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 142
Pretium Resources Inc. April 2 reported that the COVID-19 outbreak has not disrupted production at its Brucejack gold mine in the Tahltan Territory of northwestern British Columbia and the company is operating the remote underground mine under the strict guidance and directives of federal, provincial and regional health authorities. In order to minimize the number of individuals on site at Brucejack, only personnel necessary to support gold production will continue to work at...
In order to protect the health of its people and communities of northern British Columbia during the COVID-19 pandemic, Tahltan Central Government has been working closely with the other Tahltan Nation governments – Iskut Band and Tahltan Band – as well mining companies with operations in their territory. Tahltan Nation said it has been meeting extensively with Newcrest Mining Ltd., majority owner and operator of the Red Chris copper-gold mine in Tahltan Territory, to pri...
Pretium Resources Inc. March 10 said its Brucejack mine is now expected to average around 357,000 ounces of gold annually over the first 10 years in a new plan for this high-grade gold operation in northwestern British Columbia. This new mine plan is based on 15.7 million metric tons of proven and probable reserves averaging 8.4 grams per metric ton (4.2 million oz) gold and 59.6 g/t (30.1 million oz) silver. The bulk of this ore – 12.8 million metric tons averaging 8.8 g/t (3...
Pretium Resources Inc. Jan. 12 announced that the Brucejack Mine in northwestern British Columbia produced 354,405 ounces of gold last year at an all-in sustaining cost (AISC) of US$888/oz of gold sold. As a result of these better than expected results, the mine generated US$184.2 million and Pretium was able to lower its debt by US$180.4 million over the course of 2019. "In 2019, we beat the upper end of our revised gold production guidance and the lower end of our AISC...
Ascot Resources Ltd. Sept. 24 said it has completed its roughly 44,000 meters of resources expansion and upgrade drilling at the Big Missouri, Silver Coin and Premier deposit areas and has begun grassroots exploration across its wider land package near the town of Stewart, British Columbia. This discovery-focused program, recently approved by the Ascot board of directors, will include 3,000 to 5,000 meter of drilling testing four targets, as well as additional ground geophysic...
Pretium Resources Inc. July 9 said initial observations from a third hole drilled as part of a 2019 deep underground exploration program continue to indicate that the style of high-grade gold mineralization currently being mined at its Brucejack underground operation in northwestern British Columbia extends below the Valley of the Kings. In June, the company reported that two long holes drilled from the underground workings at Brucejack confirmed the presence of...
In the famous words of Sherlock Holmes, the game is afoot! After seasonally slower news from Alaska's mining industry in March and April, the dam has broken with over two dozen Alaska mining project news releases issued in the last month. Including those projects moving forward that have not released their 2019 plans, Alaska has become a very busy place under the sun. All of our major metal mines reported strong performances in the first quarter, several of Alaska's most...
Pretium Resources Inc. May 2 reported that its Brucejack Mine in northwestern British Columbia produced 79,180 ounces of gold during the first three months of 2019. While mill throughput has increased at Brucejack, the ore grades are lower compared to recent quarters. During the first three months of 2019, the mill processed 295,122 metric tons of ore, or an average of 3,279 metric tons per day. The average grade of the ore fed into the mill was 8.7 grams per metric ton gold....
Pretium Resources Inc. April 4 said the Brucejack Mine in is now expected to average 525,000 ounces of gold annually over the next 10 years at all-in sustaining cost of US$535 per ounce, according to a new mine plan for the underground mine in northwestern British Columbia. The new 14-year plan for Brucejack is based on 16 million metric tons of reserves averaging 12.6 grams per metric ton (6.4 million ounces) gold and 59.3 g/t (30.5 million oz) silver. To push gold...
Pretium Resources Inc. Jan. 9 reported that it produced 376,012 ounces of gold at it Brucejack Mine during 2018, the first full calendar year of full production at this high-grade gold operation in northwestern British Columbia. At roughly 1,030 oz of gold per day, the annual production was about 95 percent of Pretium's 387,000-oz guidance for the full year. Commercial production commenced at the Brucejack Mine in July 2017, with ramp-up continuing into the first half of 2018...
Pretium Resources Inc. Dec. 14 said it has received the provincial permits needed to increase the amount of ore fed into the mill at its Brucejack gold mine in northern British Columbia by roughly 40 percent. The amended permits issued by two B.C. regulatory agencies – Ministry of Energy, Mines and Petroleum Resources; and Ministry of Environment and Climate Change Strategy – allows Pretium to increase the Brucejack Mine production rate to 1.387 million metric tons per yea...
Decade Resources Ltd. Nov. 6 announced it has staked 19 claims covering the Crest high-grade gold prospect near the town of Hyder in Southeast Alaska. Situated just across the border from British Columbia's Golden Triangle region, these claims are adjacent to Ascot Resources' Premier gold-silver mine property on the Canadian side of the border. Decade's newly staked claims cover the historic Crest property that is described in a 1929 United States Geological Survey bulletin,...
