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 273
Broken conveyor belt slows mill throughput. Northern Star Resources Ltd. April 23 reported that its Pogo Mine in Alaska produced 58,432 ounces of gold during the first three months of 2024, which is about 17% higher than the 49,799 oz recovered during the same period of 2023 but down about 12% from the 66,655 oz produced during the previous quarter. Reduced mill throughput due to a damaged conveyor belt was the primary reason for lower gold production compared to the previous...
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...
Pogo Mine owner is underwriting A$4.9M financing by Australia-based junior exploring Alaska Range. PolarX Ltd. Feb. 27 announced that Northern Star Resources Ltd. has agreed to participate in a financing that would earn the Australia-based gold producer a 28.5% interest in the junior exploration company. Both Australia-based companies have interests in Alaska – Northern Star owns and operates the high-grade Pogo gold mine, and PolarX is exploring the district-scale Alaska R...
Zinc contributed most to state's mine production value during 2023; gold is poised to take the crown and make run toward 1 million ounces per year. At a value of $1.5 billion, zinc held onto its throne as the most valuable metal produced in Alaska during 2023. With production forecasts and price trends headed in opposite directions for zinc and gold, however, the gleaming precious metal that drew fortune-seekers North at the turn of the 20th century could soon regain the... Full story
Recent study shows Exyn drones more safely collect higher quality survey data in half the time compared to traditional mine mapping methods. Exyn Technologies' drone-based mapping system is faster, more accurate, and infinitely safer than traditional underground mine surveying technologies, according to a recent study completed at Northern Star Resources Ltd.'s Pogo gold mine in Alaska. "[T]he data doesn't even compare," said Andrew Loomes, chief mine surveyor at Pogo. Exyn...
Aims for balanced, strategic, and thorough distribution of exploration activities. Blue Star Gold Corp. March 26 announced an update of its 2024 exploration campaign at the company's Ulu, Hood River, and Roma projects in the High Lake Greenstone Belt of the Kitikmeot region in Nunavut – detailing new discoveries, resource expansion, and an overall evaluation of its target pipeline. Located roughly 525 kilometers (326 miles) northeast of Yellowknife, Northwest Territories, Blue...
Northern Star Resources Ltd. Oct. 19 reported that its Pogo Mine produced 66,655 ounces of gold during the final three months of calendar year 2023, which lifted the Alaska operation's output for the year to 259,573 ounces. "The Pogo team are enduring negative 40-degree days in Alaska but have maintained strong momentum in operational improvements with quarterly gold sales of 66,000 ounces and an all-in-sustaining costs of US$1,367 an ounce," Northern Star Resources Managing...
Klondike Gold Corp. Jan. 15 announced results from the 2023 drilling at Stander on the company's Klondike Gold District property, noting that high-grade gold has been discovered there, which extends mineralization to the east. "The discovery of gold associated with historically unrecognized shear veins, distinguishable from sheeted extension veins, validates our view of the potential for the Klondike to host multiple and substantial gold deposits," said Klondike Gold...
Is it time for BC, Yukon, Alaska to forge an alliance to unlock critical mineral wealth, usher in new era of prosperity in the 21st century? The extremely mineral-rich geology that sweeps in a roughly 1,500-mile (2,600 kilometers) arc from the southern tip of British Columbia's Golden Triangle, through the Yukon, and onward to Alaska's west coast does not recognize the borders it spans. Likewise, the opportunities and challenges related to unlocking the precious, industrial, a... Full story
Following the acquisition of Alexco Resource Corp. at the end of 2022, Hecla Mining Company has continued to expand its portfolio of gold and silver properties in Canada's Yukon. With the Keno Hill Silver District mine project that came with the buyout of Alexco, Hecla's silver reserves soared to above 240 million ounces of silver, the highest in the company's 132-year history. "Hecla's silver reserves are at an all-time high," said Hecla Mining CEO Phillips Baker, Jr. This... Full story
With gold production on the rise and costs dropping at Pogo, Northern Star Resources Ltd. is focused on outlining resources and reserves to support the next decade of mining at its high-grade underground operation in Alaska. After the 2022 expansion of the mill to a nameplate capacity of 1.3 million metric tons per year, Northern Star has been working to ramp up gold production at Pogo to 300,000 ounces per year. The 81,322 oz of gold poured during the second quarter of...
As 2023 raced toward its final weeks, mining explorers working in Canada's northernmost territory wrapped up ambitious campaigns to identify new deposits of various lucrative minerals, ranging from cobalt to copper and gold to uranium. Both mineral production and exploration spending in Nunavut decreased in 2022 compared with the previous year's totals, and another drop is expected for 2023. Natural Resources Canada earlier projected a 28% decrease in planned spending for... Full story
Northern Star Resources Ltd. Nov. 20 announced the discovery of Star, an emerging gold deposit about 1,300 meters southeast of the Leise and North zones that have contributed most of the 4.8 million ounces of gold that have been produced over the past 17 years at the Pogo Mine in Alaska. "Pogo drilling results continue to impress with near-mine opportunities underpinning the mine life and investment thesis for this operation," said Northern Star Resources Managing Director and...
