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(16) stories found containing 'ring of fire mineral potential'


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  • Bre-X Minerals Ltd. former headquarters in Calgary, Canada.

    The biggest Canadian gold hoax of all time

    A.J. Roan, Mining News|Updated Jan 5, 2023

    Start with the biggest deposit of gold ever reported, add in a dash of remote, inaccessible jungles of Indonesia, and let simmer for almost a decade, and you have a recipe for the largest mining-related scandal in modern history, resulting in the system of standardization regarding mineral reporting for the last twenty years and ideally for many more years to come. It is easy to forget that the systems by which mining companies in Canada report and display information... Full story

  • Aleut Corporation Aleutian Islands ANSCA Alaska Native Claims Settlement Act

    Aleut's Ring of Fire mineral potential

    Shane Lasley, Data Mine North|Updated Jan 6, 2022

    Aleut Corp. is committed to promoting economic opportunities for its more than 4,000 shareholders while preserving the traditional culture and values developed from living in a ruggedly beautiful stretch of Alaska. From the community of Sand Point on the Alaska Peninsula to Attu near the western end of 167 named Aleutian Islands extending more than 1,000 miles off Southwest Alaska, the Aleut Corp. region forms a boundary between the Pacific Ocean and Bering Sea. This... Full story

  • Bristol Bay Native Corporation BBNC ANCSA Alaska Native Claims Settlement Act

    "Fish First" guides BBNC resource policy

    Shane Lasley, Data Mine North|Updated Jan 6, 2022

    The Bristol Bay region is home to two resources that beyond a doubt earn the moniker "world-class" – an annual run of sockeye salmon that is second to none and Pebble, the largest undeveloped copper and gold deposits known to exist on Earth. These world-renowned resources, however, have stirred up controversy in this Oklahoma-sized region of Southwest Alaska, as many of the roughly 7,400 Bristol Bay residents are concerned that mining the copper, gold, molybdenum, rhenium, and... Full story

  • Redstar renews Unga lease, exploration

    Updated Sep 26, 2020

    Redstar Gold Corp. Aug. 22 renewed its lease for the Unga project on islands just off the Alaska Peninsula and plans to resume exploration of the high-grade gold project later this year. Aleut Corp., an Alaska Native Claims Settlement Act (ANCSA) regional corporation, owns the mineral rights to most of Unga. Two ANCSA village corporations, Shumagin and Unga, own much of the surface estate on this island. More information on Aleut Corp can be found at Aleuts Ring of Fire...

  • Alaska Native Claims Settlement Act Aleut Aleutian Islands Ring of Fire

    Aleut's Ring of Fire mineral potential

    Shane Lasley, Mining News|Updated Sep 26, 2020

    Aleut Corporation is committed to promoting economic opportunities for its more than 4,000 shareholders, while preserving the traditional culture and values developed from living in a ruggedly beautiful stretch of Alaska. The Alaska Peninsula and 167 named Aleutian Islands extending more than 1,000 miles off Southwest Alaska that make up the Aleut Corp. region form a border between the Pacific Ocean and Bering Sea. This geologically young island arc is part of the Pacific... Full story

  • Alaska Native Claims Settlement Act ANCSA mining articles

    "Fish First" guides BBNC resource policy

    Shane Lasley, Mining News|Updated Sep 25, 2020

    The Bristol Bay region is home to two resources that beyond a doubt earn the moniker "world-class" – an annual run of sockeye salmon that is second to none and Pebble, the largest undeveloped copper and gold deposits known to exist on Earth. These world-renowned resources, however, have stirred up controversy in this Oklahoma-sized region of Southwest Alaska, as many of the roughly 7,400 Bristol Bay residents are concerned that mining the copper, gold, molybdenum and other m... Full story

  • Mining Explorers 2017: State witnesses major upturn in activity

    Shane Lasley, Mining News|Updated Jan 24, 2018

    Alaska's minerals exploration sector is on an upswing, thanks to Australian mining explorers looking north and mining majors upping their activities in the state. South32 Ltd., a Perth, Australia-based miner spun out of BHP Billiton Plc, is the largest mining company from Down Under to express an interest in Alaska's mineral potential this year. South32, which has eight operating mines in the Southern Hemisphere, secured an option to acquire a 50 percent interest in Trilogy... Full story

  • Drills turn on AP

    Shane Lasley, Mining News|Updated Jul 19, 2015

    First Quantum Minerals Ltd. has agreed to invest US$2 million on a drill program aimed at further investigating the potential of Millrock Resources Inc.'s highly-prospective copper-gold project in western Alaska. The roughly 500,000-acre property extends about 75 miles from Stepovak Bay near the southwestern end of the Alaska Peninsula to a few miles north of Chignik Bay, one of the primary ports in the area. Millrock optioned the property in 2012 from Bristol Bay Native...