Pretium Resources Inc. July 9 reported that it produced 92,461 ounces of gold during the third quarter, about 17 percent less than the 111,340 oz produced during the previous three-month period. The Brucejack mill processed 240,122 averaging 12.4 grams per metric ton gold during the third quarter. While the amount of ore processed was up slightly from the 236,990 metric tons during the second quarter, the grade was substantially lower than the 14.9 g/t gold during the April...
Pretium Resources Inc. July 9 reported that its Brucejack Mine produced 111,340 ounces of gold during the second quarter, a quarterly record that puts the northwest British Columbia on pace to produce around 400,000 oz of gold this year. "With more than 187,000 oz produced in the first half of 2018, we have delivered on our first half 2018 guidance of 150,000 to 200,000 oz of gold," said Pretium President and CEO Joseph Ovsenek. Pretium achieved commercial production at...
Pretium Resources Inc. June 18 reported that two long holes drilled from the underground workings at it Brucejack Mine confirm the presence of Brucejack-style mineralization starting from the eastern edge of the Valley of the Kings, the high-grade gold deposit currently being mined, to beneath Flow Dome, a gold zone about 1,000 meters east. Surface drilling encountered bonanza grade gold at Flow Dome in 2015. Highlights from that program include 2.05 meters of 2,100 grams...
Pretium Resources Inc. April 11 reported that its Brucejack Mine in northwestern British Columbia produced 75,689 ounces of gold during the first quarter of 2018, a nearly 7 percent increase over the 70,281 oz produced during the previous quarter. Roughly 43 percent of the quarterly Brucejack gold was produced during March "Gold production improved steadily through the first quarter, with 32,910 ounces produced in March. This result is attributed to the successful...
Tudor Gold Corp. said it has identified a new high-priority exploration target at Treaty Creek that appears to be related to the Iron Cap Deep discovery on Seabridge Gold Inc.'s KSM property in the Golden Triangle region of northwestern British Columbia. A 13,722-meter drill program carried out at Treaty Creek last year defined a 1,000-meter long zone of gold-enriched porphyry mineralization at its Copper Belle target. The best hole of the program cut 149.1 meters grading...
Pretium Resources Inc. Feb. 26 said it is ramping up underground development and exploration at Brucejack, a high-grade gold mine in British Columbia's Golden Triangle. The company reached commercial production at Brucejack in mid-2017 and the operation produced 152,484 ounces of gold during the first six months of operation. This roughly 305,000-oz-per-year pace is despite the fact that lower grade was fed into the mill early on. While the mill has outperformed its...
High-grade underground gold mines have a lot of moving parts and ramping a new one up to commercial production is a period often interrupted by downtime as the operator finds things not working quite as well as planned. This has not been the case at Pretium Resources Inc.'s bonanza grade Brucejack gold mine in northwestern British Columbia. Achieving commercial production on July 1, the Brucejack Mine produced of 152,484 ounces of gold during the first six months of...
With fresh funds in the bank and partners exploring the gold, copper and silver projects it has generated in Alaska, British Columbia and Mexico, Millrock Resources Inc. is positioned well for 2018. As a project generator, Millrock is leveraging its team's geological expertise by identifying and acquiring promising mineral projects, completing preliminary exploration aimed at bolstering the their potential and then vending them to partners to fund the more advanced stages of...
Whether it be precious metals such as gold and silver, base metals like copper and zinc, or battery metals like nickel and cobalt, northern British Columbia is rich in the type of metal deposits that junior mining companies are hoping to discover and majors are wanting to mine. Couple this mineral endowment with good infrastructure – especially stacked up against the other jurisdictions in the North of 60 Mining News coverage area – and northern B.C. continues to draw str...
Pretium Resources Inc. carried out three levels of exploration at its Brucejack gold property in northwestern British Columbia – 70,000 meters drilling to expand and upgrade reserves within the Valley of Kings deposits being mined; a deep underground hole to test for extensions of Valley of the Kings; and grassroots exploration further abroad. In June, the company reported that two long holes drilled from the underground workings at Brucejack confirmed the presence of B...
In 1918, the Premier gold mine opened a few miles north of Stewart, a mining town that is the southern gateway to British Columbia's famed Golden Triangle. Over the ensuing 34 years, this underground operation churned out some 2 million ounces of gold and 45 million oz of silver, making it the largest gold producer in North America during that era. A century later, Premier continues to be in play and modern exploration is unveiling the vast mineral potential that northern...
A roughly 25,000-meter drill program carried out by Dolly Varden Silver Corp. in 2018 focused on expanding and defining the deposits of high-grade silver at its Dolly Varden project in northern British Columbia. The deposits identified on this property exhibit both Eskay-like volcanogenic massive sulfide and Brucejack-like epithermal mineralization styles. In 2015, Dolly Varden published a maiden indicated resource of 3.07 million metric tons averaging 321.6 grams per metric...
Reaching commercial production at Brucejack in mid-2017, Pretium Resources Inc. focused this year's work on accelerated underground development and exploration at this bonanza grade underground gold mine. Pretium achieved commercial production at Brucejack in mid-2017, and the operation produced 228,173 ounces of gold during the first nine months of operation. While the mill outperformed its 2,700-metric-ton-per-day capacity, the gold grades being fed into it were lower than...