Kenorland Minerals Ltd. Nov. 15 announced that its 2023 program in Alaska included 2,541 meters of drilling funded by Antofagasta Minerals at its Tanacross copper-gold-molybdenum project along the Yukon border in eastern Alaska, as well as geophysics on its Healy gold project in the Goodpaster Mining District. In April, Kenorland announced that Antofagasta Minerals, a subsidiary of Chilean copper miner Antofagasta PLC, budgeted US$3.8 million for the 2023 program at...
Klondike Gold Corp. Nov. 8 announced the results from the mapping, rock sampling and diamond drilling at the Gold Run target on the Klondike District property in Yukon, Canada, expanding the company's understanding of this early exploration-staged prospect. Located roughly 20 kilometers (12.5 miles) southeast of Dawson City, the Klondike District Gold Project covers 727 square kilometers (280 square miles) of the famed Yukon gold district. According to a 2022 calculation, two...
Navigating the tumultuous waters of controversy and impassioned discourse, let us take a step back and embark on a journey through the history of an Alaska copper project that has proven to be as divisive as it is essential. Perhaps by exploring the compelling narrative of the Pebble Mine project, where the pursuit of precious resources indispensable for a zero-carbon future intersects with the call for environmental stewardship to safeguard heritage and a very way of life,... Full story
Northern Star Resources Ltd. Oct. 19 reported that its Pogo Mine in Alaska produced 61,817 ounces of gold during the third quarter of calendar year 2023. Over the first nine months of this year, Pogo poured 192,918 oz of gold, putting the company's only operation outside of Australia on pace to top 250,000 oz in 2023. Since completing an expansion of the Pogo mill to 1.3 million metric tons per year in 2022, Northern Star has been working to ramp up gold output at the...
Resolution Minerals Ltd. Aug. 21 announced that it staked a 114-square-mile land package in an area of Alaska prospective for nickel with associated copper, cobalt, and platinum group metals. Australia-based Resolution is best known in Alaska for its exploration of the 64North gold project near Northern Star Resources Ltd.'s Pogo mine. Over the past year, however, the company has also been acquiring and exploring projects that could offer future supplies of the metals needed...
Northern Star Resources Ltd. July 19 reported that its Pogo Mine in Alaska produced 81,322 ounces of gold during the second quarter of calendar year 2023, the highest quarterly output in recent years. "Pogo delivered an exceptional June quarter with gold sales of 80,000 ounces, representing an annualized production rate in excess of 300,000 ounces per annum," Northern Star Resources Managing Director and CEO Stuart Tonkin said during a call with investors and analysts....
Home to deposits and prospects enriched with 49 out of the 50 minerals deemed critical to the United States, Alaska is the single best state in the nation to explore for the minerals and metals needed for clean energy, electric vehicles, high-tech devices, and military hardware. To gain a better understanding of the 49th State's critical minerals potential, the U.S. Geological Survey is investing an additional $5.8 million to explore specific regions of the state in 2023....
Northern Star Resources Ltd. April 26 announced that an unscheduled shutdown to repair the ball mill motor at Pogo resulted in a drop in gold production and increase in the per-ounce production costs at the company's Alaska operation. When restarting the ball mill at the end of a routine mill shutdown in early March, the Pogo team discovered damage to the motor. At the time, Northern Star anticipated that it would take up to six weeks to make the repairs. In its quarterly...
To follow up on the success of its 2022 exploration at Kitsault Valley, Dolly Varden Silver Corp. is mobilizing five rigs to complete up to 45,000 meters of resource expansion and exploration drilling across this precious metals-rich project in Northern British Columbia. Located about 40 kilometers (25 miles) southeast of Stewart, BC, the 63-square-mile (163 square kilometers) Kitsault Valley project is an amalgamation of Dolly Varden's namesake project and the adjacent Homest...
Northern Star Resources Ltd. March 15 announced a roughly six-week shutdown for unscheduled repairs at its Pogo gold mine in Alaska. Toward the end of a routine mill shutdown that began last week, the Pogo team discovered damage to the ball mill motor, which tripped during restart. Work has begun on the ball mill motor, but Northern Star anticipates it will take up to six weeks to complete the repairs. Due to the extended downtime, the company expects gold output from the...
Millrock Resources Inc. Feb. 24 announced that Resolution Minerals Ltd. has now earned a 51% interest in 64 North and continued exploration of this gold project in Alaska's Goodpaster Mining District will be carried out under a joint venture between the two companies. 64North is a district-scale land package assembled by Millrock that consists of nine claim blocks – West Pogo, Shaw, Eagle, LMS-X, South Pogo, East Pogo, North Pogo, Last Chance and Divide – covering roughly 160...
More gold, strong zinc prices helped push value higher; critical minerals could add a boost moving forward. Alaska mines produced approximately $4.51 billion worth of nonfuel minerals last year, a 16% increase over the $3.89 billion in 2021, and an impressive 42.7% jump over the $3.16 billion of mined products during 2020, according to the U.S. Geological Survey's Mineral Commodity Summaries 2023 report. The rise in Alaska mine production value is largely due to increased...
