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 5045
From 25% tariffs on graphite imports from China to mining being eligible for $72B in clean energy loans, Alaska project gets good news from DC. Graphite One Inc. President and CEO Anthony Huston was among a select group of industry leaders in attendance when President Joe Biden rolled out his plan to levy heavy tariffs on a wide range of goods from China, including natural graphite. "I was honored to represent everyone at Graphite One in the meeting with President Biden,"... Full story
Mining companies say provincial order is final nail in the coffin for the NW BC jade industry. British Columbia has banned any new jade mines in the northwestern corner of the province and has given companies mining this semi-precious stone in the area a five-year window to wind down operations. Provincial concerns over jade mining in northwestern B.C. began after receiving a 2020 letter from the Tahltan Central Government demanding the government take immediate steps to shut...
Company sees Brandon Macdonald step down; position to be held by Peter Hemstead in interim. Fireweed Metals Corp. May 3 announced an abrupt change of management with the replacement of its former CEO and director, Brandon Macdonald, for Peter Hemstead, who has been appointed as the interim president and CEO. "On behalf of the board, I would like to thank Brandon for the role he has played in helping build Fireweed into one of Canada's leading base-metal exploration... Full story
Company now expects to pour first gold in Q2 2025; is recalculating total development costs for mine. With mining falling slightly behind schedule, B2Gold Corp. now expects to pour the first gold at the Goose mine on its Back River project in Nunavut sometime during the second quarter of 2025, slightly behind the first quarter start originally anticipated. The company, however, also reports that its winter ice road project to deliver equipment, fuel, and supplies was a...
Northwest Alaska Native corporation disengages from proposed road; will continue to defend right to build future road to the Ambler Mining District. The Ambler Road suffered another setback with NANA Regional Corporation's decision to withdraw its involvement with the proposed 211-mile industrial access to the mineral-rich Ambler Mining District within the NANA region of Northwest Alaska. NANA, which owns lands within the Ambler District enriched with copper, cobalt, and...
Begins its earliest and largest program to date; company has wealth of choices to uncover. Snowline Gold Corp. May 16 announced the mobilization of its crews and staff to the Rogue property, as it begins a planned 25,000-meter exploration and drilling program for 2024. "We are excited to be back in the field for our earliest start and our largest exploration campaign to date," said Snowline Gold Vice President of Exploration Thomas Branson. Lush with capital, teeming with...
Secures right to explore prospective gold expansion targets to the west of pending NW Array resource. Felix Gold Ltd. May 16 announced that it now has the ability to explore expansion targets adjacent to the Northwest Array (NW Array) gold target on its Treasure Creek project about 12 miles north of Fairbanks, Alaska. Felix began assembling a large land package covering gold prospects in the Fairbanks Mining District during 2020. A compilation of historical data and...
Begins 1,200-meter program, aiming for two holes that will further outline extent of Catch copper. Cascadia Minerals Ltd. May 16 announced that drills are turning at its Catch copper project in central Yukon, marking an earlier start to the season as the company is eager to follow up on last year's success. "We're pleased to have an early start to our exploration in 2024, with diamond drilling already underway at the Catch property," said Cascadia Minerals President and CEO...
Adds three new prospective targets, two of which hold CRD potential. Silver North Resources Ltd. May 14 announced the completion of an option agreement with three private prospectors, securing rights to the carbonate replacement deposit prospective GDR project in southern Yukon. Rebranding as Silver North Resources (formerly Alianza Minerals) to better reflect its goals in searching for the precious metal necessary to the clean energy transition, the company's exploration has...
Marks first time ever that U.S. and Canadian governments co-invest in development of North American critical mineral projects. The U.S. Department of Defense (DOD) and Natural Resources Canada (NRCan) are investing a combined $12 million into establishing a vertically integrated critical minerals supply chain in Canada that includes a mine at Fortune Minerals Ltd.'s NICO cobalt-gold-bismuth-copper project in Northwest Territories and associated hydrometallurgical refinery in... Full story
Mining executives rank Alaska, Yukon, B.C., NWT, and Nunavut high on mineral potential; mining policy issues, however, weigh on "Investment Attractiveness Index" in latest Fraser Survey. While global mining executives ranked Alaska, British Columbia, Northwest Territories, Nunavut, and Yukon in the top 20 when it comes to mineral potential, a not-so-favorable view on mining policy weighs on the investment attractiveness index of all these North of 60 Mining jurisdictions in... Full story
Company reports grab samples up to 3% lithium oxide within a 1- by 1.5-km area at Cali. Li-FT Power Ltd. May 7 announced an update on the surface exploration program completed last year on the company's Cali lithium project, roughly six kilometers (3.7 miles) from the Howard's Pass access road and 50 kilometers (31 miles) northwest of the historical Cantung tungsten mine in Northwest Territories. In 2022, Li-FT gained full ownership of the Cali project in western NWT, near...
Northern Star drills high-grade gold in East Deep deposit at SE end of underground development. Northern Star Resources Ltd. May 2 reported a slight drop in gold reserves and resources at its Pogo mine in Alaska. According to the new calculation, Pogo hosts 9.99 million metric tons of indicated resource averaging 9.8 grams per metric ton (3.14 million ounces) gold and 10.5 million metric tons of inferred resource averaging 10.5 g/t (3.43 million oz) gold. This overall mineral...
