The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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Mining execs rank Alaska, Yukon, BC, NWT and Nunavut high on mineral potential; policy issues weigh on Fraser mining survey scores. With the exception of British Columbia, all the mining jurisdictions in the North of 60 Mining News area lost favor in the latest edition of the Fraser Institute's Annual Survey of Mining Companies. Each year, Canada-based Fraser Institute calls on mining executives from around the world to rank global mining jurisdictions when it comes to...
ANCHORAGE, Alaska: Gathering together leaders, decision-makers, and experts toward the common goal of understanding the value of Alaska's mineral endowment and how to unlock it for America's net-zero emission goals, the U.S. Department of Energy's Office of Fossil Energy and Carbon Management hosted a two-day workshop bringing attention to carbon management and critical minerals and how the Last Frontier will be a keystone in achieving the country's lofty ambition. Held at...
Millrock Resources Inc. March 1 announced that it is shifting its focus to exploration of Nikolai, an Alaska project prospective for a large deposit of critical energy metals such as nickel, copper, cobalt, and platinum group elements. As part of this shift in focus, the company plans to change its name to Alaska Energy Metals Corp. and complete a 10-to-one share consolidation. "Despite strong execution of the project generator model over the past few years, Millrock's share...
More gold, strong zinc prices helped push value higher; critical minerals could add a boost moving forward. Alaska mines produced approximately $4.51 billion worth of nonfuel minerals last year, a 16% increase over the $3.89 billion in 2021, and an impressive 42.7% jump over the $3.16 billion of mined products during 2020, according to the U.S. Geological Survey's Mineral Commodity Summaries 2023 report. The rise in Alaska mine production value is largely due to increased...
If you have paid any attention to the news lately, you are aware that the National Debt exceeds $30 trillion dollars and our Gross Domestic Product is a little over $26 trillion, so we are literally borrowing ourselves rich. The National Debt Ceiling is $31.4 trillion, so Congress is confronted with the grim choice of raising the debt limit or not being able to pay our national bills. Naturally, there is a lot of controversy over how Congress should proceed. Remarkably, some... Full story
Although small, program confirmed model and sets groundwork for 2023 exploration program. Seabridge Gold Inc. Jan. 17 announced that its drilling has concluded, and assay results from the limited 2022 program have been received from the company's 3 Aces project in Yukon, Canada, which established the target parameters for the major drill program this year. Agreeing to purchase the 3 Aces project in southeastern Yukon from Golden Predator Mining Corp. in 2020, Seabridge has...
Working with First Nations is key to unlocking the Golden Triangle's vast potential. A world-class copper-gold district that is also enriched with nickel, cobalt, platinum group metals, and other critical minerals, the Golden Triangle region of Northern British Columbia is poised to be a major supplier of the mined commodities critical to a low-carbon future, cutting-edge technologies, and strong global economies. "Responsible mineral exploration and development are critical... Full story
Northern Star Resources Ltd. Dec. 21 acquired a 10% interest in mineral exploration company PolarX Ltd. Both Australia-based companies have interests in Alaska – Northern Star owns and operates the high-grade Pogo gold mine, and PolarX is exploring the district-scale Alaska Range copper-gold-silver project about 100 miles (165 kilometers) southwest of Pogo. For Northern Star, Pogo Mine is the company's first operation outside of Australia. The major gold producer with a m...
As we honor tradition and significant achievement toward mining, mineral exploration, or all-around trailblazing in Alaska, there are many individuals who have been immortalized through the Alaska Mining Hall of Fame. Among these legends is Wesley Earl Dunkle, whose impacts on Last Frontier aviation are as memorable as his mining exploits and possibly even more strongly felt today. In 2006, Charles Hawley chronicled Dunkle's high-flying Alaska exploits in a book titled...
Silver Range Resources Ltd. Oct. 24 reported that its partner Silver47 Exploration Corp. has cut high-grade silver-zinc mineralization in its initial drilling at the Silver Matt discovery on its Michelle project in northcentral Yukon. Split between its portfolio of 43 properties in Nevada and northern Canada, of which 14 are currently under option to others, including the Michelle project now being explored by Silver47. The Michelle project covers carbonate-hosted,...
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...
Study shows mine is feasible, could be enhanced with more exploration. A scoping study provides the first glimpse of potential mines at the Zackly and Caribou Dome deposits on PolarX Ltd.'s Alaska Range copper-gold project. Spanning a roughly 22-mile- (35 kilometers) long stretch of its namesake cordillera, the Alaska Range project is rich in copper and gold deposits and occurrences. The two most advanced of these are Zackly, a high-grade gold-copper-silver skarn deposit that...
Alaska-focused Valhalla Metals lists on TSX-V, raises C$10.2M Rick Van Nieuwenhuyse, a longtime Alaskan geologist renowned for founding and serving as the top executive of both Novagold Resources Inc. and Trilogy Metals Inc., has launched yet another publicly traded company focused on exploring Alaska's incredible mineral potential – Valhalla Metals Inc. Originally formed as a private company in 2018, Valhalla picked up two high-grade volcanogenic massive sulfide projects a...
