The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 12 of 12
BEAVER CREEK, COLO. – The thin air at the 8,100-foot elevation of the 2023 Precious Metals Summit at Beaver Creek offers a perfect allegory for the markets faced by the gold and silver mineral exploration companies that summited the Rocky Mountains to connect with investors. Mineral explorers in good financial shape hardly noticed the relatively low concentrations of capital atop Beaver Creek Mountain, those in decent shape may be winded but are hopeful they have enough f...
Rio Tinto, Fortune Minerals team up to recover critical minerals at Nico refinery in Alberta. To bolster the North American supply of critical minerals, global mining giant Rio Tinto and Canadian mine developer Fortune Minerals Ltd. are working to together to improve the recovery of bismuth and cobalt from ore and waste streams. "We are committed to find better ways to provide the materials the world needs to grow and decarbonize," said Rio Tinto Kennecott Managing Director...
Over the course of two short years, Vital Metals Ltd. has fallen from a visionary mining company pioneering a first-ever rare earth supply chain in Canada to a delisted Australian firm struggling to reclaim some of its former glory at the Nechalacho rare earths mine in Northwest Territories. Vital Metals reached a pinnacle when its Canadian subsidiary Cheetah Resource Corp. began mining ore from the high-grade North T deposit at Nechalacho during the summer of 2021, forging...
Economists at the government of Nunavut are predicting major economic growth in Canada's northernmost territory next year, partly due to increased production and steady commodity prices in its mining sector. Nunavut Premier P.J. Akeeagok told an audience at the Nunavut Trade Show Sept. 19 that the Nunavut economy is expected to grow by 13.6% in 2024, up from around 7% this year. "I'm happy to report Nunavut's economy is expected to expand strongly this year, at a rate of 7%...
Like many other northern regions, Canada's North was settled because of its mineral resources. When the Canadian Dominion Government first purchased its arctic regions from the British Crown in the late 1800s, the Northwest Territories was seen as a vast stretch of cold, inhospitable land and was thus largely ignored at the time. However, due to the Klondike Gold Rush, the future of these northern lands would change forever. These days, a new rush has arisen, a white gold...
Victoria Gold Corp. Oct. 4 reported that its Eagle Mine in the Yukon produced 124,749 ounces of gold during the first nine months of this year, including 41,561 oz during the third quarter. The gold recovered at Eagle during the first three quarters of 2023 is 17% higher than the 106,441 oz produced during the same period of 2022. This year's third-quarter gold production at Eagle, however, is down 17% from the 50,028 oz recovered during the same three-month period last year....
American Pacific Mining Corp. Oct. 4 announced that it is wrapping up the 2023 field program at Palmer with roughly 500 meters of drilling to test a new target on this advanced-staged zinc-copper-silver-gold exploration project near the town of Haines in Southeast Alaska. A preliminary economic assessment that was updated prior to American Pacific's acquisition of a roughly 45% joint venture interest in Palmer late last year outlines an underground mine and a...
Generally, when there is a turn of the screw in DC, the pundits bombard the media with insight and analysis, often drawn on their experience with analogous events. Tuesday's vote to unseat the Speaker of the House somehow seems a little different since there is little precedent and even less Constitutional guidance as to what our leaders are to do next. Contextually, we are in a bit of a dilemma. President Biden embraced an aggressive liberal agenda that contemplates the...
PolarX Ltd. Oct. 3 announced that it has initiated a metallurgical testing program focused on improving copper recovery and concentrate grades at Caribou Dome, as well as gold recovery at Zackly, which could improve the economics of establishing a mine on its Alaska Range project. Lying about 175 miles (280 kilometers) northeast of Anchorage, Alaska, the Alaska Range project is a roughly 22-mile- (35 kilometers) long land package that covers multiple copper, gold, and silver...
Snowline Gold Corp. Oct. 5 announced the latest batch of assays that continues to confirm the robust continuity and grade of gold mineralization at the Valley target on its Rogue project in Yukon, Canada. "The exceptional nature of our Rogue project's Valley target is highlighted by the observation that holes such as V-23-049 and V-23-050, with average grades of greater than one gram per metric ton gold from surface over hundreds of meters and greater than two g/t gold over...
Li-FT Power Ltd. Oct. 4 released a new batch of assays from its 2023 drill program at the Yellowknife Lithium project in Northwest Territories, including another hole with better-than-expected results from the BIG East pegmatite. Yellowknife Lithium consists of 11 properties that cover some of the most prospective targets within the Yellowknife Pegmatite Province, a 9,600-square-kilometer (3,700 square miles) area east of the NWT capital city. Li-FT has divided these...
Blackwolf Copper and Gold Ltd. Oct. 3 announced that its drilling has encountered coarse visible gold at the Swann Zone target on the company's first Northern British Columbia property, Harry. Announced mid-June, Blackwolf made an offer to purchase BC-focused gold and silver explorer Optimum Ventures Ltd., which carried with it the claims to Harry, a 1,333-hectare (3,294 acres) gold exploration property located between Ascot Resources' Premier gold mine and Scottie Resources...
