The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 25 of 81
Combined inferred resource between underground and in-pit total 18.2 Moz silver-equivalent. Metallic Minerals Corp. Feb. 26 announced an inaugural mineral resource estimate for its Keno Silver project in the iconic Keno Silver District in Canada's Yukon, culminating in 18.16 million ounces of contained silver-equivalent. Consisting of 171 square kilometers (66 square miles) within the historic Keno Hill Silver District, Metallic Minerals holds 100% of this promising target...
Lying just deep enough into the mining frontier that value of its world-class deposits copper, gold, silver, nickel, and other metals has not been fully realized, yet home to the industrial-grade hydropower, road access, and Pacific Rim ports needed to unlock its vast mineral potential, Northern BC is well-positioned to be a major source of precious, base, and critical metals in the 21st century. This particularly mineral-rich section of the Canadian Cordillera also happens... Full story
Teck Resources Ltd. went into 2023 with a strategy to better position for the energy transition by spinning its steelmaking coal unit into the newly formed Elk Valley Resources, and advancing its copper- and zinc-forward metals assets under a rebranded Teck Metals Ltd. This proposed reorganization, however, was stymied by an aggressive takeover bid by Glencore that wanted to incorporate Teck's coal and metals assets into its own reorganization plans. While Teck fended off...
Tahltan Nation's business arm has partnered with Solvest to install solar systems at mining project in Tahltan Territory. With the goal of advancing clean energy in Northern British Columbia and adding to its business endeavors, Tahltan Nation Development Corp. has partnered with Solvest to identify and develop renewable solar power solutions that reduce diesel consumption and carbon emissions within the traditional territory of the Tahltan First Nation. "We are excited to... Full story
The North of 60 Mining area hosts billions of pounds of copper ready to be delivered to a world craving this metal in sky-high demand for wiring the electric vehicles and renewable energy infrastructure that would enable the envisioned low-carbon future. Whether enough of these copper-rich projects are developed in time to circumvent a short circuit of the clean energy transition remains to be seen. Global Market analysts such as S&P Global have predicted that copper... Full story
Copper Fox Metals Inc. March 2 outlined a C$17.2 million (US$12.5 million) program for its Schaft Creek copper-gold-molybdenum-silver project in Northern British Columbia that will include 9,000 meters of geotechnical and metallurgical drilling, along with environmental baseline studies and engagement with the Tahltan First Nation. "The emphasis in 2023 will be to advance the Schaft Creek project by augmenting the metallurgical, geotechnical, and environmental data while align...
British Columbia's Golden Triangle is poised for a mining boom that raises the bar when it comes to achieving the higher environmental, social, and guidance expectations for companies that produce the gold, silver, copper, and other metals the world needs and wants. While this mineral district in BC's northwest corner is famed for its rich stores of copper, gold, and silver – and to a lesser degree, nickel, cobalt, platinum group metals, and other critical minerals – the ESG...
The global transition to renewable energy is demanding enormous quantities of copper and zinc, two metals that are a specialty of Teck Resources Ltd. To help leverage its global portfolio to help fill the growing demand for copper, Teck launched Project Satellite in 2017. This initiative focused primarily on five copper assets in the Americas, including the Galore Creek and Schaft Creek projects in Northern British Columbia. According to a 2018 calculation, Galore Creek hosts...
Though effects of the COVID-19 pandemic lingered, mineral explorers rushed to the Yukon like moths to a flame during 2022. Mining's most daring sector rallied to generate the busiest field season seen in Canada's westernmost territory in years. In June, Natural Resources Canada projected mineral exploration and deposit appraisal spending in Yukon during 2022 to total C$157.9 million, up 14.5% from C$135.1 million estimated for 2021 and nearly double C$83.6 million in 2020.... Full story
Copper Fox Metals Inc. Jan. 18 reported that initial assays from the 2022 drill program at Schaft Creek extend near-surface higher-grade zones with the large porphyry copper-gold deposit at this mine project in Northern British Columbia. Being advanced under a joint venture between Teck Resources Ltd. (75%) and Copper Fox (25%), Schaft Creek hosts 1.35 billion metric tons of measured and indicated resources averaging 0.26% (7.76 billion pounds) copper, 0.17 grams per metric to...
Mining activity in Northwest Territories held steady in 2022 despite constraints imposed by the ongoing COVID-19 pandemic as a cadre of mainly junior mining companies took up the international challenge to seek out large deposits of critical minerals. Early in the year, government officials noted that industry interest in diamonds, gold, and especially critical minerals boded well for the NWT economy in the coming year. "An exciting new chapter is emerging for mining in the... Full story
Copper Fox Metals Inc. April 19 reported plans to carry out 5,000 meters of drilling this summer at the Schaft Creek copper-gold-molybdenum-silver project in British Columbia's Golden Triangle. Being advanced under a joint venture between Teck Resources Ltd. (75%) and Copper Fox (25%), Schaft Creek hosts 1.35 billion metric tons of measured and indicated resources averaging 0.26% (7.76 billion pounds) copper, 0.17 grams per metric ton (7 million ounces) gold, 1.25 g/t (54.3...
