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

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... — Updated 12/9/2019 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 inv... — Updated 12/9/2019 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... — Updated 11/28/2019 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... — Updated 11/22/2019 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... — Updated 9/26/2019

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... — Updated 9/26/2019 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... — Updated 7/19/2019 Full story

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... — Updated 5/30/2019 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... — Updated 5/24/2019

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... — Updated 3/15/2019 Full story

Thanks largely to increased investments from Aussie mining explorers, mineral exploration spending across Alaska topped US$100 million in 2018. This is well above the roughly US$95... — Updated 3/1/2019 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 gol... — Updated 2/15/2019

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... — Updated 2/1/2019 Full story

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... — Updated 11/23/2018 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... — Updated 10/26/2018 Full story

The verdict is in – the economics of developing an open-pit mine at Peak Gold look tantalizing and Royal Gold Inc. is committed to being involved with this Eastern Interior Alaska... — Updated 10/26/2018 Full story

Following a couple of quiet months where Alaska's mining industry focused on its work, the last month has seen an explosion of new info come out regarding that effort, some of it... — Updated 10/5/2018

There has never been anything ordinary about the Peak Gold (formerly Tetlin) project, or the companies that are exploring the high-grade gold skarn deposits found there. In a move that... — Updated 9/27/2018 Full story

Contango ORE Inc. Aug. 30 said a preliminary economic assessment (PEA) for the Peak Gold (formerly Tetlin) project in eastern Alaska is slated for completion by the end of September.... — Updated 9/14/2018

An early spring coupled with low snow fall in many parts of Alaska have combined to enable companies large and small to start their summer field programs early this year. As expected, com... — Updated 4/26/2018 Full story

Contango ORE Inc. April 4 announced that Peak Gold LLC, a joint venture between Contango and Royal Gold Inc., has budgeted US$9.1 million for an initial phase of exploration at the Peak... — Updated 4/13/2018 Full story

Seven days of near-continuous rain did nothing to dampen the mood at the recently concluded Cordilleran Roundup Convention in Vancouver. The event was buoyed by a realistic optimism we... — Updated 3/1/2018 Full story

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,... — Updated 1/24/2018 Full story

Contango ORE Inc. Nov. 10 reported that Royal Gold Inc. has invested US$28.7 million into the Peak Gold project in eastern Alaska, which nears the US$30 million required to earn a 40... — Updated 1/13/2018

For the first time in five long years, the mood at the recently held Alaska Miners Association Convention in Anchorage was buoyant, the result of a slow but steady turnaround on mineral... — Updated 1/10/2018 Full story