The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 51 - 75 of 149
Leveraging its expertise in exploring for Arctic-type volcanogenic massive sulfide deposits in the Ambler Mining District, Trilogy Metals Inc. exploring for similar high-grade polymetallic deposits on three groups of claims east and west of the Upper Kobuk Mineral Project in Northwest Alaska. Being advanced by a joint venture equally owned by Trilogy and South32 Ltd., UKMP is a 427,690-acre land package that includes state and patented claims covering a 75-mile-long stretch...
Building upon a strong relationship it has made with Doyon Ltd., Tectonic Metals Inc. has entered into an agreement to lease the Flat gold project owned by the Alaska Native Claims Settlement Act regional corporation. Located about 25 miles north of the Donlin Gold project being advanced under a joint venture between Barrick Gold Corp. and Novagold Resources Inc., the 92,160-acre Flat property hosts intrusive-hosted, sheeted quartz vein gold mineralization similar to that...
JOHNSON TRACT, Alaska – A nearly half-a-million-ounce gold deposit sitting on a 7.5-mile trend of obvious yet underexplored mineralization just a few miles from the coast in Southcentral Alaska was hiding in plain sight for more than two decades before HighGold Mining Inc. began unlocking the rich potential of this high-grade gold project in 2019. Owned by Cook Inlet Regional Inc., more widely known as CIRI, Johnson Tract is one of the many mineral-rich properties identified a...
Alaska Gov. Mike Dunleavy highlighted the importance of cooperation between Alaska Native Claims Settlement Act (ANCSA) corporations and their shareholders, state organizations, and mining companies during a recent visit to the Ambler Mining District in Northwest Alaska. "Collaboration begins with trust," he said. "When we work together and develop our state's resources responsibly, we can achieve incredible outcomes for all Alaskans." Having spent nearly two decades as a...
From a world-class graphite deposit in the Northwest to rare earths on the Southeast Panhandle, Alaska has the potential to offer a sustainable and secure supply to meet the coming explosive demand for the minerals and metals crucial to the renewable energy and electric vehicle sectors in North America and around the globe. International Finance Corporation, part of the World Bank Group, estimates that this shift to low-carbon energy and electric mobility will create nearly... Full story
Donlin Gold LLC, Calista Corp. and The Kuskokwim Corporation are seeking the perspectives and local knowledge of people living in the Yukon-Kuskokwim region when it comes to subsistence and the proposed Donlin Gold Mine project. Calista, the Alaska Native Claims Settlement Act regional corporation for the Yukon-Kuskokwim area of Southwest Alaska, owns the subsurface rights at Donlin, and TKC, the ANCSA village corporation that owns the surface lands covering the...
Mining and mineral exploration helped to bolster an Alaskan economy plagued by COVID-19 during 2020. According to a report prepared by the McKinley Research Group, a renowned Alaska-based research and consulting firm formerly known as McDowell Group, Alaska's mining industry injected roughly $2 billion into the Alaska economy last year. Commissioned by the Alaska Miners Association and Council of Alaska Producers, "The economic benefits of Alaska's mining industry" report... Full story
A relatively young mineral exploration company led by a veteran team noted for their success in advancing Coffee Gold in the Yukon from a grassroots discovery to a roughly 5-million-ounce gold mine project, Tectonic Metals Inc. is exploring the overlooked gold potential Alaska has to offer. Formed as a private company in 2018 and taken public on the TSX Venture Exchange towards the end of 2019, Tectonic has already built an impressive portfolio of gold properties and strong... Full story
Investing capital and resources into keeping its mines operational in the midst of a global pandemic, Teck Resources Ltd. has scaled back on exploration during 2020. "These continue to be challenging times, as the world works its way through the COVID-19 pandemic," said Teck Resources President and CEO Don Lindsay. "Teck will remain focused on protecting our people and communities while continuing to operate responsibly and safely, to support the economic recovery in the wake... Full story
Whether it is the exponential growth in electric vehicles traveling global highways, the massive need for storing energy at solar and wind electrical generating facilities, or cutting the cords on our electronic devices, the world is becoming increasingly dependent on lithium-ion batteries. And this is driving up the demand for cobalt, a critical safety ingredient in the cathodes of these energy storage cells. "Globally, the leading use is in the manufacture of cathode materia... Full story
Tectonic Metals Inc. Dec. 21 reported that its initial prospecting of Carrie Creek, a newly acquired project immediately adjacent to Tibbs, has turned up intrusion-hosted gold mineralization similar to the ore at Kinross Gold Corp.'s Fort Knox Mine. Tectonic acquired Carrie Creek through a long-term lease agreement it entered into with Doyon Ltd., an Alaska Native Claims Settlement Act (ANCSA) regional corporation with 12.5 million acres of land spanning Alaska's Interior, in...
