The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 26 - 50 of 142
Blackwolf Copper and Gold Ltd. Feb. 23 announced the first update of the year with highly encouraging surface sample assay results from 2021 reconnaissance exploration programs at its Southeast Alaska properties. Located at the end of the Alaskan Panhandle, on Prince of Wales Island, the historic Niblack Mine is located over 1,000 meters north of the current NI 43-101 mineral resources in the Lookout and Trio zones of the property. According to a 2011 calculation, these...
Newcrest Mining Ltd. Nov. 16 announced the restart of operations at Brucejack following a more than three-week shutdown to investigate the cause of an Oct. 22 fatality at the high-grade underground gold mine in Northern British Columbia. While details surrounding the cause of the incident nor the identity of the miner involved have not been released, it was previously reported that the worker was an employee of Procon, the underground mine contractor at Brucejack. In order to...
Miner fatality at Brucejack puts a hold on plans to ramp up Golden Triangle mining. Newcrest Mining Ltd.'s Red Chris and Brucejack mines in British Columbia's Golden Triangle produced 101,636 ounces of gold and 19.2 million pounds of copper during the third quarter of 2022. The precious and base metals output at the Australia-based company's two Northern BC operations, however, was overshadowed by an Oct. 22 fatality at Brucejack, the newest addition to Newcrest's portfolio....
Blackwolf Copper and Gold Ltd. July 19 announced the acquisition of yet another property through staking, the Rooster property, its fifth claim group in the Golden Triangle area and the company's first in British Columbia. Situated near the mining towns of Hyder, Alaska and Stewart, BC, recent additions to the Blackwolf portfolio are the Texas Creek and Cantoo properties, Southeast Alaska properties that lie immediately west of the Premier gold project and south of...
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...
Contributing 17,001 ounces of gold over the first 22 days after Newcrest Mining Ltd. acquired Brucejack Mine, this high-grade underground operation in British Columbia's prolific Golden Triangle is already bolstering the Australia-based company's bottom line. "In March 2022, we completed the Pretium acquisition, adding the world class Brucejack mine to our already exceptional asset portfolio, generating immediate gold production and cash flows this quarter," said Newcrest Mini... Full story
Brucejack Mine in British Columbia's Golden Triangle is expected to push Newcrest Mining Ltd.'s annual gold production north of 2 million ounces per year, and that does not include the likely production boosts that will be created by an optimization and expansion program being launched at the newest addition to the Australian miner's portfolio. On March 9, Newcrest's roughly US$2.8 billion acquisition of Pretium Resources Inc. was finalized, a milestone that is expected to...
Seabridge Gold Inc. March 1 announced that its wholly-owned subsidiary, KSM Mining ULC, has signed an agreement with British Columbia Hydro and Power Authority to supply the world-class KSM copper-gold-silver project with hydroelectricity. Under this agreement, KSM will connect to BC Hydro's existing Northwest Transmission Line at a switching station located where KSM's Treaty Creek access road meets Highway 37. KSM Mining has already completed the design for a 30-kilometer...
In a move that will help ensure that the First Nations people and communities in British Columbia's Golden Triangle benefit from the rising mining activity in their incredibly mineral-rich traditional territory, Tahltan Nation Development Corp. has secured the rights to sell Sandvik mining equipment, parts, tools, and digital solutions in northwestern British Columbia and neighboring Yukon. "Sandvik's global reputation for safety, quality, performance, customer service...
In a bid to add the Brucejack Mine to its operations in British Columbia's Golden Triangle, Newcrest Mining Ltd. has entered into an agreement to pay roughly C$3.5 billion (US$2.8 billion) to acquire Pretium Resources Inc. "We are delighted to be expanding our presence in this highly prospective region in British Columbia," said Newcrest Mining Managing Director Sandeep Biswas. "Brucejack is a tier one mine in a tier one jurisdiction and will deliver immediate production,... Full story
Pretium Resources Inc.'s 2021 resource expansion and exploration drill program at Brucejack cut spectacular gold and silver grades, even for this Northern British Columbia project world-renowned for its bonanza-grade gold. So spectacular, in fact, that Newcrest Mining Ltd. paid roughly US$2.8 billion to acquire Pretium and its high-grade gold mine in BC's Golden Triangle. Going into 2021, the Valley of the Kings deposit at Brucejack hosted 11.5 million metric tons of proven... Full story
Despite a season challenged by heavy rains and an early snowstorm, the massive amount of exploration carried out in Northern British Columbia during 2021 piled loads of drill core and surface samples on assay labs already severely backlogged by COVID-19 protocols and restrictions that slowed the flow of samples in and data out of these facilities. Just how busy was the 2021 exploration season across the northern half of BC? According to North of 60 Mining News calculations,... Full story
In a bid to add the Brucejack Mine to its operations in British Columbia's Golden Triangle, Newcrest Mining Ltd. has entered into an agreement to pay roughly C$3.5 billion (US$2.8 billion) to acquire Pretium Resources Inc. "We are delighted to be expanding our presence in this highly prospective region in British Columbia," said Newcrest Mining CEO Sandeep Biswas. "Brucejack is a tier one mine in a tier one jurisdiction and will deliver immediate production, free cash flow...