5-person camp will serve as headquarters for 2024 exploration at Teck, Korea Zinc's Cirque project. ZincX Resources Corp. April 30 announced that Teck Resources Ltd. is renting its Akie camp to support mineral exploration in Northern British Columbia. The Akie camp was established to support exploration along ZincX's expansive land package that includes 11 zinc exploration properties covering a 140-kilometer- (87 miles) long stretch of the Kechika Trough in northcentral B.C....
First-ever Ranch-Lawyers combined resource will serve as basis for a PEA that outlines preliminary mine plan for merged Northern B.C. properties. Thesis Gold Inc. May 1 reported that its Lawyers and Ranch properties in Northern British Columbia now host a combined 82 million metric tons of measured and indicated resources averaging 1.11 grams per metric ton (2.92 million ounces) gold and 31.9 g/t (84 million oz silver, or 4 million oz gold-equivalent). "Today's combined...
Surprises with four new RIRGS targets, three on its flagship Rogue project, and one on Cynthia. Snowline Gold Corp. May 2 announced the discovery of three new reduced intrusion related gold system (RIRGS) targets at the company's flagship Rogue project in Yukon, Canada, as well as an additional RIRGS target at the adjacent Cynthia project, for a total of four new prospects that could rival its leading Valley target. "While consistent drill results have dominated our...
Buyout will bring Johnson Tract into Contango Ore's pipeline of high-quality Alaska gold mine projects. In a deal that brings three high-quality Alaska gold projects into a single portfolio, Contango ORE Inc. has entered into a definitive agreement to acquire HighGold Mining Inc. in an all-shares deal valued at roughly $37 million (C$55 million). "The combination of HighGold and Contango makes a tremendous amount of strategic sense for both sets of shareholders – it is a t... Full story
Northwest Alaska mine produces 319.7 million lb of zinc during the first three months of the year. Teck Resources Ltd. April 25 reported that its Red Dog mine produced 145,000 metric tons (319.7 million pounds) of zinc and 25,400 metric tons (55.8 million lb) of lead during the first quarter, which puts the Northwest Alaska operation on pace to come in at the upper end of the company's annual production projections for both metals. Red Dog's first-quarter zinc output is about...
Meliadine and Amaruq produce 223,500 oz gold; company encouraged by Hope Bay drill results. For Agnico Eagle Mines Ltd., the remote but highly mineralized territory of Nunavut offers high rewards, as long as the high risks that come with building and operating mines in Canada's remote North are managed. Given the nearly 900,000-ounce-of-gold-per-year pace of production at its Meliadine and Amaruq mines so far this year, coupled with new gold discoveries that bode well for its...
Early plans for 2024 include work at new property, throughout greater project; details on effects from possible merger by HighGold and Contango ORE. Onyx Gold Corp. May 9 announced that it has entered into an option agreement to acquire the WEAS property from Senoa Gold Corp.; claims contiguous with the company's King Tut project in Yukon's Tombstone Gold Belt. Spun out last year from properties previously held by HighGold Mining Inc., Onyx Gold holds 100% interest in four...
Plans for 1,200 meters at Catch and comprehensive work on newest copper discoveries. Cascadia Minerals Ltd. May 9 announced the first phase of its 2024 exploration program will include 1,200 meters of drilling and comprehensive property-wide prospecting, mapping, and soil sampling on the company's flagship Catch copper-gold project in Yukon, Canada, as well as inaugural exploration at others. Located in an underexplored part of southcentral Yukon, about 56 kilometers (35...
Company plans to conduct DHEM surveys to reassess, will now include monitoring for gold, silver, molybdenum. Gladiator Metals Corp. May 8 announced further assays from the ongoing 10,000-meter drill program at the company's Whitehorse Copper project in Yukon, Canada. Located in the backyard of Yukon's capital city, the Whitehorse Copper project is a 5,280-hectare (13,294 acres) copper-molybdenum-silver-gold skarn exploration project that covers a significant portion of what ha...
Agrees to sell Golden Zone, Amanita projects for up to $3.4 million in cash and Contango Ore shares. Avidian Gold Corp. May 2 announced that it has entered into a binding agreement to sell its Alaskan subsidiary, Avidian Gold Alaska Inc., to Contango ORE Inc. for US$2.4 million (C$3.3 million), plus a potential future payment of US$1 million (C$1.4 million) if Contango takes either of Avidian's Alaska assets to a production decision. "This transaction is a win-win,... Full story
Early results from MLEM survey unveiling resource expansion targets at high-grade copper project. American West Metals Ltd. May 7 reported that preliminary results from a moving loop electromagnetic (MLEM) geophysical survey at Storm has identified new anomalies that indicate strong potential for resource expansion at this high-grade copper project in Nunavut. "The initial data from the Moving Loop Electromagnetic (MLEM) survey has been received and is highlighting new...
Less ore through the mill and lower grades impact production; Manh Choh remains on track for Q3. Kinross Gold Corp. May 7 reported that its Fort Knox Mine in Alaska produced 53,350 ounces of gold during the first quarter of 2024, which is a 37% drop from the 84,215 oz produced during the previous three-month period and 18% lower than the 65,387 oz produced during the first quarter of 2023. Due to the effects of cold weather on recoveries from the heap leach pad, a drop in... Full story
