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 12/29/2018 Full story

More than three dozen explorers chased lucrative mineral deposits in Yukon Territory in 2017 and most of these junior and senior companies returned to the northern jurisdiction this year to... — Updated 12/29/2018 Full story

Nova Minerals Ltd. (formerly Quantum Resources Ltd.) completed an inaugural drill program in 2018 at its newly acquired Estelle gold-copper-silver project about 100 miles northwest of... — Updated 11/12/2018 Full story

Nickel Creek Platinum Corp. is focused on developing its Nickel Shäw (formerly Wellgreen) project in southwestern Yukon into Canada's next world-class nickel-copper-cobalt-PGM sulfide mine.... — Updated 11/23/2018 Full story

Following a couple of quiet months where Alaska's mining industry focused on its work, the last month has seen an explosion of new info come out regarding that effort, some of it profound in... — Updated 10/5/2018

Nova Minerals Ltd. (formerly Quantum Resources Ltd.) July 31 said it plans to complete at least 8,000 meters of drilling over the next six to eight weeks at the Estelle gold-copper-silver pro... — Updated 8/10/2018 Full story

Cobalt is an essential ingredient to optimizing the performance of batteries in the growing number of electric vehicles on global highways, yet essentially none of this battery metal is... — Updated 6/22/2018 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

An early spring coupled with low snow fall in many parts of Alaska have combined to enable companies large and small to start their summer field programs early this year. As expected, competi... — Updated 4/26/2018 Full story

Nickel Creek Platinum Corp. April 25 said the second phase of its metallurgical program on the Nickel Shäw (formerly Wellgreen) project in southwestern Yukon is advancing into mini pilot... — Updated 5/11/2018 Full story

The six platinum group elements – platinum, palladium, rhodium, ruthenium, iridium, and osmium – are amongst the rarest metals on Earth. This scarcity, coupled with PGEs' uses in the... — Updated 5/22/2018 Full story

Born from an idea to create a vehicle that could provide Alaska businesses lower interest rates offered by tax-exempt financing, the Alaska Industrial Development and Export Authority, or... — Updated 10/25/2018 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

Wellgreen Platinum Ltd. Jan. 8 announced that it is changing its name to Nickel Creek Platinum Corp., part of a rebranding aimed to reflect a new direction for the company and the uniqueness... — Updated 1/19/2018

Quantum Resources Ltd. Nov. 20 announced that it has entered into an option five Alaska projects prospective for gold, silver, zinc, nickel, copper, cobalt and rare earth elements. The... — Updated 1/13/2018

As the first snows of the coming winter began to fall at high elevations across Alaska, results of summer programs likewise began to trickle in from far-flung areas of the state. Meanwhile,... — Updated 10/1/2017 Full story

Like a gong proclaiming the end of the long and arduous bear market for North of 60 mining explorers, the May 12 news that Goldcorp Inc. would buy Kaminak Gold Corp. for roughly C$500... — Updated 2/3/2018

Most of Alaska is now enjoying a warm, early spring, allowing field programs to get off to an quicker start this year. While budgets are still tight, interest in Alaska projects has steadily... — Updated 1/26/2018 Full story

Group Ten Metals Inc. Feb. 29 reported completion of an exploration and staking program on its Spy mineral property in southwestern Yukon Territory. Situated in the Kluane Ultramafic Belt, a... — Updated 3/6/2016

Over the past month, three of Alaska's large mines reported strong quarterly results; two projects in advanced permitting and pre-feasibility reported recent progress; and three exploration... — Updated 1/26/2018

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 act... — Updated 1/26/2018

Unlike its neighbors in the North, the Yukon Territory is forecasting a marked increase in exploration in 2014. While well shy of the roughly C$300 million invested in exploration in 2011,... — Updated 11/2/2014