The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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Ucore Rare Metals Inc. Feb. 10 announced that the Alaska Industrial Development and Export Authority (AIDEA) has reaffirmed its interest in funding the Alaska Strategic Metals Complex, a rare earth element separation facility that Ucore Rare Metals is planning to develop near Ketchikan, Alaska, and an eventual mine at the nearby Bokan Mountain REE project. Created by the Alaska Legislature in 1967, AIDEA is the development finance arm of the state of Alaska. This authority...
South32 Ltd. and Trilogy Metals Inc. Feb. 11 announced the finalization of a joint venture to advance exploration and development of the Upper Kobuk Mineral Projects in the Ambler Mining District of Northwest Alaska. Australia-based South32 has contributed US$145 million to fund this new JV named Ambler Metals LLC and Canada-based Trilogy provided the 426,690-acre Upper Kobuk Mineral Projects (UKMP) to the new JV owned equally by the two companies. The funds contributed by...
Solitario Zinc Corp. Jan. 27 said it is excited about the preliminary results from Teck Resources Ltd.'s 2019 exploration at Lik, a high-grade zinc project about six miles (10 kilometers) west of the Red Dog Mine in Northwest Alaska. Solitario acquired a 50 percent interest in Lik through the buyout of Zazu Metals Corp. in 2017. Teck owns the other half of the joint venture property. Prior to Solitario's purchase, 17.3 million metric tons of indicated resource averaging 8.1...
North of 60 Mining News is proud to introduce 20 questions for 2020. Over the course of this series, Mining News will interview mining and political leaders from Alaska, British Columbia, Northwest Territories, Nunavut and Yukon. Each interview will include 20 questions on mining, markets and doing business across Alaska and Canada's North. For the inaugural 20 questions for 2020, Mining News talks with Contango ORE Inc. CEO Rick Van Nieuwenhuyse, a longtime mining executive... Full story
It was the vast petroleum reserves lying under what is now the Arctic Slope Regional Corp. (ASRC) region and the need to build a roughly 800-mile pipeline to deliver oil to global markets that prompted the need to settle aboriginal land claims in Alaska and led to the passage of the Alaska Native Claims Settlement Act, commonly referred to as ANCSA. Signed into law by U.S. President Richard Nixon in 1971 ANCSA involved a unique plan to organize Alaska Natives into 12 regional... Full story
If you are not doing business in Alaska, you should be, this is the message Alaska Gov. Mike Dunleavy had for the mining community attending the Association for Mineral Exploration Roundup in Vancouver, British Columbia. During a Jan. 22 Alaska Night reception at the Roundup, Dunleavy said Alaska provides the environmental protections and jurisdictional securities that come with being a part of the United States, yet a rich and undeveloped mineral endowment of a frontier juris... Full story
Alaska Gov. Mike Dunleavy Jan. 18 announced he and members of his cabinet will travel to Vancouver, British Columbia to participate in the Association of Mineral Exploration (AME) British Columbia's Roundup, an annual mining conference that brings together more than 6,500 people and is a driving force for mineral exploration in Alaska, B.C. and across Canada's North. "I am looking forward to meeting with investors at next week's mining conference in Vancouver and highlighting... Full story
Development of the rich mineral resource in Alaska's Ambler Mining District took another major leap forward with the Dec. 19 announcement that Australia-based South32 Ltd. is investing US$145 million to become a 50 percent joint venture partner in Trilogy Metals Inc.'s Upper Kobuk Mineral Projects (UKMP). This Northwest Alaska project covers a more than 70-mile (115 kilometers) stretch of Earth's crust that is uncommonly rich in a variety of precious, base and critical... Full story
Calista Corp. and its 31,400 Yup'ik, Cup'ik and Athabascan shareholders are on the cusp of realizing the benefits that will come with the sustainable development of a mine at the 45-million-ounce Donlin Gold project on their land in the Yukon-Kuskokwim region of Southwest Alaska. With 39 million oz of gold in measured and indicated resources that average 2.24 grams per metric ton, and another 6 million oz in the inferred category averaging 2.02 g/t gold, Donlin Gold is truly a... Full story
After 15 years of leading the effort to unlock the vast mineral potential of the Ambler Mining District, Rick Van Nieuwenhuyse has turned in his resignation as president, CEO and director of Trilogy Metals Inc. Van Nieuwenhuyse, who told Mining News that he needed some time to handle personal matters, will remain as a consultant to the company and will assist with transitional matters and with advancing the company’s interests in Alaska. Jim Gowans – former president and CEO...
