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 44
Shifting its immediate focus to potentially more lucrative opportunities in the lithium mining sector, Rover Metals Corp. reported plans Dec. 11 to put its Cabin Lake gold project in Northwest Territories up for sale after nearly five years of exploration. The 400-hectare (988 acres) Cabin Lake project is located about 110 kilometers (69 miles) northwest of Yellowknife, the territory's capital, and 40 kilometers (25 miles) northwest of the community of Behchokǫ̀. Rover M...
Amarc Resources Ltd. Oct. 26 announced the completion of a 2023 geophysical and sampling program at Joy in preparation for an extensive Freeport-McMoRan-funded 2024 drill program on this large copper-gold project in the Toodoggone mining district of Northern British Columbia. Lying between Thesis Gold Inc.'s Lawyers gold-silver project to the northwest and Centerra Gold's Kemess copper-gold project to the southeast, the 482-square-kilometer (186 square miles) Joy property cove...
Glencore says it is willing to cut a deal directly with shareholders if a planned split of Teck's metal, coal assets is stopped. With Teck Resources Ltd.'s board of directors and management refusing to consider its roughly US$22.5 billion (C$30.3 billion) merger proposal, Glencore is taking its increasingly aggressive takeover bid directly to the diversified Canadian mining company's shareholders. "Glencore is willing to make an offer directly to Teck shareholders if the...
Future of Mining Americas conference takes place at the Sheraton Denver Downtown Hotel from Oct. 21-22 with a strategic focused commercial and operational agenda connecting the industry across the Americas. Key speakers on the agenda include: Freeport McMoRan Vice President and Chief Innovation Officer Bert Odinet; Anaconda Mining COO Gordana Slepcev; Sibanye-Stillwater Environmental Manager Randy Weimer; Integra Resources Communication Director Joshua Serfass; Lesley Warren,...
Start with the biggest deposit of gold ever reported, add in a dash of remote, inaccessible jungles of Indonesia, and let simmer for almost a decade, and you have a recipe for the largest mining-related scandal in modern history, resulting in the system of standardization regarding mineral reporting for the last twenty years and ideally for many more years to come. It is easy to forget that the systems by which mining companies in Canada report and display information...
Chilean copper miner Antofagasta PLC has entered into an option agreement with Kenorland Minerals Ltd. to earn a 70% interest in Tanacross by investing US$30 million in exploration over eight years and publishing an NI 43-101-compliant preliminary economic assessment on the porphyry copper-gold project in eastern Alaska. "We're very excited to be working with Antofagasta on the Tanacross Project," said Kenorland Minerals CEO Zach Flood. "The property, which covers numerous...
When most people think about the metals driving the alternative energy revolution, lithium, vanadium, cobalt and rare earths spring to mind. As recently reported by EE Times Europe, "Copper is an important raw material for the electronics industry, being the most widely used conductor for PCB, wiring, and connector manufacturing. The average person, however, might not realize this, thinking that copper is some kind of old metal on which there is no progress to be made." There...
Kenorland Minerals Ltd., which has been exploring the Tanacross porphyry copper-gold project in eastern Alaska as a private company for several years, is now a publicly listed company with a strong treasury and extensive portfolio of mineral exploration projects in Alaska, Quebec, and Ontario. As a private project-generating explorer, Kenorland entered into an agreement with Freeport-McMoRan to further investigate the potential at Tanacross, a more than 100,000-acre property...
Rhenium is exceptionally resistant to heat and wear, characteristics that make it a vital ingredient in superalloys used in jet and industrial gas turbine engines. "The high-temperature properties of rhenium allow turbine engines to be designed with finer tolerances and operate at temperatures higher than those of engines constructed with other materials," the United States Geological Survey penned in a fact sheet on the critical metal. "These properties allow prolonged engine...
Kenorland Minerals Ltd., which has been exploring the Tanacross porphyry copper-gold project in eastern Alaska as a private company for several years, is now a publicly listed company with a strong treasury and extensive portfolio of mineral exploration projects in Quebec and Alaska. "We are extremely excited to begin this next chapter of Kenorland Minerals," said Kenorland Minerals President and CEO Zach Flood. "The company has grown significantly since our inception in 2016...
Considering the global shift to low-carbon energy and electric mobility, copper is the most vital metal not on the United States Geological Survey's list of 35 minerals and metals considered critical to America's economic wellbeing and security. Copper's importance is due to the rapidly emerging electric vehicle, wind turbines and photovoltaic (PV) solar technologies need a lot more copper than the combustion cars and power plants they are replacing. It is estimated that the...
South32 Ltd. and Trilogy Metals Inc. Feb. 11 announced the finalization of a joint venture to advance exploration and development of the Upper Kobuk Mineral Projects in the Ambler Mining District of Northwest Alaska. Australia-based South32 has contributed US$145 million to fund this new JV named Ambler Metals LLC and Canada-based Trilogy provided the 426,690-acre Upper Kobuk Mineral Projects (UKMP) to the new JV owned equally by the two companies. The funds contributed by...
