provinces ranked by many among the most attractive and stable in the world. The lack of roads, ports, power, telecommunications and land access north of the 60th parallel in Canada dominated discussions at an annual gathering of the country energy and mining ministers, held in Iqaluit, Nunavut Aug. 12-14. "Our opportunities are hindered by...

  • Critical Minerals Alaska – Barite

    Shane Lasley, Mining News|Updated Sep 25, 2020

    While not the flashiest of the 35 minerals on the United States Geological Survey's critical list, barite plays an essential role in America's energy sector. Barite got its name from the Ancient Greek word for heavy, barús, and it is the high specific gravity that earned this mineral its name that makes it a critical mineral. Added to drill mud, a solution that serves multiple purposes in bore drilling, barite's weight helps maintain the integrity of the drill hole and...

  • Alaska geologists enter Valhalla Metals

    Shane Lasley, Mining News|Updated Sep 25, 2020

    A group of Alaskans led by renowned geologist Curt Freeman have created Valhalla Metals Inc., a private Alaska exploration company that has nabbed exciting volcanogenic massive sulfide projects that bookend the Ambler Mining District, one of the richest known undeveloped mineral regions on Earth. Anchored by the Arctic deposit on lands held by Trilogy Metals Inc., this region of Northwest Alaska is celebrated for a 70-mile- (110 kilometers) long belt of world-class VMS...

  • Australia miner North Star Resources buy Pogo gold mine Alaska

    Aussie gold miner to pay $260M for Pogo

    Shane Lasley, Mining News|Updated Sep 25, 2020

    Australian gold miner Northern Star Resources Ltd. is adding the Pogo Mine in Alaska to its growing portfolio of low-cost, high-grade underground gold mines. In a deal announced on Aug. 30, the Perth-based miner has agreed to pay US$260 million to buy out Sumitomo Metal Mining Pogo, a joint venture between Japanese firms Sumitomo Metal Mining Company (85 percent) and Sumitomo Corp. (15 percent) that owns and operates the mine. Pogo currently has roughly 4.1 million ounces of...

  • Donlin Gold Final EIS Army Corps of Engineers ROD BLM

    High praise due feds on Donlin decision

    J. P. Tangen, Special to Mining News|Updated Sep 7, 2018

    The Donlin Project took one step closer to becoming the next major mine in Alaska when on Aug. 13, the Army Corps of Engineers and the Department of the Interior signed off on a record of decision regarding the discharge of dredged material and a pipeline right of way as part of the development of the project. In today's political environment, the development of any resource project requires a bevy of permits from diverse agencies and entities, and that entails a mountain of... Full story