The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 51 - 62 of 62
The annual running of the bulls in Pamplona can't hold a candle to the statewide frenzy that is going on right now across the length and breadth of Alaska. Measure it any way you like - meters drilled, helicopter hours used, geologists or engineers on the payroll, gallons of fuel burned or gallons of peanut butter consumed - it all comes out the same. The Alaska mineral industry is running at or over capacity and there is no sign that that will change any time soon. The last month saw the start of multiple drilling programs...
The last month has seen the 2006 summer season's first offering of new discoveries, new drilling results and new companies in Alaska. While a number of programs were delayed due to an unseasonably cold spring (bring on the global warming!), most programs have moved to Plan B, C or D and are now fully engaged under the midnight sun. Western Alaska Triex Minerals and Full Metal Minerals reported their planned diamond drilling program has begun on the Boulder Creek uranium project on the Seward Peninsula. The $1.1 million progra...
The sound of boots, hammers, drills and helicopters is starting to drown out the sounds of "we are planning," "we hope to" and "later this year" that we've been hearing for the last few months. Despite a late spring through most of Alaska, a number of projects kicked off recently and more are gathering steam as the short, hectic Alaska summer season approaches. Companies counting on an early spring due to Global Warming have been disappointed and Plan B options are being formulated however, the end result will be the same:...
Preparations for exploration and development activities ramped up again in the last month as budgets were approved and committed on projects extending from Southeast Alaska to the Seward Peninsula to Interior Alaska. Commodity and equity markets for the metals mining industry have remained strong in anticipation of continued high demand and restricted supplies. To put things into a global perspective, the Worldwatch Institute (www.worldwatch.org) recently published information about the growing demand for goods and services i...
In the last month the Alaska mining industry has seen start-up of its first major gold mine in five years (Pogo) and approval of permits for the Nixon Fork copper-gold mine. We also saw announcement of substantial increases in copper, gold and molybdenum resources at two advanced exploration/development projects (Donlin Creek and Pebble). New development plans were offered for heap leaching at the Fort Knox gold mine and initial funding was approved for evaluation of a coal to liquids facility at the Beluga coal deposits....
Over the course of the last several months, a series of new gold and base metal discoveries have been made. Several of these new discoveries were reported in the last month and highlights of these and other activities were presented at the annual Alaska Miners Association convention in Anchorage in early November. The convention was one of the most exciting and up-beat events in nearly a decade. The new discoveries are a trend that, while long in coming, are an inevitable...
As expected, news has begun to trickle in from projects being worked on across the state. Some of the news is good, some not so good and some makes one scratch the head and wonder what it all means. Two new corporations entered the Alaska exploration industry in August, a trend started late last year as metal prices began their climb to current levels. August also saw the start of several new programs on a wide range of projects spread from the Seward Peninsula to southern Southeastern Alaska. The tally of the good, the bad...
On the cusp of what promises to be one of the busiest mineral exploration and development seasons in the last 20 years, the mineral industry is madly preparing its personnel and equipment all across the state. Despite the late season snows and unusually cool temperatures being experienced as this summary is being written, many of Alaska's exploration programs are either under way or will be sometime in early May. Competition for funds within and between companies remains fierce as projects in the U.S., Canada, Europe,...
The month of November started off with a bang with favorable results for the mining industry from both the state and federal elections standpoint. As it closes the price of gold is flirting with $450 per ounce, the highest price for this metal since mid-1988. The Alaska Miners Association convention was very well attended in early November and results were revealed there from many of Alaska's exploration, development and production properties. A quick tally of spending across...
As anyone can tell you who has tried recently to locate geologists, drill rigs and helicopters, Alaska is not the place to search for any of these commodities. Mineral exploration and development in Alaska is clipping along at a pace not seen in more than five years and in the process, these activities have sucked up just about all of the people, rigs and aircraft in the state. Exploration and development projects are spread from Nome to Ketchikan, the Brooks Range to...
Another year has come and gone and Alaska's mining industry continues to generate jobs for its citizens and raw materials for the world. Although base metal prices remain mired at low levels, gold and platinum have risen steadily over the last month with gold in particular taking on new luster as it broke the $350 per ounce mark for the first time in five years. Platinum has rebounded from earlier lows and is now flirting with $600 per ounce levels while its geological...
Results from the 2001 field season have begun to show up from around the state. At the same time, the number of rumors circulating via the Tundra Telegraph about results that have not been formally announced, has picked up. Fieldwork continues on a number of projects around the state but that early morning chill in the air is a harbinger of change in the near future. When the dust settles later this year, it will be clear that several new discoveries have been made in Alaska in 2001 and that several promising properties did...
