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

It is high summer in Alaska and the mining industry is busy breaking rocks, drilling holes, collecting baseline data, making upgrades to mine facilities and producing metal and coal across the... — Updated 2/4/2018

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

Freegold Ventures Ltd. is testing the idea that a large and previously unrecognized porphyry deposit could lie beneath its Shorty Creek property in the Livengood Mining District of Interior Alaska.... — Updated 1/28/2018

Mineral exploration spending in Alaska will likely struggle to top US$80 million for 2014, a dramatic fall from the US$365.1 million pinnacle reached in 2011. "The din of mineral industry activity t... — 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

As a follow-up to last month's realization that once again "the game is afoot" in the mining industry, major gold producer Goldcorp recently presented some arresting statistics at the Bank of... — Updated 1/26/2018

Freegold Ventures Ltd. Sept. 8 provided results from the first hole of a 2016 drill program at the company's Shorty Creek copper-gold project in Interior Alaska. Drilling commenced on Hill 1835,... — Updated 9/18/2016

Freegold Ventures Ltd. May 20 reported closing a C$7.28 million financing in which it issued 40,461,766 units at C18 cents each. Each unit consists of one Freegold common share and half of a... — Updated 5/29/2016

Freegold Ventures Ltd. May 2 said it has filed a preliminary short form prospectus in connection with plans to raise at least C$3 million. The offering will be conducted on a best-effort basis... — Updated 5/8/2016

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

In an industry eager for even a scintilla of good news, a recent report from industry analyst SNL Metals & Mining recently gave the good-news-starved industry a bit of hope. SNL's article, titled,... — Updated 10/26/2014

At the same time as the EPA is pushing forward on its planned precedent-setting, pre-emptive, pre-permit veto of the Pebble project and the tailings dam failure at the Mount Polley mine in British... — Updated 8/31/2014

As is normally the case in high summer in Alaska, news has started to trickle out of the hills on projects where new work is being conducted, and several properties have changed hands or are in the... — Updated 7/27/2014

Before we take a peek at what is happening across Alaska, I'd like to summarize a superb presentation on the world's exploration industry presented by MinEx Consulting's Richard Shodde at a mining... — Updated 7/28/2013

In a year that has started off with more than its share of mining industry gloom and doom, this year's Fraser Institute "Survey of Mining Companies, 2012/2013" provided a bit of sunshine for Alaska.... — Updated 3/31/2013

Tri-Valley Corp., a California-based oil explorer, has cut an exploration-purchase deal with US Gold Corp. on the Richardson gold property, one of Tri-Valley's two mineral exploration properties in... — Updated 7/31/2011

The last half of December and the first half of January are normally relatively slow for business in the mining industry, in general, and in Alaska, in particular. The last two weeks this December... — Updated 1/23/2011

Alaska's mining industry is entering the final lap for what has turned out to be a more robust than expected year for exploration, development and production. Strong worldwide demand for mined produ... — Updated 11/21/2010

The annual Fraser Institute "Report on Mining Companies, 2009-2010" was recently released to a thundering silence. Several oddball items may help explain the lackluster response, but Alaska fared we... — Updated 5/30/2010

Although Alaska's summer field season is quickly coming to an end, the mineral industry continues to gain momentum thanks to rapidly increasing metals prices, fueled in part by growing industrial de... — Updated 9/27/2009