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

It is high summer in Alaska and the mining industry is busy breaking rocks, drilling holes, collecting baseline data, making upgrades to mine facilities and producing metal and coal across the... — Updated 2/4/2018

The owners of Alaska’s five large metal mines – Sumitomo Metal Mining Pogo, Hecla Mining Company, Kinross Gold Corp, Teck Resources Ltd. and Coeur Mining Inc. – accounted for nearly half the US$92 m... — Updated 1/28/2018

Although news from the mining industry is generally limited this time of year, several items of import over the past month bear discussion. Alaska suffered a tragedy with the recent passing of... — Updated 1/28/2018

Freegold Ventures Ltd. is testing the idea that a large and previously unrecognized porphyry deposit could lie beneath its Shorty Creek property in the Livengood Mining District of Interior Alaska.... — Updated 1/28/2018

Mineral exploration spending in Alaska will likely struggle to top US$80 million for 2014, a dramatic fall from the US$365.1 million pinnacle reached in 2011. "The din of mineral industry activity t... — Updated 1/26/2018

Over the past month, the world has been awash in year-end 2013 mining news, ranging from exploration and production statistics to economic impact numbers and mining favorability polls. The Alaska hi... — Updated 1/26/2018

With metal prices stabilizing, physical stockpiles dwindling and demand again on the rise, things are beginning to look up for the beleagered mining industry. Gold's performance over the past... — Updated 1/26/2018

As a follow-up to last month's realization that once again "the game is afoot" in the mining industry, major gold producer Goldcorp recently presented some arresting statistics at the Bank of... — Updated 1/26/2018

Freegold Ventures Ltd. Sept. 8 provided results from the first hole of a 2016 drill program at the company's Shorty Creek copper-gold project in Interior Alaska. Drilling commenced on Hill 1835,... — Updated 9/18/2016

Freegold Ventures Ltd. May 20 reported closing a C$7.28 million financing in which it issued 40,461,766 units at C18 cents each. Each unit consists of one Freegold common share and half of a... — Updated 5/29/2016

Freegold Ventures Ltd. May 2 said it has filed a preliminary short form prospectus in connection with plans to raise at least C$3 million. The offering will be conducted on a best-effort basis... — Updated 5/8/2016

Earlier this month, the Alaska Miners Association held its annual convention in Anchorage amid plummeting metals prices and an over-all atmosphere of economic uncertainty now stretching into its... — Updated 11/29/2015

Several events have dramatically affected Alaska's mining industry in recent weeks, underscoring critical links between Alaska and the global economy. First came bad news for newly-elected Gov.... — Updated 1/25/2015

As the year winds down, financial information has begun to trickle in quantifying just how tough 2014 was on the mining industry. Industry analyst SNL Metals & Mining announced that the total estima... — Updated 11/23/2014

In an industry eager for even a scintilla of good news, a recent report from industry analyst SNL Metals & Mining recently gave the good-news-starved industry a bit of hope. SNL's article, titled,... — Updated 10/26/2014

At the same time as the EPA is pushing forward on its planned precedent-setting, pre-emptive, pre-permit veto of the Pebble project and the tailings dam failure at the Mount Polley mine in British... — Updated 8/31/2014

As is normally the case in high summer in Alaska, news has started to trickle out of the hills on projects where new work is being conducted, and several properties have changed hands or are in the... — Updated 7/27/2014

GFMS formerly known as Gold Fields Mineral Services) recently announced their outlook for gold prices in the coming months, estimating average 2014 gold prices in the US$1,225 per ounce range. The... — Updated 4/27/2014

If you believe what you see in the press, Alaska's mineral industry was recently given a Christmas gift that trumps even the high-grade anthracite coal that most Alaskans were dreaming of during... — Updated 1/26/2014

The ongoing scarcity of venture capital available to junior companies coupled with a retreat in metals prices has landed a one-two blow that sent mineral exploration spending in Alaska plunging for... — Updated 11/3/2013