The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 76 - 83 of 83
I have been reading the tea leaves and think there is an extremely important sequence of events unfolding that represents a golden opportunity for Alaska. Please bear with me as I try to wade through the logic of this and you can tell me what you think. About two months ago, Brent Cook, a well-known mining analyst and owner of Exploration Insights, published a rather illuminating article entitled "Where Have All the Gold Mines Gone?" The upshot of his article was that most...
The Alaska mining industry was relatively quiet over the last month with most of the news coming from programs completed in 2008. In addition, some programs have already started in 2009 but details are not ready for prime time gossip. A couple items that did catch my eye from the bigger world markets underscore the fact that opportunities still exist in this depressed economic climate and serve to magnify the pitfalls of government intervention in the private sector. The...
The new president of Alaska-focused exploration company Select Resources is ready to talk to any potential customer or joint venture partner if there is an opportunity to develop the business. That's the message from Henry "Rick" Sandri, who was promoted from executive vice president in December after Harry Noyes resigned his officer and director positions for family reasons. Select Resources is a mining subsidiary of Bakersfield, Calif.-based Tri-Valley, an oil and gas developer. "Every asset we have is for sale, lease,...
As expected, results from the summer field programs have begun to roll in from all over the state. Discoveries from base and precious metals properties were reported in September and several properties previously explored in the Carter administration were rediscovered and are turning out promising results. Metals prices remain robust with gold pushing the $475 per ounce mark. While Alaska's mining industry is still trying to catch its breath from this year, many companies...
As expected, news has begun to trickle in from projects being worked on across the state. Some of the news is good, some not so good and some makes one scratch the head and wonder what it all means. Two new corporations entered the Alaska exploration industry in August, a trend started late last year as metal prices began their climb to current levels. August also saw the start of several new programs on a wide range of projects spread from the Seward Peninsula to southern Southeastern Alaska. The tally of the good, the bad...
On the cusp of what promises to be one of the busiest mineral exploration and development seasons in the last 20 years, the mineral industry is madly preparing its personnel and equipment all across the state. Despite the late season snows and unusually cool temperatures being experienced as this summary is being written, many of Alaska's exploration programs are either under way or will be sometime in early May. Competition for funds within and between companies remains fierce as projects in the U.S., Canada, Europe,...
December, January and February are normally a time when the mining industry can stop and catch its collective breath, look into its often cloudy but well-used crystal ball and prepare for the coming year. Not so the last December, January and February! While 2004 results continued to pour in from projects large and small, plans for 2005 are well advanced and in some cases, already in full swing. Metals prices remained strong and even the most pessimistic prognosticators...
A new mining company has staked out a future in Alaska with the acquisition of the Shorty Creek prospect near Livengood. Select Resources, formed last December, is a wholly owned subsidiary of Bakersfield, Calif.-based Tri-Valley. Gold Range Ltd., a private exploration firm headquartered in Fairbanks, has leased its Shorty Creek claims to Select Resources, Tri-Valley announced Jan. 5. Neither company disclosed details of the financial arrangement. Indications of mineralization at the 34-square-mile Shorty Creek prospect... Full story