By 2030, batteries will likely need more than 5x all the graphite mined in 2021 While shortages of the lithium and nickel needed for electric vehicle batteries has dominated news headlines over the past year, the massive demand for graphite has largely been overlooked. As the primary ingredient in the anode side of lithium-ion batteries, graphite is the single largest element in lithium-ion batteries and the mining sector's inability to keep pace with skyrocketing demand of...
Magnet rare earths transform motion to energy; and energy to motion and music While all 15 of the rare earths have special properties that have been called magical, alchemistical, and futuristic, seven of these elements are imbued with a powerful magnetism that is hard to resist when it comes to creating a high-tech future powered by clean energy. The magnetic qualities of these rare earths – praseodymium, neodymium, samarium, gadolinium, terbium, dysprosium, and holmium – are...
From flashlights to supercomputers, tin is the glue for an electronic age Lost in the clamor for lithium, nickel and other metals needed for the batteries powering electric vehicles and modern electronics, or the rare earth elements that turn stored energy into motion, is the enormous need for a much more modest metal that is so fundamental to the advancement of technology that it almost goes unseen – tin. While other technology metals are critical to certain products and s...
Russia and China's control of global supplies worry DC lawmakers From its uses in flame retardants that have saved countless American lives to being an important ingredient in batteries poised to be the answer to the challenge of storing intermittent renewable energy, few metals are more critical to the national security and economic wellbeing of the United States than antimony. Described as a metalloid, which means it falls somewhere between metals such as zinc and solid...
Tungsten could be held ransom unless domestic mines open Tungsten, or wolfram, is the 74th element on the periodic table of elements and, like many other metals that have found their way onto critical mineral lists in Canada, Europe, and the United States, this sturdy metal is vulnerable to supply disruption. Tungsten has been known since prehistoric times, and as far back as 350 years ago, Chinese porcelain makers were using this element as a pigment to incorporate a unique...
Victoria Gold Corp. July 12 reported that its Eagle Gold mine in the Yukon produced 32,055 ounces of gold during the second quarter, resulting in approximately 56,413 oz for the first half of the year, a consistent amount from the Canada miner. "Similar to previous years, the first half of 2022 was a seasonally slow production period at the Eagle Gold mine," said Victoria Gold President and CEO John McConnell. Generally, gold production at heap leach operations like Eagle...
With zinc prices on the rise and strong production of the galvanizing metal, the Red Dog Mine in Northwest Alaska generated strong profits for Teck Resources Ltd. and revenues for NANA Corp., the Alaska Native Claims Settlement Act (ANCSA) regional corporation for Northwest Alaska. During the first quarter of this year, Red Dog produced 131,600 metric tons (290.1 million pounds) of zinc, a roughly 10% increase over the 119.7 metric tons (263.9 million lb) produced during the...
Rare earths from the Nechalacho Mine being delivered into the supply chain marks the opening of a new critical minerals chapter in the story of mining in Northwest Territories – a saga that includes a 1930s gold rush to the territory's capital, a whole new town to support the Pine Point zinc mine, and the unlikely discovery of world-class diamond deposits in the famed Lac de Gras region. "We have an opportunity to add to our rich and long-standing mining story," Northwest Terr... Full story
The Alaska Industrial Development and Export Authority May 25 announced that it has submitted an application with the U.S. Army Corps of Engineers for the 404 permit to build the proposed West Susitna Access Road, which would extend into resource-rich areas west of Cook Inlet in Southcentral Alaska. "Today marks the beginning of the process to evaluate an access route to unlock opportunities in the fastest-growing region of the state," said AIDEA Executive Director Alan...
Independent testing commissioned by the Alaska Industrial Development and Export Authority demonstrates that Ucore Rare Metals Inc.'s RapidSX rare earth elements separation technology is in fact faster, cheaper, more efficient, and environmentally sound than the conventional mixer-settler solvent extraction method it was designed to replace. Fundamentally, RapidSX is a modernization and technological upgrade to the conventional solvent extraction technique that has been the st...
While Golden Triangle is an apt and easily marketable moniker for northwest British Columbia's incredible mineral endowment, Tahltan Territory more accurately and thoroughly encapsulates the rich deposits of copper, gold, silver, nickel, platinum group elements, and other metals for which this region has gained international renown. Extending east from the Alaska border to the Cassiar Mountain range and north from the Nass and Skeena Rivers into the Yukon, the roughly...
With its world-class mineral potential and favorable mining policies, Western Australia reclaimed the crown as the best place to discover, permit, and build a mine, according to the mining executives that ranked 84 global jurisdictions for the Fraser Institute's Annual Survey of Mining Companies, 2021. Each year, Canada-based Fraser Institute calls on mining executives from around the world to rank global mining jurisdictions when it comes to mineral potential and a broad...
