The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 101 - 119 of 119
As Alaska's mining industry nears the end of another hectic year during which metals prices and investor sentiments rose and fell as precipitously as the world's major stock exchanges, the industry is naturally looking into its crystal ball trying to anticipate what the new year will bring. EY Global Mining and Metals does this sort of forecasting by putting out an annual "risk radar" for mining and metals. The idea is to find out what the industry perceives as the top ten... 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 its potential immediate, near-term and long-term implications. For example, one of Alaska's largest mines was sold to a new owner at a surprisingly low cost per ounce. The results of a robust new preliminary economic analysis were tabled by an advanced gold-silver exploration project... Full story
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 project about 100 miles northwest of Anchorage. The Australia-based explorer optioned Estelle late in 2017 as part of a larger deal that included four other Southwest Alaska properties – Chip-Loy, a nickel-copper-cobalt-gold-silver-platinum group element project; Bowser Creek silver-zinc-lead...
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, competition is stiff for people, drills, helicopters, heavy equipment and related services, awarding those who committed budgets early and penalizing those who did not or could not commit early. For the first time in half a decade, projects with money at hand may not be able to get the services t... Full story
Thanks to its own rich mineral endowment, Australia is a juggernaut in the world of mining, especially across the Southern Hemisphere. Over the past couple of years, however, a growing number of Aussie mining companies are looking north to Alaska, another minerals-rich land way north of the Equator. At least four Aussie juniors – White Rock Minerals Ltd., PolarX Ltd., Nova Minerals Ltd. and Riversgold Ltd. – and three Australia-based metals producers – South32 Ltd., North... 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 invested last year and nearly double the US$58 million spent at the bottom of the market in 2015. "Canadian and Australian companies continue to be the source for the bulk of funds spent in Alaska in 2018, together comprising well over 80 percent of the exploration expenditures earmarked... 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 Anchorage, Alaska. The Australia-based explorer optioned Estelle late in 2017 as part of a larger deal that included four other Southwest Alaska properties – Chip-Loy, a nickel-copper-cobalt-gold-silver-platinum group element project; Bowser Creek silver-zinc-lead project; Windy Fork, a rare e... Full story
UCU: TSX.V President and CEO: Jim McKenzie Chief Operating Officer: Ken Collison Vice President, Business Development: Mark MacDonald Ucore Rare Metals Inc. carried out 2014 exploration programs at both its Bokan-Dotson Ridge rare earth elements project in Southeast Alaska and Ray Mountain REE-tin project in the Interior region of the state. A C$7.8-million private placement completed in April, along with C$2.8 million of working capital Ucore had on the books at the end of March, is anticipated to provide ample funds to meet...
Over the past six months, the single-most common question I have gotten asked about Alaska's mineral industry is, "Have there been any significant new discoveries?" While there may be an as-yet unannounced new discovery in Alaska, it seems the above question is being asked more frequently in other parts of the world as well and the most common answer is a simple "no." While information on new discoveries in other sectors of the mining industry is out there, it's not as...
Ucore Rare Metals Inc. has two things the Pentagon wants - heavy rare earths and state-of-the-art technology to extract these strategic elements from the ore. The almost magical properties of REEs - a group of 17 previously obscure metals that include scandium, yttrium and the 15 lanthanide elements on the periodic table - make them an essential ingredient to a number of avant-garde military applications such as drones, lasers, radar systems and night vision equipment. The... Full story
As the scope and tenor of a long-predicted shortfall in zinc supply begins to take shape, proponents of advanced mine projects in northern Canada with substantial deposits of zinc, along with lead, copper and/or other metals, are busy refining development strategies aimed at achieving production by the end of the decade. Near the front of the line are Tamerlane Ventures Inc., which is advancing the Pine Point Project in Northwest Territories, and Selwyn-Chihong Mining Ltd., which is working to develop the giant Selwyn...
RG: TSX-V/RMIOF:NASDAQ OTC/D4R:FE President and Director: Anastasios (Tom) Drivas Chief Financial Officer: Michael D'Amico, CA Vice President, Exploration and Geologist: Thomas Skimming, P. Eng. Romios Gold Resources Inc. is a Canadian exploration company actively engaged in precious and base metal exploration in British Columbia and Quebec with a primary focus on gold, copper, silver and molybdenum. Romios has acquired nine strategically located gold-copper properties between Nova Gold/Teck Cominco's and Barrick Gold's...
TSX-V: UCU President and CEO: James McKenzie Vice President, Project Development: Harmen Keyser Consulting Geologist: James Barker With the winds of soaring rare earth element prices in its sails, Ucore Rare Metals Inc. is maneuvering its Bokan Mountain Project in Southeast Alaska toward becoming a domestic source of dysprosium, terbium and other heavy rare earth metals. In March, Ucore reported the first NI 43-101-compliant resource estimate for the HREE-rich deposit situated at the southern end of Prince of Wales Island. At... Full story
A March ruling by U.S. District Judge John W. Sedwick, which reinstated the so-called "Roadless Rule" in the Tongass National Forest, promised an early end to Ucore Rare Metal Inc.'s 2011 exploration at its Bokan Mountain rare earth elements project on Prince of Wales Island and left several other Southeast Alaska mineral projects needing special permission to carry out planned drilling. "The implementation of the 'roadless rule' in the Tongass National Forest by Judge...
UCU: TSX-V President and CEO: James Mackenzie Vice President, Project Development: Harmen Keyser Vice President and CFO: Peter Manuel At the behest of lawmakers at both the state and federal levels, and with the support of the U.S. Geological Survey, Ucore Rare Metals Inc. (formerly Ucore Uranium Inc.) is advancing the heavy rare earth element-enriched Bokan Mountain project located about 37 miles from Ketchikan in Southeast Alaska toward feasibility. The U.S. Bureau of Mines more than 20 years ago estimated the site...
Dozens of small explorers mounted exploration campaigns in 2010 in and around the historic Stewart Gold Camp in northwestern British Columbia, and as assays trickle in from samples and core sent to labs this spring and summer, many of them are reporting encouraging results. The Stewart Gold Camp, located about 20 miles, or 35 kilometers, from the B.C./Alaska border, is an emerging, world-class mining district that continues to offer discovery opportunities for major gold-copper and precious metal polymetallic deposits. The...
China, which mines the majority of the global supply of rare earth elements within its borders, has, over recent years, increasingly restricted its exports of the unique minerals to non-China-based production facilities. This trend has continued with a July announcement that the Far East country intends to slash its exports of the high-technology metals by an additional 72 percent. Rare earth minerals are made up of 17 elements including terbium, thulium and yttrium. They are...
Rare earth elements have become a hot topic among United States policymakers. The growing demand for the unique properties of these metals in "green energy" technology and military applications, coupled with China's monopoly on the rare earth market has lawmakers and the Pentagon investigating the need to stimulate domestic production, manufacture and stockpiling of these elements. A bill introduced by U.S. Rep. Mike Coffman, R-Colo., in March has moved the rare earth conversa...
Advances in high technology, especially the recent drive to produce increasingly efficient hybrid automobiles, is spurring demand for rare earth elements and energizing a little-known mining sector with at least one known Alaska mineral deposit. Thanks to analysts touting the virtues of investing in rare earth mining, two companies, Commerce Resources Corp. and Rare Element Resources Ltd. listed on the Toronto Stock Exchange have seen gains in their stock price of 32 percent and 37 percent, respectively, this spring,...