Copper Fox Metals Inc. March 7 reported that the 2021 metallurgical drilling carried out at Schaft Creek cut both bulk tonnage and higher-grade mineralization at this large porphyry copper-gold-molybdenum project in British Columbia's Golden Triangle. "The drilling intersected several near surface higher-grade intervals of mineralization and has confirmed continuity and grade of the mineralization between existing drill holes and provides additional confidence in the geologica...
A preliminary economic assessment prepared for Copper Fox Metals Inc. outlines a slightly new vision for developing a mine at Schaft Creek, a large copper-gold-silver-molybdenum project being advanced under a joint venture between Teck Resources Ltd. (75%) and Copper Fox (25%). Located within the traditional territory of the Tahltan First Nation in northwestern British Columbia, Schaft Creek hosts 1.35 billion metric tons of measured and indicated resources averaging 0.26%... Full story
Mineral exploration activity in Northwest Territories showed signs of revival in 2021, coming on the heels of the slowest year in recent memory. Excited by renewed interest in gold deposits in and around the capital city of Yellowknife and other hot spots after the pandemic-related restrictions of 2020, juniors joined longtime explorers Nighthawk Gold Corp. and Gold Terra Resource Corp. (formerly TerraX Minerals) in hunting for the yellow metal across the 1.14... 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
While much of Teck Resources Ltd.'s investment and focus during 2021 was on the implementation of its long-term sustainability strategy, the British Columbia-based miner continued to carry out exploration behind the scenes. In Alaska, Teck operates the Red Dog zinc mine on lands owned by NANA Corp., the Alaska Native Claims Settlement Act (ANCSA) regional corporation for the Northwest Arctic region where the world-class operation is located. This operation, which produces... Full story
Triumph Gold Corp. June 29 announced the start of a comprehensive exploration program focused on expanding and upgrading resources and developing zones of mineralization outside the deposit areas at its Freegold Mountain gold-copper project in the Yukon. "Through a focused review and rebuild of the Freegold Mountain project 3D model, the technical team has digested the entire data-room and designed a comprehensive, multi-tiered exploration program – a process that has a...
Alaska, Northern British Columbia, and the Yukon are home to a dozen advanced stage exploration and mine projects hosting billions of pounds of copper ready to deliver to a world demanding massive amounts of this conductive metal for the green energy and electric mobility transition envisioned over the next three decades. In its report, "Copper is the new oil," Goldman Sachs forecasts that the electrification of transportation and decarbonization of electrical generation...
Copper Fox Metals Inc. March 22 published an updated resource estimate for Schaft Creek, a large porphyry copper-gold-silver-molybdenum project advanced under a joint venture between Teck Resources Ltd. (75%) and Copper Fox (25%). According to the new calculation, Schaft Creek hosts 1.35 billion metric tons of measured and indicated resources averaging 0.26% (7.76 billion pounds) copper, 0.17 grams per metric ton (7 million ounces) gold, 1.25 g/t (54.3 million oz) silver, and...
Copper Fox Metals Inc. March 3 announced plans for a C$3.4 million 2021 program for Schaft Creek that is slated to include a 4,000-meter metallurgical and geotechnical drill program at this advanced copper-gold-molybdenum-silver project in British Columbia's Golden Triangle. "The proposed 2021 program is focused on confirming value add opportunities identified over the past two years at Schaft Creek," said Copper Fox Metals President and CEO Elmer Stewart. "The work plan...
For many mining companies eyeing prospects in Canada's far north, 2020 presented insurmountable challenges. But for the few explorers and producers focused on Northwest Territories, the year proved to be quite productive, even as a global coronavirus pandemic added expensive restrictions to already costly campaigns. Rigorous restrictions imposed by local and federal officials to quell potential outbreaks of the disease at mining camps and prevent its spread to local... Full story
Copper Fox Metals Inc. Nov. 24 reported that it is having a preliminary economic assessment completed for Schaft Creek, a copper-gold-molybdenum project in northwestern British Columbia being advanced under a joint venture between Teck Resources Ltd. (75%) and Copper Fox (25%). Prior to the 2013 formation of this JV, Copper Fox had a feasibility study prepared that detailed a 130,000-metric-ton-per-day open-pit mining operation at Schaft Creek estimated to produce 4.88...
While mining activity remained strong in the Northwest Territories in 2019, industry and government officials alike worried that the robust sector, driven largely by production at three diamond mines, has entered a prolonged downward slide. The near-term economic outlook for the territory, which covers 1.3 million square kilometers in Canada's central Arctic region, continues to be bleak as its diamond mines that have now passed peak production and replacement projects are in... Full story
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... Full story
