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

The owners of Alaska’s five large metal mines – Sumitomo Metal Mining Pogo, Hecla Mining Company, Kinross Gold Corp, Teck Resources Ltd. and Coeur Mining Inc. – accounted for nearly half the US$92 m... — Updated 1/28/2018 Full story

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 activity t... — Updated 1/26/2018

If you have ever played or followed sporting events, you are probably familiar with that bizarre and often game-changing event known as the "change of momentum". This is when the team that was on... — Updated 1/26/2018 Full story

With metal prices stabilizing, physical stockpiles dwindling and demand again on the rise, things are beginning to look up for the beleagered mining industry. Gold's performance over the past... — Updated 1/26/2018

Redstar Gold Corp. June 8 reported the start of an exploration program focused on delineating new drill targets at the Shumagin prospect of its Unga gold project, located on Unga and Popof Islands... — Updated 6/19/2016

Redstar Gold Corp. Jan. 25 reported the appointment of Peter Ball as president, CEO and director of the exploration company with gold properties in Alaska, Nevada and Ontario. Ball, who has more... — Updated 1/31/2016

Redstar Gold Corp. Sept. 8 reported the closing of a C$750,000 non-brokered private placement consisting of 18.75 million common shares at a price of C4 cents per share. No finder's fees were paid... — Updated 9/13/2015

Over the past month Alaska's mining industry has suffered a perfect storm of manmade and natural issues that read like something from a pulp fiction novel. On the man-made side of the ledger, gold,... — Updated 7/26/2015

Redstar Gold Corp. July 2 reported that four step-out holes drilled at the Shumagin prospect of its Unga gold project in Southwest Alaska continues to cut high-grade gold in the Shumagin vein as... — Updated 7/12/2015 Full story

With intercepts of up to 5.9 ounces per short ton gold over widths of more than six feet, Redstar Gold Corp.'s first round of 2015 drilling at Unga is reminiscent of the long history of this... — Updated 6/28/2015 Full story

The world's mining industry has once again transmogrified itself in the face of changing global metals markets and investor expectations. In a recent Reuters report, several companies, including... — Updated 6/28/2015 Full story

Redstar Gold Corp. June 11 reported multi-ounce gold intercepts from the first two holes of a recently completed eight-hole drill program on the Shumagin prospect at its Unga gold project on the... — Updated 6/21/2015

Redstar Gold Corp. May 21 reported that all eight holes of a 1,500-meter phase-1 drill program successfully encountered Shumagin-style vein mineralization at expected depths at the company's Unga... — Updated 5/31/2015

I recently returned from the Geological Society of Nevada's once-every-five-years Symposium in Reno and was surprised to learn a number of things regarding Alaska, despite the symposium's tight focu... — Updated 5/31/2015

Redstar Gold Corp. April 29 reported that it has begun the first phase of its 2015 drill program at its Unga gold project, located at the eastern end of the Aleutian Islands of Southwest Alaska. Thi... — Updated 5/10/2015

With a mild winter for most of Alaska behind us and an early spring in progress over much of the state, spring fever has once again laid its grip on the mining industry. A number of exploration and... — Updated 4/26/2015

Redstar Gold Corp. March 31 said it plans to start a phase-1 drill program at its Unga Gold project in April. The roughly 1,500 meters of drilling will primarily focus on outlining the high-grade... — Updated 4/5/2015

Redstar Gold Corp. Feb. 25 reported that Ken Booth has resumed the role of interim president and CEO, replacing Toby Mayo who is leaving the company. Booth began his career as a geologist and later... — Updated 3/8/2015

With a new management team in place, roughly C$2 million of cash in the bank and an improved understanding of its high-grade gold mineralization, Redstar Gold Corp. is preparing to launch an early... — Updated 1/11/2015 Full story

The nearer your destination, the more you slip sliding away." As 2014 quickly slip-slides away, these normally melancholy lyrics by Paul Simon take on a surprisingly upbeat meaning for Alaska's... — Updated 12/21/2014 Full story

At the same time as the EPA is pushing forward on its planned precedent-setting, pre-emptive, pre-permit veto of the Pebble project and the tailings dam failure at the Mount Polley mine in British... — Updated 8/31/2014

As is normally the case in high summer in Alaska, news has started to trickle out of the hills on projects where new work is being conducted, and several properties have changed hands or are in the... — Updated 7/27/2014

The din of mineral industry activity that is normally a part of the summer months in Alaska is decidedly muted this year as the global mining industry attempts to lift itself off the bottom of a... — Updated 6/29/2014 Full story

At the recent Prospectors and Developers Association of Canada meeting in Toronto, Dr. Richard Schodde, managing director of MinEx Consulting, presented some key factors which affect the time span... — Updated 5/25/2014 Full story