The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 76 - 91 of 91
In case you have not heard, Alaska's mineral industry is cooking! Over the last month two new companies have acquired mineral properties in Alaska and most of the existing projects kicked off their summer programs in earnest. One of Alaska's major mining projects received its final permits to allow mine construction to begin and several others are conducting preliminary and final feasibility studies. Drilling rigs are scarce as hen's teeth and the helicopters to lift them and the people who run them are booked from now until...
The good news from Teryl, Kinross, Geoinformatics, Midas, Geocom and others is tempered by the loss of Alaska's gentleman scientist Ernie Wolff, who passed away on May 3; Liberty Star Gold appoints Phil St. George as VP of exploration s I write this summary of recent activities in Alaska's mining industry I am attending a once-every-five-year symposium in Reno put on by the Geological Society of Nevada. Some 1,500 attendees, mostly exploration geologists, are eagerly lapping up hours of new and previously unheard ideas on...
Nearly half a decade after embarking on development of the huge Pogo gold resource in Interior Alaska, operator Teck-Pogo Inc. is eyeing light at the end of the tunnel - first production in early 2006. The company is also gearing up for additional exploration near the known deposit later this year. Pogo, 85 miles southeast of Fairbanks near the town of Delta Junction, is estimated to contain 7.7 million tons of ore that should yield just under a half-ounce of gold per ton. Karl Hanneman, the project's manager of public and...
The Alaska Division of Geological and Geophysical Surveys released new airborne geophysical data and maps for the Goodpaster River area in Interior Alaska on Jan. 24. The survey covers approximately 210 square miles in the western Goodpaster mining district, which is home to the Pogo deposit. (See map on page 15.) Several mining companies, including AngloGold, Rimfire, Freegold and Teck Cominco, are active in the area. "We use these data all the time and have found more and more uses for the geophysical data since (the...
A new mining company has staked out a future in Alaska with the acquisition of the Shorty Creek prospect near Livengood. Select Resources, formed last December, is a wholly owned subsidiary of Bakersfield, Calif.-based Tri-Valley. Gold Range Ltd., a private exploration firm headquartered in Fairbanks, has leased its Shorty Creek claims to Select Resources, Tri-Valley announced Jan. 5. Neither company disclosed details of the financial arrangement. Indications of mineralization at the 34-square-mile Shorty Creek prospect...
The month of November started off with a bang with favorable results for the mining industry from both the state and federal elections standpoint. As it closes the price of gold is flirting with $450 per ounce, the highest price for this metal since mid-1988. The Alaska Miners Association convention was very well attended in early November and results were revealed there from many of Alaska's exploration, development and production properties. A quick tally of spending across...
Seattle-based Nevada Star Resource Corp. in mid-August began a 2,000 meter (6,561-foot) reverse circulation drilling program on the northern portion of the MAN nickel, copper and PGE property in central Alaska. It's the latest development in an active, million-dollar plus summer field season for the 271-square mile MAN property on the southern flank of the Alaska Range near the Richardson Highway community of Paxson. Nevada Star is completing about $550,000 worth of exploration work on the northern part of the property this s...
Partners in the Pogo gold project northeast of Delta Junction, Alaska, have officially approved the final feasibility study and production program, announcing plans on June 4 to complete construction and begin initial gold production in March 2006. Production will ramp up to commercial rates by the end of August, 2006, the three partners said in a joint press release. Development partners in the Pogo project, 40 miles northeast of Delta Junction in the upper Goodpaster River valley, include Teck Cominco Ltd., Sumitomo Metal...
A large portion of the 269-square mile MAN nickel, copper and PGE property on the south flank of the Alaska Range near Paxson, Alaska, will soon be assessed by proprietary geophysical technology used by Anglo American Exploration (Canada), a subsidiary of global mining giant Anglo American. Anglo signed a joint venture agreement in mid-March with the property's claim staker, Nevada Star Resource Corp., a Vancouver, British Columbia-based junior that has put together a substantial land position in the south Interior Alaska...
Gold and copper production at the shuttered underground Nixon Fork mine, about 30 miles northeast of McGrath in central Alaska, may restart at the end of 2004. Mystery Creek Resources Inc., a wholly owned subsidiary of publicly traded St. Andrew Goldfields Ltd., submitted a new five-year plan of operations for Nixon Fork to regulators in March. The mine has been closed for five years. Mystery Creek plans to refurbish the existing mill, change the extraction process to allow for gold and silver dory production on-site, drive...
Although the traditional Alaska field season has not really arrived yet, three significant developments occurred in March: Teck Cominco and Sumitomo Metal Mining received final permits for the Pogo gold project from the U.S. Environmental Protection Agency allowing construction to move ahead at flank speed, Anglo American acquired its first U.S. mineral property in years by signing a joint venture option on Nevada Star's MAN nickel-copper-platinum group element project and Nov...
Describing Alaska as "a good place to do business," AngloGold (U.S.A.) Exploration's president of North America said the company's focus is shifting away from projects in Nevada and parts of Canada. The company increased its landholdings through a sizeable claim staking effort in recent months in the area surrounding the Pogo gold deposit, and is negotiating a land lease in the Livengood area. Total exploration spending in Alaska is planned for $2 million, which is more than two-thirds of the company's North America green-fie...
As the first snows of winter begin to fall around the state, more assay results are coming in and plans for next year are being formed. Metals prices continue to rise or hold steady and budgets for next year appear to be growing as a result. Several exploration projects remain in progress and are not likely to be completed before the end of October. By then we will have a good idea of how 2002 stacks up against previous year's exploration, development and production...
Results from the 2001 field season have begun to show up from around the state. At the same time, the number of rumors circulating via the Tundra Telegraph about results that have not been formally announced, has picked up. Fieldwork continues on a number of projects around the state but that early morning chill in the air is a harbinger of change in the near future. When the dust settles later this year, it will be clear that several new discoveries have been made in Alaska in 2001 and that several promising properties did...
As is always the case this time of year, many of the season's exploration and development programs are completed or nearing completion and the results of those programs are trickling in. In addition, second quarter 2001 operating results are in for Alaska's major mines, all of which are doing well despite depressed prices for all of the metals they produce. The state's most active areas include the Seward Peninsula, Interior Alaska and southeast Alaska. Here is what's going on. Western Alaska Cominco American's Red Dog mine...
Alaska's "winter that wasn't" is nearing its end and with it the mining industry is gearing up for another summer season. This season promises to see less intense activity in the gold exploration sector, more polymetallic and platinum group element exploration along with continued development activities at Red Dog, Greens Creek, Fort Knox and the Pogo project. To underscore this recent shift away from gold and into other metals, the Prospectors and Developers Association of Canada recently awarded its prestigious Prospector...
