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

Since investing roughly US$70 million to acquire a 28 percent stake in Novagold Resources Inc. in 2009, American billionaire Thomas Kaplan and his Electrum Group of companies have taken a kee... — Updated 1/25/2019 Full story

Thanks largely to increased investments from Aussie mining explorers, mineral exploration spending across Alaska topped US$100 million in 2018. This is well above the roughly US$95 million... — Updated 1/25/2019 Full story

International Tower Hill Mines Ltd. continued optimization and environmental baseline studies at Livengood, an 11.5-million-ounce gold project located along a paved highway about 70 miles... — Updated 11/1/2018 Full story

Freegold Ventures Ltd. Aug. 24 announced the start of a modest drill program at its Shorty Creek Project property in Interior Alaska, where previous drilling has cut long sections of... — Updated 8/31/2018 Full story

One of the most common complaints I hear from companies and individuals working in the mineral industry in Alaska is our deplorable lack of modern, usable-scale digital geophysical and... — Updated 6/8/2018 Full story

Constantine Metal Resources Ltd. May 1 said it intends to raise C$10 million through a non-brokered private placement that will include a major strategic investment from Electrum Strategic... — Updated 5/11/2018 Full story

In 2017 Alaska’s mineral exploration industry saw its first up-tick in exploration spending since 2011, an increase that S&P Global Market Intelligence’s “World Exploration Trends” in... — Updated 3/23/2018 Full story

International Tower Hill Mines Ltd. March 14 announced that it has raised US$12 million to continue the optimization and environmental baseline studies for its Livengood gold project in Inter... — Updated 3/23/2018

Alaska's minerals exploration sector is on an upswing, thanks to Australian mining explorers looking north and mining majors upping their activities in the state. South32 Ltd., a Perth,... — Updated 1/24/2018 Full story

Three world-class deposits in Alaska – Pebble, Donlin Gold and Livengood – are far enough advanced to be considered beyond the exploration stage but not quite ready to break ground on dev... — Updated 1/24/2018 Full story

With the opening late last month of a public comment period for the environmental impact statement on the proposed Ambler Mining District Industrial Access Project, I am cautiously... — Updated 1/18/2018

As the Alaska mining industry prepares for and kicks off exploration, development and production activities for 2017, the question on everyone’s lips at the recent Cordilleran Roundup... — Updated 1/13/2018

International Tower Hill Mines Ltd. Feb. 1 said it has paid the U$14.7 million payment due on certain claims associated with its Livengood gold project in Interior Alaska. Following the... — Updated 2/5/2017 Full story

The year just past was many things for the mining industry, but one of the bright spots came from the Mine Safety and Health Administration, an agency not known for awarding happy faces or... — Updated 1/16/2018

Reuters recently reported that the 10 largest gold-producing companies worldwide have steadily increased their near-mine exploration budgets over the past few years to 56 percent in 2015... — Updated 2/5/2018

International Tower Hill Mines Ltd. has taken another step along the road to engineering the ideal mine for its Livengood gold project located some 70 road miles northeast of Fairbanks,... — Updated 2/6/2018

As gold exploration cools globally, the search for the precious metal is once again heating up in the larger Pogo Mine region of Interior Alaska. One of the reasons this region continues to... — 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 hal... — Updated 1/28/2018 Full story

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... — Updated 2/4/2018

Mining is a notoriously cyclical business that generally ebbs and flows with the overall state of the global economy, and these cycles are amplified for junior mining companies charged with... — Updated 8/9/2015

Millrock Resources Inc. July 29 reported that it has struck a deal with Corvus Gold Inc. to purchase Raven Gold Alaska LLC's assets located in or pertaining to the Goodpaster Mining District... — Updated 8/2/2015