As the rest of the country suffers through the Dog Days of summer, Alaska is approaching the end of a topsy-turvy summer season that saw unseasonably hot, dry weather in some parts of the state during some parts of the summer, while other parts of the state have seen record rainfall and unseasonably early snowfall. Gold prices have skyrocketed over the $1,500 per ounce mark and silver prices have moved strongly up, now trading at a one-year high. However, copper and zinc are a... 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 news releases issued in the last month. Including those projects moving forward that have not released their 2019 plans, Alaska has become a very busy place under the sun. All of our major metal mines reported strong performances in the first quarter, several of Alaska's most... Full story
Trilogy Metals Inc. May 20 reported that permitting for the proposed road to provide surface access to the Ambler Mining District is slated for completion this year. The 211-mile Ambler Mining District Industrial Access Project (AMDIAP), the official name of this transportation corridor, would connect the Ambler Mining District to Alaska's contiguous highway system. This surface access is a key piece of infrastructure needed to begin realizing the vast potential of this...
Trilogy Metals Inc. May 23 named Janice Stairs as the new chair of its board of directors. Stairs, who has been a director of Trilogy Metals since 2011, graduated from Dalhousie Law School and holds a Master of Business Administration degree from Queen's University. "Janice is well suited to chair the Trilogy board. With her strong legal background, her many years working in the mining sector and the fact that she has been an active director of Trilogy Metals since its...
Teck Resources Ltd. April 22 reported that extreme winter weather forced a closure of the Delong Mountain Transportation System road that connects the Red Dog Mine in Northwest Alaska to the concentrate storage facility at the port for an extended period during January and February. As a result, the concentrator at Red Dog was idled for 20 days due to limited concentrate storage capacity at the mine site. Due to the downtime, the mill at Red Dog processed 887,000 metric tons...
Alaska Miners Association April 10 released "The economic benefits of Alaska's mining industry," a report put together by the McDowell Group that details roughly $1.26 billion in direct economic benefits from Alaska's mining sector during 2018. Healthy paychecks being brought home to more than 60 communities across Alaska is mining's biggest single economic contributor to the state. Alaska's mines, development and mineral exploration projects paid roughly $459 million to some...
When it comes to mineral exploration incentives, currency exchange and infrastructure, Alaska is at a disadvantage in the realm of attracting exploration investments from Canada and Australia, countries that are home to the majority of mining companies. The Far North State's vast and underexplored mineral potential, however, trumps these handicaps in the minds of a growing number of miners and mineral explorers. Mining executives from around the globe perennially rank Alaska... Full story
Teck Resources Ltd.'s northern exploration had two major focal points – ensuring the Red Dog District in Northwest Alaska continues as a significant source of global zinc supply well into the 21st century and a rekindled interest in advancing the Galore Creek copper-gold-silver project in British Columbia's Golden Triangle closer to production. The renewed and increased activities at Galore Creek follows Newmont Mining's 2018 acquisition of Novagold Resources Inc.'s 50 p... 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 automotive, petrochemical and electronics industries, has this group of industrious precious metals firmly planted on the United States Geological Survey's critical minerals list. "PGEs are indispensable to many industrial applications but are mined in only a few places," USGS inked in a 2017 rep... Full story
In addition to being a past producer and a future source of most of the 35 minerals and metals considered critical to the United States, Alaska currently contributes a globally significant amount of one of these vital metals – germanium. While not a widely known metal, germanium has optical qualities that make it an important ingredient in fiber-optics, infrared optics, electronics and solar energy systems. "The extensive use of germanium for military and commercial a...
If you are reading this article on your computer, tablet or phone, you are almost certainly looking through indium as we speak; and, if that devise happens to be a touchscreen you have the unique properties of this critical mineral to thank as you scroll down to read more about indium and where it can be found in Alaska. This is because indium-tin oxide is used as a transparent conducting film applied to virtually every flat-panel display and touchscreen on the market. This... Full story
While not the flashiest of the 35 minerals on the United States Geological Survey's critical list, barite plays an essential role in America's energy sector. Barite derives its name from barús, the Ancient Greek word for heavy, owing to an exceptionally high specific gravity for a non-metallic mineral. It is this weight that makes barite a key element to the oil and gas sector and lands the mineral on USGS' critical list. "More than 90 percent of the barite sold in the United... Full story
If you pay any attention to the popular press, it is difficult to avoid critical references to President Trump. He has become the effigy for everything from political division to global iconoclasm. However, as is the case with so many national issues; the impact of the intense debates inside the Beltway have only an attenuated resonance on the Last Frontier. The on-going controversy between elitist progressive governance and populistic resistance surfaced with the 2016 electio...
Alaska, like Canada to the east and Russia to the west, is well known for its elephantine mineral deposits. Recognition of those deposits surfaces regularly. Sometimes they are characterized by incredible production results, as in the case of Red Dog, Pogo and Fort Knox. Sometimes they are abandoned due to social factors to lie in wait for another day, as is the case with Brady Glacier, Misty Fiords and Chuitna. All too often, those who identify a valuable mineral deposit are... Full story
One does not have to be a septuagenarian to recall how things were before Richard Nixon signed the Clean Air Act and the Clean Water Act into law. Whole industries used the commons for the disposal of pollutants, rivers caught on fire, fish died, and the air was not fit to breathe in many places. The bureaucracy, both federal and state, changed in response to those laws, and a regulatory aegis was thrown over everyone, especially those in the resource development industries.... Full story