While the United States consumes roughly 5% of the chromite mined globally, none of this chromium mineral comes from domestic mines. Instead, America relies on foreign sources for approximately 72% of its supply and the balance of this vital ingredient in stainless steel and many superalloys comes from recycling. Nearly all America's chromite imports come from one country, South Africa. This heavy reliance on one country, coupled with a dearth of alternatives for this vital... Full story
Doyon Ltd. is seeing a resurgence of mineral exploration on its lands across Interior Alaska, especially on gold properties held by the Alaska Native Claims Settlement Act regional corporation. Running the breadth of Alaska between the Brooks Range to the north and Alaska Range to the south, the Doyon region blankets a mineral-rich swath of Alaska's Interior that is nearly the size of Texas. Doyon itself, owns 12.5 million acres of land within this vast region, making it the... Full story
Rising metal prices are helping to soften the blow COVID-19 has landed on Alaska's mining sector in 2020. While mining has been deemed an essential business in Alaska, which has helped keep the six large mines in the state operating during the pandemic, measures put in place to slow the spread of COVID-19 are weighing on production at some of these operations. Efforts to flatten the curve on the spread of coronavirus also disrupted several winter drill programs in Alaska,... Full story
A feasibility study for developing a mine at the world-class Arctic deposit in Alaska's Ambler Mining District details a financially robust operation that would produce 1.9 billion pounds of copper, 2.3 billion lb of zinc, 388 million lb of lead, 386,000 ounces of gold, and 40.6 million oz of silver over an initial 12-year mine life. While high-grade volcanogenic massive sulfide deposits such as Arctic are typically mined from underground, the Arctic feasibility study details...
The COVID-19 pandemic has led NANA Corp. and its mining partners, Teck Resources Ltd. and Ambler Metals LLC, to adjust their mineral exploration and mine development plans in order to meet the ever-evolving health and safety mandates to keep shareholders, employees and residents of Northwest Alaska as safe as possible. "Although the pandemic was unexpected, learning to adapt is nothing new for the region and Iñupiaq people. For 40 years, NANA shareholders have supported... Full story
HighGold Mining Inc. July 22 announced that it now plans to complete at least 15,000 meters of drilling this year at its Johnson Tract Gold Project in Southcentral Alaska. HighGold had originally planned to complete 7,000 to 10,000 meters of drilling during the 2020 program at Johnson Tract. Strong investor interest, however, resulted in a very strong financing that closed earlier this month. As a result, the company has expanded the scope of this year's work. "With the...
Trilogy Metals Inc. July 8 confirmed that the 2020 field programs at the Upper Kobuk Mineral Projects in Northwest Alaska has been deferred due to the COVID-19 pandemic. Ambler Metals LLC, a joint venture operating company equally owned by Trilogy Metals and South32 Ltd., had budgeted US$22.8 million for the 2020 program. Following the novel coronavirus outbreak, Ambler Metals met with NANA Corp., the Alaska Native Claims Settlement Act (ANCSA) regional corporation for... Full story
Taking another step along the path of establishing a mine at its world-class copper-gold- molybdenum-silver deposit in Southwest Alaska, Pebble Limited Partnership signed a memorandum of understanding with Alaska Peninsula Corp. for providing transportation and port operations support for the proposed project. Under the agreement, Alaska Peninsula Corp. would serve as the organizer of a consortium of key Alaska Native Claims Settlement Act (ANCSA) village corporations in the...
Tectonic Metals Inc. June 2 announced plans to raise an additional C$3 million to fund 2020 drill programs on two of its Alaska properties – Tibbs and Seventymile. In April, Doyon Ltd. invested US$1.5 million (C$2.1 million) to acquire a 16.1% strategic ownership of Tectonic. An Alaska Native Claims Settlement Act (ANCSA) regional corporation, Doyon owns 12.5 million acres of land spanning Alaska's Interior, making it the largest private landholder in the state and one of t...
As the largest shareholder and chairman of Novagold Resources Inc., a company that owns 50% of the 39-million-ounce Donlin Gold project in Alaska, it is natural for New York billionaire Thomas Kaplan to elucidate potential investors on his predictions of coming rises in the price for an ounce of gold. The truth, however, is the renowned entrepreneur and natural resources investor is not bullish on gold because he has skin in the game. Instead, he is a major owner of the... Full story
In an unprecedented deal that offers a bit of good news for gold exploration in Alaska, Doyon Ltd. has invested US$1.5 million (C$2.1 million) to acquire a 16.1% strategic ownership of Tectonic Metals Inc., a junior exploration company currently advancing three gold projects in eastern Alaska. An Alaska Native Claims Settlement Act (ANCSA) regional corporation, Doyon owns 12.5 million acres of land spanning Alaska's Interior, making it the largest private landholder in the sta...
Teck Resource Ltd. March 23 announced temporary ban on travel from the Red Dog Mine to communities in the NANA region of Northwest Alaska where the world-class zinc mine is located. These restrictions on travel come at a time when NANA Corp., as well as other Alaska Native Claims Settlement Act (ANCSA) corporations are looking at ways to prevent COVID-19 from reaching their regions and villages. "Our main priority is the health and safety of our people – shareholders, e... Full story
In the midst of the COVID-19 outbreak and following the cancellation of the Alaska Miners Association 2020 Spring Convention in Fairbanks, AMA Executive Director Deantha Crockett takes the time to answer 20 questions on how the pandemic is affecting Alaska's mining sector and the association; Alaska's economy; state and federal mining policy; and due process for the Pebble Mine project. Q. Alaska Miners Association recently made the difficult decision to cancel its spring... Full story
Tectonic Metals Inc. July 20 announced that drills are turning on its Tibbs Gold project less than 22 miles (35 kilometers) from Northern Star Resources Ltd.'s high-grade Pogo Gold Mine in Alaska's Goodpaster Mining District. Immediately following a roughly 2,500-meter rotary air blast drill program at Tibbs, Tectonic will launch the first drill program in more than two decades at Seventymile , an eastern Alaska gold project that covers a more than 25-mile- (40 kilometers)...