Sojourn Exploration Inc. Nov. 2 provided preliminary results of reconnaissance mapping, sampling and geophysical surveys on four of its porphyry copper-gold projects in British Columbia, including the Todd Creek and Oweegee Dome projects in the province's prolific Golden Triangle. Sojourn acquired Todd Creek, Oweegee Dome and Willoughby, a third Golden Triangle exploration property, from Millrock Resources Inc. "Sojourn's Todd Creek and Oweegee Dome projects are within...
Alaska Division of Geological & Geophysical Surveys Oct. 30 published major-oxide and trace-element geochemical data from rocks collected from the Northeast Tanacross project in 2018. From June 19 through July 15, 2018, geologists from the Alaska Division of Geological & Geophysical Surveys (DGGS) carried out a geologic mapping and geochemical sampling project in the Northeast Tanacross map area – Tanacross D-1 and parts of C-1 and D-2 quadrangles – adjacent to the For...
While claim staking and mineral exploration has rocketed in Yukon's famed White Gold and Klondike districts, this prolific action nearly comes to a halt at the territory's western border with Alaska. This has given rise to a tongue-in-cheek theory that there must be a major fault separating the mineral rich lands in western Yukon from the barren lands west of the border. This "Border Fault" apparently does exist. It is not, however, a major geological structure separating...
With a melting point of 5,756 degrees Fahrenheit and a heat-stable crystalline structure, rhenium is extremely resistant to both heat and wear. This durability makes it a vital element in superalloys used in jet and industrial gas turbine engines. "The high-temperature properties of rhenium allow turbine engines to be designed with finer tolerances and operate at temperatures higher than those of engines constructed with other materials," the United States Geological Survey...
With the completion of a C$2.8 million financing, along with the closing of property acquisition agreements with Millrock Resources Inc. and Seven Devils Exploration Ltd., Sojourn Exploration Inc. has all the pieces in place to be a significant new prospect generator in British Columbia's Golden Triangle. The three-way deal brings together three highly prospective copper-gold properties generated by Millrock, another four properties and the exploration talent of privately...
Millrock Resources Inc. Feb. 2 announced that it has cut deals to move its trio of Golden Triangle exploration projects into what is expected to be a well-financed exploration company managed by an outstanding technical team that will specialize as a British Columbia project generator company. Under the contemplated transaction, Millrock will vend its Todd Creek project to Sojourn Exploration Inc. The terms of the existing option agreements with Sojourn concerning two other...
When it comes to mineral exploration incentives, currency exchange and infrastructure, Alaska is at a disadvantage in the realm of attracting exploration investments from Canada and Australia, countries that are home to the majority of mining companies. The Far North State's vast and underexplored mineral potential, however, trumps these handicaps in the minds of a growing number of miners and mineral explorers. Mining executives from around the globe perennially rank Alaska...
While copper is not on the United States Geological Survey's list of 35 minerals and metals critical to America, there is no doubt of this metal's importance to both the everyday and avant-garde technologies vital to America's economy and security. "None of the other critical minerals work without copper," Trilogy Metals President and CEO Rick Van Nieuwenhuyse told Mining News. Automobiles are a prime example of how emerging technologies and green energy will drive the demand...
With a melting point of 5,756 degrees Fahrenheit and a heat-stable crystalline structure, rhenium is extremely resistant to both heat and wear. This durability makes it a vital element in superalloys used in jet and industrial gas turbine engines. "The high-temperature properties of rhenium allow turbine engines to be designed with finer tolerances and operate at temperatures higher than those of engines constructed with other materials," the United States Geological Survey...
Kaizen Discovery Jan. 8 reported that Freeport-McMoRan of Canada Ltd. has terminated an earn-in option on the Tanzilla copper-gold porphyry project in the Golden Triangle area of northwestern British Columbia. The 4,625-hectare Tanzilla property covers a seven-kilometer- (4.4 miles) long alteration zone. Silica Ridge is the primary target along this alteration zone. Induced polarization surveys confirmed the presence of a strong chargeability high to depths of at least 500...
KZD: TSX.V Chairman: Peter Meredith President and CEO: B. Matthew Hornor Executive VP, Exploration: David Broughton Kaizen Discovery Inc. is leveraging strong business ties with Japan to explore its early-stage copper projects in Nunavut, British Columbia, Australia and Africa. Shortly after the formation of Kaizen at the end of 2013, Tokyo-based Itochu Corp. provided the exploration company with C$5.1 million to acquire distressed assets around the world. Kaizen acquired its first B.C. properties through an all-shares...
Jaxon Minerals Ltd. Aug. 31 reported signing a letter of intent to enter into an option to earn up to 75 percent interest in DeCoors Mining Corp.'s Hot Bath copper-gold project, located in northwestern British Columbia about 15 kilometers (nine miles) south of the Tanzilla porphyry property being explored by Kaizen Discovery Inc. and Freeport-McMoRan of Canada Ltd. Under the terms of the letter of intent, Jaxon can earn the 75 percent interest in Hot Bath by issuing 6.75...
The United States is richly endowed with a broad range of metals and minerals critical to national security, green energy and modern technology but is often overly-reliant on foreign sources for these same commodities. This was the resounding message from miners, manufacturers, regulators and analysts who testified on U.S. Senate Bill 883, "The American Mineral Security Act of 2015." Introduced by Sen. Lisa Murkowski, R-Alaska, S.883 aims to reduce the United States' heavy...