Pretium Resources Inc. Oct. 25 announced that its 2021 exploration drilling has cut bonanza-grade gold mineralization at Golden Marmot, a discovery zone about 3.5 kilometers (2.2 miles) northwest of the Valley of the Kings deposit on the company's Brucejack property in Northern British Columbia. "Initial results from Golden Marmot are exciting and affirm the district-scale potential of the Brucejack property," said Pretium Resources President and CEO Jacques Perron. Golden...
A fleet of battery-powered Sandvik Z50 electric haul trucks charged with hydroelectric power will be hauling high-grade gold ore at Pretium Resources Inc.'s Brucejack Mine in Northern British Columbia. "Replacing our diesel-fueled fleet with zero-emissions electric haul trucks delivers significant environmental benefits and extends the advantages from our use of low-carbon hydro-electric power at Brucejack," said Pretium Resources President and CEO Jacques Perron. This...
Pretium Resources Inc. June 18 reported some impressive high-grade results from the 83 holes completed during the second phase of North Block resource expansion drilling at Brucejack, even by the Bonanza grade standards of this gold mine in British Columbia's Golden Triangle. Going into 2021, the Valley of the Kings deposit at Brucejack hosted 11.5 million metric tons of proven and probable reserves averaging 8.7 grams per metric ton (3.2 million ounces) gold and 9.8 g/t (3.6...
The formation of bonanza-grade gold veins like those running through the ore at Pretium Resources Inc.'s Brucejack Mine in Northern British Columbia, Canada has long baffled scientists. Given the time it would take the mineralizing fluids carrying minute concentrations of gold to form the thick veins of the precious metal, they simply should not exist. Yet, these seemingly impossible ultrahigh-grade seams of gold are found at places like Brucejack, Ballarat in Australia,...
Blackwolf Copper and Gold Ltd. June 10 reported that it has staked mining claims over numerous historic, high-grade gold-silver prospects and mines in Southeast Alaska. Situated near the mining towns of Hyder, Alaska and Stewart, British Columbia, these properties – Texas Creek and Cantoo – are immediately west of the Premier gold project and south of past-producing Scottie gold and Granduc copper mines in BC's famed Golden Triangle. According to Blackwolf, very limited mod...
Despite being challenged with a COVID-19 outbreak, Pretium Resources Inc.'s Brucejack Mine in Northern British Columbia was able to produce enough gold to turn a profit during the first quarter of 2021. As of Feb. 11, Pretium reported that it is managing 14 COVID-19 cases among employees and contractors at Brucejack, prompting BC Northern Health to declare an outbreak at the mine. As a result, Pretium quickly implemented enhanced COVID-19 protocols, including restrictions on...
Long before COVID-19 became a household name for a global pandemic, remote mining camps have needed to take precautions to ensure more common illnesses did not spread amongst the crewmembers that share common working, eating, sleeping, and lounging quarters. Now, they are tasked with battling a coronavirus that hides itself longer and is more severe than the common cold or flu. And, despite extensive testing and transmission prevention protocols, COVID-19 continues to find... Full story
Pretium Resources Inc. Jan. 18 reported that its Brucejack Mine in Northern British Columbia produced 347,743 ounces of gold during 2020, slightly above the midpoint of the company's 325,000 to 365,000 oz guidance set at the beginning of the year. "For the first time in the company's history we have achieved our annual production guidance, demonstrating the hard-work and perseverance of our team in light of the exceptional challenges we faced this year," said Pretium Resources...
Tahltan Nation and Coeur Mining Inc. Jan. 19 announced the signing of a comprehensive impact and benefit agreement in connection with Coeur's Silvertip silver-zinc-lead mine located in Northern British Columbia. This agreement provides a framework for a mutually beneficial and long-term relationship between the Tahltan First Nation and Coeur Silvertip, and supports Coeur's commitment to socially and environmentally responsible mining. "We are honored to have the Tahltan...
Pretium Resources Inc. Dec. 16 said the discovery of high-grade gold within broad intervals of bulk tonnage mineralization at the Hanging Glacier zone about four kilometers (2.5 miles) northwest of its Brucejack Mine, demonstrates the wider potential of this Northern British Columbia property. Pretium completed 25,350 meters of grassroots exploration drilling at four zones – Hanging Glacier, A6, Koopa, and Haimila – across its 1,200-square kilometer (463 square miles) Brucejac...
Seabridge Gold Inc. has added 25.9 million ounces of gold to its 49.7 million oz of gold in measured and indicated resources at its already world-class KSM project in British Columbia's Golden Triangle. This 52% increase in gold resources is the result of an agreement to acquire the Snowfield property on the east border of the KSM property from Pretium Resources Inc. In a deal announced on Dec. 4, Seabridge will pay Pretium US$100 million for Snowfield, plus a contingent payme... Full story
Skeena Resources Ltd. June 4 announced it is implementing a vigorous infection prevention and control strategy ahead of resuming exploration and development activities at its Eskay Creek and Snip gold projects in British Columbia's Golden Triangle. Skeena launched a 28,000-meter drill program at Eskay Creek earlier this year but idled the drill after completing 4,237 meters due to COVID-19 restrictions. Planning to resume this program later this month, the company is... Full story
