The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 25 of 91
The first high-grade gold ore from the Manh Choh Mine in Alaska fed into the Kinross Alaska mill at the Fort Knox Mine near Fairbanks is elevating Contango Ore Inc. from a unique Alaska focused mineral exploration company to the newest gold producer in the state. "We are indeed excited to report that mining operations have commenced at Manh Choh and that the construction phase has been achieved on budget and on schedule," Contango ORE President and CEO Rick Van Nieuwenhuyse...
Alaska Energy Metals Corp. Aug. 16 announced that it has acquired a database from more than $30 million of exploration carried out since 1995 at the company's Nikolai nickel-copper-cobalt-platinum group metal project in Alaska. INCO Ltd. first discovered and explored Nickolai during the 1990s. Nevada Star Resources Ltd. picked up the property, which was known at the time as MAN, and carried out exploration with Anglo American (Canada) Ltd. from 2004 to 2006. As its...
Resolution Minerals Ltd. Aug. 21 announced that it staked a 114-square-mile land package in an area of Alaska prospective for nickel with associated copper, cobalt, and platinum group metals. Australia-based Resolution is best known in Alaska for its exploration of the 64North gold project near Northern Star Resources Ltd.'s Pogo mine. Over the past year, however, the company has also been acquiring and exploring projects that could offer future supplies of the metals needed...
Alaska Energy Metals Corp. May 2 announced the appointment of former Alaska Department of Natural Resources Commissioner Corri Feige to its board of directors. “We are really pleased to have Corri join our company! She has great energy, vision, and leadership skills, but, most importantly, she has boundless enthusiasm for resource-centered economic development in Alaska. Her enthusiasm is infectious!” said Alaska Energy Metal’s President and CEO Gregory Beischer. Forme...
Millrock Resources Inc. March 1 announced that it is shifting its focus to exploration of Nikolai, an Alaska project prospective for a large deposit of critical energy metals such as nickel, copper, cobalt, and platinum group elements. As part of this shift in focus, the company plans to change its name to Alaska Energy Metals Corp. and complete a 10-to-one share consolidation. "Despite strong execution of the project generator model over the past few years, Millrock's share...
As an Alaska-based mineral explorer that is listed on the NYSE American stock exchange and involved with advancing two gold mines toward production, Contango ORE Inc., commonly referred to simply as CORE, is unique in the realm of junior mining companies. Led by president and CEO Rick Van Nieuwenhuyse, CORE has assembled a pipeline of Alaska gold projects along the highway system in Alaska that span the gamut from discovery to mine development. "I have spent a good part of my...
Capping off a successful year of mine predevelopment activities at its 30%-owned Manh Choh gold mine project in Interior Alaska and acquisition of the historic high-grade Lucky Shot gold mine project in Southcentral Alaska by up-listing its share to the New York Stock exchange, Contango ORE Inc. is well-positioned for 2022 success. "2021 represented another year of COVID, but despite the difficulties of working in a continued pandemic environment, the company achieved its...
As an Alaska Native Claims Settlement Act regional corporation that is balancing traditional values with economic opportunities across a 26-million-acre picturesque and resource-rich traditional region at the epicenter of Alaska's highway system, Ahtna Inc. lies at a literal and figurative crossroads. Bordered by the majestic Alaska Range to the north, the equally beautiful Chugach Mountains to the south, the Canadian border to the east, and the Denali National Park to the...
New Age Metals Inc. Sept. 20 reported that Aurora Geosciences Ltd. is carrying out mapping and sampling at the Bernard Mountain and Sheep Hill areas of New Age's Genesis platinum group metal-nickel-copper project in Southcentral Alaska. Lying alongside the Richardson Highway about 75 highway miles north of the deep-water port city of Valdez, Genesis is an under-explored palladium-platinum-nickel-copper property with great infrastructure. Previous sampling at Sheep Hill, one...
Contango ORE Inc. June 21 announced that it has raised US$10.9 million to fund its share of exploration and development of Manh Choh, a 1.2-million-ounce gold mine project in eastern Alaska being explored and developed in partnership with Kinross Gold Corp., as well as exploration on three other gold properties wholly owned by CORE. The financing involved the issuance of 523,809 CORE shares at US$21 each. Alaska Future Fund, an Alaska investment program launched in 2019 by...
Contango ORE Inc. April 29 announced it has staked 52,920 acres of state of Alaska mining claims covering a significant portion of the Richardson Mining District. This property, known as Shamrock, lies alongside the Alaska Highway about 70 miles southeast of Fairbanks, Alaska. In addition to excellent access via gravel roads and trails connecting to the paved highway, Shamrock boasts a high-voltage power line that runs along the southern property boundary. Since the discovery...
