(156) stories found containing 'Sumitomo Metal Mining'
Sorted by date Results 26 - 50 of 156
Northern Star raises cash to buy Pogo
Northern Star Resources Ltd. Sept. 3 raised AU$175 million to help fund its acquisition of the Pogo gold mine in Alaska. In a deal announced on Aug. 30, the Australia-based miner has agreed to pay... — Updated 9/25/2020
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Aussie gold miner to pay $260M for Pogo
Australian gold miner Northern Star Resources Ltd. is adding the Pogo Mine in Alaska to its growing portfolio of low-cost, high-grade underground gold mines. In a deal announced on Aug. 30, the... — Updated 9/25/2020
Millrock projects draw exploration funds
Millrock Resources Inc. July 18 said roughly US$5 million of partner-funded exploration is being carried out across its portfolio of mineral properties, including 10,000 meters of drilling at three... — Updated 9/25/2020
Stiff competition for exploration services
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, competition is... — Updated 9/25/2020 Full story
Pogo discoveries excite exploration team
While Pogo has surpassed its original life expectancy of 10 years and 3 million ounces of gold, the air of excitement emanating from the miners, geologists and management indicates that mining is ju... — Updated 9/24/2020
Rising metals prices ring in 2018
With the price for an ounce of gold pushing back above US$1,300 to ring in the new year – along with zinc and copper selling at multi-year highs and trending higher – 2018 is shaping up to be a goo... — Updated 9/24/2020 Full story
Pogo District heats up
As gold exploration cools globally, the search for the precious metal is once again heating up in the larger Pogo Mine region of Interior Alaska. One of the reasons this region continues to be a... — Updated 2/4/2018
New "GAME" in Alaska
Great American Minerals Exploration Inc. has closed a landmark option agreement with Sumitomo Metal Mining that consolidates the Monte Cristo and Uncle Sam gold properties into a single 55,465-acre... — Updated 2/4/2018 Full story
Alaska mines celebrate
Anniversary celebrations, golden milestones and rising metals prices are providing Alaska's metal miners with plenty to cheer about in 2016. Roughly 1 million ounces of gold will be mined in Alaska... — Updated 2/3/2018 Full story
Mining Explorers 2016: Sumitomo Metal Mining Pogo LLC
Sumitomo Metal Mining Pogo LLC - a joint venture between Japanese firms Sumitomo Metal Mining Company (85 percent) and Sumitomo Corp. (15 percent) -budgeted roughly US$10 million to continue to expand upon the high-grade gold zones at and around... — Updated 2/3/2018 Full story
Mining Explorers 2016: Millrock Resources Inc.
As a project generator, Millrock Resources Inc. is leveraging the notoriously cyclical mining markets to its advantage by acquiring promising mineral properties at rock bottom prices when the bears reign and ready them for robust exploration when... — Updated 2/3/2018
Mining Explorers 2016: Mineral exploration comes to life
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
Mining Explorers 2015: Majors carry Alaska exploration
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 Full story
ISER report: Mining sector pays its way
Although news from the mining industry is generally limited this time of year, several items of import over the past month bear discussion. Alaska suffered a tragedy with the recent passing of... — Updated 1/28/2018
A growing workforce
Mining's contribution to Alaska's economy starts with the hefty paychecks being issued to the some 4,350 miners that work in the state, according to recent study completed by the Alaska Miners... — Updated 1/27/2018 Full story
Mining Explorers 2017: Millrock Resources Inc.
Millrock Resources Inc. is a project generating mineral exploration company with seven projects in Alaska, three in British Columbia, 15 in Mexico and one in New Mexico. In Alaska, Millrock struck... — Updated 1/24/2018
Mining Explorers 2017: State witnesses major upturn in activity
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
Spirit of optimism
With C$2.5 million in the bank and roughly two dozen mineral exploration projects it has generated in Alaska, British Columbia, New Mexico and Mexico, Millrock Resources Inc. is prepared for a... — Updated 1/19/2018
Black bear kills Pogo explorer
Sumitomo Metal Mining Pogo June 19 reported that a contract employee was fatally attacked by a bear while carrying out geological field work on the Interior Alaska gold property. A second contract employee that was attacked was transported to... — Updated 1/15/2018
On frozen ground
While the mineral exploration season in Interior Alaska typically runs from the time the ground dries in the spring, usually mid-May, until snow and cold weather make logistics too cumbersome and... — Updated 1/15/2018
Millrock nabs Pogo area claims
Millrock Resources Inc. Oct. 5 said it has assembled a large land position covering high-potential gold targets near Sumitomo Metal Mining Company's Pogo gold mine in the Goodpaster Mining District... — Updated 10/9/2016
Mining group calls on nations to protect World Heritage sites
A group of the world's largest mining companies have taken the lead in protecting World Heritage sites and are pushing for global governments to follow suit. "The conservation of World Heritage... — Updated 9/11/2016
Alaska mines eye higher metals prices
Long, grueling, arduous, treacherous and painful are among the many adjectives, and sometimes expletives, used to describe the mining sector's nearly four-year bear market that is showing signs it... — Updated 4/3/2016 Full story
Pogo celebrates 10 years
On Jan. 12, 2006, the first ore from high-grade underground gold reserves was fed into the mill at the Pogo Mine located near the community of Delta Junction in Alaska's Interior region. Ten years,... — Updated 1/31/2016
Digging for optimism
A four-year rout in metals, coal and oil prices left Alaska's mining community digging deep for reasons to be optimistic during their annual gathering at the Alaska Miners Association convention in... — Updated 11/15/2015
