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

Reuters recently reported that the 10 largest gold-producing companies worldwide have steadily increased their near-mine exploration budgets over the past few years to 56 percent in 2015 from 45... — Updated 2/5/2018

Peak Gold is raising the bar for high-grade gold deposits in Alaska. In fact, the gold grades this joint venture has reported from summer drilling at its Tetlin project in eastern Interior Alaska... — Updated 2/5/2018

Over the last month the inevitable termination dust has begun to show up across Alaska, bringing with it completion of mineral exploration programs and transition of development and production... — Updated 2/3/2018

Mineral exploration spending in Alaska hit an apex of US$365 million in 2011, but as venture capital for mining explorers dried these expenditures plummeted 78 percent to US$80 million in 2015. Howe... — Updated 2/3/2018

As tangible buoyancy returns to the mining industry, I began to wonder if any of the multitude of forecasters had actually predicted the recent return of stronger metals prices. Since most... — Updated 2/1/2018

The owners of Alaska’s five large metal mines – Sumitomo Metal Mining Pogo, Hecla Mining Company, Kinross Gold Corp, Teck Resources Ltd. and Coeur Mining Inc. – accounted for nearly half the US$92 m... — Updated 1/28/2018

Earlier in November, the Alaska Miners Association held its annual convention and trade show in Anchorage and as always, the well-attended convention overlapped with election Tuesday. While the... — Updated 1/26/2018

With metal prices stabilizing, physical stockpiles dwindling and demand again on the rise, things are beginning to look up for the beleagered mining industry. Gold's performance over the past... — Updated 1/26/2018

Contango Ore Inc. Aug. 16 provided another round of drill results from the second phase of 2016 drilling at the Tetlin project near the crossroads town of Tok in eastern Alaska. The results, from... — Updated 8/21/2016

From a Texas oilman discovering rich mineral prospects at Tetlin while investigating the natural gas potential of these Native owned lands to a royalty company setting aside its business model to... — Updated 7/3/2016

Contango ORE Inc. May 5 posted results from the first-ever winter drill program carried out on the Tetlin properties near Tok, Alaska. Peak Gold, a limited liability joint venture managed by a... — Updated 5/15/2016

IDM Mining Ltd. April 4 provided an updated resource estimate for its Red Mountain gold project located in northwestern British Columbia about 15 kilometers (nine miles) northeast of Stewart. Red... — Updated 4/10/2016

Although there is plenty of Alaska mining industry news this month, the big dog in the pen is the dramatic and unexpected run-up in the price of gold, which moved from a low of $1,078 per ounce to a... — Updated 2/28/2016

As the curtain rings down on 2015, the sound of clapping and cheering can already be heard from the mining industry as it anticipates the end of a largely depressing year which started out looking... — Updated 12/27/2015

Earlier this month, the Alaska Miners Association held its annual convention in Anchorage amid plummeting metals prices and an over-all atmosphere of economic uncertainty now stretching into its... — Updated 11/29/2015

Contango ORE Inc. Nov. 16 posted results from 19 of 32 holes drilled during the second phase of 2015 exploration at the Tetlin project near Tok, Alaska. This exploration was carried out by Peak... — Updated 11/22/2015

Initial results from the 2015 drill program at the Tetlin project in eastern Alaska near Tok is providing some insight into why Royal Gold Inc. was eager to invest US$4 million to fund a second... — Updated 10/18/2015

By the time this summary reaches your eyes, termination dust (aka "snow") will have started to cover mineral projects across Alaska. At a recent project site visit, one of the project owner's... — Updated 9/27/2015

If another US$4 million investment by Royal Gold Inc. is any indication, drilling so far this season at the Tetlin gold property in Interior Alaska is a success. In January, Royal Gold and Contango... — Updated 9/13/2015

Mining is a notoriously cyclical business that generally ebbs and flows with the overall state of the global economy, and these cycles are amplified for junior mining companies charged with... — Updated 8/9/2015

Royal Gold Inc. July 23 provided an operational update for its streaming and royalty interests at Mount Milligan, Phoenix and Voisey's Bay, as well as an update on exploration at the Peak Gold Joint... — Updated 8/2/2015

I recently returned from the Geological Society of Nevada's once-every-five-years Symposium in Reno and was surprised to learn a number of things regarding Alaska, despite the symposium's tight focu... — Updated 5/31/2015