North of 60 Mining News - The mining newspaper for Alaska and Canada's North

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... — Updated 5/29/2020

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... — Updated 5/28/2020

Fortune Minerals Ltd. May 7 announced that it continues to make progress on a new mine plan for its Nico cobalt-gold-bismuth-copper project in Northwest Territories during the... — Updated 5/15/2020

Home of the famed golden beaches of Nome that have captured the imagination of millions over the past 120 years, the Bering Straits Native Corporation (BSNC) region covers the Seward... — Updated 12/30/2019

Fortune Minerals Ltd. Nov. 21 announced it has signed an agreement with the Tlicho First Nation for building a road that connects the NICO cobalt-gold-bismuth-copper project to the... — Updated 11/21/2019

Fortune Minerals Ltd. Oct. 3 reported that current cobalt markets do not support the idea of developing a larger mine at its Nico cobalt-gold-bismuth-copper project in Northwest... — Updated 10/11/2019

Fortune Minerals Ltd. July 18 reported the discovery of a new zone of copper mineralization at its NICO cobalt-gold-bismuth-copper project in Northwest Territories. This new zone, which... — Updated 9/26/2019

Fortune Minerals Ltd. April 23 reported it has entered into an option to purchase an undisclosed alternative site to construct the proposed refinery that would process metal concentrates... — Updated 4/26/2019

Fortune Minerals Ltd. March 26 reported that the Rural Municipality of Corman Park near the town of Langham, Saskatchewan has rejected the company's application for rezoning required to... — Updated 3/29/2019

When it comes to attracting mining investment, Alaska, British Columbia and all three Canadian territories rank among the top 20 jurisdictions in the world on the Fraser Institute Survey... — Updated 3/15/2019

Explorers seeking new mineral discoveries in the Northwest Territories are expected to spend less in 2018 than the C$90 million they shelled out collectively last year. Natural Resources... — Updated 3/1/2019

Fortune Minerals Ltd. Feb. 14 reported that the Government of the Northwest Territories has signed an agreement with North Star Infrastructure GP to construct the Tlicho All-Season Road.... — Updated 2/22/2019

Fortune Minerals Jan. 30 announced that it has entered into a socioeconomic agreement with the Northwest Territories government for the proposed Nico cobalt-gold-bismuth-copper project ab... — Updated 2/8/2019

New gold mines are expected to drive strong economic growth in Nunavut and Yukon over the next several years, according to the latest Territorial Outlook published by The Conference... — Updated 11/30/2018

Fortune Minerals Ltd. Sept. 17 reported successful results from metallurgical test work aimed at verifying an upgraded and essentially arsenic-free cobalt concentrate can be produced... — Updated 9/28/2018

Northwest Territories may fall behind Canada's two other territories in mining activity in the near-future, but projects underway in the northern jurisdiction hold substantial promise... — Updated 8/17/2018

Fortune Minerals Ltd. July 11 is pleased to provide an update on the progress of environmental work and rezoning efforts needed to support construction of the Nico cob... — Updated 7/20/2018

The Bornite deposit at Trilogy Metal Inc.'s Upper Kobuk Mineral Projects in Northwest Alaska contains 77 million pounds of cobalt, according to a maiden resource estimate published by... — Updated 6/15/2018

While most mining jurisdictions have seen sharp drops in mineral exploration spending, such investments in Northwest Territories has largely held steady at about C$100 million annually... — Updated 2/3/2018

As the summer’s midnight sun gives way to aurora-filled winter night skies, seasons are once again changing in Canada’s Northwest Territories. And, much like the seasons, our... — Updated 2/3/2018

Fortune Minerals Ltd. April 18 announced the appointment of former Northwest Territories minister David Ramsay to its board of directors. Ramsay has more than 20 years of elected public... — Updated 4/24/2016

Fortune Minerals Ltd. Jan. 8 reported that battery-grade cobalt sulfate heptahydrate has been produced from a cobalt sulfate product previously mined in a pilot plant from concentrates... — Updated 1/17/2016

Mineral exploration spending in Northwest Territories dipped sharply in 2015. While the final numbers are not in, Natural Resources Canada predicts exploration and deposit appraisal... — Updated 11/1/2015

Fortune Minerals Ltd. July 17 said it has reached a two-stage restructuring agreement with LRC-FRSM LLC (Lascaux) and its other secured creditors to settle its secured debt obligations.... — Updated 7/26/2015