The mining newspaper for Alaska and Canada's North
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At a time when American automakers are looking for potential domestic supplies of the graphite that makes up nearly half of all the materials that go into the lithium-ion batteries powering electric vehicles, Graphite One Inc. offers up details of its plans to develop a mine at its Graphite Creek project in Alaska and processing facility in Washington that would produce roughly 75,000 metric tons of advanced graphite products per year. Earlier this year, S&P Global Platts...
Russia's invasion of Ukraine, America's tenuous relationship with China, and global competition for the enormous volume of mined materials needed to build the envisioned clean energy future has elevated the urgency for the United States to bolster domestic critical mineral supply chains. For many, these geopolitical and economic realities have elevated the development of Alaska's incredible critical mineral resources to a national imperative. The urgency of this matter is why... Full story
The White House's bold clean energy ambitions, which are intricately linked to the availability of reliable supplies of the metals needed to build electric vehicles and renewable energy infrastructure, are being slowed by a tug-o-war between departments within the Biden administration. While the departments of Commerce, Defense, and Energy are forging ahead with programs and investments aimed at ensuring America has the minerals and metals needed to support the clean energy...
Adds $30 million to 2022 budgets at Nunavut gold mines, projects Agnico Eagle Mines Ltd., now firmly established as a gold producer in Nunavut, is adding another US$30 million to an already generous 2022 exploration budget for two of its three operations in the Far North Canadian territory. Agnico views Nunavut as a politically attractive and stable jurisdiction with enormous geological potential. The company reported gold production exceeding 774,000 ounces from its two...
Tests potential high-grade zone near Korbel Main gold deposit Nova Minerals Ltd. Aug. 30 reported the start of drilling at Cathedral, an exploration target about 1,000 meters southwest of the 8.1-million-ounce Korbel Main gold deposit on the company's Estelle property in Alaska. Reconnaissance exploration at Cathedral target in 2020 included sampling of outcropping quartz-arsenopyrite veining that returned grades as high as 114 grams per metric ton gold. Five other samples...
ATAC Resources Ltd. Aug. 31 reported that it is impressed with the results from its initial phase of 2022 exploration at the Catch property in the Yukon and is mobilizing a reverse circulation drill to begin testing this property it optioned from Yukon-based geologist Ryan Burke earlier this year. "We've already defined multiple drill-ready targets, with numerous soil anomalies yet to be followed-up," said ATAC Resources President and CEO Graham Downs. Located in an...
Mountain Province Diamonds Inc. Aug. 31 announced the upcoming sale of diamonds from the Gahcho Kué mine in Canada's Northwest Territories will include a 151.6 carat colored octahedron of exceptional clarity. Co-owned by De Beers Canada (51%) and Mountain Province (49%), Gahcho Kué has become known as a source of exceptional, gem-quality, large diamonds since going into production in 2016. The 157.4-carat Polaris, which appears colorless in daylight but shines with a deep b...
American West encouraged about direct shipping copper ore American West Metals Ltd. Sept. 1 announced spectacular copper grades from the first assays of its 2022 drill program at the Storm Copper project in Nunavut. Since optioning Storm from Aston Bay Holdings Ltd. last year, American West has been pursuing the idea of upgrading shallow high-grade copper mineralization identified in several zones on this northern Canada project to direct shipping ore with simple and low-cost...