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

Tungsten could be held ransom unless domestic mines open Tungsten, or wolfram, is the 74th element on the periodic table of elements and, like many other metals that have found their way onto... — Updated 9/15/2022

"Grade is king" is an adage that guides mineral exploration and mining. The premise behind this basic axiom of the mining business is the less ore that needs to be mined and processed per ounce of p... — Updated 9/3/2022

North of 60 Mining News recently spoke with Ramzi Fawaz, president and CEO of Ambler Metals LLC, a 50-50 joint venture between South32 Ltd. and Trilogy Metals Inc. to develop the rich mineral resour... — Updated 2/25/2021

Strong metal prices and an infusion of cash from notable resource investors helped to salvage much of a 2020 mineral exploration season in Alaska that became lethargic with disruptions, delays, and... — Updated 2/4/2021 Full story

While Contango ORE Inc. opted not to carry out a 2020 field program in the midst of the COVID-19 pandemic, this unconventional mineral exploration company oft referred to as CORE churned out some of... — Updated 1/17/2021 Full story

In the few months since taking the helm at Contango ORE Inc., Rick Van Nieuwenhuyse has steered this unconventional mineral exploration company toward being the 30% owner of Alaska's next... — Updated 11/19/2020 Full story

Kinross Gold Corp. has agreed to pay US$93.7 million to buy a 70% stake in the Peak Gold project near the crossroads town of Tok in eastern Alaska, an acquisition slated to deliver high-grade... — Updated 10/2/2020 Full story

Trilogy Metals Inc. and South32 Ltd. Aug. 25 announced that former Newmont Corp. senior executive Ramzi Fawaz has been appointed as president and CEO of Ambler Metals LLC, the 50-50 joint venture... — Updated 9/26/2020 Full story

Contango ORE Inc. May 6 announced that management of the Peak Gold joint venture – Contango ORE (60%) and Royal Gold Inc. (40%) – has decided to postpone exploration on the Tetlin gold project... — Updated 9/26/2020 Full story

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... — Updated 9/26/2020 Full story

Contango ORE Inc. Jan. 6 announced that Rick Van Nieuwenhuyse has taken over as President and CEO of the Texas-based mineral exploration company advancing the Peak Gold project in eastern Alaska.... — Updated 9/26/2020 Full story

As the year winds down, mineral industry evaluations for 2019 are being published at a rapid rate. One of the most interesting such global reviews is EY Global Mining and Metals' annual "risk... — Updated 9/26/2020 Full story

Contango ORE Inc. Nov. 19 reported gold, silver and copper mineralization in its first two holes at Hona, a prospect on state of Alaska mining claims about 15 miles west of the Peak Gold deposits, w... — Updated 9/26/2020

If you have watched the metals markets over the last month, you know why Alaska's mineral industry has surged, stalled, swerved, swooped, slowed, shelved and stuttered, sometimes all at the same... — Updated 9/26/2020 Full story

Earlier this month S&P Global put out a summary indicating that during the first quarter of 2019 metals like copper, zinc and nickel were up quarter over quarter by 11 percent, 22 percent and 25... — Updated 9/25/2020 Full story

Contango ORE Inc. June 11 announced that the sales process for the Peak Gold joint venture has concluded without identifying a buyer for the partnership that owns the high-grade Peak Gold project... — Updated 9/25/2020

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... — Updated 9/25/2020 Full story

Contango ORE Inc. May 13 said the Peak Gold joint venture will carry out a US$6.9 million exploration program at the Peak Gold property near Tok, Alaska. At the same time, the project partners ... — Updated 9/25/2020

Those of you that attended the recent Cordilleran Roundup Convention in Vancouver can attest to the exuberant, upbeat atmosphere that pervaded the conference and was very much in evidence at the... — Updated 9/25/2020 Full story

Royal Gold Inc. Feb. 6 said it has two criteria for any mining company interested in buying the Peak Gold project in Alaska – a willingness to make building a mine at the high-grade gold project a... — Updated 9/25/2020

Contango ORE Inc. Jan. 23 announced that the Peak Gold mine project near the crossroads town of Tok in Eastern Interior Alaska is officially up for sale. The Peak Gold project is owned by a joint... — Updated 9/25/2020

Excited about the robust economics outlined in a preliminary economic assessment finalized in October, Peak Gold partners – Contango ORE Inc. (60 percent) and Royal Gold Inc. (40 percent) are now... — Updated 9/25/2020

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,... — Updated 8/14/2020 Full story

Building upon the strong economics of developing a mine at the high-grade Peak Gold project, joint venture partners Contango ORE Inc. (60 percent) and Royal Gold Inc. (40 percent) are investing US$6... — Updated 8/14/2020 Full story

Peak Gold, a joint venture between Contango ORE Inc. (60 percent) and Royal Gold Inc. (40 percent), is beginning to investigate the economics of mining the gold-rich Peak and North Peak skarn... — Updated 10/26/2018 Full story