Articles from the December 30, 2007 edition
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Fortune tests NWT Nico deposit with pilot
Fortune Minerals Ltd. reported Dec. 4 the startup of a $3.8 million pilot plant last month at SGS Lakefield Research Limited in Ontario for its Nico cobalt-gold-bismuth deposit in the Northwest Territories. Fortune aims to confirm the economic... — Updated 1/10/2018
Final assay results in from SUN property
Andover Ventures Inc. has released the assay results from the final seven holes of its 2007 drill season at the Sun property west of Kotzebue in the Ambler Mining District of Northwest Alaska. Four of the assay results were from the northernmost... — Updated 12/30/2007
Barge access plan under review
Vancouver-based Redcorp Ventures Ltd. said subsidiary Redfern Resources Ltd. is working to complete a public comment period and coastal management plan consistency review in January in hopes of... — Updated 12/30/2007
Search for lode continues at Little Squaw; report 7.5 million cubic yards of gold bearing gravel
Little Squaw Mining Co. reported encouraging assay results from 68 of 99 holes drilled this year at Little Squaw Creek in the Chandalar Mining District, about 190 miles north of Fairbanks. The... — Updated 12/30/2007
Greens Creek metals mine goes on block
Rio Tinto Plc, parent of the company that owns a majority of the Greens Creek Mine, said it would like to sell the Southeast Alaska investment. The move, however, is not expected to affect the profitable zinc, lead and silver mine's operations on A... — Updated 12/30/2007
December activity in Alaska leaves little time to catch breath; outstanding results will blur transition to New Year
In days gone by the Alaska mining industry thought of December as a time of decreased activity and a chance to catch your breath before the New Year started. Well, in case you have not noticed,... — Updated 12/30/2007
Yukon placer gold mining on the upswing
Placer mining heated up in the Yukon Territory this year as mostly family owned outfits mounted more exploration programs. The value of gold produced in the Yukon's growing placer mining sector shot up 18 percent, according to William LeBarge,... — Updated 12/30/2007
NovaGold reviews Donlin drill results
NovaGold Resources reported results Dec. 18 from 152,000 meters of drilling completed in 2006 and 2007 at the Donlin Creek gold deposit in western Alaska. The exploration averaged 67 meters of... — Updated 12/30/2007
Junior preps zinc-lead giant for comeback
A bold gambit to revive what was once Canada's largest and most profitable zinc-lead mine is still on track thanks to the tenacity and innovation of Tamerlane Ventures Inc., a Blaine, Wash.-based junior mining company led by some of the industry's... — Updated 12/30/2007
Hemis explores for gold near Cook Inlet
Hemis Corp., an international resource company, said it has completed the first phase of a gold exploration program in Alaska. The Anchor Gold project in the Cook Inlet of Alaska is a venture between Las Vegas-based Hemis and Aspen Exploration... — Updated 12/30/2007
Study: Red Dog area subsistence foods safe
Teck Cominco Alaska Inc. released the final report Nov. 29 of a six-year study that concludes it is safe to consume subsistence foods in all areas near the Red Dog Mine in northwestern Alaska without restrictions. The final report of the "DeLong... — Updated 12/30/2007
Mining and fish can coexist
Sean Magee, spokesman for The Pebble Limited Partnership, told members of the Anchorage Chamber of Commerce Dec. 3 that the Pebble Mine Project could be developed in an environmentally and socially... — Updated 12/30/2007
Goldmark Minerals explores Southwest Alaska
Calgary-based exploration company Goldmark Minerals Ltd. said it has completed the acquisition of Geocom Resources Inc.'s ownership interest in the Iliamna project in southwest Alaska. Goldmark... — Updated 12/30/2007
Minto targets increased production
Sherwood Copper Corp. said Dec. 12 that a pre-feasibility study shows the Area 2 deposit at its Minto copper-gold mine in central Yukon has a reserve that supports a 45 percent increase in mill... — Updated 12/30/2007
Rollercoaster ride not over
A year ago, Vancouver-based NovaGold Resources Inc. triumphantly fought off a hostile takeover bid by Toronto giant Barrick Gold. In 2007, the ambitious junior brought its Rock Creek project near Nome to the brink of production, began construction... — Updated 12/30/2007