  • Supreme Court reminds us of St. Paul

    J. P. Tangen, Special to Mining News|Updated Jun 21, 2015

    On May 29, 2015 the Alaska Supreme Court handed down two opinions relating to the Pebble Project: The first reversed the Superior Court's holding in Nunamta Aulukesti, et al, v. State, et al, regarding the revocability of Miscellaneous Land Use Permits, or MLUPs, and the second reversed the lower court's award of costs and attorney's fees against the plaintiffs in the Nunamta case. If obfuscation is integral to the stereotype of the legal profession, certainly the Nunamta and...

  • First Quantum eyes SW copper potential

    Shane Lasley, Mining News|Updated Dec 21, 2014

    Since buying out its mining rival Inmet Mining Corp. in early 2013, First Quantum Minerals Ltd. has shown a keen interest in Alaska's copper potential. With seven mines in operation and five mineral projects under development, First Quantum is a growing, diversified miner with a particular focus on copper. Its operating mines and development projects are located in Africa, Australia, Finland, Spain, Turkey and Latin America. Yet the company has no foothold in North America....

  • Mining Explorers 2012: Alaska exploration takes a hit

    Shane Lasley, Mining News|Updated Nov 11, 2012

    Ending a streak of robust growth, mineral exploration spending in Alaska during 2012 took a downward turn from the record US$300 million spent a year earlier. "More advanced-stage projects that added ounces or pounds to their resource base had a better go of it than early-stage exploration projects which have taken a hard right cross to the jaw!" Curt Freeman, a well-known Alaska geologist and president of Fairbanks-based Avalon Development, observed in September. This blow de...

  • Explorers return to Alaska Peninsula

    Shane Lasley, Mining News|Updated Nov 20, 2011

    Stretching some 1,600 kilometers (1,000 miles) off Southwest Alaska into the Pacific Ocean, the Alaska Peninsula and trailing Aleutian Islands host among the oldest gold discoveries ever made in Alaska, yet it is the only island arc environment in the Pacific Ring of Fire without a major producing mine. Though no mines are currently operating in this region rich with epithermal gold, and porphyry copper-gold mineralizing systems, the arc has a prominent entry in the annals of...

  • Mining Explorers 2011: Explorers seek Alaska mammoths

    Shane Lasley, Mining News|Updated Nov 6, 2011

    Whether it is multimillion-ounce gold discoveries, copper deposits that measure in the billions of pounds or massive ore-bodies of 20 percent zinc, Alaska is renowned for its mammoth deposits. The prospect of finding another Donlin, Pebble or Red Dog continues to draw explorers to this vast and underexplored corner of the United States. In the Survey of Mining Companies: 2010/2011, conducted by the Fraser Institute, top executives from 494 mining and mineral exploration...

  • 2010 Mining Explorers: Explorers trek to Last Frontier

    Shane Lasley, Mining News|Updated Oct 31, 2010

    The Last Frontier, as Alaska has long been labeled, is as applicable a moniker today as it was to prospectors who ventured to the territory at the end of the 19th century. Alaska is considered one of the most mineralized provinces on Earth, but due to an inter-related combination of Arctic weather, rugged terrain, limited infrastructure and high exploration costs, the state's vast mineral potential remains at the edge of exploratory expansion. Though the Far North state...

  • Terrane wreck lures explorers to Alaska

    Shane Lasley, North of 60 Mining News|Updated Feb 28, 2010

    Geologically, Alaska is a terrane wreck, with multiple tectonic plates dumping their mineral payloads over the landscape. Geologists are still sifting through the wreckage in many places across the state to determine which mineral deposits were dumped by which terranes and when - a task not always easily accomplished as pileups have resulted, in many cases, from multiple mineralization events happening in the same geographical regions over time. A terrane is a series of...

  • PDAC offers miners feast of information

    Rose Ragsdale, For Mining News|Updated Mar 29, 2009

    TORONTO - For a first-timer, attending the 77th Prospectors and Developers Association of Canada annual International Convention, Trade Show and Investors Exchange overwhelmed, teased, tantalized and downright exhausted. Though folks remarked that convention attendance seemed down from the record-breaking levels of recent years, one couldn't discern any slackening in the steady streams of dark-suited conventioneers pouring onto the escalators in the multistoried convention hall, or crowding into meeting rooms at neighboring... Full story