The mining newspaper for Alaska and Canada's North
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A shortage of the graphite required for the lithium-ion batteries powering the transition to electric mobility is elevating the criticality of Graphite One Inc.'s plans to develop a mine in Alaska and advanced graphite processing and recycling facility in the Pacific Northwest. "Our strategy is to build a complete graphite anode supply chain – from mine to battery – located in the United States," said Graphite One CEO Anthony Huston. "And to complete the circular economy for...
Underwater mining conjures images of the dredging up gold-rich marine placers off the beaches of Nome, Alaska, diamonds from the ocean floor of the coast of Namibia, or collecting potato-sized nodules of manganese off the deep-ocean floor. Arctic Canadian Diamond Company, however, has a completely different use for submersible mining technology – recovering diamonds from the bottom of previously mined pits that have since filled with water at its Ekati Mine in Canada's N...
Snowline Gold is unveiling an exciting new gold district in Canada’s Yukon. A little over 18 months after its organization, Snowline Gold Corp., a junior mining company with deep prospecting roots in Yukon Territory and savvy investment partners with deep pockets, is emerging as one of northern Canada's most active and enticing gold explorers. In March, the company outlined plans for its 2022 field season, citing exploration of prospective zones in its flagship 7...
Top objectives of new state office offers benefits for Alaska’s mining industry. Alaska's mining sector stands to benefit from a new Office of Energy Innovation established by Gov. Mike Dunleavy in two ways – policies and investments that support low-cost and low-carbon sources of energy to power mines, and the development of a strong critical minerals mining program in the state. "Alaskans need energy supplies that are stable and secure," said Akis Gialopsos, acting com...
Millrock Resources Inc. Oct. 5 reported that its geological team has identified a section of the Eureka Zone on its Nikolai project in Alaska that could be upgraded to an NI 43-101-compliant inferred resource containing roughly 400,000 metric tons of nickel enriched with copper, cobalt, and platinum group metals with around seven new drill holes. Discovered by INCO Ltd. in the 1990s and explored by Pure Nickel Inc. from 2007 through 2014, the Eureka zone extends for about 10...
Trilogy Metals Inc. Oct. 5 announced the completion of the 2022 program at the Upper Kobuk Mineral Projects that included 10,739 meters of resource upgrade and geotechnical drilling at the Arctic mine project, and exploration drilling of targets across the wider property that covers much of the Ambler Mining District in Northwest Alaska. Ambler Metals LLC, a joint venture company equally owned by Trilogy and South32 Ltd., originally budgeted US$26.2 million to carry out...
Nova Minerals Ltd. Oct. 4 reported that drilling continues to cut wide sections of strong gold mineralization at the RPM North deposit on the Australian company's Estelle project in Alaska. Located about 100 miles (160 kilometers) northwest of Anchorage, Alaska's largest city, the 125-square-mile (324 square kilometers) Estelle property hosts two deposits with a combined 9.6 million ounces of gold and multiple of prospects and targets across an 18-mile- (29 kilometers) long...
Victoria Gold Corp. Oct. 4 reported the results from its third quarter production at the company’s Eagle Gold Mine, delivering 50,028 ounces of gold, down roughly 5,000 oz from the same period last year. The company attributes the drop in year-over-year third-quarter gold production to no run-of-mine ore hauled directly from the open pit to the heap leach facility. Last year, a total of 1.1 million metric tons of run-of-mine ore was hauled directly from the open pit to the h...
CAVU Energy Metals Corp. Oct. 3 announced plans to merge with Alpha Copper Corp., a mineral exploration company with two promising copper projects in British Columbia. Under the terms of the agreement, CAVU shareholders will receive 0.7 shares of Alpha for each CAVU share held, which represents a 31.3% premium for CAVU shareholders based on each company's respective 30-day volume-weighted average price. The value of the consideration was calculated as C33 cents per CAVU...
For this special spooky edition, North of 60 Mining News is revisiting some of the most bizarre and disturbing ghost towns in its northern coverage area. From one of the most haunted places in Alaska to a practically unknown trading post in Nunavut, enjoy this eerie account of places that once thrived but are now all but forgotten with nary the skeleton of infrastructure to prove its existence. Let us peer into the oftentimes short-lived bastions of civilization that, for... Full story
Politically, the United States has been on a long slow drift to the left ever since Franklin Roosevelt threatened to expand the Supreme Court in 1937 in order to get his progressive agenda back on track. Through a cascade of political divisions, from the attack on Pearl Harbor to the abandonment of Kabul, the left-right divisions of the electorate have divided the country; but the ship of state has consistently incrementally edged forward, veering slightly to port.... Full story