While the United States consumes roughly 5% of the chromite mined globally, none of this chromium mineral comes from domestic mines. Instead, America relies on foreign sources for approximately 72% of its supply and the balance of this vital ingredient in stainless steel and many superalloys comes from recycling. Nearly all America's chromite imports come from one country, South Africa. This heavy reliance on one country, coupled with a dearth of alternatives for this vital...
The six platinum group elements – platinum, palladium, rhodium, ruthenium, iridium, and osmium – have one foot firmly planted in the realm of precious metals while the other is firmly established in the industrial sectors. While being amongst the rarest metals on the planet already makes PGE's highly valued for jewelry and bullion, their applications in the automotive, petrochemical, and electronics industries are catalysts that drive the price of these industrious pre...
Kinross Gold Corp.'s new long-term strategy for its Fort Knox Mine is a paradigm shift for mineral exploration companies with gold projects on or near the road system within a 300-mile-radius of the iconic gold operation about 20 miles north of Fairbanks, Alaska. Under this new operating plan, Kinross is looking for Alaskan projects that can deliver high-grade ore to the underutilized 14-million-metric-ton-per-year mill at Fort Knox. "There is an economic radius around Fort...
New Age Metals Inc. Oct. 8 reported that the 2019 Genesis exploration program has significantly expanded the platinum group element-nickel-copper exploration targets on this project in Southcentral Alaska. "We are pleased to announce that this summer's exploration efforts have doubled the strike length of prospective mineralization at our road accessible Genesis PGE-nickel-copper project in Alaska," said New Age Metals Chairman and CEO Harry Barr. Situated along the...
New Age Metals Inc. July 25 announced the start of a 2019 exploration program focused on mapping hydrothermal alteration to better define drill targets on its Genesis platinum group metals-nickel-cobalt project in Southcentral Alaska. Situated along the Richardson Highway about 75 highway miles north of the deep-water port city of Valdez, Genesis is an under-explored palladium-platinum-nickel-copper property with great infrastructure. Previous sampling at Sheep Hill, one of...
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 lodes of copper to ever by mined on earth, Ahtna Inc. balances development for the prosperity of its current shareholders and preservation of resources for future generations. An important facet of this management is ensuring that there are plenty of plants, fish and wildlife to suppo...
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 out loud how they were going to produce rare earth element, tungsten, tantalum and molybdenum in the near future. Why these metals and why the worry now? Because one of the many impacts the Defense Authorization Act will have on the U.S. economy is its ban on the U.S. Department of...
A vital ingredient in stainless steel and superalloys, chromium is considered by the United States Geological Survey as "one of the Nation's most important strategic and critical materials." "Because there is no viable substitute for chromium in the production of stainless steel and because the United States has small chromium resources, there has been concern about domestic supply during every national military emergency since World War I," the USGS explains. Rich chromite...
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 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 report on platinum gro...
New Age Metals Inc. April 18 announced that it has signed an agreement with Anglo Alaska Gold Corp. to acquire full ownership of the Genesis, a 10,240-acre, drill-ready platinum group metal project about 75 highway miles north of the all-weather port city of Valdez. "NAM (New Age Metals) uses the prospector generator model and after the preliminary field work and additional ground proofing, our objective is to find an option/joint venture partner to further the development of...
U.S. Army Corps of Engineers believes it can get to a decision on the Environmental Impact Statement for the proposed Pebble Mine project in Southwest Alaska by spring of 2020, or a little more than two years after the Pebble Partnership submitted permit applications. "If things progress as we see, a decision will be made no earlier than the spring of 2020," said Sheila Newman, deputy chief, Regulatory Division, U.S. Army Corps of Engineers – Alaska District. While this is a...
The U.S. Army Corps of Engineers – Alaska District March 28 published a Notice of Intent to prepare a draft environmental impact statement (EIS) for review of the Pebble Limited Partnership's application to discharge fill material into waters of the United States for the purpose of developing a mine at its world-class copper-gold-molybdenum project in the Bristol Bay region of Southwest Alaska A 30-day public scoping and public comment period is set to begin April 1. This s...
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...
A vital ingredient in stainless steel and superalloys, chromium is considered by the United States Geological Survey as "one of the nation's most important strategic and critical materials." "Because there is no viable substitute for chromium in the production of stainless steel and because the United States has small chromium resources, there has been concern about domestic supply during every national military emergency since World War I," the USGS explains. Rich chromite...
