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

Lundin Mining Corp. has agreed to invest AU$4.3 million (US$3 million) to acquire 14.3 percent of PolarX Ltd. shares, a deal that gives the Canada-based miner an option to earn a 51 percent interest... — Updated 6/14/2019

When it comes to managing its more than 1.5 million acres of land in a region of Southcentral Alaska renowned for its natural beauty, Copper River salmon, abundant wildlife and one of the richest lod... — Updated 5/31/2019 Full story

In the famous words of Sherlock Holmes, the game is afoot! After seasonally slower news from Alaska's mining industry in March and April, the dam has broken with over two dozen Alaska mining project... — Updated 5/30/2019 Full story

While copper is not on the United States Geological Survey's list of 35 minerals and metals critical to America, there is no doubt of this metal's importance to both the everyday and avant-garde... — Updated 6/21/2019 Full story

Cobalt is a critical safety ingredient in the cathodes of lithium-ion batteries powering the ever-increasing number of electric vehicles traveling global highways and a plethora of cordless... — Updated 6/19/2019 Full story

As is usually the case this time of year, the mining industry is awash in backward-looking statements designed to allow for more accurate forward-looking statements. Prime among them is one of my fav... — Updated 3/29/2019 Full story

PolarX Ltd. March 25 announced that 3D modelling of magnetic data collected last year provides further evidence of a large porphyry copper-gold target at Saturn, an Alaska Range prospect previously k... — Updated 4/5/2019 Full story

When it comes to attracting mining investment, Alaska, British Columbia and all three Canadian territories rank among the top 20 jurisdictions in the world on the Fraser Institute Survey of Mining... — Updated 3/15/2019 Full story

Those of you that attended the recent Cordilleran Roundup Convention in Vancouver can attest to the exuberant, upbeat atmosphere that pervaded the conference and was very much in evidence at the... — Updated 3/15/2019 Full story

PolarX Ltd. Jan. 29 reported that the final assays from the 2018 drill program at its Alaska Range project continues to tap copper-gold-silver mineralization below the resource boundaries of the... — Updated 2/15/2019

I, for one, feel vindicated, relieved and ready to face the New Year! How so, you ask? Please let me explain. For those of you who remember my column in November, I noted that EY Global Mining and... — Updated 1/25/2019 Full story

As the year waned, Alaska's mining industry reported some of the last of its 2018 seasonal field results while the University of Alaska and state of Alaska released some current and projected... — Updated 1/4/2019 Full story

WESTERN ALASKA Northern Dynasty Minerals Ltd. announced that it had finalized a surface right of way agreement with Alaska Peninsula Corporation for use of that latter's lands for the construction... — Updated 12/7/2018 Full story

PolarX Ltd. has put together an 85,750-acre (347 square miles) land package just off Alaska's road system that already hosts deposits rich in copper and gold yet remains vastly under-explored. This... — Updated 11/30/2018 Full story

PolarX Ltd. Nov. 19 said strong assay results from soil and rock‐chip sampling demonstrate the potential for a significant gold‐copper discovery at the Mars prospect on its Alaska Range project.... — Updated 11/30/2018 Full story

PolarX Ltd. Nov. 12 reported strong copper-gold results from another hole drilled in an area about 850 meters east of the Zackly skarn deposit that is emerging as a potential open pit mine on the... — Updated 11/23/2018 Full story

PolarX Ltd. Nov. 5 said a high‐resolution aeromagnetic geophysical survey flown this fall over most of the Stellar property, part of the Australian explorer's Alaska Range project, clearly shows... — Updated 11/16/2018

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... — Updated 11/9/2018 Full story

Millrock Resources Inc. is a project generating mineral exploration company with five projects in Alaska, three in British Columbia (transferred to Sojourn Exploration Inc.), 16 in Mexico and one in... — Updated 11/23/2018 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... — Updated 3/1/2019 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 invested... — Updated 3/1/2019 Full story

PolarX Ltd. Sept. 25 said drilling is beginning to outline a thick zone of shallow, high-grade gold-copper-silver mineralization about 850 meters east of the Zackly skarn deposit that show the... — Updated 10/5/2018

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... — Updated 10/5/2018

PolarX Ltd. Sept. 20 announced that it has encountered deeper high-grade gold-copper-silver mineralization east of the Zackly skarn deposit on the Australian explorer's Alaska Range Project. In... — Updated 9/28/2018 Full story

Underscoring the interconnected nature of the global mining market, not 48 hours after the John S. McCain National Defense Authorization Act was signed into law, the mining industry began wondering... — Updated 9/7/2018 Full story